Pay your taxes like the rich.

51PYxmmqqGL._AA300_In a recent post called “How to be a side-gigger” I noted that the four books mentioned in the article would eventually go up as giveaways.

Here’s the first one: “Outsmarting the System: Lower Your Taxes, Control Your Future and Reach Financial Freedom.”  

Written by former IRS auditor Anthony Campidonica, the slim volume explains several ways that ordinary people can use a group of tax benefits, i.e., those for the self-employed. You could be an entrepreneur (full- or part-time), a landlord or an investor.

What if you don’t have the wherewithal to open a store, buy a rental property or invest like the pros? Start small, the author advises. Sell your expertise or a product on the side vs. quitting your day job and diving in. Or save up for that foreclosure or repo and go the renovation-and-rental route in your off hours.

“All taxpayers…should have a small business to take advantage of the tax laws like the rich do,” says Campidonica.

His book is a good introduction to advantages you’ve probably never dreamed existed. I am now a limited liability corporation and I’m quite happy with some of the benefits that go along with the deal.

 

Campidonica has donated an extra copy of the book for this week’s giveaway, so that means two winners this week. Yay!

To enter:

If you do any (or all!) of these things, please leave separate, additional comments to get credit for each entry.

The deadline to enter is 7 p.m. PST Tuesday, March 18. If I don’t hear back from the winners by 10 p.m. PST Wednesday, March 19I’ll pick a new winner. So if you enter, be sure to check your e-mail.

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86 thoughts on “Pay your taxes like the rich.”

  1. [waves hand] Pick me! I found you via Liz Weston, added your excellent blog to my RSS feed, and would love to lower my taxes!

    Reply
  2. Would love to win this book! We have rental properties but are selling them. We are now thinking of having a seasonal shop selling craft items. Have to stay busy as we are aging!

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  3. Side-gigging has always helped me at tax time, but I know I’m an amateur. Would love to get this book & learn more!

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  4. Sounds kind of fun to have a side gig. Speaking of fun, hope you’re having loads with your dad and sis in Florida.

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  5. With taxes soaring in my state at every level, need to learn how to lower them any way the IRS allows. Thanks for the giveaway.

    Reply
  6. I’d like to have this book. Make more money, pay less taxes. There’s a deal!
    Hope you’re having fun! Haven’t checked the weather, but I can’t imagine it being too bad.

    Reply

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