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Tax planning tips for 2006 (2006-12-04)

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Tax planning tips for 2006 (2006-12-04)  Reply with quote  

Tax planning tips for 2006 (2006-12-04)

by David John Marotta

Making time for year-end tax planning during the busy holiday season may sound like bad timing, but it may save you bundles of cash come April 15th. However, in order to make full use of these tax-saving tips, be sure to visit your tax professional before year's end. Once January 1st rolls around, there's little else you can do but pay-up.

Read the complete column at http://www.emarotta.com/article.php?ID=207

David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
Post Tue Dec 05, 2006 3:53 am
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Thanks for sharing, '

Let me share some more

You can have tax advantages if you own a business. Are you tax wise?
The typical employee’s income looks like this:

Work --- Pay Taxes --- Spend what is left over.

The typical business owner's income looks like this:

Work --- Spend --- Pay taxes on what is left over.

Please listen to this audio link to find out more from Sandy Botkins, former IRS tax attorney: https://www.secure-session.com/files/11/104570/277617752/D1DC054CD5/i/5172005_SandyBotkins.mp3

In fact Sandy Says "You would be brain dead not to have a home based business, home based business is one of the few legal tax shelters left"
See article:

Post Thu Jan 04, 2007 11:19 pm
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