It’s the start of a new month and that means it’s time for the highly anticipated blog income report. Way back in September 2006, which seems like forever in Internet time but it’s really only 10 months, I made the decision to use this blog as a monetization case study. I wanted to see if it was really possible to […]
Read MoreHow do you feel about commentators leaving their signature in their comments? Most commentators on this blog don’t leave a signature because their blog or web site is already linked in their name. I can understand why a signature is needed for a forum but is it really needed for a blog? For those reader who like to end their […]
Read MoreThis is the final part of my series on top ways to avoid income tax. If you miss the old posts, you can read part 1 here and part 2 here. The Offshore Corporation This is the favorite playground of the rich. It is estimated that one-third of the world’s wealth (over $5 trillion) is held offshore. This is a […]
Read MoreHere go again! I have another copy of the The 4-Hour Workweek to give away. If you didn’t win Timothy Ferriss’ book the last two times around, you now have another shot at it. The 4-Hour Workweek is one of the best book I’ve read and if don’t win it, then I highly recommend you go down to the local […]
Read MoreThis is part 2 of my series on the top ways to avoid income tax. In case you missed part 1, you can read it here. The Principal Residence Flipper I have a friend who likes to buy the cheapest house in the best neighborhood. While living in it, he would fix it up and renovate it. After the renovations […]
Read MoreIt is the right, and IMO, duty of every citizen to structure their financial affairs to pay as little tax as possible and to avoid paying taxes whenever possible. Tax avoidance is not illegal, tax evasion is. The two are completely different from each other. Avoiding income tax is not the same as evading it. If you have ever contributed […]
Read MoreJust 26 days after passing the 6,000 RSS readers mark, this blog has broken the 7,000 RSS milestone – the FeedBurner chicklet is showing 7,107 RSS readers. What that means is 7,107 people read this blog with the full feed RSS yesterday. Today’s figure will be available tomorrow. I predict it will go higher. I have wrote several articles on […]
Read MoreWhen a business hires employees, they can write off the full cost of the workers because the money paid to employees for work is taxable income. This helps maintain the “income should only be taxed once” rule. If the business can’t deduct the cost of employees then it would be paying them with after tax dollars. Then the employees gets […]
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