Lower your taxes--big time!
Subtitle: wealth-building, tax reduction secrets from an IRS insider
By: Sandy Botkin, CPA, J.D.
Edition: 2016-2017 edition.
Publisher: McGraw-Hill Education
Published: 2017
Language: eng
Number of pages: 320
ISBN-13: 9781259859922
Subjects: Income tax; Law and legislation; Popular works; Tax planning
Description: "Completely revised and updated for 2017--the must-have resource for saving thousands of dollars at tax time!  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 ; and, latest tax law changes arising from the Protecting Americans From Tax Hikes Law."--Page 4 of cover.
Notes: "Completely updated 2017 edition!"

"Including updates from the Protecting Americans from Tax Hikes Act."

Includes bibliographical references and index.
Table of contents: title: Part 1. Wealth-building tax secrets for small and home-based business owners. Why you would be brain dead not to start a home-based business (if you don't already have one); title: How to deduct your fun; title: How to turn your vacation into a tax-deductible write-off; title: Income shifting and income splitting : one of the greatest wealth-building secrets; title: How to turn your car into a tax-deductible goldmine; title: Home office : the misunderstood key to saving $15,000 every five years; title: Beating the dreaded IRS audit; title: How to shield yourself from the IRS weapon of classifying a business as a hobby. part 2. How to incorporate to shelter your wealth. Finding the best corporate entity for your business; title: Forming a Nevada corporation or a limited-liability corporation in Nevada; title: How to eliminate up to 40 percent of your Social Security and Medicare tax with an S Corporation; title: How to get assets and money into a corporation tax-free.  Part 3. Every fringe benefit available to small and home-based businesses. Fringe benefits you will love, part 1; title: Fringe benefits you will love, part 2.  Part 4. Miscellaneous tax strategies. The four most overlooked real estate tax deductions in America; title: Making colleges less expensive with tax planning; title: Tax planning for stock and bond investments; title: Trader versus investor : the best kept secret around; title: Tax scams and other shams; title: The top 10 tax questions.