Simple Solutions for Resolving Outstanding Tax Debt
August 1st, 2018 (Taxloopholes.com Tax Strategist)
Despite your best efforts, there is always a possibility that your tax bill will be larger than planned. For those on a tight budget, tax debt can be a problem. Fortunately, if you can’t afford to pay your bill in full by the date it is due, the IRS offers several alternative options. The most […]
Preventing and Recovering from Identity Theft
July 24th, 2018 (Taxloopholes.com Tax Strategist)
When major organizations experience a data breach, it is front page news. However, these occasional reports don’t show the magnitude of the issue. Thousands of companies have security lapses every year, exposing your tax ID and other sensitive information to misuse. Even the IRS is not immune from the impact of identity theft. The annual […]
Tips for Creating a Comprehensive Tax Minimization Plan for Your Estate
July 19th, 2018 (Taxloopholes.com Tax Strategist)
Tax minimization strategies aren’t just for your wealth-building years. It is also critical to consider the taxes that could be assessed to your estate after your death. The cost of passing your wealth to beneficiaries can be shockingly high. Without careful planning, a lifetime of hard work and conscientious saving can be undone after your […]
Preserving Your Wealth with a Clear Exit Strategy
July 10th, 2018 (Taxloopholes.com Tax Strategist)
Entrepreneurs find success, because they have singular focus. They take an idea and turn it into a full-fledged business. When you are getting started, your energy is devoted to building – planning for your eventual exit is the last thing on your mind. However, the sooner you start thinking about succession planning, the more likely […]
