Categorized | Taxloopholes Blog

The Three Things You Must Do Now for 2009 Tax Planning

The more time you have to plan for your income, the less taxes you’ll pay.

No planning and no time = more taxes.

To pay less tax in 2009, there are three things you must do RIGHT NOW:

( 1) Look at your business structure. If you have a Single Member LLC for your business and haven’t elected tax treatment, you’ll be taxed as a Sole Proprietorship. That means higher taxes, more risk and more chance of IRS audit. Are you ready for a C Corporation? Or, do you need to switch your C to an S?

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Coaching Sessions Are FREE! Bonus to Clients

16 January 2010

If you haven’t yet checked out the coaching schedule at USTaxAid, take a second to do it here: http://www.usataxaid.com/coaching/ We’ve had a record number of people sign up for the coaching classes and are getting rave reviews.  Our next session is January 22nd on C Corporation Tricks and Traps.  When you sign up, you get copies [...]

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Announcement

Are You Saving Taxes The Wrong Way?

25 January 2010

Every week I do FREE! tax reviews of past tax returns. In many cases, I find easy solutions that would have saved the taxpayer tens of thousands of dollars in taxes each and every year.  In a few cases, I can’t find anything and I’m the first one to say that.  I never want to [...]

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Success Stories

The Internet and Sales Tax Nexus

10 March 2010

Our book, Smart Business Stupid Business is now shipping! And, in between all of the marketing that goes along with the publication of any new book, we’re also experiencing something new. How do we handle sales on our website, when states are creating so many conflicting nexus laws? Colorado is the latest state to join the [...]

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