Learn About How A Tax Attorney Works: Difference between revisions
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Revision as of 07:01, 22 October 2024
A disgruntled ex-employed call the state, reported my family's glass business for sales tax evasion. On the list of local state sales tax auditors called plan some time to pore through our books.
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In our software company there are two in order to build wealth and that is through intellectual property and maintenance deals. These two things used together will build a consultant that can be sold for 2-4X income. Now to foster that investment with leverage, I use the "Infinite Banking Concept" to lend money for the business through "my own bank." Now the money firm pays me comes back as investment income thus lower tax bill. The new revenue the additional maintenance contracts bring foster new deals. The next step is actually by use "good debt" to leverage our coverage and purchase more maintenance contract revenue with our software website.
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