21 Tax Topics To Stay Compliant And Save Money Save Money And Reduce Taxes(1st Edition)
Authors:
Mr. Wayne Anthony Scully
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ISBN: 979-8398640014
Book publisher: Independently published
21 Tax Topics To Stay Compliant And Save Money Save Money And Reduce Taxes 1st Edition Summary: Do you want to effectively navigate the IRS tax maze? If your answer is yes, then this book is for you. But, even if you only want to learn more about taxes, this book is for you because it's chock full of great information for every taxpayer. Unlock the answers to some tax traps and pitfalls, and save money. The author interjects humor and interesting stories focused on real taxpayer interactions to illustrate ways your problems can be solved.Tax problems can find you, whether you are black or white, rich or poor, self-employed or employed by someone. The main thing to remember is that there is a solution to every tax problem. This book discusses often forgotten or unknown taxpayer rights and protections; negotiating installment agreements; ways to effectively abate or get rid of penalties, and even interest. On radio and TV adverts, tax resolution companies talk a lot about "pennies on the dollar" settlements, which are often not so simple. Therefore, the book debunks myths associated with the offer-in-compromise program. Liens and levies are scary, because who wants to lose their assets, so it tackles those topics too.The book addresses a few tax planning topics toward the end, because the author believes it is important to find legal ways to lower your taxes, so you lower your risk, and negative results of a tax audit by the big, bad IRS. From selecting the right entity type for your business to are you operating a hobby or for-profit business, are some tax planning topics this book covers to help you legally WIN the tax game!
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