what is the best way to avoid taxes?
If you will not work you will not pay taxes. If you do work (self employed) make sure to collect all your expenses because they will be balanced against the tax money you have to pay. and most important get a good accountant, don't be cheap, the better and more caring the accountant, the less you pay...:)
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As Benjamin Franklin said
In this world nothing can be said to be certain, except death and taxes
The best way to get out of paying taxes is simply to not pay them but then of course you'll find yourself in trouble. The second best way is to get an accountant who will make sure you use all the loop holes in the law.
Have a good week.
Taxes can not be avoided.
Any tax system will allow for deductable costs to facilitate the establishment and maintenance of businesses and for the generation of retirement wealth so that citizens will not be a burden on society in their elder years (401k or RRSP).
These are the two areas that allow and encourage not paying taxes and that you may be able to use.
Keep in mind that taxes are used for infrastructure, sewage treatment, police services, etc.
Oh, Warren Buffett pays taxes.
Also, if you don't play chess, you will never lose a game. Same with not making money.
"The single best way to avoid taxes is to earn as much tax-free income as possible. ..." Lower Taxes in 7 Easy Steps by Stephen Fishman Attorney.
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