Round Table | What Not To Do When Trying To Save Taxes

Tax evasion is a crime. However, there are legitimate strategies to minimize your tax bill and keep more money in your pockets. The rich use many of these strategies because they have very tax strategists in their corner. But how can ordinary people take advantage of the same information? Who do you ask for help? What should you not do when trying to save taxes?

Tune in to this round table as the coaches provide insights on the following:

Seeking professional help
Building a plan and sticking to the plan
Evaluating tax brackets and using creative strategies to stay in the lower bracket

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4:05: Why is this topic important?
14:42 - What should you look for in a tax professional?
19:49 - Do you sometimes make the mistake of putting pressure on your CPA?
21:51 - What should you ask and do when seeking the help of a tax professional?
24:55 - How do you avoid sticking to the plan that was created before you were there?
28:35 - What adjustments have you made to your plan?
30:21 - How much money can you save by being willing to pay for the services of a good tax professional?
33:49 - What are some key takeaways from today’s conversation?

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