Tax Strategy & Planning
Memphis
Our Minimizing Tax Strategy
Minimizing Taxes is essential for many because Americans lose about 1/3 of their income to taxes. We are able to help minimize taxes by understanding and inheriting two methods.
The first method, we must focus on correcting tax withholding. This is important because 80% of all employees have too much money withheld from their paycheck for taxes. When too much money is withheld, the employee is unable to use that money.
We help maximize take home pay and use it for investing or debt elimination. The strategy is amazing, because if an employee increases his take home pay by $500 monthly and invest it at 8% Rate of Return, he will have almost $175,000 in 15 years and over $745,000 in 30 years.
The first method, we must focus on correcting tax withholding. This is important because 80% of all employees have too much money withheld from their paycheck for taxes. When too much money is withheld, the employee is unable to use that money.
We help maximize take home pay and use it for investing or debt elimination. The strategy is amazing, because if an employee increases his take home pay by $500 monthly and invest it at 8% Rate of Return, he will have almost $175,000 in 15 years and over $745,000 in 30 years.
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Most people get confused by this but the U.S. operates on a marginal tax bracket system. This means as you move into higher tax brackets, you are only paying the higher percentage on the income in that tax bracket. Moving up does not mean you will pay the higher percentage on your entire income for the year.
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Cash Flow management, is the second method. we will show you how to take your negative cash flow and turn it into a positive cash flow through practiced and popular financial strategies that will aid you in tax advantage and protection.
