Here's how you can pay less tax!

As Benjamin Franklin once said, "in this world nothing is certain but death and taxes." Like most people knows, although there are so many things that you can do to reduce your tax, there is always a limit as to what you can do. You can invest up-to max in your 401k investments as well as have a mortgage, none provides much tax sheltering as much as you would like.

Now you can expand amount of deduction by far more by doing little more work but still doing what you would normally do. The best way to shelter your money from tax it by owning your own business! It does sounds like lots of work, but that not necessarily true. All you need is "profit motive" which comes with owning your business. Pick-up one of your hobbies and you can open up the business and just show "profit motive" and you can legally generate lots of deductions as a business expanse which can save you lots of money and end up not paying any taxes what so ever and government can even pay you $$$. Make sure to keep all the deductible reasonable and be able to justify the costs.

Too bad, I'm only here with temporary working VISA which doesn't seems to allow me to run my own business... -__-

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