Richard R. Sylvester, J.D., Ph.D. is pleased to announce the release of a new book, Tax Planning, 2025-2035, Tactics and Strategy,  now available  from Amazon and leading bookstores.   This book clearly explains how to qualify for tax credits, one-year depreciation, and non-recognition of gain to substantially reduce your taxes.   This book explains the  details of the new tax law, One Big Beautiful Bill Act,  signed on July 4, 2025.  This book includes a discussion of  significant code sections and dominant case decisions.
      
This  book clearly explains the underlying economic factors which allow high income with low taxes.   Congress designs tax laws to stimulate the economy.  Tax incentives are designed to reward active investments, and to discourage passive investments.   Passive investments, such as securities transactions, lack leverage, lack depreciation, and lack tax credits.   Tax credits reward expenditures for research,  disabled access, and low income housing .       
       
This book provides a clear explanation of  how to structure financial transactions to reduce income tax and increase long term wealth, based on long-term planning. By comparison , typical tax books show how to calculate the amount of tax to pay this year, without explaining the actions to take now to reduce future taxes.  
 
The book includes the line-item pages of two tax returns, one for employees with Adjusted Gross Income of  $232,282, and one for a retired couple with Adjusted Gross Income of $29,238.  Based on careful structuring of transactions, both returns show zero tax.  This book includes the details of special deductions, such as extraordinary obsolescence and  rental activity loss.   This book explains tax laws which  allow non-recognition of gain for specified  circumstances.
This book is essential reading for all persons who want high investment yield combined with minimum tax.  Although many taxpayers already have a CPA and a tax attorney, this book contains information that is known only by specialists in tax law.   Several accountants and attorneys have purchased prior editions of this book for their continuing education.   
               
As an expert witness over two decades involving over 2,000 cases,  the author was retained by attorneys and the Board of Directors of major firms, to comply with federal tax issues.   The author was retained by the IRS for over six years to provide expert assistance for several large tax cases, including a case involving over $700 million in income tax.   
               
Background Information
 
 
Richard R. Sylvester, J.D., Ph.D. is a mathematical economist. He has over thirty years of professional experience, including the corporate staff of Fortune 500 firms, including General Motors and Hughes Aircraft.   He has served on the division staff of several firms such as Lockheed California Company, TRW Systems Group, General Dynamics, and Northrop-Grumman. For over two decades, he has been retained by major law firms and the Board of Directors of major corporations to value corporate stock. As an expert witness on valuation issues,  he was selected by major corporations such as Comsat and Pioneer Electronics.  He has qualified as an expert witness in Federal District Court, U.S. Federal Claims Court, and California Superior Court.  As a qui tam plaintiff, representing the U.S. Government, he was awarded $825,000.  For two cases, he prepared the Petition for Writ of Certiorari to the U.S. Supreme Court.
 
For over three decades, his background has been listed in Marquis Who's Who in the World, Who’s Who in America, and Who's Who in Finance and Industry (1980-2019). He won competitive academic awards from  the Ford Foundation, General Motors, the U.S. Federal Government, and the Regents of theUniversity of California (1957 - 70). He was a featured guest speaker at the 1980 national economic seminar, sharing the speaker’s podium with former President Ford. He was the featured economist on ABC Prime Time Live, June 27, 1991, a documentary nominated for the Emmy.
 
For two decades, he has taught economics, business law, quantitative methods, and management atUCLA, USC, Pepperdine, Loyola, University of Redlands, and California State University.  His education includes  a J.D. from Loyola Law School; Ph.D,  UCLA,  Economics, Management;  and  MBA, University of Southern California.
 
The  email address of the author is  rrsylvester@me.com