Fact: Well, let's see what a Supreme Court Justice had to say about that. Justice Learned Hand said, "There is nothing sinister in arranging one's affairs so as to keep taxes as low as possible.
Everybody does so, rich and poor, and all do right. Nobody owes any public duty to pay more than the law demands."
Fear #2: How come no one else I know is doing this? It must not be right.
Fact: The rich think differently about money and about taxes. We teach
the uncommon wisdom that the rich use to legally, ethically and
morally reduce taxes. If you haven't heard about this, it is likely
because the people you have talked with don't know these tax secrets.
Fear #3: The IRS will take everything I own and put me in jail.
Fact: We teach the way to correctly take deductions, so you are
protected in case of audit. If the IRS were to select you for audit,
the IRS would want to see that you had proper documentation. We teach that audit defense.
Fear #4: The IRS will audit me if I change the way I do my return.
Fact: The IRS does not flag your return for audit simply because you
change the amount of your income, deductions, or business structures.
The most common reasons for an IRS audit are:
Mistakes made in math on the return
Amounts reported do not agree to W-2s, 1099s, and 1098s reported to the government by others
The return was not signed
Schedules were not correctly completed
Fear #5: The IRS is everywhere and knows everything. They are to be feared.
Fact: The IRS audit rate is continuing to decline. When the average return is audited, most items can be handled entirely through the mail or fax. And, in all cases, you can appoint an IRS representative to handle all of the issues. The IRS will aggressively pursue taxpayers who fall in the following categories. If you want to minimize your IRS
audit risk, don't do these things:
Form illegal "targeted" business structures such as "pure" or
"constitutional" trusts
Fail to pay payroll taxes
Protest taxes. If you legally comply with tax law, the IRS may call you into an audit, but you have nothing to fear
Fear #6: It's too complicated to keep good records. I could never figure it out!
Fact: We provide the education and tools you need to know to
legitimately claim and keep tax deductions. And remember, you can hire
experts such as bookkeepers with your before tax dollars to help you
keep the records you need.
Fear #7: Getting a tax education is expensive.
Fact: Education isn't expensive--it's not knowing that is expensive.
Plus, the money you spend for educational products and seminars is tax
deductible.
Fear #8: Taxes are way too complicated for me.
Fact: You can create a powerful team of tax advisers who take care of
the details, so you can concentrate on what you do best.
Fear #9: I can't find anyone to trust.
Fact: First, determine what it is you need to feel trust. Sometimes
feeling a lack of trust is a good indication of your instinct, and
sometimes a feeling of lack of trust in others is because you don't
trust yourself. Figure out what is wrong and fix it. Don't let fear
stop you from you having all you deserve.
Fear #10: I'd rather pay more and not be audited.
Fact: The amount of tax you pay has nothing to do with your likelihood
of being audited. The idea that it does is more wishful thinking . . .
and is just plain flat wrong!
For any questions, please comment below. For investment services, leave a message at 314-246-9484 or you can email at dhibb99@gmail.com
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