Delinquent Tax Lives Matter - For anyone who wants to stay alive when dealing with the IRS.
With over 40 years and thousands of successful IRS cases I will update and remind you of what every taxpayer should know but doesn't.
Clifford Trusts – Temporary Trusts To Shift Taxable Income In the past, Clifford trusts represented a popular way of shifting income from parents to their children. The amount of income transferred was being taxable...
Family Limited Partnership Explained And How It May Apply To You. Despite the Tax Reform Act of 1986 enactment concerning the taxpayers’ investment income tax shelters, you may still find an alternative way of...
Another effective way of shifting income from a high-bracket taxpayer to a low bracket taxpayer is to transfer assets or property to your family members or dependents. Family Trusts Advantages The advantage of this...
Business Gifts Expenses – Details On How To Claim These As Deductions On Your Tax Return! If you offer gifts to persons that may become business clients or business associates, you can claim a...
Income Tax Filing Status And How To Know Which Status To Use! When filing, marital status has a major impact on your income taxes. Your filing status for your tax return is based on...
Tax Deferral – What You Need To Know From Joe Mastriano, CPA!Tax deferral gives you the opportunity to pay your taxes sometimes in future. If you choose to pay later, you may be taxed...
Tax Dependents – How To Know Who You Can Claim! In order to reduce your taxes, you may claim a personal exemption. You are entitled to claim one exemption for your spouse too.You can...
Accelerate Expenses – How To Plan And What You Need To Know From Joe Mastriano, CPA! You may reduce your tax liability, just accelerate expenses in a timely manner.In order to accelerate expenses, you...
If you are running your own business, you may deduct a part of the cost of your meals and entertainment. Entertainment Expenses – Are They Tax Deductible? Entertainment for business purposes may include in...
Houston Bankruptcy – Joe Mastriano, CPA Explains Why This May Not Be Your Best Decision! Before Filing for a Houston Bankruptcy… Many people seek out Houston CPA’s and Attorneys to resolve their IRS problems....
