tax strategies to save money

Tax Strategies You’re Not Using

If you have a business, look into these tax strategies to save money:

  • Home office deduction
  • Travel expenses
  • Meals
  • Hiring children and grandparents
  • Maximizing depreciation (Sec 179, Bonus depreciation, Bifurcation, or Cost Segregation)
  • Health care strategies
  • Fringe benefits
  • Accountable plans
  • Medical reimbursement plans
  • Legal entity considerations
  • Augusta loophole

That’s just a short list because there are hundreds more.
If you want to delve deeper and make sure you maximize your tax savings, it might be more profitable to have a professional tax planner like me go ahead and do your tax plan for you.

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