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Ecuador Tax Day

Do not forget tax day if you are an American living in Ecuador.

You receive an automatic two month extension till June 15, but as you will see below US tax authorities have become increasingly aggressive in their approach to collecting tax on overseas bank accounts and assets.

However, retirement income can be enhanced by writing that reduces taxes.

Tax burdens can grow as we reach the age for our pinnacle career.  One of the biggest tax savings we have is making contributions to pensions but at a certain age the money that went in has to come out.  These withdrawals are income that is taxed.

Self publishing writers can gain many tax benefits when they are writing about what they love.

This is important because tax has been around as long as society and we cannot count on it going away any time soon.

How long has unfair tax been around?  Well before Marco Polo for sure.

Almost everyone knows of Marco Polo.  A recent post “Retirement Economics II – Power In Writing”  outlined a fact not many know about him.   His legacy remains not because he was a great explorer, but because he was a good writer.

marco polo

Marco Polo image from Biography.com

Marco Polo had tax problems.  Most people are not aware of Polo’s run-in with the tax tough guys.

Here is an excerpt about Marco Polo from Biography.com (bolds are mine):  Finally, after 17 years in Khan’s court, the Polos decided it was time to return to Venice. Their decision was not one that pleased Khan, who’d grown to depend on the men. In the end, he acquiesced to their request with one condition: They escort a Mongol princess to Persia, where she was to marry a Persian prince.

Traveling by sea, the Polos left with a caravan of several hundred passengers and sailors. The journey proved harrowing, and many perished as a result of storms and disease. By the time the group reached Persia’s Port of Hormuz, just 18 people, including the princess and the Polos, were still alive.  Later, in Turkey, Genoese officials appropriated three-quarters of the family’s wealth. After two years of travel, the Polos reached Venice.

75% tax. Wow! That is a big chunk. How can a tax man get away with that?

The answer of course is…”With the threat of violence and force”.

We learned in the message “Retirement Economics and Prestige” that “Max” Weber, a founding father of modern social science, defined the state as an entity which successfully claims a “monopoly on the legitimate use of violence”.

Regrettably western societies are using increasing amounts of violence even against their own citizens to collect tax.  This ranges from Cyprus type bank “Bail In” to jailing of tax offenders.

The US for example has used a lot of violence on those who have avoided tax by banking abroad.

A recent CNCB article entitled “From 2 Tax-Evasion Sentences, a Lesson Comes” by Kevin McCoy, shows how harsh the taxman’s violence can be.

The article tells how Palm Beach heiress Mary Estelle Curran, 79, inherited a bank account from her husband.

The article says:  Curran, like Canale, inherited the account — in her case from her husband, Mortimer, who opened it and controlled it through overseas bankers until his death.

And like Canale, the lawyers depicted Curran as lifelong giver and benefactor to national philanthropies such as The Red Cross, and local charities such as the Early Childhood Center in Palm Beach and a West 53rd Street soup kitchen in Manhattan.

“Strong mitigating circumstances favoring Mrs. Curran … make this far from the typical offshore tax case,” defense attorneys Roy Black and Nathan Hochman wrote in a sentencing memorandum to U.S. District Judge Kenneth Ryskamp in West Palm Beach.

When Curran learned in 2008 that the UBS account could be subject to federal taxes, she hired an attorney with the aim of coming clean to the IRS.

But that attorney delayed for approximately one month, Curran’s current lawyers wrote. As a result, federal investigators already had obtained Curran’s name and account data from UBS before she contacted them.

UBS agreed to give U.S. authorities information about thousands of present and former American clients under a deferred-prosecution deal. The agreement, which also included a $780 million payment, settled allegations that UBS sent its bankers on secret trips to the U.S. to help customers hide assets. The one-month delay in disclosing Curran’s information to the IRS made her ineligible for a leniency program, resulting in approximately $13 million in extra penalties, her attorneys wrote.

“Mrs. Curran received no immunity from prosecution and has been subject to the highest possible (IRS disclosure) penalty even though she made a good-faith effort” to come clean to the tax agency, her attorneys wrote.

The best way to avoid tax problems is first to earn enough so tax is not a burden.  Second, earn enough so you can afford a good tax preparer and tax attorney.  Third, earn in a way that enjoys tax advantages.

US tax code focuses on numerous ways to tax you.  The benefit in this are the tens of thousands of pages of tax code offering innumerable ways to legally avoid tax.

A business of writing to sell has many tax advantages when you are involved with like minded souls involved in a subject you enjoy.

For example if you are genuinely researching what you write about,  you can honestly write off every trip that is related to your business.  Every journey can become a research oriented adventure and a TAX DEDUCTIBLE EVENT.

Writing to sell gives you the freedom to work any place you like, even operating from your bedroom or your dining room table if you wish.  This means that part of your dining room or home can become tax deductible.

You enjoy a fulfilling process… you would do anyway… but would otherwise use after tax dollars.

The big tax advantage from writing to sell is you can enjoy being involved with what you love and make all or part of this process tax deductible.

Whatever your passion you can learn how to improve your lifestyle by writing to sell something involved in what you enjoy and what you feel is your destiny.  Regardless of your skills and position there is some approach that will work for you.

As a writer or publisher, you’ll have one of the most respected and tax protected businesses in the country.  In addition, you are protected by the Freedom of the Press. No one can force you to get a license to write. No one can stop you from writing what you desire.

Having a business of writing to sell can help us reduce the burden of tax so we enjoy life more in the process of fulfilling our destiny to do something for society that is good.

Free report on ways to reduce tax. 

This is such an important issue that I am creating a complete course on ways to integrate service, your destiny, fulfillment and income in a tax efficient way.   We’ll offer the full course when it is complete, but  I have already finished a primer and you can have this report free.

This report is entitled “Filling the Tax Void” and explains how positive lifestyle shifts not only create greater worth and value in your life, but also reduce tax as your business efforts become more meaningful to the world.

“Filling the Tax Void” starts with this thought:  “The tax pinnacle we can all reach is when everything we want to do is tax deductible.”

This report includes details on:

* Why Pinnacle Careers are more fun and create more spending power.

*  How Pinnacle Careers reduce tax.

* Two ways to legally organize Pinnacle Careers.

* How an LLC used in a Pinnacle Career Can Cut Tax Audits in Half.

* 10 Most Expensive Tax Mistakes That Cost Business Owners Thousands.

* Contacts on Attorneys who specialize in setting up your business.

* Contacts on Tax Preparers who specialize in overseas reporting and pinnacle careers.

To access this report “Fulfilling Careers that fill the Tax Void” FREE , click here.


Other Ways We Can Help You Write to Sell

We offer an online course.  Self Fulfilled – How to Write to Sell for $299. See details here.

Even Better!  We offer a year long program including attendance to a Writer’s Camp.  You receive the  online course “Self Fulfilled – How to Write to Sell” free and save $299.

Writer’s Camps – Recorded on MP3

Learn how to learn how to wrote and self publish from our recorded Writer’s Camp…

Seven P Secrets of Self Publishing

When you write, you can work anywhere. 


Here I am working poolside in the winter, at our Florida farm.

gary scott

Here I am with our hound Ma, working during the summer at our North Carolina farm.

Learn how to earn everywhere, while living anywhere you choose.  I have been able to earn by writing in Hong Kong, England, the Isle of Man, Dominican Republic and Ecuador to name a few of the place I have lived.  Everywhere I have been… too numerous to share here, I have been able to work.

All I need is my laptop.

That’s all you need too… a laptop to be free!

Before computers, a pencil and pad did the job.

Freedom is just one benefit you can gain from writing.

Another benefit is income.   Writing has brought me both our farms, free and clear… plus a lot more.

Another good example of earning potential is my friend Hugh Howey.   He was working for $10 an hour in a book store when he self published his novel Wool, typing in a storage room during his lunch breaks.

Soon he was earning over $100,000 a month on Amazon.com.  This helped secure a six-figure book deal from Simon & Schuster, and an option for film by Ridley Scott, director of Blade Runner and Alien.

That’s what he’s doing now.

Hugh Howey

Sometimes Hugh and I get together at my  farm and play chess (he beats me badly).

Writers like High are great inspirations.

A couple of years ago Hugh  left Florida, and moved to South Africa.  He had a sailing catamaran built for him and now can sail the world while he continues to write.

Hugh explained it like this: And that’s the miracle of working as a writer: I can do it from anywhere and everywhere. The past few years, I’ve done a lot of writing from airplanes and airports while on business trips abroad.  SAND was entirely written overseas while traveling through seven different countries; I think it’s a better story because of those inspirations.  In upcoming years, I may be writing near your home port.

Hugh’s a super star writer and his success could not happen to a more deserving and talented person.  He pours enormous energy into being worthy of his readership.  But you do not have to be a million dollar a year earner or a traveler to benefit from writing.

The good news is… you do not need a huge success to have a rich and fulfilled lifestyle.  Self Publishing can bring you a life that most people only dream of, as a journeyman writer, instead of a super star.

May I hastily add that the path to stardom begins as a journeyman… so the journeyman’s path brings success without stardom… but can also lead to stardom.

What most success stories like Hugh’s rarely explain is the many hours of writing that was devoted before their self published book sales soared.   Hugh, like most writers were journeymen first.  Stardom came later.

Here are sevens secrets that can help you become a journeyman writer. 

The secrets are a writer’s armory of tools that allows almost anyone to create successful publications for income, freedom and fulfillment.

Take Merri’s and my publishing business as an example.  

Merri and I are not writing stars.  We are journeymen who have for more than 40 years, year in and year out, earned solid income writing and self publishing dozens of publications about multiple subjects.

Some years that income has been more than solid… over a million dollars.  Yet in terms of stardom, we are hardly known.

In a moment you’ll see why that’s fine for us and probably will be for you too.

First some history.

Merri became involved in self publishing over 40 years ago… first helping a veterinarian publish a book on a very specific market… animal acupuncture. Then she showed a needle point artist how to sell more books to an even more specific audience… “needle point enthusiasts”  about her needle point work to an audience larger than the population of the city she lived in.  This led Merri to eventually become Executive Editor of an award winning magazine in Florida.

My story allowed Merri and me to work and live from Hong Kong to London to Europe to Eastern Europe, then the Caribbean and then Ecuador… making millions in the process of following our adventures… having fun… while helping a large readership adapt to a rapidly changing world.

That’s what self publishing can bring, profit, adventure and fulfillment, a great feeling of worth and wonder.

Self Publishing has created exactly the lifestyle we desire allowing us to span the world and work with meaning and purpose.

Self Publishing has become a new business art form. 

The seven secrets can help you start your own self publishing business now.

Everything in publishing is new and exciting and changing.  Publishing is being recreated by the wonderful power of destructive technology.

Everything is new… except the seven secrets. 

Change in the publishing industry is disturbing many.   We love this evolution due to these seven secrets we call the 7Ps.  The 7 Ps are so fundamental to writing and publishing that new technology enhances rather than reduces their power.

The First P is Passion.

Whatever your passion, you can immerse yourself in it AND create income with self publishing.  This can be your direct ticket to the kind of fulfillment you’ve always wanted.

Whether you want to travel the world or live as a recluse, work 12 hours a day or not work much at all,  you can set your schedule to succeed, if you’re willing to learn these seven secrets.

You can start part-time with any dream, passion, and budget.  Once you’ve created a product, you’ll enjoy the “multiple effect” of producing profits over and over again.

So the question is… What do you love to do?

What’s Your Passion:  An example is that thirty years ago, a client of Merri’s had a passion to help people who were in pain?  He published a series of pamphlets explaining various chiropractic disorders in very simple terms.  For example: “What Is Whiplash?”

The pamphlets contained solid information, but were simple 5″ x 7″ brochures with drawings and explanations. He sold them with a rack to chiropractors, who put them in their offices for patients to read.  These little self-published items sold year in and year out for decades.

There are thousands of ideas of this sort that can lead to big business.  It’s just a matter of defining and then acting on your passion.

Although I can work when I please and go where I wish, for me the most important reason for being a publisher is the satisfaction it brings. 

I love the projects I take on, so work doesn’t feel like, well… work.

What do you love?  If you love golf, then you can write and sell publications about golf.  Love travel, fishing, dogs, dolls, or art?  Write and sell publications in these fields.

Are you concerned about crime, war, poverty or environmental issues?  You can publish information products that help reduce these concerns.

Would you like to help the world be a more spiritual place?  Publish a newsletter, write a book (or hire someone to write it for you), record a tape… publish something that enlightens people.

Whatever your passion, you can immerse yourself in it and earn income by publishing for ereaders, print on demand, CDs, lists, bound books, or any format you choose.

Be immersed in your passion and get paid well for it. 

This is why stardom is not the main goal for most writers and self publishers.  Extra income, more freedom and fulfillment are usually more than enough enough.

The seven Ps are:

#1: Passion

#2: Problem

#3: Person

#4: Profitably Priced Product

#5: Prospecting Pathway

#6: Promise

#7: Presentation

The first time I exposed others to the secrets in Self Publishing was in a weekend “Writer’s Camp” seminar.  We offered the camp for $1,500. 80 delegates enrolled.  People from all walks of life attended—chiropractors, businessmen, investors, doctors, realtors, inventors, airline pilots, engineers, and housewives.

Merri and I were so overwhelmed by the response, we decided to make it available to a larger audience.  We created a written course based on our current self publishing activity called “Self Fulfilled – How to be a Self Publisher.”  Then we recorded the weekend “Writer’s Camp” seminar.

Thousands have used the course as it has evolved over the decades.

You can receive both the written course and the recorded weekend seminar, in an MP3 file, in a special “Live Well and Free Anywhere” program I am making available to you.  The normal fee is $299 for the written course and $299 for the recorded workshop.   I’ll send you both the course and the recorded workshop and my course “International Business Made EZ (also $299) all for $299.  You save $598.

We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within 60 days for a full refund .

These courses are not theoretical.  They describe, step-by-step, how Merri and I built a million-dollar international business and how we are running this self publishing business right now.   We use the 7Ps today just as we did four decades ago to create a strong annual income.

This correspondence course is for those who would like their own international self publishing micro business for fun and profit. If you want fun, freedom, extra income and fulfillment with your own full or part time writing or want to build your existing business, by writing to sell you can profit from this course.  The course can help who want their own business or who want to have a business together or a family business.  This is the perfect course for those who can no longer find employment, who are looking for ways to earn abroad and who wish to retire and supplement their income.

Whether you are retired, an investor, chiropractor, doctor, dentist, professional or already own your own business, this offers another way to make money, to turn your passion into profit. We guarantee that we have shared all we know to help you start and run your own international business.  Enjoy and live a life of following your Passion to Profit… through writing.

Here is a special offer. 

We provide two emailed courses  “Self Fulfilled – How to Write to Sell and be a Self Publisher” and “International Business Made EZ”.

We include the “Self Fulfilled Writing and Self Publishing Course” because there are two reasons to write, when you have something to say or when you have something to sell.  In this day and age many of us want to do both, make a statement that makes the world a better place and earn something extra in the process. 

Whatever your passion, however you do business, chances are you’ll be writing either to create a product or to sell a product. 

You save more than $598 because you also receive a recorded webinar conducted by our webmaster David Cross (at no extra cost).

David-cross-images tags:"2012-4-20"

David Cross

David has been our webmaster since our website began in the 1990s.  He is Merri’s and my business partner. We could not run our business as we do without him.

Learn the tactics we use in our web business that condenses 27 years of practical experience about search engine optimization, and writing for search engines.

For the last 27 years David has worked with companies large and small – IBM, Agora Publishing, AstraZeneca and many small business owners.  He has worked in 22 countries, and lived in six of them.

David’s clients span the globe and represent companies and charities both large and small.  From corporate giants to small, one-woman businesses and everything from finance, healthcare, publishing, technology, real estate, veterinarians, alternative health centers and everything in between.

David is an essential part of our web based business.

Myles Norin, CEO of Agora, Inc.  wrote:  “I have found David’s knowledge and experience unmatched in the industry.  Without David’s expertise and guidance for the past 7 years, we would not be nearly as successful as we are.”

As Senior Internet Consultant to Agora Inc. in Baltimore, MD, he worked closely with Agora’s publishers and marketers and – over a 7-year period – helped to propel Agora’s online revenues from around $20 million to well over $300 million.

David’s webinar will help you gain benefits in your micro business that large internet marketing companies use.  In this practical recorded workshop you will learn valuable skills to help your micro business.

There has never been a time when the opportunity for small businesses abroad has been so outstanding.  Expand your borders now!  Increase your economic security freedom, independence and success.

If you are not fully satisfied that this offers you enormous value simply email us for a full refund within 60 days.  You can keep all three courses as our thanks for giving our courses a try.

You also receive a report  “How to use Relaxed Concentration to Brainstorm Business Ideas” and a recorded workshop “How to Become and Remain Rich With Relaxed Concentration” at no additional cost.

Plus you get more in the program.

You receive regular writing and self publishing updates for a year.  Businesses usually need to evolve.  Merri and I continue to publish and have our independent businesses.  Some basics have remained for decades, but new strategies occur all the time throughout the year.  We’ll be sending along updates that share our most recent experiences as we learn and continue to grow our international micro business from Smalltown USA.

My special offer to you in this “Live Well and Free Anywhere Program”, is that you receive:

  • “International Business Made EZ” course
  • “Self Fulfilled – How to Write to Sell” course
  • Video Workshop by our webmaster David Cross,
  • The entire weekend “Writer’s Camp” in MP3,
  • MP3 Workshop “How to Gain Added Success With Relaxed Concentration”
  • Any updates to any of the courses, workshops, reports or recordings for a year.

We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within the first three months for a full refund . 

Order “Self Fulfilled – How to Publish to Sell” and a quarter of update lessons $79.   Click Here.

Order “Self Fulfilled – How to Publish to Sell” and a full year of update lessons $299.  Click Here.      

See success stories from Self Publishers and a few who have attended the “Writer’s Camp” that you will receive on MP3.


What other readers have shared about us Gary & Merri Scott

Read More on Marco Polo at Biography.com

From 2 Tax-Evasion Sentences, a Lesson Comes