|
Defer Taxes Using Contract for Sales |
|
|
|
TAXES WILL BE PAID ONLY WHEN ALL OF THE PRINCIPAL HAS BEEN COLLECTED
The next best thing to not paying taxes is to defer paying them for a long time. Everyone knows this can be done with a 1031 exchange but not everyone knows it can also be done with a Contract for Sale.
|
|
Read more...
|
|
|
NV Gives Up Privacy |
|
|
|
Thanks to Roger Krogen who has been a registered agent in Nevada for over a decade for supplying the following news.
Nevada has begun notifying ALL Nevada corporations and LLCs that they must purchase a Business Tax Permit for $100 — even if they are not doing any business inside the state. But it gets worse. The application requires:
|
|
Read more...
|
|
End of Year Planning |
|
|
|
As the end of the year approaches, we are all involved with Holiday plans and celebrations with family. On the business side, it is end of year planning. I wanted to discuss a couple of things you should be sure to consider this time of year.
First is end of year tax planning. This is the time to consider whether to pull in expenses and push out collections based on how your tax picture is shaping up. If you need more deductions and have a corporation, you may want to consider Section 179 expensing. This section allows you to take up to $125,000 in deductions (2007) on equipment “that is new to you” used in your business.
|
|
Read more...
|
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 3 of 14 |