LOOPHOLES OFTHE RICH How the Rich Legally Make More Money & Pay Less Tax phần 5 pdf

... $10,000 in tax credits, that means you will pay $10,000 less in tax. In contrast, if you have $10,000 in tax deductions and you’re at the highest tax rate, you will pay only $3 ,50 0 less in taxes. When ... Check in at www.taxloopholes.com/loopholesoftherich to register for free updates on tax law changes. DISCOVER YOUR HIDDEN TAX LOOPHOLES 143 ccc-kennedy_ch09_132-1 45...

Ngày tải lên: 10/08/2014, 07:21

... 10/22/04 11:41 AM Page 3 LOOPHOLES OF THE RICH How the Rich Legally Make More Money & Pay Less Tax REVISED EDITION DIANE K ENNEDY, CPA John Wiley & Sons, Inc. ffirs.qxd 10/ 25/ 04 10:06 AM Page ... about how they have made more money and reduced their taxes by taking advantage of the tax loopholes that the government wants you to use. The loo...

Ngày tải lên: 10/08/2014, 07:21

... That means you are turning money taxed at 15 percent into money taxed at 35 percent. Here’s how this works. If your 401(k) plan makes money, it will generally make money because of capital gains. ... out. The tax deferral aspect allows your plan to continually reinvest money while the plan grows without paying tax. If you’re 25 years old, deferring the tax on the...

Ngày tải lên: 10/08/2014, 07:21

... business owners, they would make the money, pay the business expenses, and then pay tax on what is left. The difference is that the business owner will pay much less tax. In the case of Ted and ... with his tax loopholes strategy. He used to say, “Why make more money? The government is just going to tax it.” But that all changed as he saw he could actuall...

Ngày tải lên: 10/08/2014, 07:21

... de- pends on the nature of the business services. If the business works for the money, the income is earned. If the business’s money earns the money, 94 LOOPHOLES OF THE RICH ccc-kennedy_ch07_81- 95. qxd ... 123 45 Time and Effort 123 45 Depend on Income 123 45 Reasonable Losses 123 45 Effort to Make Money 123 45 Experienced Advisors 123 45 Your Experience 1...

Ngày tải lên: 10/08/2014, 07:21

... through the use of real estate loopholes, they also pay half the tax they used to. More money and less tax that’s the beauty of the Jump Start! method. ccc-kennedy_ch10_146-166.qxd 10/22/04 12 :56 ... challenged, so they have their hands full. They both understand the issue of working hard for their money versus having their money work hard for them. By the time I...

Ngày tải lên: 10/08/2014, 07:21

... depre- ciation at ordinary income tax rates. You then pay the capital gains rate on the difference between the basis and the sale price (less costs). Or you can delay the tax through the use of a Section ... into another state as a “foreign” corporation. For example, say 2 05 ccc-kennedy_ch 15_ 2 05- 213.qxd 10/22/04 1:01 PM Page 2 05 3. The value of the structure is...

Ngày tải lên: 10/08/2014, 07:21

... put the business in a C corporation, pay the tax, and then take the money out in the form of a dividend. Your C corporation would pay tax of 15 percent on the $50 ,000 for a total of $7 ,50 0. The ... business. The key is to make sure you are in business to make money, not merely for the tax breaks. In tax law, the rule is never to have the tax tail wag...

Ngày tải lên: 10/08/2014, 07:21

... 258 Funds, Trusts, and Other Financial Vehicles 52 5100 Insurance & Employee Benefit Funds 52 5910 Open-End Investment Funds (Form 1120-RIC) 52 5920 Trusts, Estates, & Agency Accounts 52 5930 ... they planned to be rich, they figured they needed a C corporation as well. However, simply buying what the rich have won’t make you rich. The Process We first went through the...

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... stress 5 882 5. 412 3.333 3.966 4.811 0.402 10 232 4 .55 2 2.113 2.672 3.6 15 0.337 15 5.842 4.0 35 1 .54 1 2.0 05 2.972 0.300 20 5. 6 05 3.712 1. 153 1 .57 6 2 .58 2 0.276 25 5.4 65 3 .50 9 0. 852 1.276 ... 8.33 4.396 3.481 4. 256 5. 293 0. 451 10 7.222 3.3463 1.918 2 .57 2 3.670 0. 353 15 662 2.979 1.271 1.810 2.907 0.304 20 3 65 2.709 0.874 1.364 2.488 0.27...

Ngày tải lên: 08/08/2014, 11:21