Straight Talk: Get an early start on your Tax Planning

Get an early start on your tax planning
Welcome to Straight Talk.  Straight Talk is just that. I don’t mince words. I tell it like it is.
I have reached an age where the nonsense, the B.S. and the snake oil salesman who don’t know what they are talking about just won’t do. I have over 35 years of experience in my industry, advanced degrees and countless hours coming alongside business owners to build rock-solid foundations and use the most advanced business, legal and tax ideas and strategies to save tens of thousands to hundreds and yes even millions of dollars, protect what you have and increase your lifetime net worth.
I appreciate your enjoyment of our insights on growing your business by design, changing your wealth and increasing your choices.

By the fourth quarter, doing tax planning is most likely too late.  

If you have some revenue that you can hold until next year that might help in pushing off tax.  If you can take some deductions that can help in reducing your revenue for this year and save some tax.  Beyond that, if you waited until now, there is not much that can be done.

My tax tip for those who have waited is to get an early start on your tax planning beginning with the start of the New Year.

What are your next year’s goals for revenue, for expansion, for sale?  

Whatever those goals, bring your professionals in early so they can be of the greatest value in structuring activities to take advantage of the laws.  Meet regularly, devise a plan, a strategy and tactics to implement the strategy.

Review what is working and not working.  Make revisions and provide yourself with the best chance to grow your business by design.

Our vision is to enhance the way people think and talk about wealth not only in money, but in values, beliefs and traditions.  

Our mission is guiding people in Mastering the 5 Stages of Wealth.  Survival to make ends meet; Security for themselves and their family; Affluence by enjoying the benefits of the wealth created; Influencing others through one’s own clarity of purpose and vision; and Legacy of the impact and difference you can make in the world and how you will be remembered.

Thank you for being a part of our Straight Talk community.

Our goal is to educate, transform and inspire business owners and families in enhancing the way they think and talk about wealth in money, values, beliefs and traditions.  

What is your Legendary Future?  We welcome you to share your ideas and thoughts.

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