Government Report Shames Businesses Paying More than 14% in Taxes. Hard to believe that Senator Bernie Sanders (who paid tax at 13%) released the report. It reports that business that plan their taxes are taxed at 14%. Here’s what’s going on.
Amazing tax savings for importers of contracted manufacturer of their products. This new IRS law gives tax savings to small businesses. Learn more on this link and send it to your CPA.
For additional small business tax savings get my book International Taxation in America for the Entrepreneur on sale for $9.50 on this link.
Small businesses are now reaping big tax savings. Importers, exporters, and e-commerce business can use the same loopholes as big business. I wrote my book to teach you these tried and true strategies in an easy two-hour read.
But, I did more. I had an audiobook created. It downloads onto your smartphone so that you can listen while you are commuting. Get the 2016 edition of International Taxation in America for the Entrepreneur for $9.50 at Amazon on this link.
International Gift Tax Plans with this IRS internal letter on this link. Fantastic legal tax avoidance for the foreign person with family in the U.S. is explained in this letter.
- Avoiding state income taxes this new IRS designer Nevada trust. IRS tells how to use your Nevada corporation as your trustee to legally stop paying state taxes on your investment income. Here’s what’s happening, on this link.
New- Saving international taxes with this letter from the U.S. Department of the Treasury letter to the U.K. tax authorities on tax planning in the U.S. for UK and EU companies.
18th Century Supreme Court case destroys IRS tax penalty law. Using this case, the Tax Court gave the IRS a big defeat. Here is what happen. The Supreme Court is the “Law of the Land.” It rules over the IRS and Congress.
It works both ways. The blog on this link explains the most missed Supreme Court Doctrine use by the IRS to blow up this offshore plan.
The secret report on tax savings international tax plans that the IRS cannot stop was issued by the U.S. Department of the Treasury (a branch of the White House).
They reported the successful foreign tax plans of international businesses. We have obtained a copy. It is on this link. Here you will learn the legitimate foreign tax plans that Congress likes.
Since the Middle Ages, the wealthy have capitalized on trusts to avoid paying taxes. During the Great Crusades, upon the death of a knight, his entire estate went to the king. Nine hundred years later, things have not changed much except the ‘King” takes only half.
Trust are the most efficient tax tool. International tax planning should start with a Nevada trust to own the foreign company. Learn trust tax planning and asset protection on this easy to read blog post. It has the blueprint for successful trust tax planning. IRS memo on asset protection and tax planning with an offshore trust. Get it now on this blog post.
Cloud tax planning. Learn how businesses are using the cloud to save taxes on this link. E-commerce companies are avoiding state income taxes and in some cases deferring U.S. taxes.
Be an IRS tax wizard with our new custom Google search, below. This custom Google app to read 400,000 pages deep inside the IRS’s website and the tax court’s website.