Is it feasible for a prudent investor to reduce federal income tax and even pay zero tax? The primary approach is to plan ahead, and to structure your affairs so that your depreciation and tax credits result in minimum tax.
My software quickly calculates the tax due for each alternative that you provide. Then, through iteration, you can quickly determine which investments will provide the lowest tax and the highest cash return. This software provides the format for data entry from your bank and credit card statements. Then, the software calculates the working papers and the resulting lineitem data for your tax return.
My digital audio clearly explains the approach and the background, so you can understand the relevant tax law. My book provides critical details, important statutes, and dominant court decisions, including examples of tax returns with zero income tax based on prudent investments.
To prevail in court or negotiation, retain the best expert.
Richard R. Sylvester, J.D., Ph.D. has been selected by leading trial attorneys and the boards of directors of major corporations. Retained by the IRS as an expert witness for major tax cases.
Minimum income tax requires structuring of investments to allow high deductions combined with nonrecognition of economic income. For example, the amortization of intangible values can be a substantial deduction, as authorized by 26 USC§197.
The accurate evaluation of corporate stock essential for employee stock option plans, solvency opinions, fairness opinions, and tax returns. An independent valuation expert is required, Sarbanes-Oxley Act, Sec. 201, 206; 15 USC §8j-1(g)(3).
Partial Interest Value
The value of a partial interest is
substantially less than the undivided whole ownership. The
reduction in estate and gift tax based on the discount for
partial interests is important for large estates.
Value of Intangible Assets
The accurate evaluation of
assets is essential for:
Initial public offerings
Acquisitions and leveraged buy-outs
Solvency opinions to protect positions of lenders.