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Tax Services Labelle FL

There are plenty of business tax savings in the system without resorting to illegal strategies that can come back to bite you. Stay away from tax evasion schemes. Here are a few legitimate strategies you can implement now.

Jackson Hewitt
(863) 612-1040
216 S Main Street
Labelle, FL

Data Provided by:
John P. Walsh (RFC®)
(561) 472-2000
Norht 11440 Jog Road
Palm Beach Gardens, FL
Company
Money Concepts International
Qualifications
Education: University of Detroit
Years of Experience: 45
Membership
IARFC
Services
Estate Planning, Business Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Education Plan, Healthcare Accounts, BuySell, Compensation Plans

Data Provided by:
Mr. Dale J. Buelow (RFC®), CFP, EA
(941) 625-6534
21942 Edgewater Drive
Port Charlotte, FL
Company
Buelow Financial Services, Inc.
Qualifications
Education: UNIVERSITY OF WISCONSINCOLLEGE OF FINANCIAL PLANNING
Years of Experience: 26
Membership
IARFC, FPA, SCSA
Services
Invoice, Estate Planning, Portfolio Management, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Charitable Foundations, Compensation Plans

Data Provided by:
Paul V. Sipala (RFC®), CHFC, CLU, CSA
(239) 418-0095
1342 Colonial Blvd., C17
Fort Myers, FL
Company
Florida Gulf Tax Advisors, LLC
Qualifications
Education: BA
Years of Experience: 25
Membership
IARFC
Services
Invoice, Estate Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, BuySell, Compensation Plans

Data Provided by:
Renee Martone-Cecil, CFP®
7317 Merchant Court, Suite B
Sarasota, FL
Company
Title: Certified Financial Planner practitioner
Company: Ameriprise Financial
Service
IRA, 401k, Roth IRA, QDRO Rollovers,Disability Insurance,Retirement Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Wealth Management,Annuities,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Income for Life/ Preserve Principal,Life Insurance,Long-Term Health Care Planning,Business Succession & Liquidation P

Data Provided by:
Kirk Barr Young (RFC®), CEP, CFP, CHFC, CLU, CSA
(407) 622-0018
400 West Morse Blvd. Suite 220
Winter Park, FL
Company
BARR Financial Services, LLC
Qualifications
Education: BS - FinanceMinor - Accounting
Years of Experience: 25
Membership
IARFC, MDRT, FPA, SFSP, NAIFA, NICEP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Seminars Work, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Charitable Planning, BuySell, Compensation Plans

Data Provided by:
Gerard Stellwagen
901 Venetia Bay Blvd
Venice, FL
Company
Title: President
Company: Wealth Advisors LLC
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Education
Pace University, BBA (Cum Laude) 1972
Baruch College MBA (Tax) Candidate 1976
Years Experience
Years Experience: 30
Service
Disability Insurance,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Retirement Income Distribution Planning,Business Income Tax Planning,Annuities,Alternative Asset Class Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Planning,Life Insurance,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement

Data Provided by:
Hugh A. Moore (RFC®), EA, MBA
(954) 382-8877
5722 S. Flamingo Rd., #375
Ft. Lauderdale, FL
Company
Interactive Financial Network, Inc.
Qualifications
Years of Experience: 15
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Family Offices, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Business Coach, Charitable Planning, Healthcare Accounts, BuySell, Compensation Plans

Data Provided by:
Richard A. Johnson (RFC®), CFP
(904) 262-0888
11363 San Jose Blvd Ste 100
Jacksonville, FL
Company
Rick Johnson Family Office LLC
Qualifications
Education: 88 hours completedUniversity of Arkansas-Little Rock
Years of Experience: 26
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mr. David H. Henderson (RFC®), CEP, CSA
(941) 586-9280
P.O. Box 21805
Sarasota, FL
Company
Senior Planning Resources, LLC
Qualifications
Years of Experience: 23
Membership
IARFC
Services
Invoice, Estate Planning, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Auto Home Insurance, Charitable Planning, Charitable Foundations, Asset Protection

Data Provided by:
Data Provided by:

Tax Saving Strategies

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It's Not What Your Business Makes That Counts — It's What You Get To Keep!
By Patrick Astre

There are two things in life you don’t want to watch closely as they’re made; the first is sausages, the second is tax laws. While death and taxes are inevitable, death doesn’t get worse every time Congress meets. The constant push-pull of special interests, partisan, and “pork barrel” politics left us with an income tax system that is convoluted and overly complex.

There are a great number of tax-saving opportunities available to business owners. Sad to say, many of these opportunities are not well known and often ignored even by tax planners, CPAs and attorneys. By not using them, you will have “volunteered” to pay more taxes.

Let’s get one thing out in the open at the get-go: Everything this article covers is legal, audit-tested, and rooted well within the IRC (Internal Revenue Code.) So let’s get started so you can keep more of that hard-earned money from your business.

There are plenty of business tax savings in the system without resorting to illegal strategies that can come back to bite you. Stay away from tax evasion schemes. Here are a few legitimate strategies you can implement now:

• Rent part of your home to your business. Many business owners use part of their homes for business, second office, storage, etc., and yet those expenses are not deducted. Determine the portion of your home that is used for business, and rent it to your corporation or LLC. Rent should be reasonable and average for your area. You must report the income on Schedule E of your personal tax return (1040), but you will apply a percentage of deductions against that income such as utilities, home insurance, maintenance, and depreciation, etc. that you cannot use otherwise.

• Don’t fear the home office deduction. If you operate as a sole proprietor, you cannot rent part of your home to yourself; however, you can use the home office deduction. A court ruling in the late ‘80s resulted in that deduction being outlawed and denied to many businesses. Legislation two years later overturned this ruling and restored the deduction. Home office deductions are legitimate and allowed by the IRC. As in all deductions, be sure to keep documentation to back it up.

• Don’t neglect business use of your automobile. Simply because you don’t use your car often in your business, it doesn’t mean you shouldn’t deduct the amount that you do use. Keep a log of your business mileage, reimburse yourself by using the IRS mileage rate, and deduct it on your business tax return. Do not include commute to and from your business, and make sure to document the business reason for auto usage.

• Make your spouse part owner (shareholder) of your Sub S Corporation. A recent tax court ruling held that any money paid sole shareholders of “S” corporations from the business must be taken as payroll. That’s because “S” distributions are not subject to payroll taxes, and the...

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