Most financial advisors only suggest retirement accounts. Real tax planning means actively managing your income to cut taxes roughly 50% in year one, potentially reaching a zero-tax bracket within three to four years without extra costs.
A lot of financial advisors you work with say, we do tax planning. That really isn't tax planning. Make sure you're in a retirement, put money in a retirement account. Hey, it's tax-deferred, things like that. Real tax planning is actually working with current income and being proactive to reduce their, their current taxes, which is massive. We say the tax-free business owner, generally we don't get people to the zero tax bracket the first year, but we might see people about 50% their first year, and then over 3 or 4 years when they engage with us, we'll get them to the zero tax bracket just with utilizing plans, not more money coming out of your pocket, not moving your investments around, all that ethical, moral strategies that stand up to IRS scrutiny that we can put in a designed, formalized tax plan for them. Then there's the other side of it, on the investment side, always having an eye towards how is this going to affect the taxes, not just this year, but 10 years from now, 15 years, 20 years.
