Taxes are an area of life that most of us don’t want to deal with, but we also know there are some advantages to dealing with them in the right way. In today’s episode, Tom Wheelwright joins the show to share some key insights and tax strategies. If you’re interested in how you can achieve your big financial goals faster by permanently (and legally) reducing your taxes, this episode is for you.
Tom is a CPA and CEO of Wealth Ability, as well as a Rich Dad Advisor, entrepreneur, speaker, and bestselling author. He has so much value to share in the area of tax strategy, so listen in to learn about the various investments that the government will incentivize you to make and how to make them work for you. Tom also helps reframe how to better understand government incentives and deductions in a way that allows you to make more money and allow steady, predictable growth.
- 1:24 – Tom’s background as a CPA and his connection with Robert Kiyosaki.
- 5:31 – His family history in business and entrepreneurship.
- 7:13 – How to make the most of our “partnership” with the government and how Tom chose the seven investments for his book.
- 10:25 – How to use taxes to your benefit.
- 13:08 – The incentives people often miss out on and how deduction works.
- 15:39 – How to start comparing and understanding the tax differences when it comes to commercial real estate for your business.
Featured on the Show:
- Tom Wheelwright: Website | Facebook | LinkedIn | Twitter | Instagram
- David Phelps: Website
- The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make by Tom Wheelwright
- Tax-Free Wealth: How To Build Massive Wealth By Permanently Reducing Your Taxes by Tom Wheelwright
- Wealth Ability Show
- Wealth Ability For CPAs Show
- Robert Kiyosaki
- Freedom Founders Discovery Call
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