VAT is the only tax that involves the government not only in collecting substantial money from the private sector but also in paying a good deal of it back to them in the form of input tax credits. 136 countries now have a VAT of some sort and remain at …
Read More »Yearly Archives: 2007
Big Tax Benefits for Smaller Businesses
Big business enjoys huge tax advantages by creating Captive Insurance Companies. Successful PCs can also use this powerful tool for wealth accumulation and risk management. Keego Harbor, Michigan. May 11, 2007 In 25 years of developing asset management plans for physicians and other entrepreneurs, Keith L. Mohn, CLU, CHFC, CAPP, …
Read More »What To Do If You Have Been Audited
Most Americans have completed this year’s tax return to the best of their abilities. Now for 98% of us that is the end of it for this. What about the other 2%. You are in the unlucky group of people that will be audited by the IRS. Let’s look at …
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