Saving Money On Taxes

Posted on: 30 August 2021

Investing in real estate can be a great way to grow your personal wealth. Real estate investors are allowed to take advantage of certain tax benefits that can help them reduce their tax burden and retain more profit over time. One of these tax benefits is known as a rental property 1031 tax exchange. Understanding the nuances of a 1031 tax exchange can be challenging. Here are three facts that you can use to help you gain a better understanding of the 1031 tax exchange process.
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Posted on: 12 April 2021

While being an entrepreneur can be a lucrative career, not all businesses are a success. And the reasons for the failure can range from poor management to lack of finances. However, one of the most common reasons why some businesses do not make a profit is bad accounting practices. A typical reason why business owners assume it is best to manage their business's money is that they believe it will be cheaper than hiring an accountant.
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Posted on: 25 June 2020

If you are looking for a tax-deductible way to save for future medical expenses as well as retirement, then a health savings account, or HSA may be for you. HSAs have many advantages, but they're not for everyone. For one, you must qualify under some strict IRS rules. Here is more information about how an HSA can help you with taxes and retirement, and what you need to do to have one.
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Posted on: 6 August 2019

Are you married to someone who owes back child support? Did you file a married joint tax return only to discover that part of your refund was used to cover arrears? If so, you are likely feeling stressed out and panicked. Many people run into the same situation time and time again. Fortunately, there is hope. It is possible for you to retrieve your portion of the tax refund, but you need to understand what steps you must take.
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