http://www.financealley.com en-us editorial@financealley.com No one wants to pay more taxes than they are lawfully required to. But sometimes in their quest for lower taxes, many people will fall prey to many scams that promise a lower tax bill. In the end, these scams are always more trouble than they are worth.My... http://www.financealley.com/article_637595_15.html 15th September 2008 ts to pay more taxes than they are lawfully required to. But sometimes in their quest for lower taxes, many people will fall prey to many scams that promise a lower tax bill. In the end, these scams are always more trouble than they are worth.My name is D... http://www.financealley.com/article_637319_19.html 15th September 2008 ts to pay more taxes than they are lawfully required to. But sometimes in their quest for lower taxes, many people will fall prey to many scams that promise a lower tax bill. In the end, these scams are always more trouble than they are worth.My name is D... http://www.financealley.com/article_637262_19.html 15th September 2008 Hi, My name is Drew Miles, and I would like to share with you some ways your business can save money on taxes every year, just by following some simple steps. It’s that “Wonderful” time of year again! You ask, “What time is it?” IT’S TAX TIME!... http://www.financealley.com/article_632354_19.html 09th September 2008 Hi, My name is Drew Miles, and I would like to share with you some ways your business can save money on taxes every year, just by following some simple steps. It’s that “Wonderful” time of year again! You ask, “What time is it?” IT’S TAX TIME!... http://www.financealley.com/article_632337_19.html 09th September 2008 Pathfinder Business Strategies, LLC a privately held company which advises corporations, consumers & small to mid size companies on asset protection, tax savings & wealth building strategies is urging all Americans to structure their finances properly to ... http://www.financealley.com/article_620739_15.html 05th September 2008 No one wants to pay more taxes than they are lawfully required to. But sometimes in their quest for lower taxes, many people will fall prey to many scams that promise a lower tax bill. In the end, these scams are always more trouble than they are worth... http://www.financealley.com/article_560457_75.html 21st June 2008 Pathfinder Business Strategies, LLC, a privately held company that advises corporations, consumers & small- to mid-size companies on asset protection, tax savings, & wealth building strategies, has earned their clients a substantial tax savings of over 15... http://www.financealley.com/article_502132_15.html 01st April 2008 One of the key secrets to tilting the tax laws in your favor is to own your own business and shift the taxing structure to your advantage. In this article, we are going to cover just a small fraction of the 300 deductions that are available to you as a bu... http://www.financealley.com/article_122336_15.html 23rd January 2007 Business Growth Mistake #1 - Not Understanding the Importance of Creating Multiple Business Entities to Reach Your Financial Goals and Protect Your Assets From Lawsuits and Claims. Some business people I know keep their personal assets separate from th... http://www.financealley.com/article_120773_15.html 16th January 2007 Begin by building your documentation system. There are more than 300 tax deductions available to small business owners. By converting many of your personal expenses into legitimate business deductions, you can have a HUGE impact on you financial well bein... http://www.financealley.com/article_120405_19.html 15th January 2007 Each year, millions of Americans severely overpay their taxes. Are you one of them? Chances are if you are still working on the W-2 tax system, you are! Many people don't realize, but there are two vastly different tax systems in this country. Let's call ... http://www.financealley.com/article_115866_19.html 03rd January 2007 I just finished a speaking engagement in Vancouver. During one of the breaks, two ladies approached me and asked my opinion about the current state of their business. They had taken several real estate courses, read a number of books, and attended four ... http://www.financealley.com/article_113049_19.html 18th December 2006 Learning to effectively manage your time is paramount to your success; you will not be as successful (financially, emotionally, spiritually or in your family life) if you don’t. The good news is that there are some tools to make the job much easier. ... http://www.financealley.com/article_112419_15.html 15th December 2006 So about ten years ago, I had what I now recognize as a defining moment in my life. I was building a successful law practice on eastern Long Island and I found myself discussing the virtues of practicing law with some of the “old timers” in the area.... http://www.financealley.com/article_110667_15.html 07th December 2006 Although Pathfinder focuses on generating money, this lesson covers one of the biggest misconceptions we have about money: if we make more money, we'll be better off. It doesn't matter how much money we make, but rather how we spend and save it. Take two ... http://www.financealley.com/article_49480_15.html 02nd May 2006 The big O�Organize! Get organized, period. Pathfinder advocates separate files for each expense: utilities, phone, electric, Internet, auto, etc. Each month, invoices (such as repairs or maintenance) go in those files. The invoices are then categorized b... http://www.financealley.com/article_46580_15.html 25th April 2006 There are three main areas we need to keep in mind as the year ends: 1. Taxes 2. Corporate formalities 3. Planning for next year Planning for the next year a) Operations�What are one or two areas of your business that can be improved? How can you... http://www.financealley.com/article_46067_15.html 21st April 2006 There are three main areas we need to keep in mind as the year ends: 1. Taxes 2. Corporate formalities 3. Planning for next year The power of documentation�shifting the burden of proof For those who have an LLC (opposed to a sole proprietorship, ... http://www.financealley.com/article_45393_15.html 20th April 2006 The phrase "return on investment" (ROI) is thrown around a lot, but do you know what it really means and how to calculate it? Three ways to calculate ROI Cash-on-cash If $20,000 is invested and it grows by $10,000, it's a 50 percent cash-on-cash rate... http://www.financealley.com/article_45017_15.html 20th April 2006 The line under your income on your pay stub is where these two systems differ. With the uneducated tax system, you deduct the three lines under your income and the remainder is what you receive. With the educated tax system, the first line is your reporte... http://www.financealley.com/article_44667_63.html 16th April 2006 There are three main areas we need to keep in mind as the year ends: 1. Taxes 2. Corporate formalities 3. Planning for next year Revisit the idea of converting your 10 largest expenses. This is an ongoing process that should be done at least twice... http://www.financealley.com/article_44138_19.html 14th April 2006 Learn how to get your dollar to do more than one thing at the same time: generate multiple streams of passive income. Have more than one strategy for generating passive income because if that one source goes bad, you're in a world of hurt. How banks g... http://www.financealley.com/article_43409_19.html 13th April 2006 Entity structuring is the use of limited partnerships, limited liabilities, and corporations. These can help you accomplish three things: 1. Bullet-proofing your assets so that the bad guys are worse of if they try and take them away from you. 2. Slashi... http://www.financealley.com/article_43047_15.html 12th April 2006 The two biggest wealth thieves a person will encounter are tax deductions and lawsuits. Taxes work against you by chipping away at your wealth. These include federal income taxes (deducting up to 39% of your income), state taxes (deducting up to 9.6%), an... http://www.financealley.com/article_42176_19.html 06th April 2006 Buyer Beware: The ability to save money has nothing to do with income. Take waste out of your spending and you'll drive the haste out of your life. Continue to learn "the rules," as they're always changing. Learn the rules We're not taught "the rules... http://www.financealley.com/article_42104_15.html 05th April 2006 What is rampant, spreading like wildfire and can kill life as you know it? No, not a deadly virus (but close). Answer: Identity theft. My stepson, Aaron, was a victim of identity theft recently. Someone stole his bank cards, deposited fake checks into his... http://www.financealley.com/article_40246_19.html 01st April 2006 Fixing your credit report and repairing your credit are two distinct processes and problems. Below are practical ways to fix your credit report if it's wrong. Look through a magnifying glass 1. Check the identifying information. Sometimes they make a ... http://www.financealley.com/article_39349_19.html 28th March 2006 Fixing your credit report and repairing your credit are two distinct processes and problems. If your credit is bad, you can implement some of the strategies below to fix a low score. Negotiate down the amount of debt (it's easiest with private individu... http://www.financealley.com/article_38794_19.html 28th March 2006 It will take you on average between 25 to 30 years to pay off your credit card at the minimal amount. This will not do. Make a list of all of your credit cards (including all consumer debt such as doctor bills, furniture stores and your home). Lis... http://www.financealley.com/article_36797_19.html 17th March 2006 Not so fun facts: � By 2015, 77 million Americans will be over 50 years old and only approximately one-third of them will be able to retire. � During the economic boom in 1997, the average net worth of the richest 1 percent of families was $9.7 millio... http://www.financealley.com/article_36530_19.html 16th March 2006 Schools do not teach thrift: college, high school, junior high�our system doesn't place a high priority on frugality. And what a shame. We should put money aside regularly using a simple system�pay yourself first. For example, when you pay your utilit... http://www.financealley.com/article_36438_19.html 15th March 2006 When I started saving, I wasn't saving much. However, I developed an important habit. Whether you've wisely saved money or received a good tax return, don't go out and blow it on more stuff. You can have anything you want, you just can't have everything y... http://www.financealley.com/article_35630_15.html 13th March 2006 Pathfinder operates on 10 principles originating from books "Money Mastery" by Alan Williams and Peter Jeppson and "The Richest man of Babylon" by George Clason as well as information I've learned over the years. Principle No. 1: money is emotional.... http://www.financealley.com/article_34698_63.html 11th March 2006 A young man got into a car accident resulting in many bedridden months in the hospital and $100,000 of debt in hospital bills. Pathfinder's "Mastering Your Money" series originated from this true story. The young man decided to pay off his debt in small a... http://www.financealley.com/article_33788_19.html 07th March 2006 My grandfather bought his house for $6,500. He had no retirement after 20+ years of working for the same employer. They gave him $100 each month in lieu of a retirement check. He saved more than $200,000 over the course of his life. My grandfather clearly... http://www.financealley.com/article_32714_15.html 05th March 2006 Reality Check - How many years do you have left until you're 65? Whether retirement is just around the corner or have many more years to go, setting yourself up for retirement is key and must start now. Do the math. If you want $10,000 and you're investi... http://www.financealley.com/article_32500_19.html 05th March 2006 When I was practicing law, my colleagues would talk about how lucky they were to put their kids through college or. "I don't know how we did it, but we put the kids through college , and now we're hoping to start saving for retirement," they'd say. In rea... http://www.financealley.com/article_29341_18.html 15th February 2006