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Tax Return Filings Nonresident Aliens NRAs Finance Fullerton  Form

Tax Return Filings Nonresident Aliens NRAs Finance Fullerton Form

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employed entrepreneurs you have 3 months between now and the end of the year and I'm going to give you three things that you can do with your money to reduce your tax bill number one pay yourself if you live in a primary residents you can leverage the August rule which allows you to rent your home to your business I have an S corporation I use my home for 14 days out of the Year doing certain events running certain conferences you name it and I'm renting my home to my business for 14 days number two I'm leveraging the short-term rental rule for many taxpayers that are unaware if you get a short-term rental between now and the end of the year that you can manage yourself for 100 hours and make sure that your tenants are saying 7 days or less you can create a paper loss on the tax returns with the cost segregation study and number three if you're self employed be sure to look into the cash balance plan or the defined benefit plan you can store way more mon

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