New Book: America’s Best Tax Strategies: Legitimate Ways to Save Income Taxes Now

July 01, 2005 (PRLEAP.COM) Business News
Everyone wants to reduce their income taxes. Now, there is a way. Moore Kirkland & Beauston, CPAs, is pleased to announce the publication of America’s Best Tax Strategies: Legitimate Ways to Save Income Taxes Now. This book explains, in layman terms, how anyone can reduce their income taxes.

Included in the 160 pages are strategies involving real estate, such as home ownership, business use of the home, vacation homes, rental real estate, segregating costs, the family farm, timber, conservation easements, like-kind exchanges (section 1031), and housing credits.

America’s Best Tax Strategies also covers the power of tax-free compounding, bonds, tax deferred annuities, the Roth IRA, investing in education, the owners only 401(k), private pensions, and 412 (i) plans.

Also explained are tax strategies for business operations like the U.S. Virgin Islands Economic Development credits, frequent flyer miles, business autos, employing family, leveraging equity, benefiting from state apportionment, the double taxation dilemma and unreasonable compensation, and asset protection. Donating an appreciated asset and charitable remainder trusts are also included. Strategies for the sale of appreciated assets, including selling assets through a VUL and private annuities, are described, too.

Copies of America’s Best Tax Strategies are now available through on-line bookstores.