- Ø Contribute to traditional IRA or Roth IRA.
- Ø Use the Gift-Tax Exclusion to shift income.
- Ø Take our Home Equity loan to pay off other consumer loans on which intent is not dedication
- Ø For self- employment, the advantage of section 179 depreciation.
- Ø Contribute to Medical saving accounts.
- Ø Keep track of Mileage Drum for “ Business Employee Expenses” to claim under “Interval Deduction”
- Ø Central home office expenses if eligible