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Loopholes of the Rich
How the Rich Legally Make More Money & Pay Less Tax
Taschenbuch von Diane Kennedy
Sprache: Englisch

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Beschreibung
"In this book, Loopholes of the Rich, you are going to legally learn

how to make more money, keep a whole lot more, and pay less taxes".
--from the Foreword by Mark Victor Hansen
Co-creator, #1 New York Times bestselling series Chicken Soup for the Soul(R)

Taxes are the single biggest expense for the average American today. In fact, small changes in the amount of taxes you pay can lead to big changes in you and your family's quality of life. This newly revised edition of Loopholes of the Rich covers all the most effective and legal tax strategies--and loopholes just like the rich use--so that people from every tax bracket can pay less and keep more of what they earn.

There's nothing unethical about tax loopholes. The government wants you to take advantage of them! Even better, these tactics and strategies are a great way to save for your family's future or achieve financial independence. Packed with motivational true stories and practical tax strategies, the book covers the vital areas of business structures, tax-advantaged wealth building, and asset protection. And there's more:

  • Take control of when and how much you pay in taxes
  • Develop a personalized tax loophole strategy
  • Create a systemized approach to building wealth through the tax advantages that the IRS wants you to use
  • Structure your business to lower its tax burden and protect your wealth
  • And legally and ethically lower your tax bill

You'll also find a helpful checklist of 300+ business deductions, real-life tax strategy examples, useful sample forms, and details on IRS codes and rules.

"In this book, Loopholes of the Rich, you are going to legally learn

how to make more money, keep a whole lot more, and pay less taxes".
--from the Foreword by Mark Victor Hansen
Co-creator, #1 New York Times bestselling series Chicken Soup for the Soul(R)

Taxes are the single biggest expense for the average American today. In fact, small changes in the amount of taxes you pay can lead to big changes in you and your family's quality of life. This newly revised edition of Loopholes of the Rich covers all the most effective and legal tax strategies--and loopholes just like the rich use--so that people from every tax bracket can pay less and keep more of what they earn.

There's nothing unethical about tax loopholes. The government wants you to take advantage of them! Even better, these tactics and strategies are a great way to save for your family's future or achieve financial independence. Packed with motivational true stories and practical tax strategies, the book covers the vital areas of business structures, tax-advantaged wealth building, and asset protection. And there's more:

  • Take control of when and how much you pay in taxes
  • Develop a personalized tax loophole strategy
  • Create a systemized approach to building wealth through the tax advantages that the IRS wants you to use
  • Structure your business to lower its tax burden and protect your wealth
  • And legally and ethically lower your tax bill

You'll also find a helpful checklist of 300+ business deductions, real-life tax strategy examples, useful sample forms, and details on IRS codes and rules.

Über den Autor
DIANE KENNEDY, CPA, is a top real estate author and investing expert. She holds seminars across the country on how to legally and ethically minimize tax obligations. She is the founder and owner of DKA, a leading tax strategy and accounting firm. She is also the coauthor of The Insider's Guide to Real Estate Investing Loopholes and The Insider's Guide to Making Money in Real Estate, both from Wiley.
Inhaltsverzeichnis

Foreword vii
Mark Victor Hansen

Introduction: The Rules Have Changed ix

Part I The Five STEPS to Financial Freedom 1

Chapter 1 Starting Point-Understanding Your Financial Story 3

Chapter 2 Team-Building a Team That Supports You 22

Chapter 3 Evaluation-Constructing a Tax Loopholes Strategy 39

Chapter 4 Path-Creating an Action Plan 54

Chapter 5 Starting Point-What Worked, What Didn't Work 61

Part II Jump Start! Your Wealth 69

Chapter 6 Jump Start! Principles for Tax-Advantaged Wealth Building 71

Chapter 7 Creating Income with Less Tax 81

Chapter 8 Using Business Structures to Create Legal Tax Loopholes 96

Chapter 9 Discover Your Hidden Tax Loopholes 132

Chapter 10 Control When and How Much You Pay in Taxes 146

Chapter 11 Smart Real Estate Investing 167

Chapter 12 Real Estate Loopholes to Take Money out of Your Property 178

Chapter 13 Buying a Home the Right Way 186

Chapter 14 Home Loopholes So Your Home Pays You 195

Part III New Tax Strategies for C Corporations 203

Chapter 15 Avoid C Corporation Pitfalls 205

Chapter 16 New C Corporation Tax Loopholes Strategies 214

Part IV Take Your Loopholes and Still Sleep at Night 221

Chapter 17 Eliminate IRS Red Flags 223

Chapter 18 How to Have a Painless IRS Audit 227

Appendix A Tax Loopholes Strategy Success Stories 237

Appendix B 300+ Business Deductions 248

Appendix C IRS Principal Business and Professional Activity Codes 261

Appendix D Sample Forms 281

Index 307

Meet Diane Kennedy 311

Details
Erscheinungsjahr: 2004
Fachbereich: Betriebswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Einband - flex.(Paperback)
ISBN-13: 9780471711780
ISBN-10: 0471711780
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Kennedy, Diane
Auflage: Revised edition
Hersteller: Wiley
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 152 x 19 mm
Von/Mit: Diane Kennedy
Erscheinungsdatum: 20.12.2004
Gewicht: 0,482 kg
Artikel-ID: 102451829
Über den Autor
DIANE KENNEDY, CPA, is a top real estate author and investing expert. She holds seminars across the country on how to legally and ethically minimize tax obligations. She is the founder and owner of DKA, a leading tax strategy and accounting firm. She is also the coauthor of The Insider's Guide to Real Estate Investing Loopholes and The Insider's Guide to Making Money in Real Estate, both from Wiley.
Inhaltsverzeichnis

Foreword vii
Mark Victor Hansen

Introduction: The Rules Have Changed ix

Part I The Five STEPS to Financial Freedom 1

Chapter 1 Starting Point-Understanding Your Financial Story 3

Chapter 2 Team-Building a Team That Supports You 22

Chapter 3 Evaluation-Constructing a Tax Loopholes Strategy 39

Chapter 4 Path-Creating an Action Plan 54

Chapter 5 Starting Point-What Worked, What Didn't Work 61

Part II Jump Start! Your Wealth 69

Chapter 6 Jump Start! Principles for Tax-Advantaged Wealth Building 71

Chapter 7 Creating Income with Less Tax 81

Chapter 8 Using Business Structures to Create Legal Tax Loopholes 96

Chapter 9 Discover Your Hidden Tax Loopholes 132

Chapter 10 Control When and How Much You Pay in Taxes 146

Chapter 11 Smart Real Estate Investing 167

Chapter 12 Real Estate Loopholes to Take Money out of Your Property 178

Chapter 13 Buying a Home the Right Way 186

Chapter 14 Home Loopholes So Your Home Pays You 195

Part III New Tax Strategies for C Corporations 203

Chapter 15 Avoid C Corporation Pitfalls 205

Chapter 16 New C Corporation Tax Loopholes Strategies 214

Part IV Take Your Loopholes and Still Sleep at Night 221

Chapter 17 Eliminate IRS Red Flags 223

Chapter 18 How to Have a Painless IRS Audit 227

Appendix A Tax Loopholes Strategy Success Stories 237

Appendix B 300+ Business Deductions 248

Appendix C IRS Principal Business and Professional Activity Codes 261

Appendix D Sample Forms 281

Index 307

Meet Diane Kennedy 311

Details
Erscheinungsjahr: 2004
Fachbereich: Betriebswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Einband - flex.(Paperback)
ISBN-13: 9780471711780
ISBN-10: 0471711780
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Kennedy, Diane
Auflage: Revised edition
Hersteller: Wiley
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 152 x 19 mm
Von/Mit: Diane Kennedy
Erscheinungsdatum: 20.12.2004
Gewicht: 0,482 kg
Artikel-ID: 102451829
Sicherheitshinweis