How to save on taxes?
One of the biggest burdens on becoming financially successful is leakage. When I mean leakage I mean fees and unrelated costs to any investment. The biggest leakage of all is TAXES! Most people look to invest in their retirement accounts for a tax kickback. What most people do not realize is this is tax deferred, not tax deductible; when you go to take that money out after it grows, apparently tax free, the government comes along and takes a big bite. So what can we do? The answer is simple – TAX SHELTERS! There are a lot of shady tax shelters and programs out there and finding one that works is a nightmare. I do know of one tax shelter that is completely LEGAL. I do not recommend ever not paying your taxes or illegally avoiding them. In Canada there is a shelter under the company F.A.S.T or C.O.I.P that donates money to people with AIDS in Africa, a truly needed cause. In Canada the government has donated to date ZERO dollars to help AIDS in Africa! COIP with this program has donated at this time over 180 Million dollars and growing. The program is very complex but someone is there to help you with it the whole way even if a TAX man comes a knocking. On the short end of things you end up investing on credit which only needs to be paid back in AIDS cocktail medicine.
So, for instance you end up donating in unit’s 1400 dollar intervals. Depending on the month you invest the return is different, so people donate all year instead of all in December before the year is out. Your 1400$ goes to COIP to buy AIDS drugs on an open market which end up being worth 8400$ dollars 43% of which is tax deductible giving you a tax return of 3507$. So you actually made money donating to aids in Africa! That’s the gist of it anyway. I personally know people that have done this through this program and saved tones for reinvesting. If you would like a more in depth analysis of it there are training seminars as well as REAL people you can talk to and meet up with through the organization. You can visit their website at Fight Aids Save Taxes
I’m personally not a member of this program or get any kickbacks of any sort from it. I would advise you to consult an accountant before doing anything you don’t understand, and I would definitely watch the Presentation
Kelly Parks
wealthforinvestors.com





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