Kindle Free Days; Tax Loopholes Tax-Free Living & Retirement

Download for free the new book:  Tax Loopholes, Tax-Free Living & Retirement in the Kindle Store on Amazon.com.  Free Days:  July 10th to July 14, 2013.

Tax Evasion is illegal. Tax Avoidance is NOT. This book explains in detail what hundreds of thousands of Americans have done, legally, for decades. This book will show you how U.S. taxpayers, combine the Earned Income Exclusion and Offshore Corporation(s), with the IRS’s blessings, to legally lower or eliminate, their U.S. tax liabilities. The book uses easy to understand language and explains the details and the overall picture which allows U.S. taxpayers to use the IRS Form 2555 to legally eliminate their income taxes. The IRS, of course, has the final say on all Form 2555 elections. This book will explain the tax law and the hurdle(s) one must jump to live a tax-free life,in easy, every day language.

Some would say this isn’t honest or fair. You may be correct. However, let’s explore how it’s done before we join millions of citizens in protest over these tax laws.

Believe it or not, there is such a thing as a tax-free retirement, and more and more Americans are taking advantage of these tax loopholes each year. It’s called the Foreign Earned Income Exclusion, FEIE for short. At the time of publishing the maximum exclusion is $97,600 for 2013 for each taxpayer. The amount of the exclusion increases each year based on inflation. (Exclusion means that you pay zero taxes on that amount)

So what is this retirement tax loophole that nobody’s talking about?

The United States taxes all taxpayers on their worldwide income. This is a fact, this is the law. However, taxpayers who live and work OUTSIDE of the United States can possibly qualify for the Foreign Earned Income Exclusion. Before you close your mind to living and or working offshore, take a look at the facts and understand why so many Americans are making the necessary adjustment, to take advantage of this opportunity.

Regardless if you move offshore or stay in the United States, you can use this book to lower your taxes each year and live a tax-free life or a tax-free retirement. Is it ethical? You be the judge.

First you should realize that Form 2555 Election has been going on for years. It wasn’t until millions of Americans experienced a loss in their retirement funds, due to the recent down-turn in the economy, that the FEIE became so important and popular.

Millions of baby-boomers are now at retirement age. For many Americans, their retirement nest-egg, disseminated right before their eyes..............find book here

How to Legally Start a New Business for $49, Plus State Filing Fees, Determining the Business Structure

Before you take another step, one of the first things you have to do is decide on what business structure you want for your new business. The FREE Business Structure Wizard at CorpNet can help you decide based on your business goals and the tax benefits you want to take advantage of.

Determining the Business Structure


More importantly than tax benefits, depending on what type of business you are starting, you want to protect yourself and your family from liability. Using the Business Structure Wizard will help you make that decision, which includes legal factors, tax benefits, reporting and business structure.

Sole Proprietorship is usually the cheapest when it comes to paying to have your business taxes completed.  Sole Proprietorship includes your business income and expenses right on to your Form 1040 using a Schedule C.

You can use the FREE Business Structure Wizard to determine the best business structure.

The Business Structure Wizard guides users through a series of basic questions on their business, industry, finances, and long-term plans. The entire wizard should take approximately 5 minutes or less to complete and provides a recommended company structure based on the user's responses.

The wizard includes the following recommended business structures based on the user's responses: LLC (Limited Liability Company), C Corporation, S Corporation, Sole Proprietorship, Partnership, LLP (Limited Liability Partnership), and Non Profit Corporation. Help text provides additional details and explains the significance of each question. In addition, you can find helpful resources on each business structure, and if you'd like CorpNet.com can file and form the recommended business structure for you.

This is not something you want to take lightly. The business structure you select can affect your business in so many ways and is the determining factor in how you will report your business income and expenses to the IRS for the life of the business.  Use the FREE Business Structure Wizard  to determine the best business structure for your business.

 



Tax Havens, Tax Free, No Taxes Legally - Retirement

To lower your taxes legally during Retirement, you have the option of moving to a no-tax foreign country.  And this is how many Americans make their retirement dollars go a whole lot further.

There are states which do NOT impose state taxes, South Dakota and Texas to name a couple.  However, you can save even more when you move to a no-tax foreign country.

You will need to speak to your Tax Attorney or Enrolled Agent to learn about the details

To learn more about which countries American, Canadians, and individuals from the UK are moving to, you can visit Forgot to Save for Retirement and visit, for sure,

How to Retire On Less Than $740 a Month - Yes, Americans are living well, offshore, for less than $740 per month. 

Note:  I'll give you a hint, ..Malta is a tax haven...Andorra qualifies... So does Belize...and, in some ways, Uruguay and the Dominican Republic. However, the world's most user-friendly tax haven? That would be Panama, and my personal  favorite, the Bahamas.  Now, these are what you call real tax havens.  Not for your business, but for yourself. 

Tax Loophole? An Asset the IRS Does Not Ask About

This is the latest tax loophole people are talking about.  And this article from one of our affiliates is true and correct, at least for now (06/2012)  There are certain assets the IRS does not talk about very often.  And successful investors, who have made big in this market talk even less.

We ran across this information, because, of our Forgot To Save for Retirement website, which talks about retirement options for people who have limited monthly retirement income.  Click here for information and help with making offshore decisions.

An asset the IRS doesn't want to know about

Surprise: Real Estate is an asset that you do not have to report to the IRS…

You know that, as an American, wherever in the world you go, Uncle Sam requires you to report on your worldwide income and assets. But there is an investment that the government doesn't require you to report on. No questions asked. They're simply not interested. What is it?

Foreign real estate.

Yes, you can own a second home (whether for investment or personal use) in a foreign country and you are not obliged to inform the U.S. tax authorities.

And, while new laws may make it easier for the government to get at your bank account overseas, it's a heck of a lot harder for someone (assuming they can track it down in the first place) to physically remove your foreign property.

The beauty of this is that you don't have to be super-rich to take up the idea of buying real estate overseas to protect your wealth. Opportunities to buy land, houses, and apartments, for both investment and personal use, exist at all price levels.

Learn more about offshore retirement options.