Welcome to The WealthAbility™ Blog
Here you can find articles, press releases and episodes of our podcast Press ReleasesPodcast EpisodesPodcast Episodes
Episode 41 – Why People Cheat On Their Taxes
Episode 41: Why People Cheat On Their TaxesDescription: Everyone can legally save on taxes. So why do so many people cheat on their taxes? Donna Bobek Schmitt joins Tom to discuss her research into why clients and tax professionals act unethically and break the law....
Episode 40 – The Right Way To Take Money From Your Business
Episode 40: The Right Way To Take Money From Your BusinessDescription: Discover how to take money out of your business, pay the least amount of taxes, and protect yourself from lawsuits.SHOW NOTES: 00:57 - What Is The Best Way To Form Your Business? 02:47 - How Do You...
Episode 39 – How To Evaluate, Change & Maximize Your Advisors
Episode 39: How To Evaluate, Change & Maximize Your Advisors Description: Business is a team sport. Like any successful team, players need to constantly be evaluated. In this episode, Tom discusses how to continually evaluate your tax professional so that he or she is...
Episode 38 – Eliminate Your Fear Of The IRS
Episode 38: Eliminate Your Fear Of The IRS Description: Dealing with the IRS oftentimes is stressful and frustrating. In this episode discover how to efficiently and successfully navigate your way through IRS notices and audits.SHOW NOTES: 01:49 - What’s The...
Episode 37 – How To Pay Little Or No Taxes Like The Big Guys
Episode 37: How To Pay Little Or No Taxes Like The Big GuysDescription: Apple, Google & Amazon use the tax code to sharply reduce taxes. These same laws apply to anyone, you just need the education. In this episode, Tom explains how businesses of any size, and even...
Episode 36 – Reduce Your Taxes & Your Audit Risk
Episode 36: Reduce Your Taxes & Your Audit Risk Description: Tax preparers are often times afraid of an audit. This can result in paying higher taxes. In this episode, Tom discusses how you and your tax preparer can overcome the fear of an audit and decrease your...
Episode 35 – Pay No Tax When Selling Your Business
Episode 35: Pay No Tax When Selling Your BusinessDescription: The new tax code offers the possibility to pay less tax now and no taxes when you sell your business. Tom highlights specific provisions that allow business owners historic tax advantages. This is a...
Episode 34 – The Sexiest Real Estate Investment
Episode 34: The Sexiest Real Estate InvestmentDescription: Mobile homes may have a stigma, but to savvy investors they offer attractive cash flow and tax benefits. Kevin Bupp joins Tom to discuss the benefits of mobile home investing.SHOW NOTES: 03:47 - What’s...
Episode 33 – How To Remove Fear From Your Life
Episode 33: How To Remove Fear From Your LifeDescription: Imagine overcoming fear of money, fear of relationships, fear of taxes. Mark Yuzuik joins Tom to discuss his work helping people overcome fear in all aspects of their lives. This is a program for anyone seeking...
Episode 32 – Reduce Your Income Tax Today & Leave A Legacy For Your Family
Episode 32: Reduce Your Income Tax Today & Leave A Legacy For Your FamilyDescription: The interplay between income tax and estate planning offers an attractive financial opportunity. In this episode, Tom speaks with Andrew Howell about creating a better life for...
Episode 31 – Reduce Your Stress & Increase Your Wealth
Episode 31: Reduce Your Stress & Increase Your WealthDescription: Find out how stress impacts the human body & mind, and how it can impede your ability to make good financial decisions. Tom records this episode from Romania with John MacGregor & J.W....
Episode 30 – Did You Leave Money On The Table This Tax Season?
Episode 30: Did You Leave Money On The Table This Tax Season?Description: The 1st returns under the new tax code have been filed, and many of you could have done better. In this episode Tom explains the common areas you and your CPA may have overlooked, costing you...
Episode 29 – How The Government Will Pay To Lower The Risk In Your Business
Episode 29: How The Government Will Pay To Lower The Risk In Your BusinessDescription: Captive insurance is one of the best tax incentives. In this episode Tom speaks with Chuck Spitzer about how business owners and investors receive significant advantages from...
Episode 28 – The #1 Mistake Entrepreneurs & Investors Make
Episode 28: The #1 Mistake Entrepreneurs & Investors MakeDescription: Accurate data is your roadmap to success. And accurate data begins with good record keeping. Tom shares 5 tips you can use today to gain and maintain accurate data.SHOW NOTES: 02:28 - What...
Episode 27 – How To Upgrade To First Class
Episode 27: HOW TO UPGRADE TO FIRST CLASSDescription: The rich invest differently than the middle class and poor. In this episode, Tom speaks with Patrick Donohoe about advanced techniques of investing in life insurance that offer opportunities to expand wealth and...
Episode 26 – The Single Investment That Makes You Money 5 Different Ways
Episode 26: The Single Investment That Makes You Money 5 Different WaysDescription: Real estate can offer an investor five avenues to make money. Tom speaks with Keith Weinhold about maximizing the return on your real estate investments.SHOW NOTES: 05:44 - What Are...
Episode 25 – How To Reduce Your Taxes Everyday
Episode 25: How To Reduce Your Taxes EverydayDescription: Successful tax planning doesn’t happen once a year. There are actions you can take every day to help reduce your taxes. In this episode, Tom offers strategies that can be used daily to plan, execute and reduce...
Episode 24 – Ask Your CPA These Questions About The New Tax Law
Episode 24: Ask Your CPA These Questions About The New Tax LawDescription: The new tax law presents challenges and opportunities for you and your CPA. In this episode, Tom reveals how CPAs are adjusting to the new tax law, and how it can benefit you to meet with your...
Press Releases
CPA Tom Wheelwright Clarifies 9 Big Picture Tax Changes Impacting 2018 Returns
TEMPE, Ariz., Dec. 19, 2018 /PRNewswire-PRWeb/ To help taxpayers save money and reduce mass confusion, Tax-Free Wealth Author, CPA and CEO Tom Wheelwright clarifies nine tax law changes for 2018 returns based on the Tax Cuts and Jobs Act. 2018 will be the first year...
CPA Tom Wheelwright Releases 12 Year-End Tax Planning Questions for 2018
TEMPE, ARIZ. (PRWEB) SEPTEMBER 17, 2018 Tax-Free Wealth Author, CPA and CEO Tom Wheelwright announces 12 Year-End Tax Planning Questions to help primarily business owners, small businesses, and investors maximize savings legally during the first year that...
CPA Tom Wheelwright releases Tax-Free Wealth 2nd Edition with New Tax Law Updates
TEMPE, Ariz., Aug. 16, 2018 /PRNewswire/ Bestselling Author, CPA and CEO Tom Wheelwright announces the new release of Tax-Free Wealth 2nd Edition (August 2018) with updates based on the new Tax Cuts and Jobs Act of 2017. With less than four months left in 2018, this...
CPA Tom Wheelwright Uncovers 6 ‘Wayfair’ Supreme Court Decision Impacts on Retailers
TEMPE, Ariz., July 25, 2018 /PRNewswire-PRWeb/ -- CPA, CEO and Tax-Free Wealth Author Tom Wheelwright announces six major impacts of the South Dakota v Wayfair Inc. Supreme Court decision (June 21, 2018) on small business. The 5-4 ruling overturned the previous...
CPA and Tax Expert Tom Wheelwright Uncovers 5 Last Minute Tax Tips for Your 2017 Returns
With millions preparing tax returns in the U.S., CPA, CEO and Tax-Free Wealth Author Tom Wheelwright reveals five last minute tax tips for 2017 Returns due April 17, 2018. Taxes are one of the biggest expenses for anyone, and procrastination can be very...
Announcing WealthAbility!
Global Tax and Wealth Expert Tom Wheelwright Launches WealthAbility with Tax-Free Wealth Network™ of CPAs SUMMARY CPA, CEO and Tax-Free Wealth Author Tom Wheelwright launches a new wealth strategy and education company, WealthAbility to provide entrepreneurs with “Way...
