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I’m The Taxman

Apr 11, 2009
Financial Topics
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Let me tell you how it will be;
There’s one for you, nineteen for me.
‘Cause I’m the taxman,
Yeah, I’m the taxman.

Should five per cent appear too small,
Be thankful I don‘t take it all.
‘Cause I’m the taxman,
Yeah, I’m the taxman.  – The Beatles

 As Tax Day arrives here in the United States, the amount of taxes you pay can be greatly affected by how you have chosen to setup your business.

 

One of my core beliefs is that we owe it to ourselves (and our businesses) to pay the lowest legal amount of taxes. This is an area that we are going to explore in more depth over the next four days leading up to April 15.  How to legally pay less taxes…

 

I hope that you all have an awesome Easter Sunday…

 

Rob

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17 Comments
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16 Comments

  1. Duane CunninghamNo Gravatar (51 comments)  •  Apr 11, 2009 @7:26 am

    OH YEAH!!

    Tax time…lol I like you believe in the legal reduction of the amount you give away from all your hard earned effort! The less the better!!

    Enjoy tax time….still a few months away here in Australia!

    Duane

    Learn Winning Persuasion
    Techniques that Work Like Magic by Tapping Into the Psychology of
    the Mind with Persuasion Expert Duane Cunningham!

    Reply

  2. JJ JalopyNo Gravatar (57 comments)  •  Apr 11, 2009 @7:48 am

    Great song!

    Just need to move to the states so I can take advantage of your advice!! :-)

    Anyone got a free couch! ;-)

    JJ Jalopy
    Life Coaching and Home Business Advice with JJ Jalopy

    Reply

  3. John HoNo Gravatar (86 comments)  •  Apr 11, 2009 @9:31 am

    As one Australian tycoon once said in a tax inquiry into his business affairs said in court: “If you pay more than tax than you shold be, then you are a blood idiot!.”

    John Ho
    Understanding Personalities for Better Influence & Persuasion (WordPress)
    Understanding Personalities for Better Influence & Persuasion (Vox Blog)

    Reply

  4. Sonya LenzoNo Gravatar (30 comments)  •  Apr 11, 2009 @10:47 am

    The next posts should be interesting, Rob! And timely as well.
    SunnyMarie
    Glamour and Glitz
    http://www.sunnymarie.wordpress.com

    Reply

  5. Steve ChambersNo Gravatar (103 comments)  •  Apr 11, 2009 @11:11 am

    I still haven’t figured out how the idea that a portion of everything I make belongs to the government, or anyone else for that matter. It’s my money and I should take every effort to shield it from theft, especially theft form the government who, as we can see, can’t seem to manage their own financial affairs and need to steal more and more money from citizens like me to finance their corrupt and wasteful ways.

    Get a corporation and keep more of your hard earned cash.

    Steve

    Reply

    April BraswellNo Gravatar (73 comments) Reply:
    April 12th, 2009 at 3:59 pm

    Amen to that, Steve! I have a similar and different vantage point. I’m always wondering about all the programs and initiatives which must be paid for that the government runs. I’m always wondering, “WHAT on EARTH business is that of the GOVERNMENT?”

    Life
    Liberty
    Pursuit of Happiness

    There just are NOT a lot of things the government should be running. Roads/Freeways, infrastructure, police, armies (I still like the militia model from the 18th century but that is so States’ rights oriented…) yeah, those I get it. All the social welfare? huh? why why why

    Rob, GREAT song selection. Of course, anything by The Beatles and you have my attention anyway.

    All the best,

    April Braswell

    Online Dating Sites Review, Internet Dating Sites Guide

    Reply

  6. Darryl PaceNo Gravatar (66 comments)  •  Apr 11, 2009 @1:54 pm

    Rob,

    Looking forward to your posts on legally reducing taxes as much as possible. This is an area I’m very interested in.

    Health, Fitness — Darryl Pace

    Reply

  7. Pam SchulzNo Gravatar (48 comments)  •  Apr 11, 2009 @2:01 pm

    We fully agree! The less tax paid -while remaining within the framework of the law- the better! Looking forward to your posts on ways to reduce one’s tax bill.

    Hopefully, the “Tea Parties” to be held around the country (USA) on April 15th will be well attended and send a message to Washington!

    Pam
    Great Minds, Great Wealth: How to Raise your Return, Reduce your Risk, Cut your Cost

    Reply

  8. jc mackenzieNo Gravatar (48 comments)  •  Apr 11, 2009 @2:04 pm

    I would be very interested in this information, I’ve never been able to deduct very much. I certainly look forward to changing that.

    Thanks
    JC

    Reply

  9. Lynn LaneNo Gravatar (57 comments)  •  Apr 11, 2009 @3:09 pm

    Sounds good to me Rob.
    I got to do my taxes monday. Talk about external motivation!

    Stevie Ray Vaughn did a Great version of this song.

    Lynn Lane

    http://www.Warriorofsuccess.com

    Reply

  10. Yann Vernier - ProfitsTactics.comNo Gravatar (38 comments)  •  Apr 11, 2009 @5:07 pm

    I look forward to reading your insights on how to legally pay less taxes in the US.

    I’ve recently been trying to better understand the French tax code to assist my mother. I bet comparing both systems will be interesting!

    All the best,
    Yann

    Reply

  11. Bob KauferNo Gravatar (49 comments)  •  Apr 11, 2009 @5:50 pm

    I think you have all of our attention on this one.

    Thanks

    Bob Kaufer
    If you MOVE like the Tin Man, you will THINK like the Scarecrow and FEEL like the Lion

    Reply

  12. Christian HallerNo Gravatar (48 comments)  •  Apr 11, 2009 @7:33 pm

    This going to be advice I really need as I’ve just started two new businesses.

    Christian

    Reply

  13. markNo Gravatar (3 comments)  •  Apr 11, 2009 @8:07 pm

    I do not think many people will disagree with your tax philosophy. Mark

    MarketingScoops

    Glacier Ice Cream

    Reply

  14. Don ShepherdNo Gravatar (44 comments)  •  Apr 11, 2009 @11:20 pm

    When Rob talks, people listen.

    i think i’ll file an extension until i get all the scoop.

    Don Shepherd
    oregon or bust

    Reply

  15. Pat BeckerNo Gravatar (40 comments)  •  Apr 15, 2009 @2:43 pm

    Got me singing on this one. Like April and most of your followers, I just don’t get it that the government needs all this money from me and bridges are falling down. I grew up in Kern County, CA. We joked about how the pot holes got filled in election years. Taxes don’t go for ongoing goverment responsibilities, they go to buy votes was the lesson I learned very early.

    -Pat
    Business Owners Fast Track to Internet Profits

    Reply

  16. David PowerNo Gravatar (42 comments)  •  Apr 19, 2009 @7:39 pm

    Rob well i know we would all prefer you to be our taxman than Her Majesty’s Inland Revenue!!!
    Expert in Medical Hypnosis, Success Thinking and Practical Parenting

    David Power’s Hour

    Reply

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