Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax (Rich Dad's Advisors) - Softcover

Kennedy, Diane; Kiyosaki, Robert T.

Softcover

ISBN 10: 0446678325 ISBN 13: 9780446678322

Publisher: Warner Business Books, 2001

Synopsis

With an introduction by Robert T. Kiyosaki In easy-to-follow and straightforward language, this invaluable guide teaches business owners how to pay only what taxes are due to the government-and save the rest. By learning the rules that the wealthy play by, business owners can take advantage of legal tax deductions to cut their annual tax payments.

Loopholes of the Rich will reveal how to:
- Control how much tax you pay and when you pay it
- Condense 500,000+ pages of IRS tax law into 3 easy rules that keep your money in your pocket
- Find the right business structure for your business to pay less tax and protect what you have
- Learn to make more money by using the tax strategies of the rich
- Pay less tax legally and still sleep at night

About this title

From the Back Cover:

"In this book, Loopholes of the Rich, you are going to legally learn

how to make more money, keep a whole lot more, and pay less taxes".
—from the Foreword by Mark Victor Hansen
Co-creator, #1 New York Times bestselling series Chicken Soup for the Soul®

Taxes are the single biggest expense for the average American today. In fact, small changes in the amount of taxes you pay can lead to big changes in you and your family's quality of life. This newly revised edition of Loopholes of the Rich covers all the most effective and legal tax strategies—and loopholes just like the rich use—so that people from every tax bracket can pay less and keep more of what they earn.

There's nothing unethical about tax loopholes. The government wants you to take advantage of them! Even better, these tactics and strategies are a great way to save for your family's future or achieve financial independence. Packed with motivational true stories and practical tax strategies, the book covers the vital areas of business structures, tax-advantaged wealth building, and asset protection. And there's more:

• Take control of when and how much you pay in taxes
• Develop a personalized tax loophole strategy
• Create a systemized approach to building wealth through the tax advantages that the IRS wants you to use
• Structure your business to lower its tax burden and protect your wealth
• And legally and ethically lower your tax bill

You'll also find a helpful checklist of 300+ business deductions, real-life tax strategy examples, useful sample forms, and details on IRS codes and rules.

About the Author:

Diane has dedicated her career to empowering and educating others about the truth of financial investments and the tax advantages available. She is a business owner and investor who has built her wealth through real estate. Diane is a highly sought-after international speaker and educator. She has been featured on CNN's First Business and has taught at the University of Nevada, Reno.

About this edition

• Publisher: Warner Business Books
• Publication date: 2001
• ISBN 10: 0446678325
• ISBN 13: 9780446678322
• Binding: Paperback
• Edition number: 1
• Number of pages: 384