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November 14th, 2016 posted by Amanda Han CPA (Taxloopholes.com Tax Strategist)

Can you believe 2016 is almost over? This year seemed to have flown by, hasn’t it?

As you may already know, 2016 was another year of significant changes, both in the market and in the tax world. In fact, there are still some potential tax changes that may be taking place in the next month or so.

Before the end of the year, you may want to take a moment to do some planning to make sure that you don’t get a surprise tax bill next April.

What is Year-End Planning and how can it help you? Let’s take a look at one of our client examples:

We had a client, Frank, who came to us around this time of year wondering what he could do to make sure he reduced his tax liability as much as possible. At that time, Frank had made a significant amount of money from his business. He also had a few rental properties and was paying for 2 kids in college. In working with Frank, we were able to reduce his taxes by shifting income into lower tax rates, maximizing his write-offs for his business, and changing how he used his business entity. By doing year end planning, Frank was able to save close to $10k in taxes for the year. Ask yourself, what could I do with an extra $10,000?

One of the biggest obstacles that prevent people from accumulating wealth and generating cash flow is the major burden from taxes. America’s tax law is so complex that most people just do not know what can and should be done in order to minimize their taxes. Bluntly put, a lot of tax preparers do not even know what can be done to minimize taxes which is the most unfortunate part.

So, what can I do to ensure I am protected?

To help you understand which year-end strategies you can benefit from for 2016, we have put together a comprehensive course entitled 2016 Year-End Tax Strategies: Your 30-Day Action Plan. This course is designed to help you identify year-end strategies in order to save you taxes and keep more money in your pocket for 2016. Join us to learn:

  • Savvy Year-End Tax Moves That Won’t Cost You a Dime
  • What You Need to Put in Place to Legally Shift Income to Lower Your Tax Bill
  • Setting Up the Best Retirement Account in 2016
  • Tax Efficient Ways to Extract Profits from Your Business or Real Estate
  • Entity Structuring Must-Do’s Before Year-End 2016
  • & Much More!

Click HERE to find out more information on how to access this online course.

Spend an hour with us to learn the nuts and bolts of year-end planning and to create your own 30-Day Action Plan to save taxes in 2016 for just $29.

Our guarantee is that if you don’t get at least one strategy that you can use to save $29 in taxes, we will refund you the money.

Join us for our special course 2016 Year-End Tax Strategies: Your 30-Day Action Plan to learn what you can do today to save taxes for 2016. It is as easy as 1-2-3!!

Click HERE to find out more information.

If you have not done so already, we invite you to check out our newest book on Tax Saving Strategies for the Savvy Real Estate Investor on Amazon.