The government will pay you to invest in their list of priorities, such as jobs, energy, food, technology, and the like, as long as you do it the way the government wants you to. It’s a win-win for the government, business owners, and society.
We all use the tax incentives, but according to Tom, we don’t understand that the biggest tax incentives are for investors and business owners. They are not for little things we do for ourselves or other people.
Tom shares the seven investments the government will pay the business owners for and how to invest in these in this episode. Up to this point, it has been the rich who have taken advantage of these because they have good tax professionals. In order to leverage these things, you have to get good advisors. Accountants, bookkeepers, and financial coaches can start with the books The Win-Win Wealth Strategy and Tax-Free Wealth to better position themselves so they can advise their clients about the tax incentives in businesses.
The more wealth you build, the less tax you pay.
Tax and wealth expert Tom Wheelwright is a CPA, CEO of WealthAbility®, Rich Dad Advisor, entrepreneur, international speaker and the bestselling author of Tax-Free Wealth: How to Build Massive Wealth By Permanently Reducing Your Taxes. Wheelwright is the CPA for Robert Kiyosaki (Rich Dad Poor Dad) and has spoken on stage on every continent to over 100,000 entrepreneurs, small business owners and investors. He also is the host of two popular podcasts: The WealthAbility® Show with Tom Wheelwright CPA and The WealthAbility® for CPAs Show.
His goal is to help people achieve their financial dreams faster by permanently and legally reducing their taxes. Wheelwright is a contributor to Entrepreneur magazine, and his work has been seen in Forbes, The Wall Street Journal, The Washington Post and on FOX and Friends, Marketplace / NPR, ABC News Radio and hundreds of other media outlets.
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