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Tax Education for Self-Employed Small Business Owners

If your starting or a business, running a business, selling a business, closing a business, or need to do your taxes online, you've come to the right place.

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Tax Education for Self-Employed Small Business Owners | loopholelewy.com Reviews
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If your starting or a business, running a business, selling a business, closing a business, or need to do your taxes online, you've come to the right place.
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Tax Education for Self-Employed Small Business Owners | loopholelewy.com Reviews

https://loopholelewy.com

If your starting or a business, running a business, selling a business, closing a business, or need to do your taxes online, you've come to the right place.

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1

Identity Theft a Major Concern on the IRS List of Tax Scams

http://www.loopholelewy.com/loopholelewy/articles/Identity-theft-a-major-concern-on-IRS-list-of-tax-scams.htm

Identity Theft a Major Concern on the IRS List of Tax Scams. Fighting identity theft is an ongoing battle as identity thieves continue to create new ways of stealing personal information and using it for their gain. The IRS offers the following tips as ways to protect you from becoming a victim of identity theft:. Don’t carry your Social Security card or any documents that include your Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN). Protect your financial information.

2

Save on Your Taxes and for Retirement with the Saver’s Credit

http://www.loopholelewy.com/loopholelewy/articles/save-on-your-taxes-and-for-retirement-with-the-savers-credit.htm

Save on Your Taxes and for Retirement with the Saver’s Credit. If you contribute to a retirement plan, like a 401(k) or an IRA, you may be able to claim the Saver’s Credit. This credit can help you save for retirement and reduce the tax you owe. Here are some key facts that you should know about this important tax credit:. You may be able to claim the credit depending on your filing status and the amount of your yearly income. You may be eligible for the credit on your 2014 tax return if you are: o M...

3

Business Deductions

http://www.loopholelewy.com/loopholelewy/02-business-deductions/1-deduction-toc.htm

File your personal and small business taxes (Schedule C). Tax Deduction vs Tax Credit. What is a tax deduction? What is a tax credit. Tax deduction vs tax credit. List of General Business Credits. Meal and Entertainment Expenses. The Directly Related Test. Audit Proofing Your Meal and Entertainment Expenses. Deducting Entertainment Costs of a Spouse. Using Entertainment Facilities to Entertain Clients. Deducting the Cost of Tickets to Events. Deducting a Skybox Rental. Deducting Awards Given to Employees.

4

Checklist of Tax-Free Items

http://www.loopholelewy.com/loopholelewy/tax-free-items/check-list-of-tax-free-items.html

Checklist of Tax-Free Items for 2013. Some items are not included in income and some items are not even reported on your return. Here's a list of tax-free items. 529 plan withdrawals to pay qualified higher education costs. Accelerated death benefit under a life insurance policy. Adoption costs paid by employer up to $12,970. Awards to certain employees (usually up to $1,600). Black lung benefit payments. Capital gains and capital gain distributions for those in the 10% and 15% tax bracket. Foster Grandp...

5

Tax Education for Self-Employed Small Business Owners

http://www.loopholelewy.com/index.htm

Site Updated Each Tax Year. 5 Hidden Ways to Boost Your Tax Refund. The 10 Most Overlooked Tax Deductions. Red Flags That Trigger an IRS Audit. TurboTax Deluxe searches for more than 350 tax deductions and credits. TurboTax has the Affordable Care Act covered. 7 Requirements for the Child Tax Credit. When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. Meals and Incidental Expenses and Lodging by Month. Donald Trump's Economic Plan August 8, 2016 in Detroit. Reduce...

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