How to Cut Your Taxes to 10% or Less

Transcription

1 How to Cut Your Taxes to 10% or Less $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ During the worst economic collapse in our lifetime, your number one asset is your hard earned cash$ Presented by: Andrew Miles, Esq.

2 The average Chiropractor pay 31% in taxes You can legally reduce your taxes by more than 50% You pay around 31% on average now... In 2006, the 400 richest Americans had an average income of $263 million That same year, the very wealthy paid, on average, a tax rate of 17% the lowest in 15 years Some paid lower than 17% Why? People like Donald Trump can afford the best tax attorney, whereas the average person can t

3 The Wealthiest Americans pay about half that amount Warren Buffett revealed he is taxed at a lower rate than many of his lesser-paid employees Buffett said he was legally taxed at 17.7% on the $46 million he made last year, while his secretary was taxed at 30% Those who work for him, and make considerably less, pay on average 32.9% in taxes, with the highest rate being 39.7%

4 Legally reduce your taxes to 10% (or less), A HUGE new CASH category appears Instead of 32% What if you only paid 10%? 22% 11% 4% 6% 8% 9% 10% 1% 16% 14% Federal Taxes State/Local Taxes Housing Healthcare Food Transportation Recreation Apparel All other CASH Source: Consumer Expenditures in 2007, Income, Poverty, and Health Insurance Coverage in the United States: 2007

5 Tax deductions can save you thousands each year Fortunately, there is a reliable and perfectly legal way for you to reduce your tax burden The key is in arranging your affairs so that the majority of expenses are converted into legitimate business expenses and are eligible for a tax deduction A portion of your mortgage, travel, medical expenses, meals, entertainment, and much more can be paid for using legal deductions with pre tax dollars! The power of tax deductions can save you unlimited dollars each year Its all in knowing the educated tax system

6 Let s look at some proven legal guaranteed tax reduction strategies Lets Talk Tax Strategy

7 Children s Education Depending on your circumstances, there are several ways to pay for your Children s education If they are not dependants, you can deduct up to $5,250 per year using an educational assistance plan (Sec 127) If they are dependants, you can hire them and pay them up to $14,900 tax free toward their education. This can be used for things like music lessons, karate, dance, etc. Treasure Coast Trust. You receive approx. 50% deduction the first year you fund the trust. The rest can be deducted in years 2-4. This makes their education 100% tax deducible

8 Medical Expenses Sec. 105 and Sec 106 You can write off 100% of your family s medical expenses, with no thresholds (minimum) or maximums. Your plan can cover insurance premiums, deductibles and co-pays. It can even cover things that insurance refuses to pay for. Most Chiropractors are limited to only taking deductions In excess of 7.5% of Adjusted Gross Income (AGI) In fact, with the correct paperwork, you can write Off 100% of you medical care including: Insurance, Deductibles and co-pays Chiropractic, Massage, Spinal Care products and Treatment. Wellness care, Alternative Treatment, Laser surgery, rehab, Dental care, Orthodontics and more.

9 Tax-Saving Strategy: Tax Free Rent The IRS puts a limit on the number of days a company can rent a home: 14 days per year. That s twelve monthly Principal/Director/Board Meetings, one Semi-Annual meeting, and one Annual meeting In most major cities, the cost of renting a meeting room for 6 to 8 principals (with audio/visual equipment and catering for 2 meals is about $1,000 per day)

10 Tax-Saving Strategy: Tax Free Rent For illustration purposes, we will use the $ other areas may be a different cost (lower or higher) A company can choose to rent out a home for this average cost of $1,000 instead of a meeting facility. Instead of paying the hotel (or conference facility), the company pays the homeowner to rent his home

11 Tax-Saving Strategy: Tax Free Rent The homeowner does not claim this rental income as income as this is a special, non-taxable rental income. The homeowner does not claim the rental fee as income but as a special tax-free rent

12 Tax-Saving Strategy: Tax Free Rent You can even choose to rent out your own home Example: You the business owner rent the home from you the homeowner at $1,000 per day 14 days per year

13 Tax-Saving Strategy: Tax Free Rent $14,000 per year is spent by you the business owner and written off as Rental Expense, while this same $14,000 is written to you the homeowner as non-taxable Rental Income. That s $14,000 of nontaxable money Your practice can be the tenant So, it s a business deduction to your practice and It s NOT taxable income to YOU!

14 You get to keep more of the money from your business profits in your pocket instead of sending them to the government End Result

15 Every year, millions of citizens significantly overpay their taxes We just covered 3 tax saving strategies Those alone can save you up to hundreds of thousands dollars per year There are 400+ in total Most of you are overpaying your taxes

16 Lower your taxes? Who would like to get this down to where you re only paying 10% or less in taxes? If you would like to know how you could legally do this quicker, faster, safer and easier just say yes!

17 Is it your legal right As you ve seen you have a legal right to pay as little taxes as possible. These methods are entirely defendable and there are even ways to make it so if challenged, you can make the IRS prove you are wrong, rather than you have to prove you are right. As previously explained. Keep a tax diary!

18 Simple decision with profound results So make the simple but profound decision today to reduce your taxes and protect your assets FOREVER!

19 Ways we can help you You can hire me, Drew Miles, Tax Reduction Expert, directly to set up your entire tax reduction system for you My Fees are $30K per month I have helped over 4000 clients save more then $50 million in tax dollars For some people that is exactly what they want But for many they want a less expensive alternative Who here would like a less expensive alternative?

20 What about a proven expert tax Where you learn the HOW- TO and have a team of seasoned experts guiding you through or-- How about someone just does it FOR you? Ladies and gentlemen, I introduce to you adviser of your very own

21 Pathfinder Tax Savings and Asset Protection Experts With Pathfinder Business Strategies Program you will learn and implement legal, faster and smarter ways to reduce your taxes and protect your assets Hundreds of legal tax strategies to keep more money in your pocket Methods to shift the burden of proof to the IRS and audit proof your records How to invest your new found cash for maximum wealth building Easy and simple Everything will be laid out FOR YOU

22 How to get started There are different levels of advisory participation to meet your individual tax savings needs Spend an initial 90 minute consultation with a team of three experts: A Pathfinder CPA, tax attorney and tax reduction and asset protection consultant Within 90 minutes we guarantee you tax savings!

23 Our Guarantee to You If we don t find five times more in tax savings than your consultation cost, we ll give you your money back! Yes We re that confident.

24 Take a consultation Cost of the 90 minute consultation $1500 But because you are a participant here Today Only (we mean it) Your Cost $0 (first 20 Doctors)

25 What is the cost of not If you earn $200,000 per year over the next 10 years And your tax bracket is 31%, you ll pay $620,000 in income tax If your tax bracket is 10%, you pay $200,000 in income tax That s a difference of $420,000 for you to keep Who do you want to have that money you or the government? How many years do you plan on paying taxes? doing this?

26 Lower your taxes by millions or more dollars over your lifetime Use our expertise to get you there faster, safer and legally. Master the educated tax system Bullet proof your assets We guarantee your tax savings What's the gain?

27 It s legally yours to keep IT S NOT WHAT YOU MAKE IT S WHAT YOU KEEP

28 Start The Savings Now! To see how you can legally and ethically reduce your taxes to the barest minimum Make the commitment to take that life-changing action! All of our Programs have a money back guarantee so they are Risk Free to you! Contact us now to get started! (772) [email protected]