Sebastian, Florida (PRWEB) November 30, 2013
While overeating turkey this Thanksgiving may be tough to swallow and create short term indigestion, American business owners and high-income earners might find themselves even more uncomfortable after they see Uncle Sam carve up their bottom line income if they dont pay attention in these last remaining business days of the 2013 tax year, says nationally renowned Tax Attorney, Drew Miles, President of Pathfinder Business Strategies. (http://www.TaxSavingProfessionals.com)
With the national holiday behind us and crispy brown turkey legs still wrapped in cellophane in the refrigerator, says Miles, unless high income earning Americans act quickly, they are going to find themselves with a big case of financial indigestion that Tums wont help that lasts a whole lot longer, and makes you seriously uncomfortable where it really hurts, in your wallet.
Miles point out there only 20 active business days remaining before the end of the year for Americans to take a big bite out of their 2013 tax bill with actionable steps that can potentially significantly reduce their taxes, says Miles, whose company has helped more than 7000 clients nationally since 1998 save more than half a billion dollars collectively in taxes.
Financial Relief is Still Available to Help Reduce Your 2013 Tax Bill
Its easy to get caught up in the end-of-year hoopla, says Miles, but this year there is a very small window from Thanksgiving to Christmas and then New Years Eve. When that big ball drops in Times Square on December 31st, your time has run out and theres nothing more that can be done to help reduce your tax bill for this year.
Tax Deductions that Must Be Handled By December 31st
For example, state and local taxes are set to expire on December 31, 2013. This might be among the more obvious tax deductions, says Miles, who is also an author, lecturer and mentor, but so often we see people who let these types of accounting and bookkeeping matters get past them.
Less obvious though and potentially extremely valuable to consumers, particularly American farmers and other types of land owners who would like to see their property preserved are tax deductions that are available through the Conservation Easement Preservation Act. Under this current tax statue individuals who participate in or contribute to a Charitable Easement Contribution can conceivably save up to 50% of their adjusted gross income. The bad news is that the legislation and the concomitant tax saving advantages are up for a vote in the form of the House Bill 2807 by December 31st, 2013; what this means is that the current favorable tax deductions status could change.
Its Not How Much Money You Make, Its How Much Money You Keep
Says Miles, Its not how much money you make, but its how much you keep. Pathfinder Business Strategies has a track record of helping their clients save significantly on what they pay. For example; the average American pays 31% in taxes, Pathfinder Business Strategies average client pays 15% in taxes.
Pathfinder Business Strategies is unique from other more traditional tax organizations. We are not a tax prep company, says Miles, we are tax strategists, and in fact we work very closely and regularly with accountants, CPAs as well as small and large tax professionals and organizations who are not familiar with many of the deductions and strategies used by our company.
Everyone has to pay taxes, but its your legal right as an American to pay only what you owe and not one penny more, says Miles. The typical tax professional typically uses between 15 20 tax deductions, Pathfinder Business Strategies uses more than 400 time-tested, proven tax deductions and strategies that many tax professional are often not aware of.
About Pathfinder Business Strategies
Since 1998 Pathfinder Business Strategies (http://www.TaxSavingProfessionals.com) has helped more than 7,000 clients nationally save more than half-a-billion dollars in taxes. The average American pays 31% in taxes, the average Pathfinder clients pays 15% in taxes. Founded by tax attorney Drew Miles, Drew spent more than 6 years pouring over the IRS tax codes seeking ways in which he could reduce his own personal taxes. The majority of tax professionals regularly use between 15 and 20 tax strategies to help clients reduce their taxes. Pathfinder utilizes more than 400 rarely used, misunderstood or simply unknown tax strategies by the majority of tax professionals. These strategies were developed by Drew along with a team of tax lawyers and CPAs, including a former IRS Revenue Officer and a former prosecutor with the Department of Justice with a 100% conviction rate. Not one of Pathfinders tax saving strategies has ever been overturned by the IRS. Pathfinder Business Strategies achieves this through record keeping and documentation combined with diligent compliance for provisions in the tax code supervised by the companys team of tax professionals CPAs, Attorneys, Enrolled agents and a host of paralegals. Drew Miles is an accomplished entrepreneur, author and lecturer.
Company Website: http://www.TaxSavingProfessionals.com
Media Contact: Jeff Mustard: 954-801-8263 | email: jeff(at)thebambooagency(dot)com | http://www.TheBambooAgency.com
Thanksgiving and Taxes, Both Can Cause Indigestion: Pathfinder Business Strategies Has Financial Remedies to Ease the Pain of Paying Taxes is a post from: AI SEO Group
