Lighten Your Tax Burden By Up To 50%

Overcome Your Obstacles To Greater Prosperity
Debug your current tax inefficiencies.

We find that the greatest impediment preventing people from taking their wealth to the next level, and living the best that the good life has to offer - most people are their own worst enemies.

For example, most agree it's illogical and irrational to pay more taxes than necessary. Many Americans may also believe it's immoral given what their government does with their taxes.

Most would never knowingly directly financially support many of the causes and activities which the federal government funds. However by continuing to substantially pay more tax than necessary, they are complicit in providing indirect funding of programs and policies they would otherwise oppose.

Using the government as a middle man doesn't absolve them of their responsibility.

While most don't know they are overpaying their taxes, there are those that for some reason, choose to remain willfully ignorant. Often being led astray by well meaning but misguided advisors. Not even the best advisors can know everything. Regardless of the cause, whether the tax advisors are ineffective, incompetent or corrupt, the net effect to the tax payer is the same.

Even though it's widely acknowledged and recognized that the ultra-wealthy regularly and consistently pay little to no taxes, which is the foundation to long term wealth maximization and true prosperity, when presented with the opportunity to do the same; to consistently lower their own taxes, to only pay what is truly owed, to stop needlessly overpaying their taxes, and to invest those tax savings into more rewarding endeavors, its common for many people to initially think such opportunities are only available to the super rich and beyond their means.

Ironically, those already considered affluent, wealthy and economically successful are usually the most susceptible.

Unfortunately for those that are already somewhat successful, their very success can be an impediment to greater success. The most common obstacles preventing many from going to the next level of true prosperity, living as the ultra wealthy and paying little to no taxes seem to most often express themselves- in one form or another- implicitly but also explicitly- as complacency, pride, or fear:

1) Complacency is being self-satisfied and comfortable with the status quo, which hinders the drive to improve or make advancements, therefore making it the opposite of progress and the enemy of success.

"Fighting complacency by being self-critical. Complacency is another disease. It is usually borne out of arrogance or success, but it is a guarantee of future failure. Our competitors are not resting on their laurels – nor can we. The only way to fight complacency is to always analyze our own actions and point out our own weaknesses. It’s great to openly celebrate our successes, but when the door is closed, management should emphasize the negatives." JPMorgan Chase 2017 Annual Report

2) "I'm smart and successful. I'm too smart to be paying 20-40% or more in taxes when it may not be necessary since I could be paying only 5% or less. I make a lot of money. I pay a lot of money to the best and brightest tax, legal, and investment advisors for the best tax advice. The types of tax savings enjoyed by the ultra-wealthy must not be available to me because if they were, my team of advisors would have already told me".

3) "It sounds too good to be true. I'm so smart and successful that if there was any way that I could pay little to no tax like the ultra-wealthy I would already know about it- and be doing it. If I and my advisors don't know about it, it must not be true, legit or perhaps even legal. I'm not saying that we think we are a bunch of know it all's, but......"

Our purpose here is to simply demonstrate with a few documented examples and a couple of questions - that's irrefutably not the case. No one knows everything and that almost anyone can live like the super rich-but you must first do what the super rich do. Starting with your taxes.

Could your taxes be a little "buggy"?

The Tax Cuts and Jobs Act of 2017 (TCJA) passed during President Trump's first administration, was the beginning of some of the most sweeping tax code reform in a generation. And even with new tax code changes pending, nearly all tax payers, most tax professionals, & even the IRS - were then and to this day remain largely - in the dark.

That's a classic case of what's known in accounting, economics, finance, tax & business as "the cockroach theory".

Which states in part: bad news, errors, incompetence, fraud, etc like cockroaches, rarely travel alone. They hide in the dark, unseen and multiplying until their presence can no longer be ignored or denied. Their numbers ultimately become so overwhelming that they are forced into the light.

Where you find one cockroach - or tax problem, error or oversight - it's wise to operate as if the one you've found so far isn't the only one, but there are likely many more hiding somewhere close by in the dark that you have not seen- at least not yet.

By asking if your taxes, tax plan, or tax professionals might be a little buggy, we don't mean to suggest that anyone or anything might be afflicted with or exhibiting irrationality and mental unsoundness.

Rather, we ask you to consider if your tax systems or programs might contain errors, faults, or imperfections that reduce reliability, performance, or user experience and satisfaction.

In short, might there be room for improvement?

Could you and your tax advisors be in the dark?

For example, did you know that in 2018, 2019, 2020, and 2021, there was a new provision in the tax code (a provision that was later revoked under Biden) that enabled anyone - regardless of the amount or type of income - to pay no federal income tax?

Regardless of how much you made or how, from $100 to $100 million in ordinary, passive, or capital gains, during those four years, all of your income- your total Adjusted Gross Income (AGI) could have been - and should have been - tax free!

Some of the wealthiest Americans paid little -if any- tax. Did you?

Did any on your team of advisors: CPAs, tax professionals, attorneys, investment advisors or wealth managers during those four years ever discuss with you those tax code provisions that enabled you to pay no tax?

If not, why not?

Why did they let you pay 4 years of unnecessary taxes?

Did any of your tax, investment or wealth advisors discuss how much those tax savings could become once invested?

You have to ask yourself, if your tax advisor did not talk to you about tax provisions that could have eliminated your taxes for four years, is it likely that is the only beneficial tax code provision they have failed to discuss with you?

Is it possible / likely that they may be overlooking other beneficial tax code provisions? How much might that end up costing you?

What else are your current advisors possibly not telling you? Now and in the future?

The Documented Proof You Could Have Avoided All Tax 2018-2021

For demonstration purposes, lets consider the example above, the tax provision in 2018, 2019, 2020, and 2021, that enabled anyone - regardless of the amount or type of income - from $100 to $100 million in ordinary, passive, or capital gains, during those four years to pay no federal income tax?

Let's keep things simple. A generic tax payer earned $1,000,000 of ordinary income and had a combined state and federal rate of 40%.

Consequently, if he and his tax advisors are in the dark as to the special tax provisions, he is looking at approximately $400,000 of taxes due.

Over those 4 years, that's 40% of the $4,000,000 earned or $1,600.000 of unnecessary taxes paid. But the cost is really much more than that considering what the $1,600,000 of excess taxes paid could have grown to if invested.

Changes to the 2018 Publication 526 due to the Taxpayer Certainty and Disaster Tax Relief Act of 2019

The Taxpayer Certainty and Disaster Tax Relief Act of 2019 included retroactive tax relief for tax year 2018. The Act expanded what is considered a qualified contribution for relief efforts for the 2018 year. The Publication 526 is not being revised at this time. Instead, see the following information below. Qualified contributions for relief efforts for 2018 disaster. If you make a qualified contribution for relief efforts in a qualified disaster area, your deduction for the qualified contribution is limited to 100% of your adjusted gross income minus your deduction for all other contributions.

As you can see, the relevant portions of IRS Publication 526 Charitable Contributions for the years 2018, 2019, 2020, and 2021are relatively similar and consistent:
Qualified cash contributions for 2020.

If you make a qualified cash contribution for tax year 2020, your deduction for the cash contribution is limited to 100% of your adjusted gross income (AGI) minus your deduction for all other contributions.

Thus, it's clear and irrefutable that for the four years 2018-2021, anyone could deduct 100% of their charitable donations against their total Adjusted Gross Income (AGI) whereby they would owe NO federal taxes regardless of the amount of earned income or it's source.

Did Your CPA Tell You How To Avoid All Federal Tax In 2018 - 2021?

If your CPA and professional advisors didn't tell you about these changes to the tax code so that you could avoid owing any taxes in the four years 2018-2021- if it's any consolation, you're not alone.

But in all fairness to your CPA and giving your advisors the benefit of the doubt - if you do not already make regular and large charitable donations, why would your CPA think you would be interested in donating 100% of your income to charity?

Perhaps you are expecting too much from your CPA, attorney, investment advisors and wealth managers. Maybe you're asking them to do things beyond their training and expertise?

A thorough knowledge of the tax code is just the beginning. Even the most diligent CPA or consummate tax professional working alone would likely be inadequate - as different discipline expertise is usually required,

For example, in 2018-2021 anyone with the right team of advisors, should have recognized the opportunity to do some good, do exactly what the federal government is incentivizing tax payers to do to help their fellow Americans in need, and be properly rewarded as a result.

They would have realized that they can borrow the funds to make the charitable donations. And that interest rates were especially attractive - at about 1-2%.

Thus the generic tax payer in our example, rather than paying $400,000 in taxes (40% tax rate against $1,0000,000 of AGI), could borrow $1,000,000 at very low and attractive terms, make a $1,000,000 charitable donation of the borrowed funds, eliminate all tax liability saving the $400,000.

The only questions then are:

1) the cost of the borrowing- rates and terms, and

2) what are the investment yields that can be earned by investing the tax savings?

For our purposes, lets say our generic tax payer could have borrowed the $1,000,000 at 1%. Thus it would have only cost him $10,000 in interest as opposed to $400,000 in tax.

Our tax payer would have saved $390,000 in cash.

15 Times The Tax Savings For A 6 Year IRR Exceeding 57%

As we emphasize and explain with real world examples, it's not just the first year tax savings, but what those tax savings can become if properly invested and allowed to compound over time.

We recognize that most already have investment advisers and wealth managers offering offering a plethora of investment options. Some may have access to superior risk adjusted opportunities and while others have some specific asset expertise.

There is no shortage of investments.

For our purposes, lets consider our generic tax payer would have invested all of his $390,000 in cash tax savings in cryptocurrencies. Bitcoin to be specific.

Thus, according to this Bitcoin Calculator, over just 6 years as of the date of this writing, our generic tax payer could have turned his original tax savings of $390,000 into almost $6,000,000.

Please note- his original taxable Adjusted Gross Income was only $1,000,000 per year.

Where There's One Tax Oversight - Could There Be More?

The United States General Accounting Office (GAO) estimates 60% - 90% of all tax returns prepared by tax professionals contain errors.

In 2019, the GAO told Congress the tax code complexity results in both under-payment & over-payment of taxes. A GAO study of paid tax professionals (CPAs) revealed:

• only ten percent (10%) prepare tax returns correctly, per tax law & error free,
• thirty-seven percent (37%) "made errors with substantial tax consequences".

Of course that's better than prior studies where not one CPA was correct and the range of tax liabilities between the highest and lowest was 100% or twice as much.

Congress estimates over half of all taxpayers overpay their taxes by not taking advantage of available tax provisions.

89% of taxpayers that overpay their taxes use “professional” fee paid tax preparers such as CPA’s.

The Treasury Inspector General for Tax Administration reports less than half of taxpayers take advantage of the available income tax provisions finding that:
• paid tax preparers didn’t know about key changes in the tax code,
• didn’t think their clients would benefit, or
• used preparation software that led them to believe there would be no benefit.

Past Performance Is Usually The Best Predictor Of Future Performance

What else might your current team of CPAs and other investment advisers be overlooking. How much tax will you pay this year? Did they show you how you could have paid as little as 2%?

If not, why not?

Here are some summaries of various tax plans prepared in December of 2024 for someone earning $30,000,000 in ordinary W-2 income.

Since we don't actually "do taxes" we rely on CPAs and other third party tax professionals to double check our strategies, this confirmation is from two publicly available tax resources: one of the premier tax preparation firms and the IRS.

Under the status quo without YES, someone earning $30,000,000 of ordinary w-2 income could owe $11.3 million in federal taxes - not including any applicable state income taxes.

Alternatively, with various YES strategies, a professional athlete or corporate executive for example earning $30,000,000 could - depending on which strategies he wanted to employ- lower his federal tax liability to only $5.7 million, $1 million, or as little as only $ 268,000. And those savings are for each year.

Those are tax rates on $30,000,000 of W-2 ordinary income of about 37.7%, 19.25%, 3.5% or less than 1%.

Current 2% Tax Rate

Why Your Experts May Often Fall Short: Expectation Vs. Experience

Perhaps you may be expecting too much from your current team of tax and financial advisors.

We are talking about your CPA, attorneys, investment advisors, wealth managers, bankers, etc.

For example, have any of them discussed tax free crypto transactions?

How about long term crypto loans with 100% LTVs and 0% interest rates?

We acknowledge that most of you probably already have a superb team of competent advisors. But things often fall through the cracks and are overlooked because your advisors are single discipline experts.

The fact that your advisors are such experts in their fields requiring their singular focus in their discipline is one of the reasons opportunities are overlooked, fall through the cracks and that the more affluent tend to overpay the most tax.

Ironically, the better the expert advisors are in their field, the more vulnerable the taxpayer.

Professional ethics and even regulations often prohibit your experts from opining on things which they are not officially recognized as being qualified to opine.

Each profession claims it seeks to protect the public, but the more skeptical may suspect that each profession simply wants to protect its turf from the potential competition- as much as possible.

The reality is that with the constantly rapid change in regulation, technology, and judicial decisions, professionals can't even keep up within their own disciplines much less with other areas. That's one reason why they require contentious education to try to maintain some minimum competency.

You should expect your attorneys to be as proficient as possible on law so they don't overlook something and not spend their time trying to be a financier.

As good and competent as your investment advisors, wealth managers, bankers, are: few if any of them are going to suggest opportunities that they can't match- even if they knew of it.

In fact it is actually prohibited. It's called "outside business activities" and "selling away".

For example, which of your current team of advisors would you expect to know about, much less tell you about long term, interest free loans, with Loan To Value (LTV) up to 100%?

With only 24 hours in a day, do you want your CPA to be as proficient as possible on the tax code so they don't overlook something or spend their time trying to be a financier- something they are not - nor are they trained?

What about your attorneys?

Which of your current advisors have ever suggested buying a yacht and creating a yacht charter company as a good profitable investment? Few if any competent yacht brokers would dare make such a recommendation.

Thus if you want to make yacht ownership profitable and the yachting lifestyle prudent wealth management you may want to consider doing some things differently in the future.

A Wake Up Call: Your Future - Your Decision

We have only just barley begun to scratch the surface.

Congratulations if you are one of the fortunate few that already knew of these tax provisions to lower your federal income tax to less than 5%.

However we hope this serves as a wake up call and opened the eyes of those that have been complacent and significantly overpaying their taxes for years.

Your future depends on your decision.

As economic consultants, we don't replace or compete with your current CPA, legal or financial advisors, but are essential supplements thereto.

We are another set of eyes with a different perspective and a complimentary skill set. In all candor, one that few others can match. For example, how about starting with:

We provide specialized expertise and a competitive information advantage that complements and enhances the productivity of everyone's current as well as future efforts.

Our contributions help ensure maximum efficiency and prosperity - with a special emphasis for those opportunities that might otherwise fall through the cracks or be overlooked.

In fact, the best and the brightest tax advisors and wealth managers welcome our addition to the team. They recognize our unique skills can relieve some of their burdens, making their jobs easier, more productive and efficient, thereby enabling them to provide better service and greater value to even more of their clients.

Overcome Your Obstacles To Greater Prosperity Debug your current tax inefficiencies.