Taxes are the single biggest expense for the average American today. Changing the amount of tax you pay can mean big changes and opportunities in your future. Can you imagine what you would do with an extra $14,000 per year? This is the average amount we are able to save our clients through our proactive tax strategies.
Our clients make more money and pay less tax by taking advantage of government loopholes. Yet, it takes more than just learning about the hundreds of loopholes available to start paying less tax today. You also need to put these ideas into action; and that’s where AccountOnIt comes in. One of the fundamental, key steps is to have a good team made up of people you can trust to give you the best advice and develop your proactive tax strategy.
Key Steps to Paying Less Tax:
- Tax laws aren’t fair. They are written to favor people who make money a certain way – through businesses and investments, primarily real estate investments.
- The best way to pay less tax is to do what the government wants you to do. Why try to fight the IRS when it’s so easy to just follow the rules, make more money, pay less tax and still sleep at night?
- It’s not how much money you make that determines how much tax you’ll pay – it’s HOW you make the money. Earned income (ie: wages and salaries) is the highest taxed income there is.
- Your Proactive Tax Strategy only works if you have a customized plan developed for your own circumstances. Donald Trump’s strategy would probably not help the local plummer.
- Tax law is constantly changing. To pay the least amount of tax legally possible, have frequent meetings with your Tax Strategist and make sure he or she is keeping current on the tax law changes.
- Your Proactive Tax Strategy only works if you take action. The faster you and your team put the dozens of ideas you’ll receive into action, the sooner you’ll put money in your pocket.
Overview of Your Own Personalized Proactive Tax Strategy
Here’s what you can expect to receive when you decide to have a Proactive Tax Strategy created just for you:
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You start with a brief interview with a Client Consultant. We want to hear about where you are now, and where you want to be. We’ll ask a few easy questions about your current situation and from that determine the best Proactive Tax Strategy program for you.
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A Tax Questionnaire will be sent for you to complete. You’ll talk about your financial, business and investment goals and about where your money currently goes. We’ll need copies of your past tax return and a little information on each business entity (S Corporation, LLC, Limited Partnership, etc) that you currently have set up. It’s all in the Tax Questionnaire and we’re here to help you if you have more questions. The more information you give us, the better job we’ll do.
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Your information is then reviewed by your personal strategist and a comprehensive Proactive Tax Strategy is developed for you. This stage typically takes two weeks so there is plenty of time to research the best possible options for you. This is the stage where the cool things happen! In fact, the average savings for a taxpayer as a result of their Tax Strategy plan was over $14,000 per year!
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You will then have a phone call with your personal CPA Strategist to review the details of your plan and to get your feedback. Typically, this call lasts about an hour. It’s so packed with information, though, that we write up your customized strategy so you won’t miss a thing!
- You will receive a write-up of your customized strategy along with informative tax loopholes information based on needs identified during your phone call with your Strategist.
- About two weeks after the initial phone call, you can have a second follow-up phone call with your Strategist to cover the details of the first call again or to go through new questions you’ve uncovered.
The benefits you’ll get from your personalized strategy will come to you in many ways:
- You’ll be able to take control of when and how much you pay in taxes
- Create a roadmap to building wealth and achieving your dreams through the tax advantages the wealthy use
- Setup your business in the best way to slash its taxes and protect your assets
- Legally lower your tax bills in ethical ways so you can sleep at night and not worry about the risks of an audit!
- You’ll have peace of mind in knowing you have an expert team of advisors that support you, so you can concentrate on doing what you do best!
Ongoing Support
After you’ve successfully completed your Proactive Tax Strategy, you’ll have the option to begin monthly or quarterly tax consulting with your Tax Coaching Team. As your business and investments grow, your personal CPA will be right there with you – making sure your tax plan and asset protection plan grow with you.
