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  1. #1
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    June 13th, 2015
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    Tax Saving tips for top income bracket
    Hey guys, my online income is already over 130k for 2015. Want to start to plan ways to reduce tax (reduce LEGALLY) and get the most out of what I am paying to the government.

    My marketing company is a registered sole proprietorship.

    If anyone has any advice or tips i would love to know

  2. #2
    Super Dawg Member Phil Kaufman aka AffiliateHound's Avatar
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    January 22nd, 2007
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    West Covina, CA
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    Prepay expenses.
    Since June 10, 2012 a vegan aarf but still writing the Hound Dawg Sports Blog
    "If you don't have time to do it right, when will you have time to do it over?" -John Wooden;
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  3. #3
    Beachy Bill's Avatar
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    November 20th, 2005
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    Is that net or gross? I have found that paying (investing in?) a quality CPA firm has helped me through the years.
    Bill / Marketing Blog @ 12PM - Current project: Resurrecting my "baby" at South Baltimore..
    Cute Personal Checks and Business Checks
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  4. #4
    Newbie
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    June 13th, 2015
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    Quote Originally Posted by Bill View Post
    Is that net or gross? I have found that paying (investing in?) a quality CPA firm has helped me through the years.
    Hey that is Net Income right now

    So i am going to be looking at a tun of taxes at the end of the year.

    Want to try and get taxes down as much as possible.

  5. #5
    ABW Ambassador
    Join Date
    October 22nd, 2006
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    1,065
    Though I don't have any tax advice for you, thought I would complement you on your success. It's great that you are making what you are now. I am sure it didn't come without a lot of trial and error and hard work.

    Though not many around here do CPA, it's still great to hear about success stories.

  6. #6
    Newbie
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    August 7th, 2015
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    1
    So In This Case I Have Give A Tax In One By One So I Have Always Top In A Income Bracket.

  7. #7
    Newbie
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    September 2nd, 2015
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    14
    Home loan is the best practice for escaping tax on income.

  8. #8
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    September 4th, 2015
    Location
    India
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    I agree with bindu7. Home Loan is the best idea.

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