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I can tell you with 100% certainty that drinking Fireball in excess reduces self-employment tax. It is a fact. As our former President would say, no joke. There have been too many days than I care to count that I woke up in the morning and couldn't see straight after drinking Fireball to excess the night before while pondering the pile of unfinished tax returns on the desk. Knowing I couldn't make it in to work, let alone do a tax return, I would talk to my phone and ask it to dial each of my appointments for that day. I then told everyone of them that I thought it best that I don't do their taxes that day and told them to call Jim in OH, as he can complete their return before they can even take their coat off at the appointment.. At the end of that day, I realized I had no income. And since I had no income, I had no self-employment tax. I was so happy that drinking Fireball to excess saved me on my self-employment tax that I celebrated with more Fireball, resulting in the same thing happening the following day.
I never saved as much on taxes as I have since drinking Fireball!