The 4 Essential Element
Taxes are life’s single biggest expense. Yet, like most expenses, paying taxes is a choice that you make. This is the principle of “The Net” which states, “It’s not what you make, it’s what you keep that matters.” It’s not that you get to choose if you should or should not pay taxes. It is, however, a matter of making Better, Smarter, Safer tax-efficient financial decision
The 4x4 Financial Independence Plan ˢᵐ
The Smart Tax Minimizer (For Consumer and Home-Based Businesses) ˢᵐ
The Smart Tax Planning System for Business Owners ˢᵐ
Charitable Trusts & Annuities
Deferred Sales Trusts
Delaware Statutory Trusts
In-Service Alternative Rollovers
Insurance-Long Term Care
Micro-Captive Insurance Companies
Real Estate Rentals (Direct)
Real Estate Rentals (Partnerships & Syndications)
Research & Development Tax Credits (R&D, etc.)
Retirement Plans - Pension & Profit Sharing Plans - The Super(k)
Retirement Plans (Self-Directed) IRA's, 401(k)'s, SEP's, SIMPLE's, Roth's
Self-Directed Brokerage Accounts
Browse All Tax Planning Articles, Videos, Podcasts
Income Shifting Hire Your Kids or Other Family Members and Reduce the Taxes You PayYou can create tax benefits for you and your family members by using a strategy called “Income Shifting”. For example, you could hire your under-age-18 children, pay them, say,...
With the start of a new year approaching rapdily, you’re probably looking for new tax savings opportunities. As you probably know, establishing a home office for your Schedule C or corporate business creates valuable tax deductions. But it’s not available only for...
It's that time of year again when I like to send out my Last-Chance Financial Planning Checklist to all my family, friends, and clients. It's a quick way to determine if you need to take actions before the end of the year. It’s a small checklist with some BIG ideas...
Every month we provide you with a fairly detailed review of several Important Tax Topics. Scan through the highlighted topics noted below. In This Month's Newsletter We Review: The Latest On Payroll Tax Deferral Using Whole or Partial Rooms for Your Home Office Don't...
If you are a self-employed individual, you can feel overwhelmed when you search for strategies to reduce your taxes. I searched one of our tax services and found more than 263 articles with the words “self-employed” or “self-employment.” That’s a lot. So where do we...
If you operate your business as a pass-through entity, such as a proprietorship, a partnership, or an S corporation, the profits of that business can generate the Section 199A tax deduction. No-Problem Businesses You qualify for the Section 199A deduction—period,...
Premiums for Medicare health insurance can add up to a substantial sum. That’s especially true if: You have high income, and You’re married and both you and your spouse are paying premiums. Fortunately, the premiums can potentially help your tax situation. The dollar...
The Smart Tax Planning NewsletterSeptember 2020Every month we provide you with a fairly detailed review of several important Tax Topics. Scan through the highlighted topics noted below. In This Month's Newsletter We Discuss: There's Still Time to Get $150,000 from...
The Smart Tax Planning NewsletterAugust 2020Every month we provide you with a fairly detailed review of several important Tax Topics. Scan through the highlighted topics noted below. In this month's edition we discuss: Spending the PPP Money on You and Your Employees...