by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning Are You Cheating Yourself by Using IRS Mileage Rates? Bradford Tax Institute Are you using IRS mileage rates for your business vehicle? I have a new tool that can tell us whether the mileage rates are a good deal for your taxes. With this tool, I look at...
by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning Tax-Deductible Business Expansion Beats Capitalization Bradford Tax Institute Tax deductions put cash in your pocket and make you smile. Capitalized business acquisition expenses don’t make you smile because they generally produce no tax cash...
by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning Know These Four Magic Business Mileage Rules Bradford Tax Institute When you know the rules related to business mileage, you: protect yourself in the event of an IRS audit, and pay less tax. Take Henry, for example. Before he knew the mileage rules, he...
by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning Tax Deductions for Entertainment Facility – Vacation Home Bradford Tax Institute Here is a bit of good news: your vacation home can produce business deductions. But you need to avoid having your vacation home classified as an entertainment facility...
by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning Deduct 100 Percent of Your Business Meals Under New Rules Bradford Tax Institute Since 1986, lawmakers have limited business meal deductions: first to 80 percent, and then to 50 percent (unless an exception applies). But on December 27, 2020, in an effort...
by Randy Luebke | Aug 1, 2021 | 4-Tax Planning, Blog Posts, College Planning, Financial Edification, Newsletter, The 4 Essential Elements, The 4x4 Financial Independence Plan
Tax Planning 5 Rules for Turning Your Vacation – Even a Luxurious One – Into Tax-Deductible Business Travel Bradford Tax Institute Estimated tax tip savings: When you convert your vacation into a business trip, your transportation expenses suddenly become...