The 4 Essential Element

Tax Planning

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

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The 4x4 Financial Independence Plan ˢᵐ

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The Smart Tax Minimizer (For Consumer and Home-Based Businesses) ˢᵐ

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The Smart Tax Planning System for Business Owners ˢᵐ

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Annuities

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Charitable Trusts & Annuities

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Deferred Sales Trusts

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Delaware Statutory Trusts

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In-Service Alternative Rollovers

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Insurance-Disability

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Insurance-Life

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Insurance-Long Term Care

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Micro-Captive Insurance Companies

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Mortgages-Forward

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Mortgages-Reverse

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No-Load Annuities

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Real Estate Rentals (Direct)

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Real Estate Rentals (Partnerships & Syndications)

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Research & Development Tax Credits (R&D, etc.)

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Retirement Plans - Pension & Profit Sharing Plans - The Super(k)

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Retirement Plans (Self-Directed) IRA's, 401(k)'s, SEP's, SIMPLE's, Roth's

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Self-Directed Brokerage Accounts

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Browse All Tax Planning Articles, Videos, Podcasts

Creating More Business Meal Tax Deductions After the TCJA

Creating More Business Meal Tax Deductions After the TCJA

Tax PlanningHere’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business meals. The net effect of this change is to subject business meals once again to the pre-1963 “ordinary and...

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The Smart Tax Planning Newsletter July 2021

The Smart Tax Planning Newsletter July 2021

Tax PlanningEvery 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: Is Your Travel Day Personal or a Tax-Deductible Business Day? 2 Ways to Fix...

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The Smart Tax Planning Newsletter June 2021

The Smart Tax Planning Newsletter June 2021

Tax PlanningEvery 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: Benefit Big from the Work Opportunity Tax Credit Tax Planning for the New...

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Work Opportunity Tax Credits

Work Opportunity Tax Credits

Tax PlanningThe Work Opportunity Tax Credit rewards your good deeds. And now, because of new legislation, the rules are in place for longer than usual. If you need to hire workers in your business, this dollar-for-dollar reducer of your taxes is one to know...

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Do You Have Children Under 17 Years Old?

Do You Have Children Under 17 Years Old?

Tax PlanningFor the 2021 tax year only, the American Rescue Plan Act of 2021 (ARPA) makes big, taxpayer-friendly changes to the federal income tax child tax credit (CTC).  Here is what you need to know, starting with some necessary background information.CTC Basics...

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The Smart Tax Planning Newsletter May 2021

The Smart Tax Planning Newsletter May 2021

Tax PlanningEvery 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: Self-Employed During the Pandemic? Lawmakers Didn't Forget You! Deduct 100...

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8 Reasons Not To Do a Roth Conversion

8 Reasons Not To Do a Roth Conversion

Tax PlanningThe Roth IRA is an incredibly effective tool that can save clients lots of taxes down the road. Nevertheless, a Roth is not right for every situation, all of the time. Consider these potential disadvantages before you make the move.We love Roth IRAs and...

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The Cost-of-Living Adjustment and What it Means for You

The Cost-of-Living Adjustment and What it Means for You

Tax PlanningEach year, the Social Security Administration (SSA) announces the cost-of-living adjustment for the next year. Whether you are retired or not, you should be aware of what the changes mean.In October the Social Security Administration announced that the...

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