Thursday, January 31, 2019

How to Get Big Tax Breaks | Legally Mine


If you want to truly reach financial success, you must reduce the heavy burden of taxes.

With proper entity structuring and smart tax strategies, you will be shocked at the tax breaks that are open to you. The proper use of legal entities for tax purposes is very important because they allow you to take advantage of different laws that will serve you best. These laws can be used to take huge deductions...deductions that are life-changing.  
The Big Tax Breaks You Want
When most people think of tax breaks, the following federal tax credits are first to come to mind:

  • Earned Income Tax Credit
  • American Opportunity Tax Credit
  • Lifetime Learning Credit
  • Child and Dependent Care Credit
  • Savers Tax Credit

Also, small business owners know well the small business tax deductions they can take:

  • Business Insurance
  • Business Interest and Bank Fees
  • Charitable Contributions
  • Education
  • Home Office
  • ...And many more

However, the surprise really comes when you find out that you may qualify for some of the many tax breaks that are afforded to the largest corporations in America. Yes, there is a whole other set of tax breaks that can be taken legally in order to ease your often-high tax burden. These “tax expenditures” are designed to legitimize special interest tax breaks and loopholes. You better believe the corporate giants take full advantage of the tax code that was written especially for them!

Just ask General Electric, the nation’s largest corporation. They are notorious for claiming tax benefits, at times going years without paying any taxes at all. In fact, GE paid less in federal income taxes in five years than a single American family pays in one year. They certainly have earned billions of dollars in tax benefits, though! Dozens of other Fortune 500 firms enjoy the same benefits.

The good news is that you can receive some of the same tax benefits as the big boys!
How Legally Mine Experts Can Help
While CPAs and tax preparers often act more like IRS compliance officers and tax return filers than tax reduction specialists, Legally Mine goes the extra mile to make sure you get to take full advantage of the tax code while remaining 100% compliant to it.

Most tax preparers have no idea that legal entity laws exist because they were created for the super wealthy and the IRS does not widely publicize them. This puts a heavy burden on you to find out what they are and how to implement them.

Luckily, Legally Mine knows the ins and outs of these tax laws and how to put them to work for your benefit.
Legally Mine Reviews
Legally Mine was founded over 40 years ago and currently boasts a team of attorneys and financial experts who help thousands of customers meet their tax reduction needs. We have been able to implement tax-saving strategies that save people, on average, $7,000 per year in taxes.

Here are just a few reviews left by our happy clients:

“In a day and age when customer service is lacking in most businesses, Legally Mine has been outstanding. They have either been able to talk me through my questions or get someone else in the legal team to quickly return my call and answer my questions. Phenomenal customer service.” -Madisonville Vet

“The staff at Legally Mine were very professional. They went over every document and answered every question that we had. They made all of the legal processes very quick and painless.” -Natanya Nielsen

“Great and helpful guidance. Patient with my questions and very informative.” -Justin Rader DDS

See for yourself
how Legally Mine can help you get big tax breaks!

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