These Tax Tips are especially useful in your day - to -day dealing with
the IRS and Uncle Sam. This page is up-dated every Monday morning,
so add this page to your bookmarks and check back often!
| 2000 YEAR END TAX PLANNING IS ESSENTIAL! (A) Work with your tax professional or broker to determine that your capital gains and losses are properly positioned. (Only $3,000 of capital losses can be deducted against ordinary income.) (B) Pay your last installment of estimated State and Local taxes in December, 2000. (C) Be sure that you have purchased $20,000 of Sect. 179 property ($24,000 for 2001 and 2002 and $25,000 for 2003). If you have a C Corporation, and a sole-owner, partnership or Sub-S business, you may be able to take this $20,000 in the C Corporation and in one of your other businesses. (D) Short of cash? Consider charging business supplies or other business expenses on your credit card. In most instances, the IRS considers these to be expenses in the year charged to the credit card. - See Chapter 3 of our book for other tax saving techniques! - (THANKS for the many hits to our web site each day! Our sit is being visited by the IRS, DOJ, USPS, FDIC, VA, FED BANK, WORLD BANK, NASA, EPA, CENSUS, educators, students, and many others wanting to reduce their large tax burden legally. Please email us with any suggestions that we can use to help the American public reduce their large tax burden.) |
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CONTINUED YEAR END TAX PLANNING! Do not wait until the end of the year or April to do your tax planning. Begin your tax planning now with the help of our book. Learn "How to Screw the IRS" legally, and get the help, courage and confidence you need when you have any type of encounters with the IRS. ORDER TODAY! (OUR BOOK MAKES GOOD BIRTHDAY AND CHRISTMAS GIFTS!) - (Our web site & book is not intended to provide legal, accounting, or other professional services, and should not be used as a substitute for professional advice.) |
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