Secrets Of The Us Tax Code

Misunderstanding The Internal Revenue Code Costs Americans About A Trillion Dollars Every Year FOOD FOR THOUGHT For the past one-hundred and four years of its existence, the U.S. Internal Revenue Code has been ridiculed, feared, and despised by virtually everyone. And why not? As presented by the Internal Revenue Service, the Code appears illogical, inconsistent, and incomprehensible. The Code defies practically the entire Bill of Rights- requiring citizens to testify against themselves, allowing searches and seizures without warrants, levying fines and penalties without trials, and imposing a tax on our basic right to earn a living. As presented by the IRS, the IRC would appear to turn everything we all thought we had learned in grade-school English and Civics on its head.

Fascinating and candid, IRS Secrets from the Nation's Cash Register examines the inner workings of the Internal Revenue Service as well as its relationship to the federal courts. Author Julian Chitta - who worked for eight years at an IRS center as a collection agent - shows us how the IRS is stacked against the US taxpayer. This unique book provides a qualified snapshot of the workings of the fourth branch of the government, and shows how it has outlived elections, administrations, and congressional whims to form a specific power base for its own interests. IRS Secrets from the Nation's Cash Register spares nothing and divulges important information that Americans need to know. About the Author: Julian Chitta, a retired electrical engineer and a former US Merchant Marine Captain, lives in Kingsland, a small Texas rural community, where he enjoys hunting and fishing. His motivation in writing the IRS Secrets was to impart critical information to the American taxpayer, the most important person in our political system.His respect and admiration for American taxpayers permeates every single page of this book, as he suggests practical ways to deal with federal tax problems and how to avoid them. Previously, Mr. Chitta has written technical manuals, short stories, books on folk medicine, and on fresh water fishing. His style is unpretentious, giving the reader valuable technical information in a direct, conversational manner. Publisher's website: http: //www.sbpra.com/JulianChitt

Inside the secret culture of the IRS.

A detailed history and analysis of the actual statutes behind the Internal Revenue Code revealing the surprisingly limited reach of the American income tax.

"Filled with sample tax forms, state-by-state hot lines, and more than a thousand insider secrets, this widely acclaimed book - a Business Week bestseller - reveals the critical strategies that the best CPAs use all the time to file shrewd, legal, money-saving returns every year." "With tax laws constantly changing and existing regulations hidden in often inaccessible, voluminous tax codes and IRS bureaucracy, businesses and individuals in every income bracket need expert advice that cuts through the complexity and confusion. In this completely updated version, the authors explain the newest IRS weapon, "economic reality audits," and which markets revenue agents are being trained to target, plus the thirteen biggest misconceptions taxpayers have about their returns. There's also a brand-new section on the latest tax legislation - what the most crucial laws are and how they affect you."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Completely updated for 1999, this national bestseller is packed with hundreds of insider secrets on how to beat the IRS at its own game. This guide shows how to work within the system to save money, prevent audits, take advantage of loopholes, and avoid being an IRS target. Charts, graphs, sample tax forms.

When looking at a monthly brokerage statement, an investor’s eyes go straight to the bottom line—the account value. But there’s a catch. If you have big gains and decide to play it safe and take some of that money off the table, taxes will take a hefty chunk of those profits. Brokerage firms know how to handle such risk for their own accounts, hedging holdings, for example, to iron out volatility instead of incurring taxable capital gains. Savvy individual investors can use the same techniques to protect themselves. In this indispensable guide, Robert Gordon, a Wall Street veteran, shares the strategies of an insider to demonstrate how you can use the tax laws to your advantage. Written in plain English, this book explains federal and state tax considerations that investors need to know to make the most tax-efficient choices and to protect their portfolios. The emphasis is on practical application, aimed at guiding you to specific, accessible tax-saving goals without having to wrestle down the entire Internal Revenue Code. Thanks to the talents of Gordon and respected journalist Jan M. Rosen, this book is clearly organized along transactional lines, offering easy entry for busy readers and allowing investors to zero in on a powerful array of proven, tax-minimizing techniques and strategies. By the time you finish reading Wall Street Secrets for Tax-Efficient Investing, you will be on your way to reducing your tax bite to a nibble and enjoying the full benefit of your investment earnings.

Inside this book, you'll find more than 20 little-known (but proven) strategies for generating safe, steady income from almost anywhere in the world--without touching complex investments or working some thankless job.

A powerfully persuasive and thoroughly entertaining guide to the most effective way to un-rig the economy and fix inequality, from America's wealthiest “class traitors” The vast majority of Americans—71 percent—believe the economy is rigged in favor of the rich. Guess what? They’re right. How do you rig an economy? You start with the tax code. In Tax the Rich! former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers on an engaging and enlightening insider’s tour of the nation’s tax code, explaining exactly how “the rich”—and the politicians they control—manipulate the U.S. tax code to ensure the rich get richer, and everyone else is left holding the bag. Blunt and irreverent, Tax the Rich! unapologetically dismantles the “intellectual” justifications for a tax code that virtually guarantees destabilizing levels of inequality and consequent social unrest. Infographics, charts, cartoons, and lively characters including “the Werkhardts” and “the Slumps” make a complicated subject accessible (and, yes, sometimes even funny) and illuminate the practical reforms that can put America on the road to stability and shared prosperity before it’s too late. Never have the arguments in this book been more timely—or more important.

"Unlocking the Secrets of US Property Tax: Maximizing Your Deductions" is an insightful guidebook crafted to aid property owners in navigating the intricate realm of property taxes within the United States. Authored by tax experts well-versed in real estate taxation, this book serves as a comprehensive resource, shedding light on the complex landscape of property tax deductions while offering strategies to optimize tax benefits. It begins by unraveling the fundamentals of property taxation, explaining the nuances of various tax deductions, exemptions, and incentives available to property owners under the U.S. tax code. The book delves into a myriad of topics, ranging from understanding assessment methods and valuation techniques to exploring deductions for primary residences, rental properties, and commercial real estate. It elucidates lesser-known deductions and loopholes while emphasizing compliance with tax laws and regulations. Moreover, "Unlocking the Secrets of US Property Tax" provides practical tips and case studies to illustrate how property owners can leverage these deductions to their advantage, ultimately helping them minimize tax liabilities and maximize their deductions within legal frameworks. In essence, this book is an indispensable tool for property owners seeking to navigate the complexities of U.S. property taxation. By unraveling the secrets of property tax deductions, it empowers readers to make informed decisions, optimize their tax benefits, and effectively manage their property tax obligations, ultimately contributing to a more strategic and financially sound approach to property ownership.