Title may change Category : Business & Finance
Customer Review : Review Summary: The hardest
thing for you to find is simple advice about which
financial structure to use for self-employment and
small business activities and how to balance
cutting taxes, having flexibility, and avoiding
asset exposure. This book is the best simple
version of how to do all of this I have seen. You
will obviously need experts to help you do your
planning to match your needs, but this book will
prepare you to work knowledgeably with those
experts. Over a career as a small business owner,
this book may be the most valuable one you will
ever read. Review: I am a big fan of Rich Dad,
Poor Dad and wrote a review of that book that
caused me to get a lot of e-mails asking
tax-related questions. I am delighted to see this
book because it means that those who wonder how
developing passive income can cut taxes can start
to understand why that occurs. "Loopholes . . .
are government incentives." For many years,
Congress has provided tax incentives to encourage
certain kinds of business development and
investing. As a small business owner, you have the
opportunity to benefit from some of those
incentives, legally and morally. This book will be
most valuable for those who know little about the
structure of the income-tax code and regulations,
how property is protected against legal suits, and
ways of creating financial flexibility. The tools
you can use differ from year to year, as the rules
change. This book is good for explaining the
general concept of how these rules usually work.
It also tells you what kinds of advice and
expertise you need from others
