IRS Tax forms can be confusing.
Am I a 1099 or a W-2.
Do I need an 8832 or a W-7.
What the difference between an "S" corp and schedule "C" income?
tax secrets of the rich found here
Our program is designed to teach you to build lasting wealth. In order to do so, we've got to start with a fundamental principle.
Stop focusing on IRS Tax forms and start focusing on generating income.
tax secrets of the rich found here
I don't mean to be rude, but some people are so hung up on which form to use, they never really get out of the starting gates. So here's my suggestion ? get your business making money first and then worry about the IRS forms.
As you build your asset column bigger and stronger, you got to start surrounding yourself with competent advisors. I call this your wealth team. You need a great attorney (or two). You need a financial planner and probably an estate planner. And you need a knowledgeable C.P.A. that is familiar with the tax saving strategies we teach.
The truth is, you should never worry about which IRS forms to use. That's your accountant or C.P.A.'s job. Your job is to make lots of money and then structure yourself so that lawsuits and taxes can't take it away from you.
tax secrets of the rich found here
So, keep your eye on the ball. Stay focused on the right things and let your C.P.A. figure out which IRS forms to use.
All the Best, -Drew Miles
Drew has combined what he learned during formal education, informal education and twenty five years of business experience in the development of programs designed to teach people how to build and preserve lasting wealth. He is an author, teacher and international speaker in the areas of asset protection, and tax saving and wealth building strategies.
recurring maid service Buffalo Grove ..Deduction of Refinance PointsAny points that you pay in the... Read More
As a small business owner or self-employed person, one of... Read More
Employers often ask employees to designate the amount of tax... Read More
As a sole proprietor, it's wise to familiarize yourself with... Read More
April 15th looms in front of most people every year... Read More
In the rush to get tax returns prepared and filed... Read More
"Settle for Pennies on the Dollar! IRS debts settled for... Read More
So, you were pleasantly surprised to learn that you are... Read More
As your business grows, you are going to need help.... Read More
Millions of people file tax return extensions every year. The... Read More
The Sarbanes-Oxley Act, also called the Public Company Accounting Reform... Read More
In a past article I relayed the plight of the... Read More
OverviewIn the Pre-Budget Report of December 2003 the Chancellor Gordon... Read More
Yes, the tax season is upon with the first filing... Read More
How Home-Based Businesses Can Avoid Giving Uncle Sam... Read More
Reservists called to active duty and enlistees in the armed... Read More
You're at your office, or home, and the doorbell rings... Read More
Over 50% of marriages end in divorce in the United... Read More
Haven't done your taxes yet? No problem. Now there is... Read More
We all love to criticize the IRS, don't we? And... Read More
The means and types of businesses have transformed with advent... Read More
Newlyweds and the recently divorced should make sure that names... Read More
1812The first attempt to impose an income tax on America... Read More
If your business has employees, you must pay employment taxes.... Read More
According to the IRS, taxpayers underpay their taxes by some... Read More
premium house cleaning Glenview ..As we enter mid-March, taxpayers begin to become very interested... Read More
Why a Corporation Helps Save You TaxesThe Tax Rates (Notice... Read More
In the rush to get tax returns prepared and filed... Read More
Deducting Your Auto ExpensesAuto deductions are a very complex topic.... Read More
The IRS has obtained civil injunctions against more than 100... Read More
Do you realize that some tax forms ask you to... Read More
April 15th looms in front of most people every year... Read More
Strategic planning throughout the year results in a minimal tax... Read More
The United States is a nation of entrepreneurs. There are... Read More
No one likes paying tax. Everyone understands that tax is... Read More
Beware of advertisements that claim to settle tax debts for... Read More
Choosing the right tax preparer for your business is a... Read More
Haven't done your taxes yet? No problem. Now there is... Read More
OverviewIn the Pre-Budget Report of December 2003 the Chancellor Gordon... Read More
As an employer, you must pay employment taxes if you... Read More
Most people look forward to getting their tax return, but... Read More
Each year, the IRS lists various scams taxpayers get caught... Read More
Does your incorporated business pay alternative minimum tax ["AMT]? If... Read More
On June 3, 2005, the IRS released guidance on charitable... Read More
Own residential rental properties? This article discusses how income from... Read More
How Home-Based Businesses Can Avoid Giving Uncle Sam... Read More
Self-assessment relies on taxpayers voluntarily meeting their tax obligations. This... Read More
The powers of Congress, and the limitations set upon those... Read More
Statistics for IndividualsUnfortunately, the IRS increased its rate of auditing... Read More
The Sarbanes-Oxley Act, also called the Public Company Accounting Reform... Read More
Tax |