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

\

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

\

Annuities

\

Charitable Trusts & Annuities

\

Deferred Sales Trusts

\

Delaware Statutory Trusts

\

In-Service Alternative Rollovers

\

Insurance-Disability

\

Insurance-Life

\

Insurance-Long Term Care

\

Micro-Captive Insurance Companies

\

Mortgages-Forward

\

Mortgages-Reverse

\

No-Load Annuities

\

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

BLOG

Browse All Tax Planning Articles, Videos, Podcasts

Unlock Tax Deductions With A Rental Property Home Office

Unlock Tax Deductions With A Rental Property Home Office

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...

read more
2020 Last-Chance Financial Planning Checklist

2020 Last-Chance Financial Planning Checklist

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...

read more
The Smart Tax Planning Newsletter October 2020

The Smart Tax Planning Newsletter October 2020

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...

read more
10 Proven Tax Reduction Strategies for the Self-Employed

10 Proven Tax Reduction Strategies for the Self-Employed

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...

read more
Section 199A – A 20% Tax Deduction You Want To Get Right!

Section 199A – A 20% Tax Deduction You Want To Get Right!

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,...

read more
How To Deduct Medicare As A Business Expense

How To Deduct Medicare As A Business Expense

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...

read more
The Smart Tax Planning Newsletter September 2020

The Smart Tax Planning Newsletter September 2020

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...

read more
The Smart Tax Planning Newsletter August 2020

The Smart Tax Planning Newsletter August 2020

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...

read more