How to avoid paying taxs on your leases

Any suggestions on how to avoid paying taxs on your leases, before the 1 Jan rolls around.

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Permalink Reply by mary kinser on January 2, 2012 at 4:35am

where"s the plant?

Permalink Reply by mary kinser on January 2, 2012 at 4:43am

where is this plant?

Permalink Reply by Joe on January 1, 2012 at 7:32am

Not according to Automotive news. The Toyota Tacoma is assembled in San Antonio Tx with 70% imported parts and all the corporate profits goes to Japan.

http://www.automotiveaddicts.com/inthenews/07-10-06.html

Permalink Reply by Frankie Jo on January 1, 2012 at 10:41am

Profits, whatever they are, go to the corporate office for redistribution. Sure, new projects, building etc may occur. Appropriated solely for the purpose of future profits. Investment then profit. No chicken or egg issue. Invest first, profit second. What most people do not grasp is year after year we are losing a war of exports versus imports. Make it stop by buying as much US content from US owned corporations IF you have a choice. Spending is good. Spending US is better, period.

Permalink Reply by craig on January 1, 2012 at 7:27pm

Joe, I think you are reading this wrong, either that or I am : )

Toyota Tacoma USA 70% IMPORT

From the article this appears to mean that the tacoma contains 70% parts from the US or canada so therefore is called an import since it is below the threshold of 75% that it needs to be called Domestic.

Permalink Reply by Jack Straw on January 1, 2012 at 3:49pm

Getting back to the basic question which started this discussion; if a substantial sum of money is anticipated, connect up with a good CPA whose specializes in tax work.

A Tax CPA should save you at least $5-$10 for every dollar he/she charges.

Don't be shy, take advantage of the talents of experts.

All in my humble opinion.

One size fits most.

 

JS

 

Permalink Reply by mary kinser on January 3, 2012 at 4:09am
if not for the working poor there would be no producers,no industries, no rich hogs who only want more and more. they make their money on the backs of poor folks.
Permalink Reply by Jim Litwinowicz on January 3, 2012 at 4:43am

Mary; this site is for discussing issues related to natural gas and oil drilling, either pro or con.  It is not for spewing left wing diatribes, you should go to Huffington Post for that.

Permalink Reply by mary kinser on January 3, 2012 at 4:57am

oops,sorry i must of hit a nerve,finally!

Permalink Reply by George Brown on January 3, 2012 at 12:22pm

Mary, everyone wants more and more, rich and poor. The difference is rick folks went the extra mile to get it, while folks with your attitude prefer to do little or nothing and then complain when others get ahead.

Rich folks are not all rotten scumbags.  Many were once low income and decided they didn't want to spend the rest of their lives being poor so they worked hard and changed their situation.  Then envious folks like you come along and want to punish their success.  You should be ashamed of yourself for being so envious.

Envy (also called invidiousness) is best defined as a resentful emotion that "occurs when a person lacks another's (perceived) superior quality, achievement, or possession and either desires it or wishes that the other lacked it."[1]

Envy can also derive from a sense of low self-esteem that results from an upward social comparison threatening a person's self image: another person has something that the envier considers to be important to have. If the other person is perceived to be similar to the envier, the aroused envy will be particularly intense, because it signals to the envier that it just as well could have been he or she who had the desired object.[2][3]

Bertrand Russell said envy was one of the most potent causes of unhappiness.[4] It is a universal aspect of human nature because not only is the envious person rendered unhappy by his envy, but also wishes to inflict misfortune on others.

Permalink Reply by mike4t on January 3, 2012 at 12:47pm

BRAVO, George !!!

Permalink Reply by Nancy LeNau on January 5, 2012 at 4:27pm

 "Very Well Said " !!!!!!!!!

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