Tax Reality or Tax Fantasy? explores the difference between legitimate tax strategy, poorly executed tax planning, misleading social-media advice, and outright tax scams. Efrem Keith Simmons breaks down write-off myths, trusts, child employment strategies, Offers in Compromise, fake LLC and EIN schemes, state and local tax compliance, S corporations, foreign-owner myths, and the costly consequences of claiming a strategy without completing the required execution.

Best For:

• Entrepreneurs and small-business owners
• Anyone using or considering LLC, S corporation, trust, or family-employment strategies
• Business owners overwhelmed by conflicting tax advice online
• Taxpayers considering an Offer in Compromise
• Owners concerned about state, local, licensing, or entity compli ...