A Chat With an Old Boss
I used to clean a cell phone store when I was in High School many years ago. This was before every mall had three or four - hundred - kiosks celling sell phone services [it's SIC, I know]. My boss from then happened to be in town last week and I met him for lunch. He and I chatted about different things that had been going on and our discussions turned to being independent contractors or business owners. Because we could potentially pay a lot in taxes due to our work arrangements he threw around some ideas that would be good for me to discuss with an accountant. The problem for me is finding one.
I called one before and the guy was nice, but he played it conservative. He wasn’t willing to really investigate with me some ways to cut down on my taxes and help me maximize my honest tax savings. I’m not interested in not paying taxes, I don’t want to be involved with fraud, I just want to save as much as possible so that future me isn’t sad that he gave away so much money to the government. What do you do to save money on taxes?
I’ve got the book ‘Lower Your Taxes Big Time‘ and it has some good ideas, I just need to find a local accountant with ethics and a spirit of saving on taxes at the same time
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August 27th, 2007 at 7:13 pm
I became a teacher and had 2 kids and haven’t paid taxes (honestly) in years. The down side is that, being a teacher, I can’t even afford a house in the city where I teach. However, many retail stores give discounts to and have special promotions for teachers, so often I get coupons and savings on clothes (to keep me looking professional) and other items that I need to help me be a better teacher.