what are the best ways of multiplying money with minimum tax liability??? serious answers please!!!?

Answer 1

Unfortunately no one here can answer that for you. It is too dependent upon your personal circumstances. The tax code does not permit answers like this without reference to your situation.

I will give you some topics to check on.

Annuities (usually fees outweigh tax effects)
Life Insurance (can be useful if properly used, damaging if not)
Starting a business
Roth IRA
Tax Free Bonds (not generally a good way to multiply money)
Margin debt
Charitable trusts for those with very very high net worths. (You can give away the money and keep it too, it almost works like a con man set it up but it is valid if you follow the rules)
Maxing out retirement plans.
Converting gains to capital gains and qualified dividends.

Second you should be minimizing costs not taxes. Taxes are a cost but can at times actually be the least of the evils. They can even at times be your friend if you do it correctly and you are in the right circumstances. You should consider the relationship of gain to costs, not gain to taxes.

Answer 2

Depends on where you are but you can make investments through a trust fund that you set up.
Best suggestion i have would be T-bills and/or consult a financial adviser ( he'll know more - as i said it all depends) You will pay federal tax no matter what you do but you might be able to lower you state tax.)

Answer 3

Move the money to an IRA or a money market account, most have no tax liability. Your money would not mulitply, yet you can make rather decent interest that the feds are unable to touch.

Answer 4

Real estate investment
Mutual Funds
Equity Shares

Answer 5

Municipal bonds are exempt from Federal taxes and in most cases, state taxes. You would have to check your own state to know their rules.

By the way, in response to your first answer, winnings from gambling are taxed.

Answer 6

Go to Las Vegas Viva Las Vegas!