
Expectations and goals of this course: Low cost to almost no cost Investment options to lower taxes and increase income opportunity.
This lecture shares insider tips on how the wealthy maintain and grow their profits. This information is the basic foundation of this course and will serve you well in maintain and growing your foreign currency profits.
The Power of a Schedule C - This lecture shares how Schedule C filers can literally reduce their taxes by hundreds to thousands of dollars when using Depreciation Section 179. This is how you increase your business assets AND lower your taxes. This legal technique is one of the best, cheapest and most reliable ways for a taxpayer to control his or her tax liability. See Resources for IRS Tax Codes
Section 199A is a new tax deduction for Qualified Business Income QBI. Most Scheduler C filers can qualify for this new deduction.
Additional tax write offs for Schedule C filers. Tips on how to implement a home business for under Fifteen USD Udemy Course: How to Qualify for Lower Taxes With a Home Business See Resources for the Link
This lecture shares insider secrets pertaining to Tax Professionals and the IRS. We get into the basic way your foreign currency will be taxed. See Resources for my YouTube Channel
This lecture shares how you will more then likely be taxed on your foreign currency profits. This information is based on you being classified as a casual day trader or foreign currency investor.
How to protect yourself if you're audited. How many years you must keep tax records and how far back the IRS can go in an audit. How the IRS catches tax cheaters including the updated Data Analysis from third parties.
The Bottom Line - IMPORTANT - When Iraq invaded Kuwait in August of 1990, the value of the Kuwaiti dinar dropped to about 5 cents. In other words, it took 20 Kuwaiti dinars to buy one dollar. In February of 1991 Iraq was expelled from Kuwait, and a month later, the banks revalued their currency to $3.47, the highest valued currency in the world.
The Iraq War cost over $1 trillion USD and counting. The US Government holds over $120 billion Iraqi Dinars. You are not alone in your investment of the Iraqi Dinar.
The course Asset protection for Iraqi Dinar Investors shares insight into how wealthy investors legally shield their profits from the IRS and how you can do the same using easier and more economical techniques. The power of Schedule C is discussed along with Section 179 and the new tax law Section 199A.
Foreign currency and Iraqi Dinar Investors learn how their profits are taxed and what you can do to lower your tax liability, legally. There are certain tasks that must be adhered to in order to protect wealth, This course shares exactly what these tasks are and what happens if the tasks are incomplete.
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Exotic Currency investors are closer to wealth than most people, due to the high profit margins. Learning how to manage sudden wealth is necessary in order to maintain said wealth. Revalues and exchange rate fluctuations in foreign currencies have created wealth for, banks, corporations, and individuals in previous years, Learning how to deal with sudden tax liabilities due to sudden exotic currency profits is all a part of financial planning.
The difference between a professional day trader and a casual investor is included along with tips on how to tax plan your way to lower taxes.
Schedule C and Schedule D information pertaining to foreign currency investments is outlined along with how to legally prepare yourself for lower taxes and higher income opportunities.