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Search Result For : Tax Strategies

Total Result: 3

How to Transfer a Business to Your Child: Age Requirements and Tax Strategies

While a child must be at least 18 years old to legally own a business outright, there are ways to prepare them for future ownership through trusts, custodial accounts, and strategic tax planning. By carefully considering the legal, financial, and tax impl...

The HRA (Health Reimbursement Arrangement) Strategy: Deducting Medical Expenses in 2024

Each of these strategies can be powerful tools for business owners to manage and reduce their taxable income through legitimate medical expense reimbursements. The choice of strategy depends on the business structure, the owner's tax bracket, and the leve...

How to Buy & Structure Your First Rental Property and Reduce Taxes

Unlock the secrets to successfully structuring your first rental property for maximum asset protection and tax efficiency! In this comprehensive guide, you'll learn about different types of investment properties, choosing the right legal entities, and nav...