stormwatch89 wrote:boards of FL wrote:I'm interested in hearing how he handles inquiries to his tax returns once that audit is finished.
Brilliantly. He's admitted to not paying in some instances. Boards, that's the business mind we need.
I look for every loophole and think most of us do.
None of us want our dollars spent recklessly and we all know that Gov knows no other way.
When I was active in sales, for many decades I met with my CPA each September. We reviewed the current year and made plans and goals for the next year and five years. How much I should contribute to charities the current year. How many houses I should buy, if any, how much, if I should sell any, if I should buy a car or not, if so, what kind. In the 70's or 80's, I don't recall which, I bought a huge SUV which I hated because of a $25,000 tax credit. All of it was done with the express purpose of legally paying the least amount of income tax possible.