A Very Good Taxes - Part 1: Difference between revisions
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Revision as of 15:00, 22 September 2024
schoolofcompetition.com
One more week until Tax Entire day. Have you filed yours yet? I haven't (probably should get on that, actually), and when I read in USA Today that roughly 47% of Americans won't even need to worry about paying federal income taxes, I start to wonder if I would even bother. Oh sure, there's the threat of prison time for tax evasion, but really, exactly what is the point if half the damn country isn't going invest up and jump off scot-free?
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2) A person been participating within your company's retirement plan? If not, why not? Every dollar you contribute could lessen taxable income decrease your taxes to boot.
Offshore Strategies - A regular area of angst for that IRS, offshore strategies still be monitored. The IRS is hyper understanding of such strategies and attempts to shut them down. In 2005, 68 individuals were charged and convicted for promotion offshore tax scams and several taxpayers were audited with nightmarish satisfaction. If you want to try offshore, you should get qualified advice on a tax professional and legal representative. Don't buy something off a affiliate marketing website.
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