Your Business Inc Introduction To Business As A Tax Shelter(1st Edition)
Authors:
Michael J Hovell EA
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Book details
ISBN: 979-8356870255
Book publisher: Independently published (October 1, 2022)
Your Business Inc Introduction To Business As A Tax Shelter 1st Edition Summary: “In America, there are two tax systems, one for the informed and one for the uninformed...” -- Judge HandIn Your Business Inc, veteran tax resolution specialist and IRS Enrolled Agent Michael Hovell draws on years of advanced federal tax code research and consulting for high-profile tax professionals to provide you with powerful (and legal!) tools to save your family and small business thousands of dollars in income tax liability every year.You see, the US government has given business owners many tax loopholes and business tax deductions, which benefits both the government and taxpayers. Hovell has helped many individuals successfully structure businesses to help them drastically reduce taxes, and now in this revolutionary new tax book, he provides the same vital information to readers, so that you can set up your business, start employing tax reduction strategies and use your new business entity as a valuable tax shelter.In this easy-to-understand business tax guide, you will learn:An overview of each type of business entity and potential tax benefits of eachHow to use business tax incentives to reduce taxable income, including deducting rent at the highest possible rate for the use of your house in your home businessThe best way to maximize tax deductions for personal vacations, in conjunction with business travel, including Hovell’s Tax-Optimized Travel ItineraryHow to pay your children up to $13K per year in tax free income, while taking a business deduction each year and paying your spouse for child care, while taking a valuable deductionThe top 4 new business ideas for 2022-2023. These 4 businesses all have no start-up costs, require minimal time and effort, and run themselves, while generating profitsBy applying the proven tax tips provided in Your Business Inc, you can start the process of structuring your business to reduce your tax burden next tax filing season.Page Up and Order Now.
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