There are some methods the average person can use to put cash money in their pockets and not have to pay income tax on the cash.

Contrary to popular (in other words a typical misconception) the average person CAN use the techniques of the "wealthy".

What is the difference? Well the difference is that the wealthy can afford to hire certified public accountants and legal counsel to prepare plans and implement the plans. In addition the "wealthy" take action to implement the methods.

You now have found a certified public accountant who has setup some of these plans (in fact most of the plans) and ideas on the new site "Consulting On Line" (copyright). This is a new concept which brings the planning expertise to your own office at an affordable price.

Here are the methods to put tax free cash into your own pocket. The Internal Revenue Service will not tell you. You attorney may not not. Your attorney certainly will not donate his time at no charge or on a reduced rate to tell you. Neither will your accountant tell you. Here are some methods to help you. Whatever method you choose, you should ask your CPA to make any specific warnings and test your specific circumstances to each method.

The cliché "WARNING! Do not try this yourself! A skilled professional must do this!" certainly applies to all compliance and planning issues.

More tips to be added in the near future!

 Municipal Interest Income:

What? Income paid by a local government entity or quasi-government entity is tax free.

How? You can invest/buy these types of investment in many different ways. Many of the ways do not require a large bank account to get started. The wealthy person will have the investment funds to purchase the bonds themselves and still attain appropriate diversification. The average person will still want to diversify. Therefore, that average person will want to purchase their municipal interest (bonds) by using a pool of average persons buying them together. These "pools" are known as municipal bond funds and municipal bond unit investment trusts.