Self-employed tax trap


#1

I recently read info that mentioned protecting yourself from the self-employed tax trap. Also, I am presently trying to decide the best entity for asset protection and am confused. Can someone guide me toward a book that you recommend that covers this?


#2

First be sure you are not combining apples and oranges. Are you interested in asset protection or privacy? Many people confuse the two.

For privacy the question is how to avoid your name showing up on very sophisticated asset searches anyone would want to do. One way is to use a Land Trust. This provides privacy but no asset protection. (Warning, many Guru