Lower Your Taxes - Big Time!

Sandy Botkin

McGraw Hill Professional, Dec 22, 2002 - Business & Economics - 250 pages

Strategies from an IRS insider for slashing taxes, maximizing legal deductions, avoiding audits, and more

Completely updated for all of the new 2005 and 2006 Tax Laws!

Through his years as an IRS tax attorney, Sandy Botkin discovered that most Americans could legally and dramatically cut their tax bills by establishing themselves as independent contractors or businesspersons. In Lower Your Taxes--Big Time!, fully updated for 2005 and 2006, Botkin explains how, outlining a straightforward program for writing off everything from family vacations to movies and plays, and receiving a subsidy of $5,000 or more from the IRS each and every year.

From tips for launching a business to strategies for audit-proofing a return, Lower Your Taxes--Big Time! is a gold mine of information for every frustrated taxpayer. Tax-cutting strategies include:

• How, why, and when to incorporate
• Fail-safe methods for deducting a home office and family car
• Simple but essential record-keeping tips
• Tax advantages of being a consultant,independent contractor, or independent businessperson

Contents

• Part 2 How to Incorporate to Shelter Your Wealth: 131
• Part 3 Every Fringe Benefit Available to Small and HomeBased Businesses: 173
• Part 4 Miscellaneous Tax Strategies: 231
• SelfInsured Medical Reimbursement Plan: 257
• 2002 Tax Rates: 261
• Index: 263
• About the Author: 272

About the author

Sandy Botkin, President of the Tax Reduction Institute, is a CPA and former IRS attorney whose seminars have taught more than 100,000 taxpayers how to save over $300 million on taxes. You can find out more about Sandy and his products and services at www.taxreductioninstitute.com

Bibliographic information

• Title: Lower Your Taxes - Big Time!
• Author: Sandy Botkin
• Publisher: McGraw Hill Professional, 2002
• ISBN: 0071420797, 9780071420792
• Length: 250 pages
• Subjects: Business & Economics / Public Finance