Added: 4 years ago
From: taxsavingsman
Views: 1,888
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  • Wow, you don't get it at all! By forming corporations, these people are 100% liable for income taxes since corporations are ALWAYS liable for income tax. Please read Peter Eric Hendrickson's book, "Cracking the code". Chances are, many of these people will have a FAR lower income tax liability WITHOUT forming a corporation.

  • Pete's "theorys" have been debunked, his followers are getting in trouble with the IRS and Hendrickson himself is as well. I own the book you speak of, I would not follow the advice in there.

    The IRS sucks, just vote for Ron Paul and let him eliminate the IRS..

  • You say that Pete's theories have been debunked. Who and where? I'd really like to read it for myself. I DO plan to vote for Ron Paul, letting him kill the IRS saves me a lot of headaches.

    Thanks

  • Quatloos dot com. The site consists of very cynical tax professionals, Pete is one of their biggest topics of discussion nowadays.  There are numerous threads in the message board of CTC people debating with the tax pros. The tax professionals seem to be winning the debate.

  • While the site consists of IRS apologists, it is a very good site for learning about the tax code, and viewing the IRS's side of any given tax issue. With so many tax theories out there it is good to see the other side of any given arguement. I wish Pete's assessments were true, I'm not convinced however at this point. (I did buy Pete's book).

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