The WealthAbility Show with Tom Wheelwright, CPA

Successful tax planning doesn’t happen once a year. There are actions you can take every day to help reduce your taxes. In this episode, Tom offers strategies that can be used daily to plan, execute and reduce your taxes. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast25

The new tax law presents challenges and opportunities for you and your CPA. In this episode, Tom reveals how CPAs are adjusting to the new tax law, and how it can benefit you to meet with your CPA before you file your tax return. This is am important episode for anyone trying to navigate the new tax law in the U.S. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast24

Nothing strikes more fear in people than a government audit. In this episode Tom explains what triggers government audits, and what steps you can take to ensure that an audit is nothing to fear. Tom dissects how government CPAs approach audits, and how you can effectively deal with them. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast23

Asset protection is a vital & basic part of any investment strategy. Tom speaks with Garrett Sutton about how to form your business or setup your investments in a way that avoids potential lawsuits. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast22 Learn more about Garrett Sutton by visiting  https://www.corporatedirect.com/ 

Your CPA can’t save you a dime. You have to take action in order to make way more money & pay way less taxes. In this episode, Tom discusses how investors and business owners should best position themselves to utilize the skills of a CPA and other team members to build success. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast21

Record keeping is the most important skill required to build wealth. In this episode Tom discusses how to keep records, and more importantly, how to use records to make good financial decisions. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast20

Professional investors enjoy higher returns and better tax benefits than amateur investors. In this episode, Tom discusses how certain investors make more money and qualify for better tax benefits based on how they invest. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast19

Gold is often seen as a hedge against inflation. In this episode, Tom also explains the tax opportunities gold investing may offer. Tom speaks with a precious metals broker who offers the risks and rewards of buying gold. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast18   Learn more about Dana Samuelson and The American Gold Exchange by visiting https://www.amergold.com/

Tom discusses the three important questions you must ask yourself to create the life and business you want. This episode includes details on an upcoming special CPA Event on building your brand and finding your strengths. Sign Up For The Event: https://wealthability.com/event/ EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast17

Clayton Morris, former-Fox News anchor, joins Tom to discuss his transformation from TV star to successful real estate investor. Choosing to leave a lucrative, high-profile career was an easy decision, because Morris took control of his wealth by creating passive income that allowed him to ditch his paycheck. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast16  Learn more about Clayton Morris: http://www.claytonmorris.com/

All investors are not created equally. Why do some people excel at real-estate investing while others gravitate to stocks? In this episode, David Kolbe joins Tom to discuss how savvy investors pre-determine their strengths and apply this knowledge to creating wealth. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast15   Learn more about David Kolbe by visiting: http://www.kolbe.com/

The new tax code offers many people the opportunity to cut income tax by 20%. In this episode, Tom offers a glimpse of how he works with clients to help them reduce taxes. Hear from a small-business owner about how tax planning helps him effectively run his business and reduce taxes. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast14 Learn more about Cliff Holt by visiting https://www.utahfamilypharmacy.com/

Life insurance offers tax and investment benefits to all investors. Kim Butler joins Tom to discuss the different types of life insurance available and what opportunities each presents to investors. Learn more about Kim Butler by visiting www.partners4prosperity.com

Understanding the new tax code not only allows you to pay less taxes, it may also encourage you to make more money. In this episode, hear a real-life case study of how a real estate investor educated himself, paid less taxes and used the tax code to increase his income. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast12 Learn more about JP Newman by visiting http://www.thrivefp.com/

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