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you are here: DentalPlans.com > Dental Health Articles > Business > Business Owners Lower Your Tax Bill By 10k
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Updated: 9/23/2008 5:59:51 PM |
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 (ARA) - The pain of 2008 taxes have passed, so now is the time to start planning for next year. Make sure you are taking every legal tax break you deserve.
Tax Saving Attorney Drew Miles, J.D., has the strategies you need. He knows the inside tips that wealthy people around the country use to shelter their assets and income in order to pay less than 10 percent in taxes -- and he's willing to share them with you now.
"The super rich pay single digit taxes reportedly as low as 4 to 5 percent while you are getting creamed," says Miles. "Between Federal, State and Social Security taxes, the average American taxpayer pays between 30 and 50 percent in taxes. I want to help people recoup those losses and put that money back in their pockets, where it belongs."
To make this information widely available, Miles created an online presentation (Webinar) where he shares valuable tips on protecting your assets and slashing you taxes to the legal minimum. Visitors to his Web site can signup for the next Webinar and download Drew's 16 Page Special Tax Savings Report and List of 300 Deductions That Most Business Owners Aren't Utilizing. All of these, including the Webinar, are complementary in an effort to help Americans combat the slowing economy.
One of Miles's key points is that "it's not how much money you make that matters, it's how much you keep that counts." He points out that the two main wealth thieves are taxes and lawsuits. "Taxes chip away at your ability to build wealth," says Miles. "But lawsuits work kind of like this: everything is going along just fine. Maybe you've had your business for 6 months or a year. Maybe you've had it five years or a decade or more and everything seems to be going on the right track. But all of a sudden, out of nowhere, bang, you get served with papers. You get hit with this lawsuit and it can be devastating, because within less than 6 months, you can go from the top of the top to the bottom of the barrel."
Not only does Miles provide tax tips, he also shows you how to bulletproof your assets. He'll show you how to structure yourself in such a way that the bad guys would be worse off if they sue than if they had left you alone in the first place.
Miles urges business owners to use two asset protection "power tools," limited partnerships and limited liability companies, to shield their hard-earned money and businesses. These are legal entities which separate your personal assets from your businesses and investments, creating a firewall between you and the creditors and predators when used properly.
To signup for the next complimentary Webinar visit www.save10kintaxes.com and learn how to protect your assets and work the tax system like the rich do.
Copyright © 2008, ARAnet, Inc.
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