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Tax Strategy for the New Year

By
Real Estate Broker/Owner with ERA Simmons Real Estate 18157

I just attended a Tax Strategy seminar with Sandy Botkin, CPA, Esq., sponsored by the Tax Reduction Institute.  What a great seminar!  Lots of good ideas on how we can use the deductions the IRS allows to save money on our taxes.  This seminar was not cheap but the strategies presented will save more than enough money to pay for the seminar.  If you ever have a chance to attend one of Mr. Botkins seminars I urge you to go.

There is no reason for any one in business to eat a meal by themselves and not claim it as a business deduction.  He showed us how to make most if not all our travel business deductions.  Our automobile is also a great means of tax deductions on our returns.  Just a lot of great ideas.  Go to there web site and find out when and where the next seminar is located and GO!  http://www.taxreductioninstitute.com

 

Comments (2)

Sarah Rummage
Benchmark Realty LLC, Nashville TN 615.516.5233 - Nashville, TN
Love Being Realtor® in the Nashville TN Area!

Keep those receipts!  Be a pack rat!!

Sarah in Nashville

Oct 30, 2009 05:54 AM
Lebron Little
ERA Simmons Real Estate - Alamogordo, NM
GRI, ABR, e-PRO

That was one of his requirements, Sarah.  He told us that you did not have to have a receipt for any business meal under $75 as long as you posted it in your daily planner or diary within 24 hours.

Oct 30, 2009 10:19 AM