Taxes Information

Tax Tips - Which Tax Form Is Right For Me?


IRS Tax forms can be confusing.

Am I a 1099 or a W-2.
Do I need an 8832 or a W-7.
What the difference between an "S" corp and schedule "C" income?

Tax Secrets of the Rich Found Here

Our program is designed to teach you to build lasting wealth. In order to do so, we've got to start with a fundamental principle.

Stop focusing on IRS Tax forms and start focusing on generating income.

Asset Protection

I don't mean to be rude, but some people are so hung up on which form to use, they never really get out of the starting gates. So here's my suggestion - get your business making money first and then worry about the IRS forms.

As you build your asset column bigger and stronger, you got to start surrounding yourself with competent advisors. I call this your wealth team. You need a great attorney (or two). You need a financial planner and probably an estate planner. And you need a knowledgeable C.P.A. that is familiar with the tax saving strategies we teach.

The truth is, you should never worry about which IRS forms to use. That's your accountant or C.P.A.'s job. Your job is to make lots of money and then structure yourself so that lawsuits and taxes can't take it away from you.

Tax Strategies

So, keep your eye on the ball. Stay focused on the right things and let your C.P.A. figure out which IRS forms to use.

All the Best, -Drew Miles

Drew has combined what he learned during formal education, informal education and twenty five years of business experience in the development of programs designed to teach people how to build and preserve lasting wealth. He is an author, teacher and international speaker in the areas of asset protection, and tax saving and wealth building strategies.


MORE RESOURCES:

Seattle Post Intelligencer

Tax Cuts, Real and Imaginary
The Weekly Standard - 2 hours ago
by Newt Gingrich & Peter Ferrara Thirty years of Republican tax policy have now completely eliminated federal income taxes on the poor and lower ...
Media uncritically repeat McCain claim that Obama "will raise" taxes Media Matters for America
Assessing Palin's Big Speech Newsweek
Palin rises to her place in history with speech Detroit Free Press
The Associated Press - Media Matters for America
all 328 news articles


Washington Post

Palin Boosted Oil-Company Taxes While Alaska Had Budget Surplus
Bloomberg - 2 hours ago
6 (Bloomberg) -- Alaska Governor Sarah Palin, who has joined the Republican national ticket as a tax-cutter, was a driving force in raising a tax on oil ...
Speech crediting Palin with cutting Alaska taxes questioned Fairbanks Daily News-Miner
Palin and Obama Have Pushed Similar Plans to Raise Oil Taxes CQPolitics.com
Another Election Cycle, Another Round of Tax Lies Personla Finance Weblog
Seeking Alpha - Pittsburgh Tribune-Review
all 199 news articles


Jackson County Floridan

Property tax cut may wait despite public anger
Tampabay.com, FL - 3 hours ago
By Alex Leary, Times Staff Writer TALLAHASSEE — Providing property tax cuts to an outraged public is much like the job of Sisyphus of Greek mythology, ...
Ball has fought to lower tax burden Lower Hudson Journal news
Tampa Bay Weather WMNF
Florida Legislature to re-examine property tax relief again Sun-Sentinel.com
Florida Times-Union - Tallahassee Democrat
all 204 news articles


Wall Street Journal

The Candidates On Taxes
Forbes, NY - Sep 4, 2008
McCain would cut overall income taxes for the top 1% of American earners, according to recent data from the Tax Policy Center (TPC), a nonpartisan joint ...
McCain Sets Battle Plan For Reaching Across Aisle Wall Street Journal
Obama, McCain tax plans: more similar than you think OhMyGov!
Obama Claims 'Nobody Disputes' Disputed Tax Cut Claim ABC News
TheStreet.com - Edmond Sun
all 49 news articles


Bin taxes 'could lead to health risk from burning rubbish'
Telegraph.co.uk, United Kingdom - 10 minutes ago
Bin taxes will tempt struggling families to burn their rubbish to avoid charges, endangering public health in the process, a government report has warned. ...


Washington Post

The Chairman of the House Ways and Means Committee ‘flubbed' his taxes
American Thinker, WA - 15 hours ago
Ironically, the House Ways and Means Committee is in charge of writing the federal tax code. He has sat on the Committee since 1975. ...
Rangel Failed to Report $75000 of Income, NY Times Reports Bloomberg
NY Congressman Rangel failed to report income Newsday
Rangel Failed to Report $75000 in Income New York Times
United Press International - Washington Post
all 250 news articles


No more taxes for roads, freeways
Arizona Republic, AZ - 2 hours ago
Why would I want to pay additional sales tax to build roads or freeways when I am already paying taxes on the gas I buy for my car, plus the yearly license ...


The Associated Press

Biden says Obama would cut taxes for nearly all
The Associated Press - 3 hours ago
Speaking Friday at a union hall in Philadelphia, Biden says that presidential candidate Barack Obama's economic plan would cut taxes for all but the ...


Indonesia agrees to cut taxes
Financial Times, UK - 6 hours ago
By John Aglionby Indonesia's parliament has passed a long-awaited law cutting corporate and personal income tax rates to stimulate growth. ...


Neptune property taxes on way up; Atlantic's holds
Florida Times-Union, FL - 1 hour ago
By DREW DIXON, Shorelines While Neptune Beach is proposing to raise property tax rates to compensate for lower state revenues, Atlantic Beach intends to ...

Taxes - Google News

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