Category: <span>Tax Planning</span>

Earn 9.6% for 6 Months Guaranteed!

Earn 9.6% for 6 Months Guaranteed!

Earn 9.6% for 6 Months Guaranteed! September 2022 More on Earning 9.62 Percent Tax-Deferred You can buy from now through October 31, 2022, Series I bonds from the U.S Treasury that pay 9.62 percent tax-deferred interest. If you buy now, you earn that 9.62 percent for...
Inflation Alert: Consider Investing in TIPS

Inflation Alert: Consider Investing in TIPS

Inflation Alert: Consider Investing in TIPS The Fed is finally taking aggressive action to fight inflation, but will it work? Where’s the stock market headed? Who knows? Real estate might be a good inflation hedge, but it’s a non-liquid asset and no sure thing....
Is a Property Fix-up and Sale an Investor or a Dealer Property?

Is a Property Fix-up and Sale an Investor or a Dealer Property?

Is a Property Fix-up and Sale an Investor or a Dealer Property? Background I’m an independent computer consultant who nets $100,000 from my proprietorship. I bought a house in March 2019, fixed it up, and sold it in April 2020 at a net profit of $85,000. I bought...
Do you need more 2020 tax deductions?

Do you need more 2020 tax deductions?

Do you need more 2020 tax deductions?   Here’s an easy question: Do you need more 2020 tax deductions? If yes, continue on. Next easy question: Do you need a replacement business vehicle? If yes, you can simultaneously solve or mitigate both the first problem...
Last Minute 2020 Biz Deductions

Last Minute 2020 Biz Deductions

The purpose of this post is to get the IRS to owe you money. The purpose of this post is to get the IRS to owe you money. Of course, the IRS is not likely to cut you a check for this money (although in the right circumstances, that will happen), but you’ll realize the...