Featured post

Provocative International Tax News

offshore tax planning, offshore tax strategies, controlled foreign corporation,

Tax Planning Small Business Are Taxed at 14%

Government Report Shames Businesses Paying More than 14% in Taxes.    Hard to believe that Senator Bernie Sanders’  (who paid tax at 14%) released the report.  It should that business that plan are taxed at 14%.   Here’s what’s going on.

International tax planning for the Contract Manufactuere

International tax planning for the Contract Manufacturer

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.

International tax planning

Small business 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.  .

saving taxes, how to save taxes, tax planning,

Saving taxes with an IRS approved tax plan is called a private letter ruling.

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 happeningon 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.

Tax planning, with the Supreme Court common tax laws

Tax planning with Supreme Court common tax laws

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.

international tax planning, international, tax, planning,

International tax planning and international tax savings with this Treasury Department report. 

The hidden 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 obtain a copy.  It is on this link.   Here you will learn the legitimate foreign tax plans that Congress likes. 

offshore trust, foreign trust, nevada trust, estate planning trust, esbt,      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 change much except the ‘king” takes only half.

Trust are the most effective 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  assets protection and tax planning with an offshore trust.  Get it now on this blog post.

internet tax planning, saving taxes, cloud tax planning ,

Saving taxes with the cloud based

Cloud tax planning: Learn how businesses are using the cloud to save taxes on this link.  E-commerce businesses 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 .  I personally programmed this custom Google app to read 400,000 pages deep inside the IRS’s web site and the tax court’s web site.

Selling a Small Business Tax Planning and Saving Taxes with the Open Transaction Doctrine

tax planning, avoid taxes, small tax business,

President John Kennedy (Democrat) is the most respected president of last century. The President and Supreme Court Justice Hand agreed that patriotism does not mean paying more than your legal share.
Supreme Court Justice Holmes said tax planning means you get as close to that legal line as possible

The money you get from selling short on a stock is not taxed.  Yep…  no tax, at all.  A short sale is an open transaction.  When you “close” the transaction by purchasing the stock sold short, you report the gain or loss.   

A sale of a business is an open transaction if the total sales price is not known.  This is called a “contingent” sale price.   

For example, I have a client that creates eCommerce businesses.  He gets the website establish, does a fantastic job optimizing the site on Google and Amazon.   Once the business is making money, my client sells it.  The sales price is dependent in the businesses gross income for the next five years.  
Continue reading

Small Business Best Tax Plan

tax planning, avoid taxes, small tax business,

President John Kennedy (Democrat) is the most respected president of last century. The President and Supreme Court Justice Hand agreed that patriotism does not mean paying more than your legal share.
Supreme Court Justice Holmes said tax planning means you get as close to that legal line as possible

The best Democrat President was John F Kennedy.  He was liberal to the core.  Jobs for the middle class and the working class was his economic mission.  
Yet, he lowered taxes and encouraged business to legitimately avoid taxes.

I want to encourage each of you to do the same.   Creating jobs is  a fantastic humanitarian act.  But, you have to work hard to avoid taxes.  

Great tax planning looks at each aspect of your business    Each part of your business may have different tax laws.

By the way, a recent Congressional study showed that business that plan their taxes have an average tax rate of 14%.  If your are paying than 14%,  then you are paying more than your fair share. The good news is that you have new opportunities to have more money. Here is what you can do.
Continue reading

How the Rich Pay Lower Taxes and How Can You Do It?

mitt Romney IRA,

Big tax savings require a long term tax strategy. As long as you keep thinking  “year end” tax planning, you will always      pay more  than your fair share of taxes.

The Wealthy are not like us.  They are willing to spend money to make money.  They are willing to pay their tax team a $1 to save $10 in taxes.

This Wealthy (called the “one percent”) create most of the jobs in the U.S. They  pay  half of all income taxes.  But, at the same time, they usually in a lower tax rate than the rest of us. 

The Wealthy use  long term tax strategies.  These strategies tweak their business structure.     Different part of a business have different tax   laws.  For example, if you have a sales force, they should be in different corporation than you business. Continue reading

U.K.’s VAT sends Space Ship I & II to Golden State & then into Space

Avoiding value added tax in the United States.

Virgin Air Spaceship is in value added tax haven U.S.

Virgin  Galactic’s SpaceShip II has joined SpaceShip I in California.  It is ready to launch in the USA.  Why here and not in lovely England?

The  VAT  (value added tax) is a good reason not to be in the UK or anywhere in Europe. The VAT destroys business like no other tax.  It seizes the working capital required for growth.  The USA is a value added tax haven and the Europeans love it!

Continue reading