Lower Your Taxes - BIG TIME! 2019-2020: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider Paperback – December 6, 2018

Written by a tax attorney, this handy little book opens up a world of ideas and possibilities for investing your money smartly, in yourself and your family and doing it legally. This is more than a guide to tax shelters, this is a real grass roots, approachable manual for continuing to invest in middle America. If you, like I are shortly becoming an empty nester, and beginning to recognize that your hard work and dedication for the past few decades has resulted in one hell of a tax bill, especially as your deductions move out on their own.. this book gives you real ideas for investing your hard earned money back into the future of yourself and family by creating a small business. This strategy ensures that Americans continue to realize the American Dream by investing in themselves and working for themselves.An added benefit of reading this book at this time in my life, is that I have been seeking a way out of the rat race, a way to slow down and enjoy this little nest I have built for myself while still living an active life style and contributing to my society. This book has given me some solid strategies for accomplishing all of that, while protecting my earnings.This is a must read for middle Americans

There is alot of good information in this book. As a person who is most interested in lower my tax obligations. I highly recommend thus read.

I bought the previous edition of this book and have used it for a few years. This one is just as detailed and includes all the latest info needed after the TC and J Act was passed.An interesting comment in the book is that unless you earn in excess of $250,000, you won't see much benefit from the new legislation.I suggest everyone reads this book before either doing their own taxes or works with a tax pro, both so they understand the philosophy and the rules associated with - in my case - small business issues and because, as the author says, many tax pros do not fully understand the tax laws.

Great tax book by Mr Sandy Botkin! I have bed. Buying his books and following his tax advice for 10+ years!

The color is vibrant

A great tax savings book for those looking to save on taxes through owning a business or real estate. You don't have to own a business, but this will give you cause to start something small to tale advantage of the table benefits. Botkin is easy to read and has great anecdotes. Last conversational. Highly recommended.

I purchased this book in conjunction with a few others to help me be sure I am on top of my taxes. This book tells you enough about each topic so that you can take advantage of possibly lesser known actions you can take. Lots of examples & author commentary to help you grasp the concepts and recognize pitfalls. Read it in the voice of your favorite "accountant". Not page turner but a good topical reference book to have on hand.

There are some statements in Mr. Botkin's book that are wrong and there are some grammatical errors, also.An example, is page 59. First, he doesn't even identify whether he's talking about the 179 deduction or bonus depreciation. I assume he is speaking of the 179 deduction when he states that used trucks must have a 6 foot or bigger cargo bed to qualify for the exception to the $25,000 write-off limitation pertaining to the179 deduction as it applies to vehicles over 6,000 pounds. (You can write-off up to 100% of the cost of the vehicle as a 179 deduction if the truck bed is 6 feet or longer). However, the 6 foot or bigger cargo bed applies to both used and new trucks, not just used ones. Where he got the idea it only applied to used trucks I have no idea. (See chapter 4, page 16, of IRS Pub 463) I suppose this isn't too important when you can take the $25,000 179 deduction, then apply the 100% bonus depreciation allowance to write off the rest. Still, he isn't accurate in what he states.I found numerous grammatical errors. I'm not going back to find them, but here are two examples, page 59 &60, (1) "As a result of the new Tax Cuts and Jobs Act, in 2018 and theereafter" and (2) "This is what you would deduct in the year that of purchase." Huh? Leaves me with the impression Mr. Botkin doesn't know all that he claims, nor does he care to proof read his own book.Best I can do is give the book 3 stars.