Author Archives: Drew Miles

Drew Miles on Personal Service Corporation Tax Issues

Owners of more than one corporation can be determined as a Personal Service Corporation by the Internal Revenue Service when in actuality they are not. PSC’s are not eligible for graduated corporate tax rates and are required to pay a … Continue reading

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Drew Miles on the Tax Benefits of Expanded Loss Carrybacks

The current economic downturn has prompted lawmakers to reconsider the loss carryback rules under the Worker, Homeownership and Business Assistance Act of 2009. This would provide tax relief to all businesses except for companies receiving payments under the Troubled Asset … Continue reading

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Drew Miles on 2010 Estate Tax extension

The House of Representatives voted on December 3, 2009 to extend the estate tax rate for 2009 into 2010. The estate tax is the transfer of property to heirs or family members and the exemption amount is the amount each … Continue reading

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Drew Miles on Business Tax Deductions through IRS 2010 Standard Mileage Rates

Avoid being looked at as though you are running tax scams by documenting everything the right way. Take automobile expenses for instance. A solid tax-planning tip for business expense deductions is to deduct the use of your automobile expenses. Continue reading

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Drew Miles on Audit Proofing your Business Tax Deductions

Everyone wants to be financially free or as Robert Kiyosaki states, “to get out of the rat race”. Drew Miles and Pathfinder Business Strategies encourage clients to avoid using what some would say are tax scams but instead reduce their … Continue reading

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Drew Miles on Six-Column Tax Strategy for tracking Business Tax Deductions

Drew Miles and Pathfinder Business Strategies advises its clients to utilize a tax strategy diary as an easy and safe method of audit proofing their tax records and avoid what some would say are tax scams. It is a simple … Continue reading

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Drew Miles’ Tax Strategy for BIG Savings Through Better Business Tax Deductions

Pathfinder Business Strategies uses a powerful tax strategy process to identify both personal and business tax deductions that can save its clients thousands of dollars in unused or underutilized deductions. Be wary of tax tips or scams to buy something … Continue reading

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Drew Miles on Maximizing Business Tax Deductions and Tax Write-offs

A well-planned tax strategy is the key to tax savings with the primary benefit of increased asset protection and income tax reduction.  Individuals are hesitant to maximize their business tax deductions because they believe it to be risky. Proper tax … Continue reading

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Drew Miles on Avoiding Tax Scams and using a Reliable Tax Strategy – Tax Deferred Exchange

Pathfinder Business Strategies encourages its clients to learn more ways as investors to save on business deductions and tax credits. An effective tax strategy for property investments is the IRC Code Section 1031. When an investor sells business or investment … Continue reading

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Part 2 – Drew Miles touches on a Tax Scam and the Best Entities for Business Tax Deductions

In part 2 of Choosing the right entity for your company Drew Miles discusses a tax scam to watch out for and tells you how corporations can help you take advantage of many business tax deductions.  This can feel overwhelming … Continue reading

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