The IRS hates me… and so do most CPAs. Yes, it takes a special CPA to understand my particular brand of crazy. Using information written in the tax code, I have compiled a collection of strategies from top attorneys, CPAs, and even some of my own unique creations stemming from years of trial and error. This book takes the mystery out of saving thousands each year in taxes while helping to protect those income-producing assets.This book will cover some of the essentials for beginners as well as present secret strategies used by the wealthy to create generational wealth. Whether you are starting your first business or are an experienced entrepreneur looking for advanced tax-saving and asset protection strategies, this book is for you.Many CPAs and attorneys speak in code. Underneath it all, I'm an entrepreneur just like you and speak to you on your level. This book will break down complex tax and legal concepts in easy-to-understand terms. You will learn:The real difference between C corporations, S corporations, and LLCsHow to move your personal expenses to your business–legallyHow to build hundreds of thousands in business creditWays to sock away 10 times more for retirement than the average individual–and get your business to pay for most of itHow to use your business to protect your residence and other personal assetsHow to use multiple corporations to build a fortress around your wealthHow to implement my Nevada strategyWays to earn big money tax freeHow to use no-tax states to shield passive incomeHow to use shareholder loans to further protect your assetsMethods to avoid IRS auditsHow to deal with the IRS in the event of an audit Michael Wedaa has traveled to more than 100 countries on 6 continents. An avid traveler since his youth, he got started by visiting many of the national parks in the U.S. After visiting South America and Asia, Michael caught the travel bug and began taking four international trips per year. He was recently asked to be the host of a travel TV show entitled The Layover Experience. Michael's show, currently in production, explains how to use layovers as a tool to see multiple countries for free.
