Many people view April 15th as the end of tax season and
enjoy the idea that they don't have to deal with their
taxes for another year. I look at April 15th a little
differently. I see April 15th as the time to start
planning your taxes for the next year (and the next year
and the next year).
The best potential to create massive tax savings comes from
planning your taxes not only throughout the year, but years
in advance.
This doesn't mean you have to treat your tax planning like
a part-time job (although I've seen tax savings that yield
more than a part-time job!). It simply means take a few
hours now to create a tax strategy that is specific to you,
then integrate your strategy into your daily routine and
take a few hours a month to keep it on track.
I think most people dread tax planning because it's
something they have found to be boring and confusing (and
sometimes painful) in the past. Traditional tax planning
can be all of this!
This is why I've made it my mission to make taxes more
understandable. I've just recently taken the hundreds of
strategies I use with clients and broken them down into 5
secrets that cover the scope of how to create massive tax
savings.
5 Secrets to Massive Tax Savings
Secret #1 Rules the IRS Won't Tell You
Secret #2 Creating Permanent Tax Savings
Secret #3 Forming Your Personal Tax Strategy
Secret #4 Tax Saving Entity Structures
Secret #5 Reducing Your IRS Audit Risk
I'm so excited to share this information!
I'm going to share more about each of these secrets over
the next few weeks, but before getting into those details,
this week I want to share the common theme behind each of
the secrets.
Behind Every Secret is... Knowledge! Now, I'm not
referring to the type of knowledge that will have you
quoting Internal Revenue Code sections - that falls into
the category of boring and confusing. The knowledge I'm
referring to is the type of knowledge that makes you aware
of what creates massive tax savings so you begin to see
your daily routine a little differently.
Here is an example most people can relate to:
Have you ever noticed that right after you buy a new car,
you see that same car everywhere and you don't remember
ever seeing that many before? The reality is the cars have
always been there, it just takes awareness to see them.
Once you become aware of the car, you see it everywhere.
The same is true for tax savings! The opportunities are
there, it's just a matter of being aware of them.
----------------------------------------------------
Many people view April 15th as the end of tax season and
enjoy the idea that they don't have to deal with their
taxes for another year. I look at April 15th a little
differently. I see April 15th as the time to start
planning your taxes for the next year (and the next year
and the next year).
http://www.provisionwealth.com
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