CTW 069: Tom Wheelwright - Understanding Tax Laws and Incentives
Tom Wheelwright, CPA is the visionary and bestselling author behind multiple companies that specializing in wealth and tax strategy. Tom is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker and a wealth education innovator. In Tom’s best selling book Tax-Free Wealth, Tom shows entrepreneurs and investors how to build massive amounts of wealth through practical and strategic ways to permanently reduce taxes. Tom’s goal in life is to make taxes fun, easy and understandable.
Some of the topics discussed:
- The biggest changes in tax laws over the years
- Breaking down the newest law and the tax benefits
- “Buy, borrow, die” philosophy
- Bonus tax depreciation
- Charity, automobile and home office deductions
- How children can affect tax deductions
- Opportunity zones and their tax benefits
- The expiration of the new tax laws and how that affects things
Recommended Resources:
- Tax Advisor
- Tax-Free Wealth Network
- Wealth Ability Podcast
Recommended Reading:
Connect with Tom via his website, wealthability.com.
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