Let’s check your Tax Score.
Just answer Yes or No.
1. Are you getting 20% of your profit (small business or real estate) tax free using 199A?
We took a Tax Summit attendee who got nothing from 199A in 2020 (accountant said he didn’t qualify) and got him over $700,000 in additional income in 2021 using 199A.
He could have gotten it in 2020, but the accountant didn’t understand. No, he can’t go back and amend his 2020 return, because you have to structure your tax year properly before you file the taxes.
2. Are you taking Bonus Depreciation on your real estate investments?
If you don’t know what it is, it’s for sure your accountant isn’t taking it for you.
3. Do you know how to use 280 (A)(g)?
If you’ve got a house and a small business, we can get you extra money in a slam dunk.
If you’ve answered NO on any of these three strategies, register now for the Tax Summit. You’ll make money!
(use code: SUBSCRIBER)
4. Did you know the IRS budget is going from $11.8 billion in 2020 to over $80 billion in 2023?
The Biden Administration wants to increase the audits by 100X. Ben Rucker, former IRS audit trainer, will show you how to cut your audit chances by 91%. Your accountant has no clue.
There are two ways to take the “passive” deductions you get from your rental real estate investments and make all the depreciation and other deductions non passive, so you can “offset” your W-2 and other “non-passive” income – possibly not even pay any taxes.
5. Do you know what those two ways are?
6. Do you know how to tax an LLC so it gives you better asset protection? (Trick Question Bonus)
Ben, enrolled agent and former IRS special auditor/agent, and I, a Federal Tax Court Attorney, are giving you a 4 – 5 hour tax tutorial in our Tax Summit.
If you answered No to two or more of the questions above, you don’t really have any excuse not to attend the Tax Summit.
Besides making money when you attend, you’ll have a lot of fun.
Taxes can be fun!!! Well, at least the Tax Summit can be fun.
See you there!
