Your days as an entrepreneur and businessperson are consumed with one primary activity; making money. Whether you think in terms of growing your business, getting the word out there, or some fancy new marketing technique, your days and weeks and months in business are focused on that one group of activities. In fact, some of you are marketing machines.
tax secrets of the rich found here
Maybe you've developed a new product line. Or, set up a joint venture with a new partner. If you're a real estate investor, you're looking for another deal or strategy for locating under-valued properties.
No matter how you break it down, entrepreneurs are single-focused. MAKE MORE MONEY. You live it, you breath it and you sleep it.
tax secrets of the rich found here
I call it the entrepreneur's curse.
Don't get me wrong. It's not completely bad. In fact, the most singly focused people I know are the most successful. But building your business up can't be your only focus.
There are two BIG reasons why.
Taxes and Lawsuits.
Left unmanaged taxes and lawsuits will eat you alive. Taxes do it slowly but surely. They chip away at your net worth a little at a time. It can be so subtle, that you've stopped noticing. Let's face it, when was the last time you looked at your pay stub (yes, even if you're self-employed). There's one line of income and three lines of taxes (Fed, State and FICA) they're alone. But when was the last time you really noticed it?
You've been conditioned not to care. But every dollar that you overpay in taxes is a lost opportunity to build wealth. Think about it; if someone handed you $10,000 or $20,000 to invest in your business, couldn't you leverage the heck out of it?
Maybe you'd buy a piece of (almost) no money down real estate and flip it for $20,000 profit.
Or launch an ad campaign - radio or print.
Or start a web marketing campaign.
Whatever your strategy of choice, you would parlay that money into something bigger and compound the returns on top of it. But if you throw that money away by unnecessarily overpaying your taxes, it's gone. (Remember, a penny saved is a penny earned) And so is the opportunity. Forever. What a shame!
Then there's lawsuits. They mess you up differently. If taxes steal away your money in the night, lawsuits are like a tiger. Waiting. Stalking. Circling. And then, at the opportune moment - BAM! It's over. They pounce on you and you don't even know what hit you.
It might be an angry tenant, or the passenger in a car that you ran into. It could be your spouse or a disgruntled employee. It could be any one of a thousand reasons that people can sue you (there are millions of lawsuits each year).
Whatever the reason, before you can fully regain the use of your senses, you're upside down and inside out. And it can take years before you can pull yourself up by the bootstraps and start over again.
Then, you find you're digging yourself out of a big hole. It doesn't have to be that way. There is a better way. A way for you to build consistent protected wealth that lasts for generations.
tax secrets of the rich found here
That's what my new Wealth Accumulation program is all about. The last thing I want to see is you work for years building a great asset base - only to have someone bring it toppling down. It's not necessary and you deserve better than that. I am trained as an attorney and practiced in the State of New York for 12 years as the senior partner of my own firm, where I was admitted to both the State and Federal Bars and specialized in the areas of business and real estate.
I have benefited from the strategies he teaches and I've saved thousands and thousands of dollars in the process.
Ladies and Gentleman, I give you
The Tax Saving Attorney,
Drew Miles.
P.S. It's the little things in life that make all the difference. Missing the details here could be devastating to you and your family.
P.P.S. Be a hero to those you love. Do it right the first time.
Drew has combined what he learned during formal education, informal education and twenty five years of business experience in the development of programs designed to teach people how to build and preserve lasting wealth. He is an author, teacher and international speaker in the areas of asset protection, and tax saving and wealth building strategies.
recurring maid service Buffalo Grove ..Do you realize that some tax forms ask you to... Read More
Many small businesses complain when confronted with the expense of... Read More
In the latest Star Wars episode, the evil empire executes... Read More
The knock on the door from a Tax Inspector is... Read More
Six Urban Myths ? Taxation"I am proud to be paying... Read More
Knock-Knock-KnockWho's there?The IRS!The next quarterly payment of estimated income tax... Read More
If you paid someone to care for a child so... Read More
The federal tax code is complex. This complexity generally arises... Read More
Background issues of access to recordsTo assess the records at... Read More
You've been feeling uneasy (perhaps even guilty) because you've failed... Read More
Adding Your First Additional Stream of IncomeMost new wealth builders... Read More
As everyone in the U.S. knows, we have just passed... Read More
Assume a buyer in Pakistan downloads software from the Internet... Read More
Millions of people file tax return extensions every year. The... Read More
The Sarbanes-Oxley Act, also called the Public Company Accounting Reform... Read More
Many Americans believe that an IRS debt is a debt... Read More
The 100 year old investment-banking firm of... Read More
We need real tax reform and we need it now.... Read More
If your like many, you don't always understand what people... Read More
Whether helping the kids with a down payment on their... Read More
Are you in the middle of a disagreement with the... Read More
Small Businesses Filing Amended Federal Tax Returns to... Read More
With the massive losses caused by Katrina, the economy of... Read More
Deduction of Refinance PointsAny points that you pay in the... Read More
Donating your used car to charity is a win-win situation;... Read More
premium house cleaning Glenview ..Deduction of Refinance PointsAny points that you pay in the... Read More
"Depreciation." For business owners, this word is the one most... Read More
Following is a reproduction of the IRS's rules and requirements... Read More
Does this scene sound familiar? It's April 7. You haven't... Read More
OverviewIn the Pre-Budget Report of December 2003 the Chancellor Gordon... Read More
So, you were pleasantly surprised to learn that you are... Read More
Someone once remarked, "Next to being shot at and missed,... Read More
Managing a business small, medium or big requires you to... Read More
Whether helping the kids with a down payment on their... Read More
With the massive losses caused by Katrina, the economy of... Read More
All states also have their own tax system. Typically there... Read More
Each year, the IRS lists various scams taxpayers get caught... Read More
One can never underestimate the enthusiasm that politicians have for... Read More
It's a moment every person dreads. You pick up the... Read More
As a small business owner or self-employed person, one of... Read More
Have you been thinking about incorporating your small business or... Read More
Marketing is a necessary expense in running practically any business... Read More
Background issues of access to recordsTo assess the records at... Read More
Once a year Canadian taxpayers are required, by law, to... Read More
Just image, you are a small manufacturing company, business has... Read More
As a sole proprietor, it's wise to familiarize yourself with... Read More
As we enter mid-March, taxpayers begin to become very interested... Read More
It's that time again, the April 15 tax deadline is... Read More
You're at your office, or home, and the doorbell rings... Read More
With gas prices at an all time high before Hurricane... Read More
Tax |