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Technology Information:
Lower Your Taxes - Big Time! 2009-2010 Edition (Lower Your Taxes Big Time)
Product Type: Book
Product Price: $19.95
Manufacturer: McGraw-Hill
Purchase
Description
"Almost every American can get a raise of $3,000-$15,000 or more annually courtesy of the United States Government."
-David D'Arcangelo, author of Wealth Starts at Home
"Will put thousands of dollars in your pocket every year and teach you, in clear simple steps, how to audit proof your records from the IRS forever."
-Mark Victor Hansen, co-creator, #1 New York Times best-selling series Chicken Soup for the Soul®
The classic tax-relief guide--updated to help you save more than ever!
The amount Americans pay in taxes exceeds all other expenses combined. And with the economic downturn taking its toll on small businesses around the country, taxes are a greater financial burden than ever before. Lower Your Taxes-Big Time, 2009-2010 shows consultants, business owners, and contractors how to slash their tax bills by thousands.
Written by Sandy Botkin, CPA and former attorney for the IRS, this informative and engaging book explains how to
- Get a yearly subsidy of $5,000 or more back from the IRS
- Properly document your business deductions
- Avoid any future audits by the IRS
- Deduct the equivalent of your child's education, braces, or wedding
- Take advantage of tax-free fringe benefits available to small businesses
Reviews
Rating: 5 / 5
Date: 2010-08-28
Summary: "Tax Help"
Thank you Sandy for the EXPERT advise...saved me so much with my home based business! Would reccomend you to my friends and even relatives...;-) Your book helped me so much more than the other books I bought that were a waste. Home based business?....Do Not Miss This!
Rating: 4 / 5
Date: 2010-08-01
Summary: "Pay your share, but no more"
This is a must-read for any business owner. It gives carefully documented and researched tips for reducing your taxes to the legal minimum.
Les
[...]
Rating: 5 / 5
Date: 2010-07-31
Summary: "This is the stuff your CPA won't tell you or doesn't know!"
I LOVE this book. I bought this figuring this was essential reading but would be a complete snooze-fest - but it has been so informative, easy to read, bullet point concise, and so hilarious, I'd swear Botkin is a closet comedian. He calls IRS tax service reps "the dumbest things on 2 legs, dumber than sheep, cattle and most plant life." I never thought I would call a tax planning book hilarious, but it is.
I'm about 3/4 way thru the book and am so impressed with the wealth of information Botkin puts in the book. I have consulted numerous CPAs before and not one would tell me how to best structure my taxes and utilize my businesses in the best possible way to minimize my taxes. It was invaluable to learn tax planning even if you are a W-2 employee and have side businesses. Also fascinating was the chapter on how the IRS works, who they audit, what %'s of people get audited - basically the more money you make, the more chance you get audited - they don't audit you based on how much deductions you take, but rather on what kind of entity you are and how much money you make. So it was quite an eye-opener and definitely makes you realize that you need to be that much more aggressive with your deductions.
Definitely worth every penny.
Rating: 5 / 5
Date: 2010-03-30
Summary: "Only tax book the self employed person needs"
This is an essential book for anyone who is self employed. And everyone needs to have a home based business, you will understand why after reading this book. This book shows you everything you need to know to save on your taxes.
Rating: 5 / 5
Date: 2010-03-10
Summary: "Program Yourself for Lower Taxws"
The book explains all the tax advantages of owning a small home-based business. The author provides detailed systems to establish that will capture the data required to qualify for the maximum tax breaks available. Carefully explained are the ways one must keep records to get these tax deductions, exemptions, and credits. I found the book to be very helpful in teaching me how to set up my business and a path to follow to benefit from the tax advantages.