Ima - here's a brief listing:
1)Tax Free Interest - municipal bonds
2)Carpool Receipts - $'s received from riders to offset expenses
3)Capital Gains on home sale - 2 yr. rule
Tax Free Compensation
4)Health coverage supplied by employer
5)Group life insurance by employer
6)Education expenses by employer
7)Transporation costs covered by employer
8)Cafeteria Plans a/k/a Flexible Spending Accounts - disability insur, childcare expenses, accident benefits, etc.
IMHO, Ima #4-8 here would provide you and your husband the health /disability insurance you guys don't currently carry - IF you incorporated your business somehow and provide a tax break at the same time - even on the new van I would think.
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