Tax Tips for Home Base Business Owners - Hear from Former I.R.S. Attorney

FORMER IRS Attorney Sandy Botkin says you have to be brain dead not to do this! So you think the government is out to rob you of all your hard-earned money? Every time you hear the word "tax," you recoil in fear? Cheer up! It's not that bad--especially if you're a business owner. Tax expert Sandy Botkin, author of Lower Your Taxes Big Time! and a former IRS attorney, says there is hope for all us saps who just hand over our paychecks to Uncle Sam. Read on for Botkin's tips on taking advantage of tons of business tax deductions--all within the letter of the law. First of all, understand something: We have two tax systems in this country. [Many] times people think there's one for rich and one for poor. That is a huge myth. What the systems are is one for employees--people who don't know the rules, which are designed to take your wealth--and one for self-employed people, [the rules of] which are designed to create economic growth. The reason for that is, small business generates over 70 percent of the jobs in this country. So Congress passes good tax laws. And there are good tax laws--let me emphasize this--for small business. http://www.youtube.com/watch?v=Z4gwVtYD3zA&feature=autofb