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Authors; Tom Wheelwright

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Author Specialises in Articles on : Free Online Legal Advice & How To Grow Wealth
Online Tips & Find Article by Tom Wheelwright, Tom8
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Building Your Wealth Team
Building your own personal wealth team is perhaps the most important step you can take to creating massive amounts of wealth. Why? Quite simply, it's a matter of leverage. At ProVision, we are fond of saying that the three most expensive words in the English language are, "do it yourself." When we try to do things all by ourselves, we are ignoring the fact that we all have only 24 hours in the......
Similar Editorial : Team Building Through Leadership by Elizabeth Partin. | Source : Money Making Guide

Rich Or Wealthy
I have often thought over the past couple of years about the difference between being rich and being wealthy. Is there a difference? If so, what is it? And how do we become wealthy?It seems to me that there is a big difference between being rich and being wealthy. When I think about someone who is rich, I think about someone with a lot of money. And I typically think about someone who is quite......
Similar Editorial : Get Rich by Roy Primm. | Source : Money Making Guide

The Three (3) Pillars Of Financial Health
This is all about the foundation of financial success: wealth strategy. My key purpose here is to draw a clear, unmistakable distinction between wealth strategy and what usually passes for "financial planning."To be blunt, conventional financial planning is based on a scarcity mentality. Professional financial planners will ask you what is the minimum you can retire on. They will help you list all......
Source : Safeguard Dental Insurance

Inside Secrets Of Failed Tax Strategies
I have seen the inner workings of hundreds of tax strategies. I recently did a study of tax strategies to reveal the inside secrets of failed tax strategies. I was searching for common causes of the failures. The most common causes all centered around cost, but not in a way you may expect.- The real cost -When determining if the cost of the strategy was outweighed by the benefits, many people......
Similar Editorial : Why Your Ad Failed by Robert Warren. | Source : Tax Planning

Is Legally Lowering Your Taxes Ethical?
When the income tax was first introduced in the early 20th century, it was a flat rate on high-income taxpayers. As the Government needed more money, the rate increased and the tax base broadened to include more and more people. If this were the end of the story, I would not be writing this blog and would not spend my time helping people lower their taxes.The Government soon learned that taxes......
Similar Editorial : Legally Eliminate Debt by Raylam. | Source : Tax Planning

John Mccains New Tax Plan
On Tuesday (Tax Day), John McCain announced his idea for how to simplify the tax filings for mllions of people. Finally, a workable idea!!! His idea is quite simple and would solve many problems. For those of you who didn't hear about it, here it is in a nutshell.Create an alternative tax that is optional (not mandatory like the AMT). The alternative tax would be a flat tax, with two tax rates, a......
Similar Editorial : John Lennon by Robert Benson. | Source : Tax Planning

How Do I Find The Right Tax Advisor?
This is the time of year when all Americans think about their tax situation and what they might do differently to reduce their heavy tax burden. There is a record of an ancient civilization that was required to pay 50% of their earnings to their captors. They considered themselves in bondage. And yet, many Americans who earn over $100,000 per year pay far more than that in federal and state income......
Similar Editorial : Mutual Funds Advisor by Dean Forster. | Source : Tax Planning

How Should Your Llc Be Taxed?
The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:- a sole proprietorship- a partnership- a C corporation- an S corporationDo you know how your LLC is taxed?If your LLC did not make an election, then it is taxed as the default classification. The default classifications are:If your LLC has one member (owner)......
Source : The Federal Income Tax

Three (3) Secrets To A Successful Tax Return!
How do you find a tax preparer that is right for you?First, not all tax preparers are the same. I wrote an article about this last year titled: Tax Returns: Are They All Created Equal?HOW DO YOU FIND A TAX PREPARER THAT IS RIGHT FOR YOU?First, not all tax preparers are the same. I previously wrote an article about this last year titled: "Tax Returns - Are they really all created equal", and you......
Source : The Federal Income Tax

Help Your Business With New Tax Law
Congress recently passed the Economic Stimulus Act of 2008. It's designed to inject $152 billion into the U.S economy. What does this mean to you?If you own a business, your business can take advantage of two tax breaks: Increased Section 179 Amounts and Bonus Depreciation.You could be one of the 130 million taxpayers who will receive a rebate check this year. For more on this tax relief topic,......
Similar Editorial : Business Cartoons Mean Business by Mark Anderson. | Source : The Federal Income Tax

Tax Law Changes That Will Impact Your 2007 Tax Return
Expect some changes when you file your 2007 tax return! Here are a few highlights from the Small Business and Work Opportunity Act of 2007.Do you own real estate?At the very end of 2007, Congress passed a bill with several tax law changes impacting real estate. Qualified Joint Ventures by Married Taxpayers If a husband and wife who file a joint return are the only members of a qualified joint......
Similar Editorial : Return To A Quiet by Tim Stewart. | Source : The Federal Income Tax

Top Ten Tax Deductions For Landlords
No landlord would pay more than necessary for utilities or other operating expenses for a rental property. But, every year, millions of landlords pay more taxes on their rental income than they have to. Why? Because they fail to take advantage of all the tax deductions available for owners of rental property.Rental real estate provides more tax benefits than almost any other investment. Often,......
Similar Editorial : Association Of Landlords by Peter G. King. | Source : The Federal Income Tax

Tax Law Changes That Impact Homeowners
With foreclosure rates at an all time high, new tax law was passed at the end of 2007 to help homeowners avoid unmanageable income tax debt due to income created from a foreclosure. The new law also covers mortgage renegotiations and other real estate related benefits.How is income created from a foreclosure? Here is a common scenario:A lender forecloses on a property and then sells the property......
Similar Editorial : Low Speed Impact by Dan Baldyga. | Source : The Federal Income Tax

Should I E-file My Tax Return?
Over the last few years, there have been several advantages, or even requirements, provided by state governments and the IRS to encourage tax filers to file their returns electronically. Statistics show the percentage of e-filers is on the rise. With tax return deadlines right around the corner, we want to share our thoughts on the questions we receive most often from clients about e-filing.Top 5......
Source : The Federal Income Tax

Tax Returns - Are They Really All Created Equal?
Is a tax return prepared by the tax service in the mall of the same quality as that prepared by a major CPA firm? What does it mean to have a "quality" tax return? In fact, can a tax return be prepared in such a way as to reduce income taxes? Are tax returns really the commodity that they seem to be? As we approach Tax Season, I wonder how many people understand the potentially vast differences......
Similar Editorial : Online Tax Returns by Peter Blake. | Source : 2007 Federal Income Tax



April 15th Tea Party
Getting this number right will reduce any penalties and interest that could be assessedApril 15th Reminder Many individuals and businesses have estimated tax payments due April 15th, so even if yo......
Similar Editorial : About Boston Tea Party by Frank Johnson. | Source : Why Weed Should Be Legal

Army Of Two 2 Trailer
For more on how to be prepared, see my recent article titled Three 3 Things You Can Do To Be Prepared For An Audit...
Similar Editorial : A Tail Of Two Cats by Jane Tompsett. | Source : How To Handle Finances Pg. 69

Building And Land Technology
Be sure to review these options with your tax preparer before they begin preparing your tax return...
Similar Editorial : Analog And Digital Technology by Patricia Stevens. | Source : How To Handle Finances Pg. 292

Business Start Up Costs
Important note about start-up costs An election must be made on the business tax return to properly claim start-up costs. Be sure to discuss this with your tax preparer.Warmest Regards,Tom...
Similar Editorial : Analog And Digital Technology by Patricia Stevens. | Source : How To Handle Finances Pg. 29

Business Strategy And Implementation
The synergy between the strategy makers and the executors will ultimately decide the final outcome...
Similar Editorial : Business Advantages And Disadvantages by Kris Koonar. | Source : Stress Management In The Pg. 7

Children To Work Day
Getting your children in the game and on your payroll provides many opportunities to reduce your taxes. Even more exciting is what your children can do with this money to put their money to work...
Similar Editorial : 2008 Best Places To Work by Tal Fighel. | Source : How To Lower Your Tax

Currency Rates Real Time
If Cap Rates are high, it may be a great time to buy more property in your market. A good real estate broker can give you a pretty good idea of the cap rate for your property.Warmest Regards,Tom...
Similar Editorial : 2008 Best Places To Work by Tal Fighel. | Source : Property Investment

Dimarzio Fast Track 2
It takes effort, both from the investor AND from the investors advisors.Warmest Regards,Tom...
Similar Editorial : 2008 Best Places To Work by Tal Fighel. | Source : How To Handle Finances

Double Tax Avoidance Agreement
If you have the slightest discomfort about your tax status for purchases you have made any time in the last ten years, I will offer a free analysis of your situation.Dont hesitate to protect yoursel......
Similar Editorial : 1031 Tax Deferred Exchange by Omar Johnson. | Source : How To Handle Finances Pg. 299

E Filing Tax Returns
If your e-file has been accepted by IRS, you may even receive your refunds via direct deposits in as little as 7 to 10 days!...
Similar Editorial : Deadline For Tax Returns by Grojan Fabiola. | Source : What Is My Tax Bracket

Fast Track Guitar 1
For more on Velocity, please see my article The Fast Track to Your Financial Freedom Part 2 - Adding Velocity to Your Investments.Warmest Regards,Tom...
Similar Editorial : Deadline For Tax Returns by Grojan Fabiola. | Source : How To Handle Finances Pg. 194

Federal Tax Law Changes
5 percent to 117.25 percent for payments due in July, August and September 2012...
Similar Editorial : Deadline For Tax Returns by Grojan Fabiola. | Source : How To Handle Finances Pg. 260

Financial Markets And Instruments
Be sure to ask your CPA how you can benefit from the new tax law...
Similar Editorial : Deadline For Tax Returns by Grojan Fabiola. | Source : How Much Is My Income Tax

Get House In Order
This all means opportunity - opportunity to increase your overall interest deduction and opportunity to turn taxes into wealth to add velocity to your wealth strategy...
Similar Editorial : 10 Commandments In Order by Justin Koh. | Source : How To Handle Finances Pg. 73

Help With Tax Returns
This greatly minimizes the chance of receiving a tax notice.Returns are processed more quickly if you are due a refund, it will be sent sooner.Warmest Regards,Tom...
Similar Editorial : Deadline For Tax Returns by Grojan Fabiola. | Source : How To Handle Finances Pg. 306

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