The Book on Tax Strategies for the Savvy Real Estate Investor


Book Description

Taxes! Boring and irritating, right? Perhaps. But if you want to succeed in real estate, your tax strategy will play a HUGE role in how fast you grow. A great tax strategy can save you thousands of dollars a year - and a bad strategy could land you in legal trouble. That's why BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! To help you deduct more, invest smarter, and pay far less to the IRS!




Tax Strategies for High Net-Worth Individuals


Book Description

This book contains strategies to Save Money, Invest, and Reduce Taxes. Such strategies include opening a SEP IRA, contributing to your 401K, maximizing Life Insurance and many more. It is intended to help all incomes levels but in particular people of? High Net-worth such as Business Owners, Doctors,? and Lawyers. The book contains strategies that could help your overall Financial Plan after consulting with a fiduciary professional.




Tax-Free Wealth


Book Description

Tax-Free Wealth is about tax planning concepts. It’s about how to use your country’s tax laws to your benefit. In this book, Tom Wheelwright will tell you how the tax laws work. And how they are designed to reduce your taxes, not to increase your taxes. Once you understand this basic principle, you no longer need to be afraid of the tax laws. They are there to help you and your business—not to hinder you. Once you understand the basic principles of tax reduction, you can begin, immediately, reducing your taxes. Eventually, you may even be able to legally eliminate your income taxes and drastically reduce your other taxes. Once you do that, you can live a life of Tax-Free Wealth.




The Power of Zero, Revised and Updated


Book Description

OVER 300,000 COPIES IN PRINT, WITH A NEW CHAPTER ON THE 2018 TAX CUTS. There's a massive freight train bearing down on the average American investor, and it's coming in the form of higher taxes. The United States Government has made trillions of dollars in unfunded promises for programs like Social Security and Medicare—and the only way to deliver on these promises is to raise taxes. Some experts have even suggested that tax rates will need to double, just to keep our country solvent. Unfortunately, if you're like most Americans, you've saved the majority of your retirement assets in tax-deferred vehicles like 401(k)s and IRAs. If tax rates go up, how much of your hard-earned money will you really get to keep? In The Power of Zero, McKnight provides a concise, step-by-step roadmap on how to get to the 0% tax bracket by the time you retire, effectively eliminating tax rate risk from your retirement picture. Now, in this expanded edition, McKnight has updated the book with a new chapter on the 2017 Tax Cuts and Jobs Act, showing readers how to navigate the new tax law, and how they can extend the life of their retirement savings by taking advantage of it now. The day of reckoning is fast approaching. Are you ready to do what it takes to experience the power of zero?




The "Not a Tax Book" Tax Book


Book Description

When it comes to taxes, do you know what you don't know? Taxes don't have to be taxing, take control of your finances and learn the secrets of sophisticated tax strategies from professionals! Put money in your pocket with easy to read relatable stories of real people, just like you!* Powerful tax strategies in every story!* Save $$$ this year and every year after that!* Stories conclude with "Questions for your tax professional", so you will always know the right questions to ask.* Each story is easy to read and self-contained, skip straight to the stories that relate to YOU!* Tax Tips for small business owners, read how to save money without spending a dime and so many more, WOW!* Tax Tips for W2 employees, read about RMD tricks, "Bunching", Backdoor Roth's, using college savings accounts to buy a beach house and much MORE!* DON'T GO THERE DOUG! Examples of how to avoid "tax traps" and pitfalls.* Don't miss out on tax saving strategies any longer!Wouldn't it be great if there was a tax book that anyone could read and understand, that wasn't boring, and that actually had great information that you could use today to start saving money? Unlike tax books filed with complicated tax codes, The "Not a Tax Book" Tax Book helps you discover tax reduction strategies through the success stories of real people, just like you.This easy read is packed full of information that will provide you with strategies to save taxes and put your money back where it belongs―in your bank account. If you own a small business and want to maximize your tax benefit, this book is for you! Do you own a rental, contribute to 401K's, IRA's, HSA's, 529's or other accounts with letters and numbers? Then this book is for you! This book gives you the answers you need quickly, with straightforward guidance that will give you a tremendous head start toward keeping more cash in your pocket every month and year after year. About the authors: Michael A. York, EA (Michael A. York & Associates, Salt Lake City, UT) literally grew up in a CPA firm - his dad didn't teach him how to fix anything, he taught Michael how to deduct it, and Michael has spent decades focusing on nothing but taxes. Andrew L. Stevens, EA, MBA (Houston Tax Advisors, Houston, TX) began working in that same tax firm in 1999, and has since gone to business school, worked in management consulting, started a business and sold it, all while remaining grounded to his roots in taxes. When Michael and Andrew sat down to compare notes, they started with the question, "What is the best thing we have found to educate clients about tax strategy?" Their answers were identical: relatable stories! No one likes code sections and very few understand tax language, but everyone can relate to (and remember!) real stories about real people. So they wrote a book full of real stories about how real people save real money on their taxes, and the best part is that you can use these strategies, too! Taxes don't need to tax you anymore!Need a tax professional? Contact The York Tax GroupTel: (801) [email protected]




Advanced Tax Planning for Medical Professionals


Book Description

Written by the spouse of a physician, Advanced Tax Planning for Medical Professionals: A Concise Guide to Tax Reduction Strategies will walk you through the different types of tax planning strategies available to physicians, dentists, and other high-income professionals.As a medical professional you are bombarded with "financial gurus" before you even leave residency. It is important to have an understanding of different tax planning strategies in order to build wealth and financial independence. This book provides a snapshot of basic to advanced strategies and case studies to see the strategies in action. If you are ready to keep more of what you earn with court-tested, IRS approved strategies, click the buy button now!




Tax Strategies for Everyone


Book Description

ARE YOU PAYING TOO MUCH IN TAXES? Every year, millions of Americans pay more taxes than they should. Are you one of them? It’s time to stop overpaying and start taking control of your tax bill. In easy-to-understand language, Tax Strategies for Everyone shares expert secrets for minimizing taxes. You’ll discover: • The most common tax traps and how to avoid them • How to use tax credits to lower your taxable income • Why starting a part-time side business is a great way to lower your tax bill • Tips for turning personal expenses into business deductions • How you can transform your home into a tax shelter (and make millions tax-free by moving) • What to do—and what not to do—if you’re audited by the IRS • Smart ideas to boost retirement income—and pay zero taxes • The best ways to transfer wealth to your loved ones without triggering income or estate taxes Tax breaks aren’t just for the rich. Whether you’re an employee, a freelancer, or a business owner, there are plenty of tactics you can use to minimize taxes legally and ethically. Packed with expert tips and tricks, Tax Strategies for Everyone will help you lower your tax bill so you can keep more of your hard-earned money.




10 Powerful Tax Strategies That Pass IRS Scrutiny


Book Description

Tax attorney shares ten simple tax strategies in easy to understand lanquage that will eliminate if not substantially reduce your taxes. These tax strategies include: taking advantage of over 50 types of tax-free income; converting ordinary income to tax-reduced income; using IRS plans to defer income to future years; identifying adjustment that lower your tax liability; maximizing every allowable deduction; minimizing your withholding taxes; finding tax credits that eliminate taxes dollar for dollar; shifting income to future years; shifting income to other taxpayers; and shifting deductions to the current year. Don't let one more day go by paying more than your fair share of taxes.




Winning Tax Strategies


Book Description




Tax Planning Strategies


Book Description

Major new tax laws aimed at boosting the economy, addressing rising health care costs and providing tax relief have created numerous tax planning opportunities-and challenges. Tax rates and other changes that phase in and phase out between now and 2010 make mid- and long-term financial planning difficult and more tax-driven than ever before. Sound tax guidance and planning is essential to maximize many of the available tax benefits and avoid tax pitfalls.