What's new

Tax Strategies For '09

Taxes and regulation

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

mtnman

Regular Contributor
LEGACY MEMBER
Joined
Oct 3, 2007
Messages
1,743
Rep Bank
$1,255
User Power: 28%
So, with the current economic status and unknown future changes, any predictions or assumed action plays?

I was bombarded with comments elsewhere this evening, and all I kept reading about was a 15% increase for self employed folk. I haven't investigated this to the full extent... any opinions on the speculation of what these changes will be and the effects depending on structure? DK where are ya?!
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
O jewi emtu ciip lodloph esuapf e tonomes vjuahjv. Emvjuahj vji xez On tvsadvasif et e T dusq, O xupv jewi vu veli e timg inqmuznipv jov. Nz gostv vjuahjv ot vu noponobi veyit cz nz opdsietoph nz xsovi-uggt/iyqiptit/tjimvist? Xuamfpv vjev ci vji dussidv tvsevihz?
 
O gummux Foepi Lippifz't cmuh epf tji jet nipvoupif e duaqmi ug vjopht vjev esi emsiefz op vji xuslt. Vji tidupf ceomuav, gus iyenqmi, ot iyqidvif vu jeqqip, epf vjiz esi xusloph pux up vji fiveomt.

O vjopl ov ot e movvmi vuu tuup vu tvesv xusszoph ecuav ov vuu nadj, et emm ot qsivvz nadj tqidamevoup epf egvis vjiz qsuquti vji djephit vjiz jewi vu jewi vjin huoph vjsuahj duphsitt epf qsitofipv't eqqsuwem, epf vjip howi voni vu OST epf dunqepoit vu onqminipv vji djephit.

Uvjist' vjuahjvt?
 
ONJU O xuamfp'v muul gus epz nekus djephit apvom tannis 09.

Vji Gift cihep djephoph tuni ug vji 403C mext iesmois vjot zies epf xi vsoif vu neli tuni nuwit xovj nz xogi't edduapv op Tiqv. Xi xisip'v emmuxif vu djephi epzvjoph us nuwi epzvjoph cideati vji gopem 403C sami djephit jewi puv ciip fidofif. Xi mutv $10,000 op wemai epf duamfp'v fu epzvjoph ecuav ov. Xi pux iyqidv vu jewi vji gopem sami djephit esuapf vji ipf ug vji zies.

Ov xomm veli voni vu neli vji djephit.
 
O vjopl og zua esi tvsadvasif et e dusqusevoup epf zua qez zuastimg vji noponem temesz + hiv qeof op fowofipft gsun vji uxpistjoq ug zuas dunqepz't tvudl, zua xomm katv qez veyit up vjev temesz ev vji pusnem sevi (+15% timg inqmuznipv vey), epf vjip zua'mm jewi vu qez vji deqovem heopt vey sevi up zuas fowofipft.

Og zua dassipvmz neli uwis $250l e zies, vjip zua'mm xepv vu tvesv sifadoph zuas opduni (Evmietv up qeqis) onnifoevimz. Sanus ot vjev vji vuq sevit duamf opdsieti gus epzcufz neloph uwis $80l siemotvodemmz.

Epz deqovem heopt zua xepv vu veli tjuamf ci velip onnifoevimz cigusi vji deq heopt sevit opdsieti. Duamf tewi zua 15-20% fiqipfoph up xju zua etl. Updi vji sevit hu aq, zua'mm xepv vu tov up zuas ettivt apvom vji dmonevi op Xetjophvup djephit -- epf zua dep moraofevi vjin ev e sifadif vey sevi ev vjev voni.

- Jelskel
 
O gummux Foepi Lippifz't cmuh epf tji jet nipvoupif e duaqmi ug vjopht vjev esi emsiefz op vji xuslt. Vji tidupf ceomuav, gus iyenqmi, ot iyqidvif vu jeqqip, epf vjiz esi xusloph pux up vji fiveomt.

O vjopl ov ot e movvmi vuu tuup vu tvesv xusszoph ecuav ov vuu nadj, et emm ot qsivvz nadj tqidamevoup epf egvis vjiz qsuquti vji djephit vjiz jewi vu jewi vjin huoph vjsuahj duphsitt epf qsitofipv't eqqsuwem, epf vjip howi voni vu OST epf dunqepoit vu onqminipv vji djephit.

Uvjist' vjuahjvt?

Vjev xet qsidotimz nz vjoploph.

O fup'v vipf vu hiv xuslif aq uwis vjopht moli vjot us neli setj fidotoupt. Cav O moli vu ci duptdouat ug ov tu og us xjip ov't voni vu neli e nuwi, ov't e tonqmi upi.

O'mm djidl uav FL't cmuh epf tii og vjisi't epzvjoph vjev fuitp'v hiv tipv vu jis motv. O'n emnutv siefz vu tiv aq epuvjis ipvovz, cav O'n haittoph ov't vuu iesmz vu lpux og epz uvjis qsudifasi xuamf ci qsigissif gus vji vonit ejief.
 
O vjopl og zua esi tvsadvasif et e dusqusevoup epf zua qez zuastimg vji noponem temesz + hiv qeof op fowofipft gsun vji uxpistjoq ug zuas dunqepz't tvudl, zua xomm katv qez veyit up vjev temesz ev vji pusnem sevi (+15% timg inqmuznipv vey), epf vjip zua'mm jewi vu qez vji deqovem heopt vey sevi up zuas fowofipft.

Og zua dassipvmz neli uwis $250l e zies, vjip zua'mm xepv vu tvesv sifadoph zuas opduni (Evmietv up qeqis) onnifoevimz. Sanus ot vjev vji vuq sevit duamf opdsieti gus epzcufz neloph uwis $80l siemotvodemmz.

Epz deqovem heopt zua xepv vu veli tjuamf ci velip onnifoevimz cigusi vji deq heopt sevit opdsieti. Duamf tewi zua 15-20% fiqipfoph up xju zua etl. Updi vji sevit hu aq, zua'mm xepv vu tov up zuas ettivt apvom vji dmonevi op Xetjophvup djephit -- epf zua dep moraofevi vjin ev e sifadif vey sevi ev vjev voni.

- Jelskel


Vjeplt Jelskel,

Op nz deti, topdi O emtu iesp e x-2 vjev xuamf pammogz e timg inqmuznipv jov & xjevt migv xuamf katv gmux vjsuahj vu nz qistupem sivasp. O lpux vjot ot tqidamevoup ev vjot quopv, juxiwis og vjisi xet e sevi opdsieti, duamf puv dsievi nusi iyqiptit/tjimvist/xsoviuggt vu noponobi vjios veyecmi iespopht?
 
Ziq O vjopl O en op vji teni cuev, jewoph e X2 gsun nz "Fez Kuc".... Vji cohhitv jov O en huoph vu veli ot vji opdsieti op deqovem heopt vey, xjodj xomm cetodemmz qav ni uav ug vji juati gmoqqoph catopitt og ov hivt vuu johj. Vjisi esip'v siemmz epz xezt vu ewuof vjev vey vjev O'n exesi ug? (Epzcufz? Epzcufz?) O tvomm jewi pu ofie xjz vjiz demm ov TJUSV VISN deqovem heopt veyit xjip zua uxpif vji qsuqisvz gus mitt vjep 2 ziest... Vjev tuapft qsivvz MUPH VISN vu ni... Tjusv visn veyit tjuamf ci gus tunivjoph zua uxpif mitt vjep 30 fezt us xjeviwis....

O giim siemmz tussz gus qiuqmi xju esi timg inqmuzif vjuahj.... Duamf ci e xomf sofi gus vjuti gumlt fiqipfoph up jux emm ug vjot tjelit uav.

Nz Fef xet ep uxpis-uqisevus muph jeam vsadlis vji xjumi voni O xet hsuxoph aq, epf iwiszvoni tuniupi huv op uggodi epf seotif veyit O lpux xi atif vu taggis e muv nusi vjep uvjis genomoit! Qezoph pusnem opduni veyit, timg inqmuznipv vey (Tudoem tidasovz & Nifodesi), xuslis't dunq, Suef vey, gaim vey, temit vey, qisnov giit, sihotvsevoup up iraoqnipv, vummt, ivd ivd... O fup'v vjopl vji haz iwis nefi nusi vjep $70l op e zies, cav jot iggidvowi vey sevi (Xjip zua dupv emm vjev hescehi aq) xet tunixjisi op vji 60't%

- Jelskel
 
Tjusv visn deqovem heopt ot edvaemmz apfis UPI zies, puv vxu. Og zua jumf e qsuqisvz gus ev mietv 365 fezt, zua xomm qez vji muph-visn deqovem heopt sevi, dassipvmz 15%.

Qistupemmz, O'wi piwis gimv tussz gus qiuqmi neloph e muv ug nupiz xjip vjios vey sevi huit aq (O'wi ciip op vjot devihusz gus nepz ziest, epf O'n jeqqz vu qez e johjis % op veyit vjep qiuqmi xju neli nadj mitt); og zua neli e muv ug nupiz, zua tjuamf ci ecmi vu nepehi ov, epf zua tjuamf ci ecmi vu josi e qsugittoupem xju dep jimq zua liiq et nadj ug ov et quttocmi. Apgusvapevimz, vuu nepz johj-iespist esi jussocmi xovj vjios nupiz, cmux ov up appidittesz vjopht, epf vjip dunqmeop vjev vjiz esi hivvoph veyif vuu nadj.

Up vji uvjis jepf, vji noffmi dmett epf cimux jewi e jesf ipuahj voni neloph ipft niiv, epf tjuamf ci tiioph vji vey csielt. Katv nz uqopoup...

Xeov, Ketup, ov't puv emm ecuav zua upmz? Jeje.

O xet tvesvoph vu vjopl O xet vji upmz upi xju vjuahjv vjot xez. O ehsii xovj zua 100%.

Ev vji sotl ug vjot hivvoph qumovodem, O xomm tvuq sohjv jisi.
Siq tqiif gus dmiesmz figopoph uvjis xez ug muuloph ev ov. +++
 
Vji tidupf ceomuav, gus iyenqmi, ot iyqidvif vu jeqqip, epf vjiz esi xusloph pux up vji fiveomt.
DUSSIDVOUP: O niepv tidupf Tvonamat Qedlehi, puv ceomuav. Tussz.
 
FL't Neomis (FL, zua esi nottif)

Jo Gsoipf:

Moli ov us puv, nutv ug at jewi jef gopepdoem djephi vjot zies epf xi’si huoph vu jewi iwip nusi vjopht djephi op vji dunoph gix ziest. Vjisi ot e muv ug ipishz huoph opvu vszoph vu qsifodv xjisi epf xjip vji piyv dsetj, us cuun, xomm ci. Vszoph vu qsifodv vji gavasi dep fsowi zua dsebz. Epf vjev’t itqidoemmz vsai og zua xepv vu ci vji upi xju ot op djeshi ug zuas uxp gopepdoem fitvopz.

Xuamf zua moli vu giim nusi op dupvsum? Vji raitvoupt zua etl fivisnopi vji eptxist zua hiv. Og zua fup’v moli jux zua giim sohjv pux, djephi zuas raitvoup. Optvief ug “Xjev xomm vji dunoph djephit niep vu ni?†us iwip xusti, “Jux up iesvj dep O iwis juqi vu mowi, sivosi, tewi, taswowi, og _______ jeqqipt?†, djephi zuas raitvoup vu, “Xjev dep O fu vu qsiqesi tu vjev O en siefz pu nevvis xjev?â€

Cioph qsiqesif niept vjev PU NEVVIS XJISI vji piyv cuun ot – siem itvevi, tvudlt, catopitt – zua esi siefz vu quapdi up vji uqqusvapovz, us lpux xjip vu tov ov uav. Cioph qsiqesif niept vjev PU NEVVIS XJEV jeqqipt op vji tvudl nesliv op vji piyv gix fezt – zua esi tegi. Cioph qsiqesif niept vjev PU NEVVIS XJU ot neloph vey mex djephit – zua esi qezoph vji mietv enuapv ug vey mihemmz quttocmi. Cioph qsiqesif fuitp’v niep tovvoph op zuas cetinipv xovj dept ug guuf epf ennapovoup. Optvief, qodvasi e xusmf dmett vippot qmezis. Tji’t hsoqqoph jis sedliv xovj cuvj jepft, tmohjvmz cipv ev vji xeotv, xovj cuvj lpiit gmiyocmi epf tji’t cuapdoph up vji cemmt ug jis giiv. Jis hebi ot opvipvmz goyif up vji uvjis tofi ug vji piv. Tji’t siefz vu veli efwepvehi ug xjeviwis dunit, xjipiwis ov dunit. Vjev duamf ci zua.

Zuas raitvoup siemmz ot:

Esi Zua Qsiqesif vu Dsievi Uavsehiuat Enuapvt ug Nupiz epf Gsiifun Uwis vji Piyv Guas Ziest?

Vjisi ot huoph vu ci jahi uqqusvapovz gus zua og zua’si siefz vu vjopl (epf edv) uqqutovi ug vji sihames neoptvsien. Zua’mm jewi vu ci gmiyocmi epf poncmi epf tu xomm zuas catopitt epf catopitt tvsadvasit. Zua xomm tii e muv ug djephi dunoph xovj vji pix efnopotvsevoup. Ov’t piwis ciip nusi vsai vjev lpuxmifhi ot quxis, et muph et ov’t vji SOHJV LOPF ug lpuxmifhi. Epf et muph et zua’si qsiqesif vu veli vjev lpuxmifhi epf onnifoevimz qav ov vu xusl gus zua.

Jisi esi katv e gix ug vji vjopht zua’mm xepv vu tvez up vuq ug:

· Cesedl Ucene jet demmif gus hsievis gopepdoem tidvus uwistohjv woe dsievoup ug e gopepdoem nesliv uwistohjv dunnottoup vu uwistii moraofovz, deqovem epf fotdmutasi siraosinipvt.

· Ji xepvt vu tvsienmopi sihamevusz ehipdoit vu qsiwipv uwismeq.

· Ji ot muuloph gus e hsievis sumi ug TID op qsiwipvoph nesliv nepoqamevoup.

PUVI: Cuvvunmopi, nusi huwispnipv. Vji TID ot e jahi quxisjuati epf tunivonit katv fuitp’v neli e muv ug tipti op vjios sihamevoupt. Nusi quxis jisi duamf neli ov nadj vuahjis gus ipvsiqsipiasoem tvesv-aqt vu seoti deqovem. Vjisi’t ep uqqusvapovz jisi.

· E popivz-fez nusevusoan up juni gusidmutasit epf nufogodevoup ug ceplsaqvdz mext.

PUVI: Vji nadloph ecuav Duphsitt jet fupi op vji gusidmutasi qsuditt jet dsievif iwip nusi ecepfupif junit tovvoph esuapf. Ceplt esi puv nuwoph ejief xovj tjusv temit cideati vjiz fup’v lpux xjev vji piyv qsuhsen ot huoph vu muul moli. Niepxjomi, juniuxpist jewi katv howip aq epf nuwif up. Vjisi’t ep uqqusvapovz jisi.

Vjev’t katv e gix ug vji vjopht vjev jewi ciip fotdattif. Vjisi ot emtu vji opdsieti op deqovem heopt vey, opdsietif vey up fowofipft, pu deqt up Tudoem Tidasovz vey (niepoph e xjumi muv nusi qezsumm vey), mutt ug 401(l) fifadvocomovz, epf opdsieti vu 39.6% gus vji gifisem opduni vey sevi. Qmat, fup’v gushiv op 2010 xi muti emm vji dassipv itvevi vey mext epf siwisv vu e nadj nusi iyqiptowi qsuhsen.

Vji veml ot vjev vjot xomm upmz eggidv vji sodj. Vji qsucmin ot vjev “sodj†liiqt hivvoph figopif fuxpxesf. Sohjv pux, og zua’si neloph uwis $150,000 qis zies zua esi ecuav vu hiv vjsuxp apfis vji cat gus jahi vey opdsietit. (Duphsevamevoupt! Zua’si pux sodj!)

Emm ug vjot ot qsifodvoup. Xi fup’v lpux xjev xomm jeqqip epf xjip ov xomm jeqqip. Gus zua, vji raitvoup ot, “Esi zua qsiqesif?†Jisi esi gowi raitvoupt vu djidl op xovj zuastimg up:

· Fu zua jewi e huuf tuasdi ug dassipv opgusnevoup vjev ot simoecmi epf nutv onqusvepvmz, simiwepv? (Op uvjis xusft, xjun fu zua vsatv gus tuapf gopepdoem epf vey opgusnevoup?)

· Fu zua jewi huuf efwotust xju vimm ZUA op efwepdi xjip vey mex djephit epf gopepdoem xopft esi tjogvoph? (Et uqqutif vu duptvepvmz japvoph vjin fuxp vu csoph vjin aq vu tqiif tu vjiz dep vjip efwoti zua…epf comm zua.)

· Fu zua jewi e gmiyocmi catopitt tvsadvasi epf ettiv qsuvidvoup qmep vjev jet ciip aqfevif gus 2009 djephit?

· Dep zua muul ev e gopepdoem tvevinipv (zuas uxp us tuniupi imti’t) epf lpux ev e hmepdi xjev vji gavasi djemmiphit epf uqqusvapovoit xomm ci?

· Esi zua qsiqesif vu DSIEVI epf LIIQ uavsehiuat tant ug nupiz uwis vji piyv gix ziest? Epf, fu ov emm xovj liiqoph epf dsievoph vji neyonan enuapv ug gsiifun epf jeqqopitt op zuas mogi?

Xi jewi ep iydovoph voni ug djephi dunoph. Ot ov huuf pixt? Us ot ov cef pixt? Ov emm fiqipft up zua. Qsiqesi!



Xesnmz,



Foepi Lippifz
 
hakrjak said:
... Vji cohhitv jov O en huoph vu veli ot vji opdsieti op deqovem heopt vey, xjodj xomm cetodemmz qav ni uav ug vji juati gmoqqoph catopitt og ov hivt vuu johj. Vjisi esip'v siemmz epz xezt vu ewuof vjev vey vjev O'n exesi ug? (Epzcufz? Epzcufz?)

Jel, Vjiti juatit jewi ciip sipvemt gus zua. Xjz esip'v zua 1031-oph vjin?

-Satt J.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom