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    A Blueprint for Building Wealth Through the Tax Code: Solutions for Retirement, Business, and Real Estate Tax Problems
    A Blueprint for Building Wealth Through the Tax Code: Solutions for Retirement, Business, and Real Estate Tax Problems
    A Blueprint for Building Wealth Through the Tax Code: Solutions for Retirement, Business, and Real Estate Tax Problems
    Ebook167 pages1 hour

    A Blueprint for Building Wealth Through the Tax Code: Solutions for Retirement, Business, and Real Estate Tax Problems

    By Andrew Keehn

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    About this ebook

    Many people do not receive adequate tax-saving advice from their current tax professional, and they pay more taxes than they are legally required to pay. The reason is simple: Most accountants are tax accountants and tax preparers, not Tax Strategists. They see their job as taking the information you give them and filling in boxes. They are simply reporting history. This book is filled with tax strategies no one is telling you about such as:
    • Accountable plans for S-Corporations
    • Multiple strategies for charitable giving
    • Tax problems when you sell your business,
    • Real Estate tax strategies,

    Reading this book will teach readers how to:
    • Properly hire your children and parents
    • Have your business pay your medical expenses.
    • Legally deduct vacation expenses as a business owner.
    • How to kick the IRS out of your retirement plan and stop risking your money in the stock market
    • How to stop relying on banks
    • How utilize high-cash value, dividend-paying life insurance policies throughout your lifetime

    You'll also be introduced to some financial strategies to help you optimize your wealth
    • A better place to store capital than a bank
    • Infinite Banking/Family Banking Systems,
    • Why the average rate of return has no meaning and why you need to focus on the real rate of return.
    LanguageEnglish
    PublisherBookBaby
    Release dateSep 24, 2024
    ISBN9798350969306
    A Blueprint for Building Wealth Through the Tax Code: Solutions for Retirement, Business, and Real Estate Tax Problems
    Author

    Andrew Keehn

    Andrew Keehn is an enrolled agent (EA), wealth strategist, business owner, real estate investor, and tax advisor. He helps his clients build and protect their wealth with strategies often overlooked in this ever-changing economic climate.

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      Book preview

      A Blueprint for Building Wealth Through the Tax Code - Andrew Keehn

      Chapter 1

      Execute the Basics to Perfection

      Before we get to the advanced stuff, let’s review the fundamentals. First, the single biggest factor that causes business owners to overpay taxes is disorganization and bad bookkeeping.

      The single biggest factor that causes retirees to overpay taxes in retirement is the contribution of the bulk of their retirement savings to a 401(k), IRA, or other qualified account.

      As business owners, we are terrible at recordkeeping. It’s a boring task, and it tends to be a skill we undervalue and an expense we don’t want to pay for. We always seem to have too many other things going on, and we ignore bookkeeping. But it’s critical. Bookkeeping is the single best tax strategy you can have, and it’s critical for a successful business. About 95% of the customers that come to me would fail an IRS audit simply due to their horrific record keeping and

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