Lower Your Taxes - Big Time! : Wealth-Building, Tax Reduction Secrets from an IRS Insider

List Price: $16.95 Amazon.com Price: $11.87

• Media: Paperback
• Publisher: McGraw-Hill Trade (18 December, 2002)
• ISBN: 007140807X
• Average Customer Review: Based on 13 reviews.
• Amazon.com Sales Rank: 2,095
  

I also taught finance and this book is written by a natural teacher. It has great summaries, flow charts, references, clear but concise writing. I agree with the other reviewer that this may set the standard for future finance and tax books. It is a MUST for anyone considering starting a business or who already has a business.

He has great information on both incorporating and on where to incorporate which was very valuable to me. I LOVED his sections on fringe benefits. In fact, this is probably the most comprehensive tax book on fringe benefits that I have ever seen. If you have ever wondered what companies both big and small can do for their empolyees, it will probably be found in this book. In fact, it even had a great chapter on Real estate issues that are often overlooked. It even covers some of the tax planning that Enron institued and why they did what they did. Very interesting indeed!
Trust me: Get this book!


The only Tax Strategy Planning book you will need!

Sandy has finally done it! This is the only simple and easy to understand Tax Strategy Planning book in America. Sandy has taken a very dry subject and brought it to life in a way that teaches and entertains at the same time. Sandy also backs up all of his strategies with laws, court cases, IRS rulling, etc. This is a must read for ANYONE who is a business owner, self-employed, sub contractor, home based business owner etc. We feel that this information is so vital that we give this book to all of our clients. Sandy is helping Americans keep more of what they make, and teaching people to use the strategies of the rich. I recommend this book to anyone who is a business owner.


Interesting book with a very different approach

I would have given it 4 and 1/2 stars but that wasn't an option. The only reason that I didn't give it 5 stars was that the book deals with small and home bases business issues and for real estate owners and investors. I am retired and thus, could only benefit from the real estate discussion.However, I did have a business before retirement.

I got this book after reading a great review in the Orlando Sentinal.This book would have saved me a bundle had I known about this information many years ago. It is cleverly written and has a lot of good information that I myself never heard from my accountant. I especially liked all the examples and tips that I found really useful in understanding the tax planning sections I also liked the elaborations, which provided some nice insights into why Congress passed various laws or on what to do about certain laws,with a great deal of clarity and specificity.

One very unsual feature that I found in this book that I never read in any other book was all the information that was provided on how to "audit proof" each and every tax planning strategy. I have used the J.K. Lasser guide in preparing my taxes, and I have never seen as much specific information on how to IRS bullet proof each deduction as Mr. Botkin provides.

Many financial books I read are rather shallow and lack a lot of the details necessary to implement what they are suggesting. Also, there seems to be a trend in financial and real estate books to serve as a giant advertisement for consulting services or for other books. This was NOT the problem in this book,which was frankly very refreshing.

Even as a retired person, I did, however, find the real estate section to be very useful. It will save me a bundle on some real estate mistakes that I didn't know about all these years.

Some reviewer noted that this book doesn't show you how to plan for the various tax laws. He must not have read the same book that I read because this book has a lot of specificity on what to do with each applicable law.

In short: I have given a copy of this book to my son and daughter. That should tell you what I think of the book.

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