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taxes must
Former Supreme Court Justice Oliver Wendell Holmes said, “Taxes are the price we pay for civilization.” Notice that Justice Holmes didn’t say that we had to pay retail.
This Tuesday at my Wealth Protection Webinar, I will teach you that, amidst all of the turmoil that we have right now and with all that is out of your control, there is a calmness. You find this calm by controlling the one thing that you can control the most, tax.
This week we learned we now have the highest reported inflation since 1982. Costs for consumers are now 7.5% higher. This was an even worse inflation reading than what was projected. Inflation is just another form of taxation.
Also, our national debt just went over $30 trillion! Higher inflation and taxation are coming and the key question is, are you best prepared?
Let us teach you how you can tackle your taxes. Taxes were designed for you and I to pay the legally least amount. The tax code, as voluminous as it is, was never designed to make you pay the largest amount of tax.
A client recently told me that it seems as if his CPA works for the government because the CPA doesn’t teach him how to pay less tax. He complained that his CPA just checks the boxes on the tax forms, gives him the filing deadlines and tells him the amount of money that he owes the government. He feels as if his CPA works for the IRS. I want you to know that it doesn’t have to be that way.
The Hidden Wealth Solution is about discovering and uncovering your hidden wealth. We do this on what we have found to be the key three areas of wealth protection. Number one is number one for a reason. If Baby Boomers and retirees don’t address taxes, the rest of their planning for themselves and their families will be inferior. Here are the three key areas we address:
- Tax Elimination
- Income Maximization
- Lifestyle and Legacy Preservation
Click Here to learn how much unnecessary tax Baby Boomers and retirees pay and how you can legally, morally and ethically avoid these unnecessary taxes.
Whether you’re a Baby Boomer trying to get to retirement or a retiree who’s trying to better get through retirement, the taxes you pay and how you treat the different income sources, each need a different strategy based on the different tax treatment for each of them. I want to teach you that you can control your taxes. In a world full of things that are out of our control, it’s possible to control your taxes before taxes head higher!
We find that the average Baby Boomer couple pays anywhere from $1,000 to $3,000 a month in unnecessary taxes. Here are some of the avoidable taxes that we see people unnecessarily paying:
- 85% of Social Security income being taxed
- Increased Medicare Parts B and D premiums
- Tax on Required Minimum Distributions (RMDs) due to not converting traditional IRAs to Roth IRAs
- Inherited IRA required distributions
- Capital gain taxes on brokerage accounts
This Tuesday, at my Wealth Protection Webinar, I will teach one strategy that President Trump put in the tax code (only through the end of this year) which allows those who qualify, to use a 100% tax deduction to lower their taxable income. This deduction can also be used to offset your RMDs. This deduction can also be used to convert your traditional IRAs to Roth IRAs without having to pay the conversion tax out of your pocket.
You work hard for your money. Imagine, less tax, less inflation impact (due to paying less taxes) and controlling what you can control – tax. At Tuesday’s webinar, I will teach you the only two income sources that escape taxing Social Security income, avoid increasing Medicare Parts B and D premiums, federal tax, state tax, capital gains tax and estate tax. Most people are unaware of what these income income sources are.
PROTECT YOUR RETIREMENT FROM UNNECESSARY TAXES
This tends to be a frustrating time of the year; gathering tax documents, handing them over to your CPA, getting their invoice and then having them tell you how much you owe. There’s a significant difference between those who just tell you what you have to pay verses those who work with you to teach you how much less you have to pay.
If you are a high-income earner or if you have been a strong saver in IRAs and 401(k)s, the time to protect yourself from taxes is right now! Learn what you can do to get a head start in 2022.
To register for Tuesday’s no-cost, no-obligation, log on and learn financial educational event, simply follow these four simple steps:
- Go to www.RetirementProtected.com (or scroll down to the form below).
- Select the webinar date/time you prefer.
- Enter your information thoroughly – make sure to double check your email address.
- Click “Reserve My Spot!” to submit, that’s it!
Once you’ve registered, you’ll receive an email containing a personal access link to join Tuesday’s event. Don’t forget to add it to your calendar!
This misguided administration’s plans are targeting high income earners, those with large capital gains as well as those with estates valued over $3.5 million. We find the top target is on high income earners of $200,000 or more and/or those who have saved $1 million or more. These are the people who will benefit the most from our proven solutions. Solutions with a track record of measurable results.
Register for your preferred webinar time now because these events have proven to fill up fast.
Those who attend this event will receive a complimentary copy of my latest eBook:
The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.
Spouses and Significant Others are Encouraged to Attend This Event Together
Note: We serve Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.
Chuck Oliver
Wealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!
www.TheHiddenWealthSolution.com