03rd December 2008
One area that almost all of my clients and prospects need to increase their knowledge on is bookkeeping. The issue? They don't understand the rules of bookkeeping. After all, they aren't accountants.
Most clients and prospects start out by asking wh...
01st December 2008
Is There a Difference Between Being Rich and Being 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 seem...
21st November 2008
Do you think making more money means having more wealth? Many people do because it seems logical that high income would translate to high wealth.
This is not true!
Do you know people who make a lot of money from their business or their job but neve...
18th November 2008
Today my team and I are wrapping up the month of October with our annual Halloween office party. It's a nice way to end the month, which is always one of the busiest months at the ProVision office. One of the reasons October is always a busy month is be...
18th November 2008
I've been speaking at several seminars this fall. My topic of choice is wealth strategies because wealth strategies cover it all - not just wealth, but taxes and business too. Plus, the topic of wealth strategies takes me all over the world to speak bec...
29th October 2008
Many of you were surprised that there were tax law changes included in the Emergency Economic Stabilization Act of 2008 because most of the coverage has focused on what the Act is intended to do for the economy, specifically, helping the credit markets ge...
17th October 2008
Earlier this month, the President signed into law the Emergency Economic Stabilization Act of 2008. The financial markets rescue plan is one of the main components of the new law, but the new law also includes over 100 tax provisions!
HOW THE NEW LAW ...
13th October 2008
- The Big Secret to Creating Wealth -
The big secret really isn't a secret. Many of you will read this big secret and think to yourself, "Of course! I know that! Tell me something I don't know!"
The big secret to creating wealth is...take action ...
18th September 2008
Where is Your Wealth?
I have been speaking at several seminars lately on the topic of building permanent wealth. One of my favorite things about speaking at seminars is talking with the participants one-on-one. In just the past few weeks I've met hun...
15th September 2008
Recently I've been sharing tax strategies related to getting your children in the game and on your payroll. Now that you've put your children to work, the next step is to put their money to work!
There are many ways your children can put their money t...
15th September 2008
Tax elimination is my favorite type of tax planning because it permanently reduces taxes. A lot of tax planning is focused on just temporarily reducing taxes, this means you pay less tax today but will pay more in the future. In other words, the tax is ...
09th September 2008
What Can Your Children Do For Your Business?
As a parent, I'm always looking for ways to teach my children life long lessons about money. One of the best teaching tools I have found is money! What I really like about money as a teaching tool is not o...
06th September 2008
When used correctly, C Corporations are a great way to supercharge a tax strategy. I find that when my clients make the most of their C Corporations, they reduce their taxes by a minimum of $10,000 every year.
- The Biggest Mistake With C Corporations...
02nd September 2008
Have you thought about upgrading your equipment to the newest industry standards but were afraid of the cost? Or perhaps you want to improve your office to make it more comfortable for your patients? Do you need to upgrade your reception area to make it...
22nd August 2008
When I coach clients on their tax strategy to legally reduce their taxes, many of the strategies require monitoring throughout the year. The monitoring serves two primary purposes:
#1 To Monitor the Numbers
Many tax strategies are based on income a...
