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:


NJ.com

Local leaders warn: Your property taxes will rise unless this happens
NJ.com
TRENTON -- New Jersey's 2 percent cap on police and firefighter arbitration awards must be renewed, or else taxpayers will see their services cut and property taxes rise, local government leaders said Friday. The cap on awards police and fire unions ...


The Detroit News

Feds: Sen. Johnson spent ghost employee cash on taxes
The Detroit News
Detroit – Federal prosecutors unmasked Sen. Bert Johnson's ghost employee Friday and accused the politician of giving her a no-show job on his Senate payroll so he could repay money he spent on property taxes. In a court filing, prosecutors for the ...

and more »

fox13now.com

The Utah State Legislature is doing a 'deep dive' on taxes and that will affect what you pay
fox13now.com
"The sales tax was originally done in the 1930s," said John Valentine, the chairman of the Utah State Tax Commission. "It was based on tangible personal property sales. Today, a majority of our transactions are not tangible personal property. They're ...


PennLive.com

Owe back taxes? Don't try to get a job with this Pa. county
PennLive.com
Allegheny County added a new element to its background check for new full-time employees: a check on whether all real estate taxes are paid. The new policy, which took effect earlier this month, will require new hires to verify their real estate tax ...


Chicago Sun-Times

Wrigley deal: Bars, rooftops get home-run breaks on property taxes
Chicago Sun-Times
Welcome to Wrigleyville: Home of the world champion Cubs — and home of some of Chicago's best deals on property taxes. Take Casey Moran's, one of the most popular bars in the booming neighborhood. Two years ago, Cook County Assessor Joseph ...
Wrigleyville Bars Are Saving Millions of Tax Dollars Through LoopholeEater Chicago

all 3 news articles »

Asheville Citizen-Times

Delinquent taxes, Rock Building top county agenda
Asheville Citizen-Times
Stepped-up efforts to collect back taxes have largely united Republicans and Democrats on the Madison County Board of Commissioners. However, a party-line split on how best to sell land foreclosed by the county for failure to pay taxes re-emerged at ...


Fort Wayne Journal Gazette

Pence visits state to talk taxes, health bill
Fort Wayne Journal Gazette
ANDERSON – Vice President Mike Pence pitched a nonexistent tax reform bill Friday in the first of several administration visits meant to spur support for a major restructuring. He stuck to broad strokes as there is no legislation filed – focusing on ...
7 reasons Indiana is a focus of Trump-Pence tax reform effortsIndianapolis Star
Republicans say big tax cuts worked in Indiana — Pence aims to see them at work across AmericaCNBC
Pence Offers Few Details On Tax Reform During Visit To AndersonWVIK
Virginian-Pilot -The White House (blog)
all 215 news articles »

Fortune

Why Google, Facebook, Amazon, and Netflix Might Soon Face Higher Taxes in Europe
Fortune
The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United States and other rich nations, in a move that could spark a new transatlantic dispute. The EU is ...
EU to find ways to make Google, Facebook and Amazon pay more taxThe Guardian
European Commission plans EU-wide tax crackdown on tech giantsTelegraph.co.uk

all 41 news articles »

FOX 8 News WVUE-TV

Will Jefferson Parish increase property taxes by collecting 100 percent of the drainage tax?
FOX 8 News WVUE-TV
Some Jefferson Parish council members said Friday they are not ready to raise property taxes by collecting all of the mills of the drainage tax. And late afternoon, the Yenni administration signaled that its interest in the idea is not etched in stone ...


Bloomberg

Republicans Looking for Easiest Way Out on Taxes
Bloomberg
But the Trump administration began expressing support for a bipartisan bill, signaling the White House may change course and oppose any cuts for wealthy taxpayers, including backing off from the elimination of the estate tax. A bipartisan bill wouldn't ...
Senate Republicans Embrace Plan for $1.5 Trillion Tax Cut - The ...New York Times
Corker unveils tax reform detailsThe Hill
White House seriously considers abandoning some tax cuts for the wealthyWashington Post
Politico -Fox Business -The Hill -Money Morning
all 485 news articles »
Google News

Employment Taxes ? What Are They?

If you have employees, you are responsible for paying a... Read More

Taxation of Isle of Man Companies from April 2006

At the present time a company incorporated in the Isle... Read More

Seven Key Tax Deductions for the Self Employed

As a sole proprietor, it's wise to familiarize yourself with... Read More

What Is Tax Law?

The federal tax code is complex. This complexity generally arises... Read More

IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters

The IRS has obtained civil injunctions against more than 100... Read More

Anticipating Your IRS Refund Can Cost You Plenty

While accountants are reaching for aspirin, millions of Americans are... Read More

Save Money on Taxes - Let Uncle Sam Pay for Your Fun!

"Deducting Meals and Entertainment"O.K. You've been working really hard on... Read More

I Havent Filed a Tax Return with IRS in Years, What Do I Do?

In elementary school, kids come up with creative excuses why... Read More

Tax Tips - Which Tax Form Is Right For Me?

IRS Tax forms can be confusing.Am I a 1099 or... Read More

The Internet Tax Man Cometh

Q: I was contacted by the city tax collector to... Read More

What is a Federal Tax Lien?

A Federal Tax Lien (FTL) is a legal instrument that... Read More

Tax Trap #3 -- IRS Penalties, Interest and Love Letters

As a small business owner or self-employed person, one of... Read More

Correspondence From The IRS ? Yikes!

It's a moment every person dreads. You pick up the... Read More

Euro Tax Haven Threat

Media reporting of a new EU savings tax directive has... Read More

Military Reservists, Enlistees May Get Deferral of Back Taxes

Reservists called to active duty and enlistees in the armed... Read More

Business Tax Deductions

As we enter mid-March, taxpayers begin to become very interested... Read More

Rental Property Tax Deductions

Own residential rental properties? This article discusses how income from... Read More

Back To School ? Educators Deduct School Expenses

As teachers and students head back to school following a... Read More

Fiscal Deity: Tax Consultant

Strategic planning throughout the year results in a minimal tax... Read More

10 Thoughts on Tax Offer in Compromise

Beware of advertisements that claim to settle tax debts for... Read More

How Likely Are You To Be Audited?

Statistics for IndividualsUnfortunately, the IRS increased its rate of auditing... Read More

Keeping Your Own Money ? NOT Handing It Over To The Taxman

Most people trying to make a crust online (or offline... Read More

Navigating The Internet Sales Tax Laws

QUESTION: I have been contacted by my local city... Read More

Surprising Truths About Tax Preparers

Choosing the right tax preparer for your business is a... Read More

A Taxing Investment

April 15 - The most dreaded day of the year... Read More