Lower Your Taxes – Big Time! : Wealth-Building, Tax Reduction Secrets from an IRS Insider
Product Description
Strategies from an IRS insider for slashing taxes, maximizing legal deductions, avoiding audits, and more 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!, Botkin explains how, outlining a straightforward program for writing off everything from family vac… More >>
Lower Your Taxes – Big Time! : Wealth-Building, Tax Reduction Secrets from an IRS Insider
As a former tax professional, I found Mr. Botkin’s book to be worthless. It can be used as a doorstop however.
Rating: 1 / 5
I have only read one of the chapters that is shown by Amazon to help pitch the book. I can only say that if the other chapters reflect some of the same tact as the chapter I read about owning your own business I would not be impressed. Much of the information given contributes to the false hype that we hear about being in business for oneself. No mention of the cost associated with investment required, or for cost of living while trying to get business in the door, or equipment needed to run even a small service business. The fact is that most people don’t make it beyond 5 years in business. The taxes paid to the government is twice as much listed because someone that is self-employed pays all of the fees, i.e., social security, Medicaid, eccetera per quarter. This equals almost 13% of earnings, this does not include the income tax to be paid. The example given only reflects half of that amount. What about healthcare? Employers offer some reimbursement here typically, some offer 401K contributions. The facts that are listed relative to the earning one would make by owning a business versus working for someone else are not telling the whole story.
Rating: 1 / 5
THIS BOOK IS LIKE HAVING A PRIVATE CONSULTATION WITH THE IRS REGARDING HOW TO LEGALLY AVOID PAYING MOST INCOME TAXES! SANDY TEACHES YOU ALL THE TRICKS OF HIS FORMER TRADE AS A TOP IRS ATTORNEY!
THIS GUY IS REALLY GOOD! GET HIS BOOK AND SAVE YOURSELF TONS OF HARD-EARNED CASH!
INDEED, WHY SEND ALL OF YOUR MONEY TO IRAQ?! THIS BOOK WILL TEACH YOU HOW TO KEEP MOST OF IT FROM THE IRS!
Rating: 5 / 5
Super tax information that helps my clients. If you’re an aircraft owner, or considering ownership this book is a “must read!”
Rating: 5 / 5
This book is geared to business people and not for the average individual. A lot of the tax saving strategies are fantasy too!!!!
Rating: 1 / 5