Lower Your Taxes - BIG TIME! 2017-2018 Edition: Wealth Building, Tax Reduction Secrets from an IRS Insider

by Sandy Botkin

Overview

Completely revised and updated for 2017—the must-have resource for saving thousands of dollars at tax time!

Whether you’re a consultant, small-business owner, or independent contractor, you want to keep more of what you earn. Lower Your Taxes—Big Time! 2017 provides everything you need to know about saving money on April 15—and every other day of the year. Sandy Botkin has taught hundreds of thousands of taxpayers how to save over $300 million on their taxes with his Tax Reduction Institute seminars.

Now, the acclaimed tax expert shows you how to legally and ethically take advantage of the tax system to get a yearly subsidy of $5,000 or more back from the IRS—and bulletproof your records forever.

Packed with money-saving strategies, this essential guide includes:

• Advice on properly documenting any business deduction
• Expert guidance for getting big tax subsidies for starting a home business
• Legitimate ways to turn tuition, entertainment, orthodontia, vacations, and other expenses into huge deductions
• Important information on small-business tax changes and extensions recently passed by the American Taxpayer Relief Law, and more
• Latest tax law changes arising from the Protecting Americans From Tax Hikes Law

Product Details

ISBN-13:	9781259859922
Publisher:	McGraw-Hill Professional Publishing
Publication date:	12/05/2016
Pages:	336
Product dimensions:	7.40(w) x 9.10(h) x 0.80(d)

About the Author

Sandy Botkin is a CPA and former Attorney for the IRS. One of the most well-known national lecturers in the field of tax reduction and audit proofing techniques, he has toured with Tony Robbins, Donald Trump, and John Grey. Botkin knows the ins and outs for those who are business-owners or self-employed and is the author of the audiotape series Tax Strategies for Business Professionals and Tax Advantages of a Home-Based Business.

Table of Contents

Introduction: Rich or Poor-Your Choice

Part 1. Wealth-Building Tax Secrets for Small and Home-Based Business Owners

Chapter 1. Why You Would Be Brain Dead Not to Start a Home-Based Business (If You Don't Already Have One)

Chapter 2. How to Deduct Your Fun

Chapter 3. How to Turn Your Vacation into a Tax-Deductible Write-Off

Chapter 4. Income Shifting and Income Splitting: One of the Greatest Single Wealth-Building Secrets

Chapter 5. How to Turn Your Car into a Tax-Deductible Goldmine

Chapter 6. Home Office: The Misunderstood Key to Saving $15,000 Every Five Years

Chapter 7. Beating the Dreaded IRS Audit

Chapter 8. How to Shield Yourself from the IRS Weapon of Classifying a Business as a Hobby

Part 2. How to Incorporate to Shelter Your Wealth

Chapter 9. Finding the Best Corporate Entity for Your Business

Chapter 10. Forming a Nevada Corporation or a Limited-Liability Corporation in Nevada

Chapter 11. How to Eliminate up to 40 Percent of Your Social Security and Medicare Tax with an S Corporation

Chapter 12. How to Get Assets and Money into a Corporation Tax-Free

Part 3. Every Fringe Benefit Available to Small and Home-Based Businesses

Chapter 13. Fringe Benefits You Will Love, Part 1

Chapter 14. Fringe Benefits You Will Love, Part 2

Part 4. Miscellaneous Tax Strategies

Chapter 15. The Four Most Overlooked Real Estate Tax Deductions in America

Chapter 16. Making Colleges Less Expensive with Tax Planning

Chapter 17. Tax Planning for Stock and Bond Investments

Chapter 18. Trader versus Investor: The Best Kept Secrets Around

Chapter 19. Tax Scams and Other Shams

Chapter 20. The Top 10 Tax Questions

Appendix A: 2016 Tax Rates

Appendix B: How to Find a Good Accountant

Appendix C: Health savings Account

Appendix D: What the New Health Reform Law Means to You

Index