Two Solutions to Remove Taxes!

In this week’s Hidden Wealth Reviews, I teach about the importance of the tax deductions and tax credit solutions about which I’ve been talking. The clear tax and spend focus of the Biden administration was spelled out during this week’s quasi debate. Imagine, learning how to protect your money from socialism by removing taxes from the earned income and the added income that occurs when you convert traditional IRAs to Roth IRAs (in order to avoid retirement taxes).

We have met with several clients to discuss unique tax-savings solutions. One of them was a CPA. He was astonished and wanted to know more. He learned that the 10 times tax deduction has been in the tax code for decades. We now have 47 approved tax-savings strategies on our tax savings platform. This unique platform now has the approval of over 600 CPA firms.

In concept, the 10 times tax deduction program is similar to real estate in that real estate allows you to take a deduction for depreciation. Also like real estate, you don’t need 100% of the cash for the investment up front. You can make a downpayment, but you still get to take a deduction for the full purchase price of the real estate (less the land value).

The proprietary Treasury Department approved tax credit program is a credit, not a deduction. This tax credit provides dollar-for-dollar tax removal. As an example, we recently met with a client who was very concerned about future tax rates and wanted to take advantage of the current Tax Cuts and Jobs Act tax rates. He learned how to convert $300,000 of his traditional IRAs to Roth IRAs.  The conversion tax on his IRAs was 100% erased by the tax credit program.

Learn More About How To Remove Taxes

This coming Tuesday, at my Tax Protecting Your Retirement webinar, I will be teaching the IRS approved, and Treasury Department supported, tax savings strategies.  I will show you how you can use these proven solutions to do four key things that the Tax Team has been able to support for our clients:

1. Eliminate your Required Minimum Distributions (RMDs) by converting your traditional IRAs to Roth IRAs, using the ten times deduction to offset the taxes normally due on the conversion.
2. Create an annual income tax savings by using the deduction to decrease or eliminate your taxable income. One client is saving $50,000 a year in taxes by using the 10 times tax deduction.
3. Divest out of real estate, a business or other appreciated assets, offsetting the capital gains and depreciation recapture taxes.              
4. Use “The Rich Man’s Roth” to shield your tax savings from further government taxes by using the 10 times tax deduction to create an annual tax savings. This tax shield applies not only to you, but to family members who will eventually inherit the funds.

Imagine, more financial success, less stress and less worry. Learn how you can benefit from tax elimination solutions by registering for Tuesday’s webinar. To register, follow these four simple steps:

1. Go to www.RetirementProtected.com (or scroll down to the form below).
2. Select the webinar date/time you prefer.
3. Enter your information thoroughly – make sure to double check your email address.
4. 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!

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