Save on Taxes - How to Stop Uncle Sam From Grabbing Your Hard Earned Money
Author: Thomas Quinlin
Author: Thomas Quinlin
So you want to know how to save on taxes? I understand how you feel. In fact, it's been my mission for years to help my clients and myself save on taxes. Read on to find out how to pay as little as legally possible. The reason for my interest in saving on taxes: I've been there myself. Believe it or not, I used to pay far too much money to the IRS. So I fully understand what you're going through. And I have a secret for you: These days, I am living on pre-tax dollars, and so can you. Get this: There are a few things you can do to save a ton of taxes. And this is good news, especially if Uncle Sam has been grabbing far too big a chunk out of your income. You won't have to let him do that anymore. So instead, let's use the powerful tax saving secrets of the wealthy. What are these secrets? Actually, let's start with these two: 1) Start your own business Yes, start your own business. And if you already have one, learn to run it more effectively with respect to saving on taxes. This is a tax saving move that will benefit almost anyone, no matter which income bracket you're in. 2) Start your own private foundation Starting your own private foundation is ideal if you have a substantial amount of money that Uncle Sam wants to get a piece of and also would like to fund expensive activities you enjoy -- preferably with your foundation's pretax dollars. It is also a way that you can "institutionalize" your hobbies and have the government subsidize your activities. Starting a foundation may not be right for everyone, but starting a business is something anyone can and should do. If you don't have a business yet, it's high time to start working on setting one up. And if you do have a business, take a good look at where you may be throwing money to Uncle Sam. So if you want to save taxes, at the very least look into either starting a business or running the business you already have more tax effectively.About the Author:
For more on saving taxes, check out
private wealth management advisor Thomas Quinlin's resource materials for how to
save on taxes. Or call him for a free consultation at 1-888-490-8200. And here's more on
saving taxes.
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