TaxCents: Powerball Winner Must Shelter Income, Says Tax Expert

"Loopholes of the Rich" Best-Selling Author Says Early Decisions Determine Now Who Gets More -- The Winner or Uncle Sam


PHOENIX, Aug.27, 2001(PRIMEZONE) -- MEDIA ADVISORY

WHAT: Tax Expert Warns Powerball Winner(s) -- Big Winnings At Risk if
      Wise Tax Decisions Aren't Made Early On.

 WHO: Diane Kennedy, CPA-Tax Strategist, and co-founder of 
     TaxCents(tm), a tax education company designed to encourage
     individuals to make informed tax-advantaged financial
     decisions, is author of "Loopholes of the Rich: How the Rich
     Legally Make More Money & Pay Less Taxes," a Wall Street 
     Journal and BusinessWeek bestseller.

Kennedy has appeared on national TV and radio shows, discussing tax issues in a very dynamic, light-hearted, easy-to-understand style.

Issues to Discuss: 
 -- Immediately Shelter Income (Is real estate the best choice?)
 -- Big Decision - Lump Sum or payout over time
 -- Charitable donations are great legal tax 
 -- Deductions - Now's the time!
 -- Loopholes Abound: Take the IRS' Legal Incentives as a Gift.
   Ignorance can be costly. 
 
 WHEN: Phone and in-studio interviews available anytime Sunday
      Or throughout the week.
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CONTACTS: TaxCents, Phoenix 
          Press Relations, 
          Sherri Klein 
          (203) 323-2600 
          sklein@kleincomm.com

          Robert Udowitz
          (703) 280-1120


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