Tom Wheelwright, CPA
13:12
Tom Wheelwright, CPA
6 months ago
wealthability.com
Want to teach your kids wealth and cut your taxes? Put them on payroll. Paying your children isn’t just a tax strategy. It’s a mindset shift. You’re not just saving money. You’re transferring wealth, building work ethic, and funding their future tax-free. But this only works if you treat it like real business. Pay them for real work. Set them up on payroll. Follow the four rules: business purpose, ordinary, necessary, and documented. And here’s the kicker don’t touch that money for groceries or
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Want to teach your kids wealth and cut your taxes? Put them on payro…
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Join our webinar tonight at 7 PM BST London featuring Tom Wheelwright, CPA and discover how REDUCING YOUR TAXES can BOOST your CASH FLOW Don’t forget to register here to receive the webinar further details and your zoom link:  https://www.successresources.com/wealthability | Success Resources | Facebook
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Join our webinar tonight at 7 PM BST London featuring Tom Wheel…
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The fastest way to build wealth in any economy? Learn to read the tax...
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The fastest way to build wealth in any economy? Learn to read the t…
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With the right strategy, you can deduct meals, travel, and even your house legally. This is tax education most CPAs never share. Most people pay taxes first, then spend what's left. They're wondering where all their money went. The wealthy do the opposite—they spend money BEFORE taxes, not after. If you want to change your tax outcome, you have to change your facts. If you do the things the government wants you to do, you end up with a lower tax bill. Meals with business purpose? Deductible. Tra
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With the right strategy, you can deduct meals, travel, and even yo…
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If your CPA’s main job is filing your tax return then they work for the IRS, not for you. Tax returns are history. Wealth is built by changing the future. If you’re not getting proactive strategy, constant feedback, and smart questions that challenge the way you earn and invest, then you’re leaving money on the table year after year. Still think you don’t need this? Comment Tax1 if you’re ready to find out what your CPA isn’t telling you. #TaxFreeWealth #InvestorTaxStrategy #EntrepreneurCPA | To
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If your CPA’s main job is filing your tax return then they work for the I…
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If you're paying too much in taxes, it's not bad luck, it's bad strategy. The tax law is not out to get you. It’s a series of incentives designed to reward business owners, investors, and wealth builders. If you're overpaying, you're not breaking the rules... you're just playing for the wrong team. The wealthy don’t fear taxes; they use them. Because when you follow the incentives, the government becomes your silent partner in building wealth. Play the game right, and you don’t just pay less, yo
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