Protect Your Business and Yourself from Legal Taxes

Pay Your Legal Taxes? Maybe.

Check the laws. If you want to protect your business dollars, you may not need to pay all those taxes! Tax laws are enacted to take money away from the taxpayer or allow the taxpayer to keep more of their own money. How you use them determines whether you or the IRS keeps it.

$100 bills stacked on table with text: The wealthy don't leave it sitting there. — Additionally, any legacy planning or inheritance you may receive is also on the table. The wealthy certainly aren’t going to leave that money unprotected!

It’s that simple. There is money on the table. Grab it. Don’t let the IRS rake it all over to their side!

Who comes up with our tax laws?

Our tax laws generally begin as legislation from the president and are drafted by the Treasury. They were based on recommendations from the IRS, or individuals who own businesses or are in professional fields. The wealthy.

When wealthy, powerful people come up with an idea for tax laws, they don’t intend for the results to cost them money. The majority of the tax laws are for the sole purpose of keeping the money they have, whether earned or made.

The rich and the powerful use every means possible to remove obstacles that stand in their way of protecting their assets. They may not talk about it but they know exactly what I mean when I say Hack Your Tax. What happened when the Tax Cuts and Jobs Act became tax law? Here is information straight from the IRS.

How can you protect your business?

Tax laws offer business owners opportunities to remove a lot of money from the table and keep it. These are very lucrative opportunities. Of people with an AGI of $250,000 or more, 40% have at least one business structured as either a Partnership or S-Corp. Of those in the top one percent (earning more than $344,000 in 2009), the majority have a Partnership or S-Corp.

When F. Scott Fitzgerald told Ernest Hemingway “The rich are different from you and me,” Hemingway responded, “Yes, they’ve got more money.”

I think Hemingway should have added, “…and they’re business owners.”

Are you 100% sure you’re paying the least amount of legal taxes the law requires?

Melanie Radcliff CPA similing with text: Hack Your Tax. What does this have to do with tax laws? — Click image for details! A friend asked me what the word hack means relative to taxes. That’s a fair question. There are lots of definitions, but mine means getting obstructions out of the way quickly. Especially all the legal taxes that you’re paying. Those are obstructions to your success!

It’s your choice. Hack it or pay it.

Unless you take control of your total financial life from a strategic tax-advantaged position, you will continue to pay a lot of money in legal taxes that you aren’t required to pay.

Why did you start your business?

Chances are you have a skill or talent, and you want more control over your time, money, and important life decisions. You also wanted options. Are you using those options to their full potential? Probably not.

It’s no secret that most people are not business owners. Of those who are, most with an AGI (adjusted gross income) of less than $199,999, according to Accounting.com, have a spouse or family friend “do the books” for their business. It would be unusual for any of these individuals to have the knowledge and skill of a CPA who is also an expert in business and individual financial and tax-advantaged strategies.

Do more than protect your business

Image of Radcliff Office — Click Image to schedule your appointment. I look forward to helping you!

You became a business owner to have more control over your time and money. Now is the time to step up and finally really assert that control and power. You can protect your business and your total financial life by taking a strategic tax-advantaged position, hacking your tax, and paying ONLY the least amount of required legal taxes that the law allows. Click our Fort Smith office picture and book your appointment!

A Strategic Tax-Advantaged Plan is structured to protect your business and family, as well as you and your legacy, and maintain flexibility to adjust as laws change and your goals are redefined through the years. Here is an example.

As a business owner, you have the power to take control of your time and money. You also have the right and power to protect your business and yourself against legal taxes and pay only the least amount in taxes allowed by the law.

Did you know that we could save you tens of thousands of dollars in your business? WATCH our FREE 30-minute tax course with insider secrets!

The bottom line

You can have the same opportunities as my clients have to control their own financial future. I can become your CPA tax specialist and financial business and life goals adviser and you can have the control you need and want.