YES Yacht Executives Share Their Time, Talents & Treasure
For Those Ready To Take Their Wealth To The Next Level
Principled Prosperity In Practice - The Best Of Both Worlds
“You make a living by what you get, you make a life by what you give”, is often attributed to Winston Churchill. But what he actually said is much more profound: “What is the use of living, if it be not to strive for noble causes and to make this muddled world a better place for those who will live in it after we are gone? How else can we put ourselves in harmonious relations with the great verities and consolations of the infinite and eternal?”
How do you define a successful life? Wealth? Prosperity?
Noblesse oblige? To whom much is given, much is expected?
More time to do what's important to you? Fewer worries? Joy?
Social scientists call it "Self-Actualization or Self-Transcendence".
Finding what you're designed to do, doing it, then helping others fulfill
their calling. Aside from the abilities many may have for amassing great wealth,
we are all uniquely blessed with special gifts, talents, interests, and passions so we
may bless others. Nature, yachting, animals, special needs children, the socially
disadvantaged, medical missions, are a few examples of common passions.
Thus, we seek to share our gifts with you so you may be a blessing to others.
The many benefits of benevolence (tax, financial, physical, emotional, social, and
spiritual) are explored elsewhere: Nevertheless the consistent over
payment of taxes by many of the most affluent remains one of the
certainly reduces the number of charitable works. For example:
Congress estimates over 50% 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.
A report from the Treasury Inspector General for Tax Administration showed that less than half of the eligible taxpayers took advantage of available income tax provisions and found 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.
The General Accounting Office found 71% of S corporations using paid tax preparers submitted returns that contained errors.
It’s worse for high income earners. The IRS reports that more than 99% of those earning $200,000 or more, fail to take full advantage of all potential benefits and deductions available to them.
Research shows that taxes are up to 10 times more important to long term wealth than investment decisions. LEARN MORE.
We trust you have more rewarding uses of your time and treasure, than working more- only to pay more taxes than necessary! YES offers to share our talents to bless you in this regard- so you may have more resources to pursue your passions and be a greater blessing to others.
After 30 years working with the world’s leading tax and legal advisors to the “super-rich”, we now regularly identify and apply often overlooked tax provisions that can reduce tax burdens of high income earners 20 to 50% - and sometimes even more. That means you can actually work less but take home more money after tax. It’s not what you make but what you keep. We help you keep more.
Thus, to encourage the support of worthy charitable organizations, to reward wise stewardship, and to help yacht owners maximize their yachting investments, we are donating a limited number of prosperity and economic consulting services - starting with confidential tax assessments. (Our hourly rate is $925).
Receiving your blessing can be quick and easy. Rather than depending on any organization's formal fund raising schedule, we have crafted a structure that allows nonprofits and their supporters to benefit throughout the year. Combining the best characteristics of silent auctions and online auctions provides maximum convenience and flexibility.
First, identify a donated product from the list of services. YES Yacht Executive Solutions and others have donated a few of their services to various nonprofits and charities in order for them to sell as fundraisers – primarily in silent auctions, online auctions, or as the nonprofit determines. While some of the donated items are certainly of interest to yacht owners, most of the items should have broad universal appeal to many supporters of various charities.
For example, reducing one's tax liability should be of interest to everyone. Enjoying the yachting lifestyle, for a day or week, or even longer- is not limited to yacht owners! While we expect the list of available goods and services to grow and evolve, nevertheless, the current products include:
A Tax Review identifies areas of tax savings. Good for everyone, boat owner or not. With greater income, more benefits.
A Charter Business Tax Compliance Check designed for boat owners that claim tax deductions from a charter operation.
For charter owners seeking profits, a Marketing Plan Review by a marketing firm - not just a yacht broker with a website.
Various - speaking and non speaking - roles in all types of TV and film projects are occasionally available.
Private and customizable yacht charters for day, week, or even longer, may also be available.
Second, simply contact your favorite charity or nonprofit from the listed programs and ask about buying one of the YES donated items. Depending on the nonprofit, your timing, their need for funds at the moment, and your good favor, you may be able to obtain your desired service from the nonprofit at substantially less than the going rates. Alternatively, if your timing is off, or you are so inclined, you may also pay more than the going rate in order to further help the charity.
Finally, after your purchase from the charity, they will notify us and we can get started on your behalf. It’s that simple.
A note about the tax deductibility of your purchase. The estimated values are provided based upon our current rates. Any sum paid below that value is not tax deductible as a charitable donation, but may be as a professional fee. Sums paid above the estimate value may be tax deductible as a charitable donation depending on the specific circumstances of the organization, the tax payer, and the transaction.
If you seek greater prosperity and you don't already have a charitable organization in mind, we encourage you to consider one of these worthy programs. However, if you know of other worthy groups or charities that would like to be included, or have any questions about the donations, please contact us.
TIME IS MONEY,
DON'T WASTE IT OVERPAYING TAXES
Because you have better things to do with your time
That if your current advisors knew, surely they'd have told you already- wouldn't they?