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Tax Help Secret: Avoiding the Entreprenuers Curse

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.

Asset Protection

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 Strategies

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.

In The News:

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USA TODAY

4 signs you shouldn't do your own tax return
USA TODAY
Whether your business is a wild success or a gruesome failure, you'll have tons of extra documents to track and forms to fill out (including quarterly estimated taxes if you'll owe $1,000 or more in taxes at the end of the year, and those can be a ...


CNN

Billionaire Bill Gates says he should pay 'significantly higher' taxes
CNN
"People who are wealthier tended to get dramatically more benefits than the middle class or those who are poor, and so it runs counter to the general trend you'd like to see, where the safety net is getting stronger and those at the top are paying ...
Bill Gates: People like me should have to pay higher taxesThe Hill (blog)
Bill Gates says rich people like him should 'pay significantly higher taxes'MarketWatch
Why Bill Gates says he should pay 'significantly higher' taxes - WNEM TV 5WNEM Saginaw

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CBS News

Here's why you should prepare your taxes now
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Taxes may be inevitable, but taxpayers have some some wiggle room with when they file their returns. This year, the IRS opened its filing window in late January and won't close it until April 17. Even so, many Americans tend to wait until the last ...
Ask Brianna: What if I really need my tax refund?The Detroit News

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Business Insider

3 ways you can instantly get help on your taxes
Business Insider
Getting someone on the phone might be a challenge, but the IRS.gov website has answers to most tax questions. The site can also direct you to outside tax help, such as the Volunteer Income Tax Assistance program. The program provides free tax help to ...

and more »

5 Reasons Most Americans Will See Tax Cuts in 2018
Motley Fool
New tax reform laws have now taken effect, and millions of Americans fully expect to see big savings when they file their 2018 tax returns next year compared to what they've paid in previous tax years. Despite concerns that some will be disappointed ...

and more »

WCPO

I-Team: Hamilton County property owners owe millions in delinquent taxes
WCPO
Hamilton County Treasurer Robert Goering said that, during the last decade, state income tax collectors have filed three liens on the property totaling nearly $313,000. Goering has referred the Franks' delinquent property taxes to county prosecutors ...


This state may allow you to pay your income tax with bitcoin or Litecoin
Motley Fool
8, the Arizona Senate passed a bill (SB 1091) by a 16-to-13 vote that would allow its residents to pay their income taxes using bitcoin or other cryptocurrencies recognized by the state's revenue authorities, beginning in 2020. The measure also passed ...

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The Mercury News

Letter: New tax plan lower taxes for some by just 2 percent
The Mercury News
... Lawn of the White House in Washington, DC, December 20, 2017. / AFP PHOTO / SAUL LOEBSAUL LOEB/AFP/Getty Images. By Letters From Our Readers |. PUBLISHED: February 18, 2018 at 8:06 am | UPDATED: February 18, 2018 at 8:17 am. President Trump ...


The Seattle Times

Guns, taxes on voters' minds as Washington state lawmakers hold Eastside town hall
The Seattle Times
Zhan Wang addresses state Rep. Tana Senn, left, state Sen. Lisa Wellman, and state Rep. Judy Clibborn at Somerset Elementary School in Bellevue on Saturday. (Alan Berner/The Seattle Times). State Rep. Tana Senn addressed the Florida school shooting ...


The Spokesman-Review

Spokane County property taxes to rise significantly in 2018
The Spokesman-Review
Cheney will see the largest property tax increase of 20 percent over last year – which equates to a tax bill increase of $375.29 for a $167,600 median-priced home. Airway Heights will experience a 17 percent jump in property taxes over last year, with ...

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