Discover how the IRS approaches audits and tax conflicts. Ex IRS lawyer Scott Estill joins Tom and offers tips on how to successfully deal with the IRS during a tax conflict. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast45 Learn more about your ad choices. Visit megaphone.fm/adchoices
The clock is ticking on year-end tax planning, and you could be leaving money on the table. Discover five ways to reduce your taxes before Dec. 31. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast44 Learn more about your ad choices. Visit megaphone.fm/adchoices
There are many paths to success. Determining the best path to match your skills requires education. Buck Joffrey joins Tom to discuss his journey to financial freedom and offers tips to anyone trying to determine their path. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast43 Learn more about your ad choices. Visit megaphone.fm/adchoices
The tax code recently changed forcing everyone to make tax-planning decisions with limited information. An agile approach to navigating the unknown reduces risk. Leo Tilman joins Tom to discuss the best ways to build agility in tax preparation, investing and business. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast42 Learn more about your ad choices. Visit megaphone.fm/adchoices
Everyone can legally save on taxes. So why do so many people cheat on their taxes? Donna Bobek Schmitt joins Tom to discuss her research into why clients and tax professionals act unethically and break the law. This episode also reveals options you have when confronted with unethical behavior. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast41 Learn more about your ad choices. Visit megaphone.fm/adchoices
Discover how to take money out of your business, pay the least amount of taxes, and protect yourself from lawsuits. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast40 Learn more about your ad choices. Visit megaphone.fm/adchoices
Business is a team sport. Like any successful team, players need to constantly be evaluated. In this episode, Tom discusses how to continually evaluate your tax professional so that he or she is matched to your growth. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast39 Learn more about your ad choices. Visit megaphone.fm/adchoices
Dealing with the IRS oftentimes is stressful and frustrating. In this episode discover how to efficiently and successfully navigate your way through IRS notices and audits. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast38 Learn more about your ad choices. Visit megaphone.fm/adchoices
Apple, Google & Amazon use the tax code to sharply reduce taxes. These same laws apply to anyone, you just need the education. In this episode, Tom explains how businesses of any size, and even employees, can reduce taxes like the big guys. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast37 Learn more about your ad choices. Visit megaphone.fm/adchoices
Tax preparers are often times afraid of an audit. This can result in paying higher taxes. In this episode, Tom discusses how you and your tax preparer can overcome the fear of an audit and decrease your taxes. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast36 Learn more about your ad choices. Visit megaphone.fm/adchoices
The new tax code offers the possibility to pay less tax now and no taxes when you sell your business. Tom highlights specific provisions that allow business owners historic tax advantages. This is a must-listen show for any business owner and anyone aspiring to start a business. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast35 Learn more about your ad choices. Visit megaphone.fm/adchoices
Mobile homes may have a stigma, but to savvy investors they offer attractive cash flow and tax benefits. Kevin Bupp joins Tom to discuss the benefits of mobile home investing. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast34 Learn more about Kevin Bupp by visiting: https://sunrisecapitalinvestors.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Imagine overcoming fear of money, fear of relationships, fear of taxes. Mark Yuzuik joins Tom to discuss his work helping people overcome fear in all aspects of their lives. This is a program for anyone seeking more freedom in their day-to-day lives. Learn more about Mark Yuzuik by visiting: http://successcombination.com Learn more about your ad choices. Visit megaphone.fm/adchoices
The interplay between income tax and estate planning offers an attractive financial opportunity. In this episode, Tom speaks with Andrew Howell about creating a better life for you today, and a better life for your family tomorrow. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast32 Contact special guest Andrew Howell by emailing Andrew here: teamandrew@yorkhowell.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Find out how stress impacts the human body & mind, and how it can impede your ability to make good financial decisions. Tom records this episode from Romania with John MacGregor & J.W. Wilson. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast31 Learn more about John MacGregor or J.W. Wilson visit: http://jmacgregor.retirementtime.com/rt/homepage.jsp https://www.linkedin.com/in/jw-wilson-a05431b/ Learn more about your ad choices. Visit megapho...
The 1st returns under the new tax code have been filed, and many of you could have done better. In this episode Tom explains the common areas you and your CPA may have overlooked, costing you money. Tom also offers tips on how to avoid mistakes next year. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast30 Learn more about your ad choices. Visit megaphone.fm/adchoices
Captive insurance is one of the best tax incentives. In this episode Tom speaks with Chuck Spitzer about how business owners and investors receive significant advantages from captive insurance. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast29 Learn more about Chuck & captive insurance: http://www.captiveinsuranceusa.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Accurate data is your roadmap to success. And accurate data begins with good record keeping. Tom shares 5 tips you can use today to gain and maintain accurate data. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast28 Learn more about your ad choices. Visit megaphone.fm/adchoices
The rich invest differently than the middle class and poor. In this episode, Tom speaks with Patrick Donohoe about advanced techniques of investing in life insurance that offer opportunities to expand wealth and reduce taxes. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast27 Learn more about Patrick Donohoe at https://paradigmlife.net/about/patrick-donohoe/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Real estate can offer an investor five avenues to make money. Tom speaks with Keith Weinhold about maximizing the return on your real estate investments EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast26 Learn more about Keith Weinhold by visiting: https://www.getricheducation.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Successful tax planning doesn’t happen once a year. There are actions you can take every day to help reduce your taxes. In this episode, Tom offers strategies that can be used daily to plan, execute and reduce your taxes. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast25 Learn more about your ad choices. Visit megaphone.fm/adchoices
The new tax law presents challenges and opportunities for you and your CPA. In this episode, Tom reveals how CPAs are adjusting to the new tax law, and how it can benefit you to meet with your CPA before you file your tax return. This is am important episode for anyone trying to navigate the new tax law in the U.S. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast24 Learn more about your ad choices. Visit megaphone.fm/adchoices
Nothing strikes more fear in people than a government audit. In this episode Tom explains what triggers government audits, and what steps you can take to ensure that an audit is nothing to fear. Tom dissects how government CPAs approach audits, and how you can effectively deal with them. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast23 Learn more about your ad choices. Visit megaphone.fm/adchoices
Asset protection is a vital & basic part of any investment strategy. Tom speaks with Garrett Sutton about how to form your business or setup your investments in a way that avoids potential lawsuits. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast22 Learn more about Garrett Sutton by visiting https://www.corporatedirect.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Your CPA can’t save you a dime. You have to take action in order to make way more money & pay way less taxes. In this episode, Tom discusses how investors and business owners should best position themselves to utilize the skills of a CPA and other team members to build success. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast21 Learn more about your ad choices. Visit megaphone.fm/adchoices
Record keeping is the most important skill required to build wealth. In this episode Tom discusses how to keep records, and more importantly, how to use records to make good financial decisions. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast20 Learn more about your ad choices. Visit megaphone.fm/adchoices
Professional investors enjoy higher returns and better tax benefits than amateur investors. In this episode, Tom discusses how certain investors make more money and qualify for better tax benefits based on how they invest. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast19 Learn more about your ad choices. Visit megaphone.fm/adchoices
Gold is often seen as a hedge against inflation. In this episode, Tom also explains the tax opportunities gold investing may offer. Tom speaks with a precious metals broker who offers the risks and rewards of buying gold. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast18 Learn more about Dana Samuelson and The American Gold Exchange by visiting https://www.amergold.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Tom discusses the three important questions you must ask yourself to create the life and business you want. This episode includes details on an upcoming special CPA Event on building your brand and finding your strengths. Sign Up For The Event: https://wealthability.com/event/ EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast17 Learn more about your ad choices. Visit megaphone.fm/adchoices
Clayton Morris, former-Fox News anchor, joins Tom to discuss his transformation from TV star to successful real estate investor. Choosing to leave a lucrative, high-profile career was an easy decision, because Morris took control of his wealth by creating passive income that allowed him to ditch his paycheck. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast16 Learn more about Clayton Morris: http://www.claytonmorris.com/ Learn more about your ad cho...
