Talk about killing two birds with one stone: the 529 college savings plan, operating very much like a retirement plan, not only saves up some on the expense for college later on life, but cuts down on your taxes over time. A nice little tax shelter benefiting you in the long run and ensuring your kids get the quality college education they deserve.

But How Does the 529 College Savings Plan Work?

Also known as qualified tuition programs (QTPs), the way contributions work for these types of plans is that it allows you to defer your taxes. All your contributions to these ‘accounts’, if you wish to call them that, are tax-free. It, therefore, means that when it comes time for your budding college student to leave the family nest and venture out into the unknown, you can pull the funds out and not pay any federal tax for the tuition costs, room, and board. Even better is the benefit that you most likely won’t even have to worry about any state tax if the beneficiary, your child going to college, sticks with a university that’s in the same state. Like we said: killing two birds with one stone, education and finances.

This ultimately saves you on the taxes, as a veritable tax shelter, cutting down with these beneficial credits. Plans do vary, so sign up with the Income Tax Planning Network right away and then consult your ITPN specialist to see what your options are. You may have a variety of lifetime contribution limits, some ranging around $200K, so crunch your numbers and see what you’ve got.

Because the Future of Your Child’s Education Ultimately Revolves Around Your Future Finances

Click here for more information about other tax shelters you can take advantage of, plus some information about tax advice when divorcing, or other business tax write-offs you need to know about. Remember: information is power. Planning is power. And here’s where you get a bunch of it.

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ShareFollow UsWe’ll be honest here…. No one needs any identity theft protection for this. We’ll never forget our heritage. Our American dream. We’ll always have that for ourselves. And there’s not one single criminal out there who can ever steal that from us…. Remember 911DAY. #NeverForget. ShareFollow Us

The post 911DAY: an American Identity That Will Never Be Lost appeared first on Ultimate Identity Protection Services.

The post 911DAY: an American Identity That Will Never Be Lost appeared first on INTERNET LEGAL PLANS.

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Even When #Credit Goes Down, Our #Hope  Continues to Go Up!

Yes, it's really easy to fall off the bandwagon and get way in over your head when it comes to credit and #finances. We don't deny that…. BUT THAT IS WHY WE DO WHAT WE DO.

In the midst of all the turmoil we're seeing (#Paris, #Beirut, etc. etc.), one thing's for sure: we can't be distracted. We have to do our jobs. And we're going to do our jobs in repairing your credit, ensuring you'll always get approval for loans — car loans, credit lines, and even a mortgage — without running into brick walls.

Brick walls, be gone.

The post Even When #Credit Goes Down, Our #Hope  Continues to Go Up! Yes, it’s really easy to fall off th… appeared first on Cloud Based Bookkeeping.

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Crazy #Presidential #Pardons: the Draft Dodgers

We at #ILP  love the #law — and it's obvious that the likes of President #Carter  was fairly liberal with it in a huge way. How? Ever heard of the "presidential pardon"? Carter did. The man issued well over 500 pardons in just one single term!

But the most controversial pardon he ever issued was to those "draft dodgers" back in the day who tried avoiding the inevitable Vietnam War draft. Of course, when you look back on the Vietnam War, you'd be at least a little forgiving of their decision!

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#Tax Penalties: Something We at #ITPN  Like to Avoid

Just so you know, we understand: you might think there won't be any tax refund in your immediate future despite having some income your way (maybe you're self-employed with no deductions or credits?). So you're hesitant to even file for a tax return for that exact reason. You may even rightfully think you won't be able to pay that tax bill!

We urge you to consider this: the tax penalties for not filing are much worse. Here's why: let's say you end up with a balance that you have to pay. Know that the IRS will work with you if you work with US. Penalties, though? Once you're hit, you're hit. And there's no getting out of it.

Always file your tax return. Because when you do, you've locked our services in for good, making sure your taxes are paid up through collaboration, installments, payments, communication (if they need to be). So sign up today with the Income Tax Planning Network!

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Camouflage: the Identity Thief's First Line of Offense

You can't see them steal from you. That's what makes #IDTheft  so deadly. Want to know how they can pull the rug out from under you? Here are six ways they do it, courtesy of #UIP

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Your 401(k) Isn't Just About Your Savings: It's About Your #Taxes, Too

Here's why — a true company-matched 401(k) will result in what we call a 100% investment return. That means your money will actually GROW as you go along with your career, and with stock market returns doing what they do, expanding an average 8%12% annually – and here's the kicker, TAX FREE or DEFERRED — that's a lot of money in your pocket as income you would otherwise NOT have to pay income tax for.

Moreover, investing in that 401(k) in the long-term would allow you to reduce the annual income, decreasing you on the tax bracket and relieving you of more of that tax burden. Simply put, the less money you have to work on making, the less taxes you'll end up paying.

Learn more about how to maximize your taxes right here as well! And if you own a business and need bookkeeping services, sign up right away with the #CBB!

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Here’s what you have to remember about credit repair — the long-term goal is the ultimate benefit. Home ownership. Easy loan approvals. Peace of mind. That pristine credit score will get you far, honestly, for the rest of your entire life with the best credit repair secrets! The benefits could easily last beyond your own needs, too. Think about your spouse. Your kids. Your life beyond your own.

In Other Words — Your Credit Score Is You

So you’ll do whatever you can to get a hold of the best credit repair secrets out there without having to shell out your entire savings and see minimal effort. One thing’s for sure: without the best credit repair secrets, that spotty credit report will cause massive problems for you in your life, everything from mortgage financing, refinancing, home improvement, emergency loans, medical bills. You name it. So get that credit score up with these credit repair secrets right now:

1. Removing the Negatives — One call to Lexington Law at 844-346-3262, and you’re well on your way toward the first step of credit repair. Getting rid of those “stains” on the credit report. You can even sign up right here to get started. Why is it important to remove those negatives? Because they’ll stay on for a very, very, very long time. Unless you act now.
2. Opening Up New Lines of Credit — Next you need to show creditors that you can hold up on credit lines, making payments and such. How do you do that? You can open up new secured credit card accounts — click here for one offer, or here for another offer. And the trick is to start making small purchases, paying them off immediately. What you’ll find is the payments will be recorded on your credit report to show that you are reliable. What happens then? Your credit score goes up!
3. Try Personal Loans and Cash Advances, Too — Every now and then, emergencies do happen in your life. But did you know that taking out a loan or even a cash advance out of your paycheck can actually improve your credit score? The key is religiously being diligent about getting payments in to pay it back. They’re not handouts. Heck, if you even wanted to just take a personal loan out for its own sake, do it. A cash advance, knowing you won’t have any trouble paying it back, won’t hinder you in any way. So why not do it if it will better your credit score?
4. Lastly, This Secret Out of All Credit Repair Secrets Will Blow Your Mind — Your rent payments. You heard us right. Did you know that your own rent payments, even retroactively, can boost your credit score astronomically? Take advantage of adding those payments onto your report through Rental Kharma, because why wouldn’t a lender or creditor even think you’re reliable when they see that you’re always making your payments? Makes sense….

Of Course These Credit Repair Secrets Make Sense!

And the best part is the majority of this will be a small temporary investment on your part. The bonus is you have those safety nets — your lines of credit and the ability to take out any loan you want at will due to that high credit score. Getting your credit repair fixed is about as easy as buying a candy bar with your credit card — and paying it back, so it shows on your report.

Just follow these rules implicitly. Click here for sponsored listings right now. Sign up right now to get started immediately! And feel free to visit our Google+ page and Facebook page to learn more about what it takes to restore your credit to where it needs to be.

The post 4 Truly Successful Credit Repair Secrets appeared first on Independent Credit Solutions.

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We’re sure many wonder just how people get rich: tenacity. That’s the only way we can describe it. It all boils down to how you buy a candy bar for a buck and then sell it for two bucks. Simple as that. Increase the scale as high as you want to go, and you have a major money maker on your hands. That’s why selling homes can be a lucrative business, especially when you involve crowdfunding, but even more so, you save a ton of money on your taxes offsetting real estate capital gains or losses with this:

The 1031 Exchange: Investing Your Business in Something Bigger

How so? How does this work? Simply put, a 1031 Exchange in the IRS Code allows any real estate investor the ability to sell a property, take a profit, and then defer capital gains or losses provided the proceeds go to a reinvestment in a new similar used building. Think of house flipping, for instance.

Not all real estate transactions will actually apply to the 1031 Exchange, though; the property you’re reinvesting into would have to be utilized for trade, business or investment. In other words, if you’re living in a house, and then sell it to a buyer, you can’t use your earnings on it to buy another house to live in and then save on the sales taxes you’ll have to pay anyway. It would strictly have to be on the corporate side — a little something aside from the tax write-offs, say, real estate professionals can take advantage of.

So think of a house of cards, getting bigger and bigger. It’s kind of like that idea. Buy a building for, say, $150K and then turn around, sell it for $200K (you’ve just made $50K in profit). You’d have to pay taxes on the profit itself unless you take your entire $200K and invest in another property. This tax benefit often works quite well for house flippers for obvious reasons, but you get the picture. Keep reinvesting on more and more buildings, and you’ll continually make more and more profit over time while saving on your taxes. That’s the idea anyway.

Learn More About Tax Shelters and Sign Up With ITPN Immediately

And that’s just one way to maximize your taxes and take advantage of the many possible credits you can obtain. Click here to learn about other ways to increase that tax refund. Are you ready to file that tax return? Sign up with the Income Tax Planning Network and get started today.

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Many aren’t even aware that there are some places in the U.S. where you don’t have to pay out some of your hard-earned money just because you’ve earned money. It’s no secret — nobody likes the whole personal income tax or business income tax at all. You’re basically being asked to pay up for getting paid. Seems […]

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