What is the first rule of building wealth?  It can only be built with “after tax” income. Thus, if you lower your taxable income, it gives you greater ability to create wealth.  If you are reading this article to find out how ‘not’ to pay any taxes, stop and don’t waste your time. You are better served looking at websites that will tickle your ears with schemes that offer you to pay no taxes on income. I would also suggest looking at sites on Federal prisons, because perhaps you can negotiate which one you would like to spend some time in after the Feds catch up with you for tax evasion.  Yes, it hurts to pay a large chunk of your income in taxes and yes it sucks.  But, in the U.S., the privilege to earn a large sum of money also comes [Read More]