Archive for February 22nd, 2011
WYOMING CORPORATIONS, IN ADDITION TO A STRONG LAYER OF ANONYMITY AND INSULATION, THE “CORPORATE VEIL” OFFER STRONG IRS TAX MITIGATION. TAX MITIGATION IS NOT TAX EVASION; RATHER IT IS TAKING ADVANTAGE OF ALL APPLICABLE TAX CODES AND THEIR RELATED DEDUCTIONS AND EXPENSES. AN OLD ACCOUNTING SAYING, “TAX CODES ARE FOR THE INFORMED, THE UNINFORMED SIMPLY PAY”.
SAVE THAT “CLUNKER”
YOU CAN TOTALLY EXPENSE YOU BUSINESS CAR IF YOU HAVE A SECOND CAR, REGARDLESS OF ITS AGE AND CONDITION, AS LONG AS IT IS REGISTERED AND STATE LICENSED.
MANY WHO BUSINESS TRAVEL OUT OF THEIR AREA ARE ENCUMBERED WITH THE HASTLE OF RECORD KEEPING OF ALL TRAVEL EXPENSES. I.E. FOOD, LODGING, TRANSPORTATION ETC. ETC.
