Business Mileage Tax Deduction – The Holy Grail of Tax Deductions
Want to make a profit for driving around town? Take a look at the business mileage deduction. Perhaps some or all of those miles can help reduce your taxes.
The more you know about the US tax code, the more opportunities you will find to live a tax-efficient life and save money in the process. You should feel proud to pay every dollar you owe in taxes, but you shouldn’t leave a tip.
Want to make a profit for driving around town? Take a look at the business mileage deduction. Perhaps some or all of those miles can help reduce your taxes.
Answering reader questions with WCI Ambassador Disha Spath on merging finances with a significant other, 529 plans, and trust beneficiaries.
Here are several ways that savvy investors can reduce their tax bills while boosting their after-tax investment returns.
Answering reader questions on I Bonds, tax-loss harvesting, and 457 plans. Also, an interview with Leti and Kenji from Zero To Freedom.
Learn the (very few) things you can do to avoid the Alternative Minimum Tax. But there's also some good news if you do have to pay.
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Owning an asset for more than one year before you sell is the key to paying less in capital gains tax. Know your capital gains tax rate!
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
The Washington state legislature has passed a law forcing you to buy long-term care insurance or pay a tax. This is why it's a terrible law.
Discussing the latest proposed law from Congress that could impact your tax bracket and Backdoor Roth IRA. Also answering listener questions regarding PSLF, catch-up contributions, and more.
Congress is proposing tax changes that could affect the Roth IRAs and tax brackets of high earners. Here's what you should be thinking about.
To have a better understanding of how taxes work and how to maximize deductions, take a look at IRS Form 1120-S that I completed for my S Corp this year.
It pays to understand the tax code. Learn how income flows through your return and you'll see the potential to keep a lot more of your money.
Tax-loss harvesting is useful for most people and can be VERY useful for someone like myself. Calculate how much it could be worth to you.
A wealth tax is a really bad idea and nearly impossible to do in a fair way. Here are alternative ways to tax the rich that at least make a little more sense.
Paying attention to your taxes now AND your taxes later will give you the tax diversification and freedom you’ll want during retirement.
Medical school may not have taught you about money, but we will.
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