Download or read book Creative Tax Strategies for Creating Financial Freedom written by Kara Krystina Ostroski-francis and published by CreateSpace. This book was released on 2012-04-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: “If I can share with you how owning your own business can save you thousands of dollarsa year and help you to create financial freedom, would you be interested?” —Kara KrystinaIn her latest release, Creative Tax Strategies For Creating Financial Freedom, Kara Krystina Ostroski-Francis, Esq. takes pleasure in enlightening her readers on the significance of business ownership, the tax advantages available to business owners, and, ultimately, the way owning a business can be one of the greatest tools for creating financial freedom for families.In addition, Creative Tax Strategies For Creating Financial Freedom, educates readers how being a small business owner can save you thousands of dollars a year for life and how to create financial freedom for you and your family. As a tax, corporate, and business attorney, it is Kara Krystina's deeply held belief that everyone should own a business. Please understand, Kara Krystina does not advocate that anyone leave his or her present employer or that you will need to leave your employer in the future. What Kara Krystina encourages in her book is even if you are employed, it is in your best interest to be involved in some additional business venture that is separate and apart from your employment. Why does Kara Krystina hold this belief that everyone should own a business, separate and apart from their employment? Simply stated, Kara Krystina's foundation for her belief is centers on three (3) fundamental business principles. First, acquiring multiple streams of business income is more advantageous than receiving additional employment income. Second, owning a business will make you better off financially than a second income because the tax laws for business owners are more favorable than the tax laws for individuals. Realize, business owners have the opportunity to take many personal expenses that they incur daily and transform those into business expenses within the guidelines of the tax code. And, third and quite possibly the most important of the business principles is a business owner's ability to fund his or her own retirement with incredibly large tax-free contributions each year.If you are considering starting your own business or are presently a sole proprietor, self-employed individual, or a small business owner read Creative Tax Strategies For Creating Financial Freedom and learn how to• have a blast in your business, entertain more clients, give gifts and travel more• transform personal expenses into business expenses• save yourself, your family and your business hundreds, but more likely thousands a year• lower your taxes every year, indefinitely• and most importantly, fund your retirement with incredibly large tax free contributions, all within the guidelines of the tax code.Read this book in its entirety, put into practice the tax deduction strategies outlined, and join other sole proprietors, self-employed, and small business owners on the path to creating financial freedom. This book is part of the SIMPLY STATED SERIES. Similar to Kara Krystina's other writings, you don't need a business degree to understand the material, nor do you need a business background, or previous business ownership experience. This book follows the same basic format as Tax Deduction Strategies Simply Stated and is more or less a reader's digest guide on tax deductions and tax deduction strategies for sole proprietorships, the self-employed, and small business owners.“I believe my reader-friendly writing style conveys the importance of owning a business, highlights the tax advantages available to both businesses and business owners and ultimately, the way owning your own business, trade, or profession can be one of the most beneficial means to help create financial freedom for you and your family.” —Kara Krystina