Tax Cut for Prepaid Expenses Pays Better Than Seen at First Glance
Prepaying selected expenses authorized by the tax law gets a bad rap.
Many business owners know that they can do this, but they pooh-pooh the results as not being worth the effort. That’s often due to faulty understanding.
Let’s start with the big picture. Say we hand you $30,000 next April 15 and tell you that you can pay it back anytime without interest. Would you take us up on the deal?
Say you invest this $30,000. Say you invest it at the following rates of return (after taxes) and for the following time periods:
Rate ... Log in to view full article.
Log in to view full article
You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
with a money-back guarantee