Tax Strategies for the Self-Employed

We have prepared these strategy reports to give you

the most information in the clearest and most direct language possible. 

You only pay for the information you need and

don't have to wade through an entire book

for the answer to your question.

These reports were authored by Henry Aiy'm Fellman

an attorney and tax preparer with over

23 years of assisting people like you reduce their Federal taxes.

You will be happy with these concepts and confident that they will legally

reduce your taxes so that you can

Keep What You Earn.

PLEASE NOTE:  With every Tax Saving Report that you order, we will send you for free "Year End Tax Saving Strategies" - a $9.95 value for FREE.

You will use these reports to keep what you earn.

We guarantee you will like these reports.

If you are not satisfied that you are saving

five times the cost of the report in tax savings then we will refund you money.

Tax Saving Report - FREE

With the purchase of any Tax Saving Report from KWYE, you will receive:

Year End Tax Saving Strategies

This Report is a $9.95 value that you will show you fantastic ways to plan your year.

Topics included in this Tax Saving Report:

 

Guarantee:

Remember, if you are not satisfied that material contained

in any report will save you at least 10 times the cost of the report,

KWYE will return your money.

The following is a listing of the tax saving reports from KWYE:

Tax Saving Report # 010

Getting the Most Mileage Out of the

Automobile Deduction

Of all the tax saving deductions available to business owners, the automobile deduction is the most under-utilized. Why is that? The two biggest reasons are that a lot of people don't realize just how much you can save in taxes with this deduction and the other reason being the misconception that the mileage record-keeping requirements imposed by the IRS are too cumbersome and time consuming. In this report you will learn why it pays to keep track of your miles, how to keep track simply and effortlessly, and how to get the most TSPM (tax savings per mile).

Topics in this Tax Saving Report:

  • What are business miles
  • Commuting Miles
  • The EZ Mileage Log
  • Choosing Between the Actual and Standard Methods
  • When it Pays to Use Two Cars for your Business
  • To Lease or To Buy?
  • Audit Proofing Techniques: Recording Mileage

This 10 page report is available for $3.95.

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Tax Saving Report # 020

Writing Off Meals, Entertainment, and Gifts

This tax saving report is presented in three parts. Part One covers converting meals into business deductions. In particular we will discuss writing off the cost of going out to eat and entertaining at home. In Part Two you will learn how to write-off forms of entertainment other than going to restaurants. And, in Part Three we will discuss the often overlooked business gift deduction.

Topics in this Tax Saving Report:

  • Writing Off Business Meals
  • Pay for Three and Get One Free
  • The Business Meal Requirements
  • The Practical Application of these Rules
  • Protecting Yourself
  • Home Entertainment
  • Meals at Work
  • Office Parties
  • Writing off Entertainment (other than meals)
  • Charity Events
  • Audit Proofing Techniques: Meals & Entertainment
  • Business Gifts
  • Audit Proofing Techniques: Business Gifts

This 11 page report is available for $3.95.

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Tax Saving Report # 030

Writing Off Business Trips and

Turning Vacations into Business Deductions

In this tax saving report you will learn how to maximize the deductions on your business travels and convert vacations into deductible business trips.

Topics covered in this Tax Saving Report include:

  • Introductory Quiz
  • Business Trip Criteria
  • What's Deductible on a Business Trip?
  • Determining How Much to Deduct
  • Primarily for Business
  • Traveling Within the United States
  • Foreign Travel
  • Conventions, Seminars, and Cruises
  • Cruise Ships
  • Per Diem Allowance
  • Turning Vacations into Business Deductions
  • Take Your Spouse Along (and the children too!)
  • Audit Proofing Techniques

This 12 page report is available for $3.95.

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Tax Saving Report # 040

If You're Entitled to the

Home-Office Deduction - Take It!

Of all the tax saving strategies available to business owners the one which taxpayers are most afraid to take is the Home-Office Deduction. The myth is that taking this deduction is like waving a red flag in front of the IRS and begging to be audited.

It is true there are considerations to take into account before taking the home office deduction; however, fear of being audited is generally not one of them.

Topics covered in this Tax Saving Report include:

  • How to qualify for the home-office deduction
  • Day cares
  • Inventory storage
  • How to calculate and maximize the tax savings gained by taking this deduction
  • Typical expenses included in the home-office deduction
  • Determining the business portion of your home
  • Calculate Your Tax Savings
  • The Selling Your Home Trap
  • Avoiding The Trap
  • Audit Proofing the Home Office Deduction

This 12 page report is available for $3.95.

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Tax Saving Report # 050

Deducting Equipment Used in Your Business

This Tax Saving Report discusses the deductibility of equipment, furniture and fixtures used in your business.

Topics in this Tax Saving Report include:

  • The General Rules
  • Equipment Used in Business
  • How to Deduct Equipment Used in Your Business
  • Depreciation
  • Section 179 Deduction
  • When to Choose Depreciation Instead of the Section 179 Deduction
  • Converting Non-business Equipment into Business Equipment
  • Trading-in Equipment
  • Audit Proofing Techniques

This 8 page report is available for $3.95.

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Tax Saving Report # 060

Converting Medical and Dental Expenses

into Business Deductions

In this tax saving report you will learn how to convert ALL medical and dental expenses into business deductions. That include  health insurance, any deductibles, and any paid medical and dental expense your insurance doesn't cover. Typically that would include the deductible, co-pay, eye glasses, treatment for pre-existing conditions, chiropractic care, acupuncture treatment, psychological therapy, and all dental work. The average tax savings for business owners utilizing this technique is $1,800 annually.

Topics in this Tax Saving Report include:

  • Background
  • Business Owner's Health Insurance
  • Converting Health Insurance into a Business Deduction
  • Converting ALL Other Medical & Dental Expenses into Business Deductions
  • The Tax Saving Technique for Un-Married Sole Proprietors
  • Comparing The Three Tax Saving Techniques to Write-off Medical Expenses
  • Calculate Your Tax Savings
  • Medical Savings Accounts
  • Disability Insurance
  • Audit Proofing Techniques

This 11 page report is available for $3.95.

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Tax Saving Report # 070

Tax Saving Income Shifting Techniques

You've probably seen promotions advertising seminars and publications to teach you how to write-off the cost of raising your children, including their college education and wedding. Well, you are about to learn how it's done and much more.

Topics in this Tax Saving Report include:

  • How Income Shifting Techniques Can Save You Money
  • Who to Shift the Income To
  • The Benefits of Income Shifting
  • Results of Income Shifting
  • The Income Shifting Techniques:
    • Hiring Family Members
    • Splitting Business Ownership
    • Leasing Equipment
    • Gifting Instead of Selling Gain Property
  • Background
  • Computing Income Taxes, Self-Employment Tax, and FICA Tax
  • Your Minimum Tax Deductions
  • Audit Proofing Techniques

This 26 page report is available for $3.95.

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Tax Saving Report # 080

Retirement Planning for the

Self-Employed

In this Tax Saving Report you will learn when it pays to put money in a tax advantaged retirement plan, what type of plans are available for self-employed business owners, which plan(s) are best for your situation, and how to maximize your tax saving benefits from contributing to a tax advantaged retirement plans.

Topics included in this Tax Saving Report include:

  • Benefits of Retirement Plans
  • Types of Retirement Plans
  • Traditional IRA
  • Roth IRA
  • SEP Plans
  • The SIMPLE Plan
  • Solo 401(k)    [also known as Mini-401(k) and Individual 401(k)]
  • Keogh
  • Company Qualified Plans
  • 401(k) Plans
  • MSA - Medical Savings Account
  • Chart: Retirement Plans Available for Different Types of Entities

This 18 page report is available for $3.95.

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Tax Saving Report # 090

Choosing the Form of Entity That's

Best for Your Business

TO INC OR NOT TO INC, THAT IS THE QUESTION!

(Let us help make this an easy answer)

Of all the tax saving strategies discussed in our Tax Saving Reports, choosing the form of entity that's best for you is certainly the most complex. There are many factors, tax related and non-tax related, that you need to take into account before making your decision. And it is well worth your while to familiarize yourself with the different factors so you can make a well-informed decision. In this Tax Saving Report we will discuss extensively the major factors that apply to most business owners. You will learn the pros and cons of a sole proprietorship, partnership, S Corporation, C Corporation and Limited Liability Company (LLC). You will learn what is meant by "limited liability", which forms of entities provide you with asset protection, when you need to choose an entity which protects your assets and when you don't. This report also contains a simple three step process to help you choose the form of entity that's best for you.

This Tax Savings Report includes the following topics:

  • Types of Entities
  • Sole Proprietorship
  • Partnerships
  • Corporations
  • C Corporations
  • S Corporations
  • Limited Liability Companies (LLC)
  • The Simple Way to Choosing the Form of Entity That's Best for You
  • Other Considerations
  • Typical Situations
  • Tax Planning Strategies
  • Choosing Entity Flow Chart

This 21 page report is available for $3.95.

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Tax Saving Report # 100

Hiring Workers as

Independent Contractors versus Employees

If you had your choice, would you pay a worker $140 for doing the same job, with the same quality, as another worker getting $100?

Topics included in this Tax Savings Report:

  • Benefits of Hiring Workers as Independent Contractors
  • Most Workers Come out Ahead as Independent Contractors
  • If the IRS Had it Their Way, We'd All Be Employees
  • Determining Factors
  • The 20 Factors
  • How To Make Sure a Worker is Classified as an Independent Contractor
  • Classification of Certain Workers
  • Statutory Non-Employees
  • Statutory Employees
  • The Safe Harbor
  • Form SS-8

This 10 page report is available for $3.95.

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