Frequently Asked Questions (FAQs)
Who is WealthAbility®?
WealthAbility® is Tom Wheelwright’s new company – it’s the new hub of the Tax-Free Wealth movement, and the go-to place for helping entrepreneurs and investors apply these principles to their life and business. It’s comprised of two amazing resources:
#1 Tax-Reducing and Wealth-Building Tools
In the near future, we will release a suite of tax-reducing and wealth-building “tools,” which will include software and educational courses.
#2 Access to Hands-On Professional Services
We connect people, who want to apply the Tax-Free Wealth concepts to their life and business, to professionals who provide those services. We’ll do that through a new, global network of Certified Public Accountant (CPA) firms called the WealthAbility® Network.
How do I become a member of the WealthAbility® Network?
If you are a CPA or know of a CPA firm that loves helping entrepreneurs and investors, click here to be added to the waiting list and to receive updates.
What is the WealthAbility® Network?
The WealthAbility® network is a global network of elite CPA firms trained by Tom Wheelwright and his team at WealthAbility®. These professionals are not only among the few CPAs to view taxes and the tax law in the right way, they also intimately understand the concepts of tax-free wealth from Tom Wheelwright’s best-selling book. This is the only network in the world certified to help others apply the Tax-Free Wealth principles in their business and investing.
Booking a Call
Who will I be talking with on the call?
The call is with a team member who is personally trained by Tom Wheelwright to help identify the best path to achieve your goals.
Why do you require a scheduled time?
How do I prepare for the call?
Why do I need to provide my U.S. tax returns?
How will I know that the documents I send are secure?
What happens after the call?
Our call is designed to help you determine what next steps to take. That may include services from a CPA firm in our WealthAbility™ Network our products, or referrals to others you need on your team. Depending on what was discussed during your call, you may have specific next steps or another call may be scheduled.
How long does the call last?
The call is approximately 30-40 minutes. We suggest you allocate an hour on your calendar.
What times are available for a call?
Why do I have to fill out an application?
When do I need to submit the application and my tax returns?
Will I get my specific tax or wealth questions answered during the call?
PRODUCTS & SERVICES
What if I just need one specific tax question answered?
What is a wealth strategy and what is a tax strategy?
A wealth strategy is a systematic plan of action to build permanent wealth. It is customized to your needs and your goals. A tax strategy is a systematic plan of action to permanently reduce your taxes, also customized to your specific situation. The most successful wealth strategies include a tax strategy so tax savings can be leveraged into tax-free wealth.
Can you refer me to tax advisors / CPAs in other states?
The WealthAbility® Network is our global network of elite CPA firms (trained by Tom Wheelwright). The members of network are able to provide services to you regardless of where you are in the U.S.
Do you offer investment advice or make investments for me?
What is the cost of your products and services?
Do you provide payroll services?
How soon can I get started with services?
The first step is to schedule a call. After the call, we can immediately coordinate you working with a member of our WealthAbility® Network. Then, your first meeting is typically in 3 to 4 weeks.
Can you prepare my tax return?
The WealthAbility® Network is our global network of elite CPA firms (trained by Tom Wheelwright). The members of our network are able to prepare tax returns regardless of where you are in the U.S. When a member prepares your tax return, the goal is to legally minimize your taxes. The best way to do this is to have a tax strategy in place. For this reason, our members only prepare tax returns for those who have (or will be) completed tax strategy services with.
Do you provide international services?
The WealthAbility® Network is our global network of elite CPA firms (trained by Tom Wheelwright). The members of our network have clients in over 15 countries. The international services include wealth strategy services as well as coordinating the U.S. portion of your international tax strategy.
Can you refer me to tax advisors in other countries?
If you don’t offer investment advisory services, then how do you help me with my wealth strategy?
Creating your wealth strategy is the first step in identifying investment criteria that fits with your goals. A wealth strategy provides a system that answers the question “Is XYZ a good investment for me?” In addition, creating your wealth strategy includes identifying others you will need on your team, including those with specific investment expertise or specific licensing.