75 Possible Tax Deductions

There are now seven different ordinary income tax brackets- 10%, 12%, 22%, 24%, 32%, 35%, and 37%, and three different capital gains tax brackets- $0%, 15%, and 20%. Furthermore, 3.8% NIIT Net Investment Income Tax bracket, further complicates the situation. For example, high income taxpayers will be subject to a 40.8% tax rate on ordinary investment income and a 23.8% tax rate on long-term capital gains.

The increased value created in an investment portfolio by using tax saving strategies described below is referred to as “TaxAlpha.” Put another way, it is your after-tax excess return (after-Tax Alpha) minus your pre-tax excess return (pre-Tax Alpha) based on the appropriate benchmarks. Research indicates that many portfolios don’t consistently beat their benchmarks on a pre-tax basis, often producing negative alpha on an after tax basis. That is why creating Tax Alpha is important. If pre-tax alpha is positive, tax planning can increase the excess.

75 Tax Deductions (plus two bonus deductions)

Another key point: Keep good records. “Track every single expense related to your business and comb over them with your tax preparer at the end of the year to ensure you only take legitimate deductions.”


“Good record keeping and thoughtful consideration will minimize your risk of an audit if the IRS ever comes knocking.”

75 Best Tax Strategies

  • IRA and Roth IRA Strategies,
  • Capital gain/loss strategies,
  • Bond income strategies,
  • Dividend income strategies,
  • Option transaction strategies,
  • Qualified retirement plan distribution strategies,
  • Charitable planning strategies,
  • Stock option strategies,
  • Specialized investment strategies,
  • Strategic tax alpha strategies,
  • Tactical tax strategies, and
  • Trust and estate strategies.

Download Our Mobile App and get 20% Off Tax Preparation

Tax Advance Loans, Auto Title Loans, Business Loans $500 to $10,000

Link to MKG Tax Consulting App on Apple Store Link to MKG Tax Consulting App on Google Play

MKG Enterprises Corp is a diversified financial technology company with a mission driven purpose to strengthen our community by closing the wealth gap created by systemic disparities in the financial industry.

MKG Enterprises Corp is a diversified financial technology company with a mission driven purpose to strengthen our community by closing the wealth gap created by systemic disparities in the financial industry.

Call Us @ 559-412-7248

Monday - Friday : 10:00 AM – 8:00 PM PST
Saturday-Sunday 10am-5pm

MKG Enterprises Corp provides on-demand
online tax and financial services 24/7/365