Brian’s Financial Musings

My July newsletter is coming out tomorrow, July 1.  If you want a copy you can sign onto my mailing list on my website:   www.briantstonercpa.com Also I am renting a second office in my building at 2600 W. Olive Avenue in Burbank.  I am hiring an assistant and need a place to park them.  When the office is set up I will take a picture and post it.

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Brian’s Tax Musings

This is for all you rich guys who have that boat or airplane laying around.  Remember you can deduct the personal property tax on said boat or airplane as an itemized deduction on your taxes.  The only problem will be if you are in alternative minimum tax.  Taxes are not normally deductible for AMT purposes.  Tell me anyway and we will get what deduction we can for it.

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Brian’s Financial Musings

Today is the final rebate card segment – business credit cards.  They usually have all the personal card advantages, plus some bonuses for office supplies, gas, meals and travel.  They usually have an introductory low interest rate as well as a waived first year or zero annual fee.  Here is the link to compare:http://www.creditcards.com/business.phpRemember, these cards can be found money if you use them right.  Make sure you get the best card for you and watch the interest rates on the card; it is probably a good idea to pay it off every month; the rebates become even more valuable.  My wife and I banked over $1000 in rebates last year by putting as many bills and expenses on the rebate card, then paying everything off each month.  Good luck on your rebate jouney!

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