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Lower Your Taxes - BIG TIME! 2015 Edition: Wealth Building, Tax Reduction Secrets from an IRS Insider, 6th Edition by Sandy Botkin

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2

How to Deduct Your Fun

Taxes are the price that we pay for civilization.

—Oliver Wendell Holmes, Jr.

I’m proud to be paying taxes in the United States. The only thing is, I could be just as proud for half the money.

—Arthur Godfrey

You are going to love this chapter. It deals with deducting your fun and audit-proofing your records for the Internal Revenue Service (IRS). It also will cover some exceptions that most people and even most accountants don’t even know about. It will apply to you if you have a small business but also if your job requires you to entertain prospects or subordinates in order to obtain more business or to help motivate employees.

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