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<p>[QUOTE=&quot;silent_philosophy, post: 12382575, member: 343229&quot;]So, I think we have CPAs pop in every once and a while on here...</p><p><br /></p><p>The practice of starting an LLC for a business venture, and that business venture not panning out results in a loss. When filing taxes, this is a &#039;write-off&#039; and shrinks your AGI. </p><p><br /></p><p>Why is anyone paying taxes? McDonalds, Caterpiller, Starbucks, Apple, etc. They are billion dollar revenue corporations that report a profit to shareholders yet dont pay corporate revenue taxes.</p><p><br /></p><p>Anyway, what are other practical ways you fine gents avoid the Tax Coercion?[/QUOTE]</p><p><br /></p>

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