This man was an ideal candidate for converting his sole proprietorship to a corporation. In about 30 minutes I showed him how he could save over $5,000 in taxes per year by implementing that one strategy of incorporating.

His response: "I don't have time."

Yes, it would take some time to implement this strategy. And it would take some time to maintain this strategy. Guess how much? About two hours a month, max.

You do math. Better yet, I'll do it for you.

If he spends 24 hours a year doing what it takes to maintain a corporation, he's just made $208.33 per hour at this new part-time "job".

Hmmm. How many self-employed people can go out and make five grand a year for 24 hours of work? Can you think of any? I sure can't.

I showed him numbers I just showed you.

His response: "But I don't want to change way I do business."

Ahh, now we're getting somewhere. Now we just got to heart of matter. He finally told me real reason for his unwillingness to save $5,000/year: he was unwilling to change.

Did you get that?

And this is actually a very common reaction to an effective tax reduction strategy. I've seen it many times.

If there is change involved, people are often unwilling to implement tax reduction strategies -- it's too new, too different, too time consuming. Too whatever.

So I'd like to challenge you with this simple question: Are you really willing to make changes required by an effective tax-reduction plan?

All tax knowledge in world won't do you any good without right attitude toward change. Before pursuing tax reduction strategies, make sure you are ready to change.

Wayne M. Davies is author of 3 tax-slashing eBooks for the self-employed, available separately or as a 3-volume set, "The Ultimate Small Business Tax Reduction Guide". http://www.YouSaveOnTaxes.com/ultimate-guide

* Many people use birthdays, so choose at least one number above 31. This will differentiate your lottery ticket from theirs. * Same goes for dates - never enter more than 2 numbers less than or equal to 12.

* Don't choose any of last week's lotto draw numbers. You'd be surprised how many punters try this!

* Never copy anyone else's numbers - that would mean sharing any prize with at least 1 other person!

* Keep an eye on most common and least common numbers over time - many people play these, because they do not understand that lottery really is random. If you play them too, you will end up sharing any prize you win.

Once you've selected 6 numbers, it's a good idea to stick with 'em. They are as likely to win in any week as any other set, and imagine how you would feel if you changed them and then next week they won! (This has happened by way). Finally, if it's a rollover jackpot lotto play, consider buying another ticket (with a seperate set of numbers, of course!). The most interesting case is when prize is more than odds of winning x ticket price (in UK, a jackpot of £13 million or more). You could in theory guarantee a win by buying EVERY combination of tickets, although you would almost certainly have to share lottery jackpot with someone!