Practical stratagems for escaping from ""the taxpaying class."" Anderson, an IRS attorney turned financial planner, proceeds on the assumption that tax law favors business; so he advises wage earners on ways of creating a family or individual enterprise that can not only reduce their ""tax visibility"" but also put worthwhile amounts of income beyond IRS reach. (A tax court, he notes, has okayed the employment of a seven-year-old by a household venture.) Alternatively, one might wish to incorporate oneself out of a corporation as an independent contractor entitled to take advantage of the deductible benefits--medical reimbursement plans, contributory pension programs, etc.--available to owner-employees. In either case, Anderson augments his examination of the possibilities with a wealth of tabular material highlighting both risks and rewards. Also covered are techniques for deferring or avoiding tax liabilities via IRS-approved retirement plans--IRAs, annuities, trusts, municipal bonds, and DRIPs (tax-favored dividend reinvestment plans, administered by qualifying utilities). There's a lengthy rundown on credits and deductions, too, that ranges from mundane through resourceful. (E.g., those building new homes can save a bundle deducting local sales taxes on construction materials--if they remember to insist on direct billing.) With the appropriate cautions: responsible and up-to-date.