The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions
Even if you aren’t a sports fan, the concept of having a “game plan” before heading into an athletic event shouldn’t be a foreign concept. In
fact, I think we can all agree that if a team or an individual taking part in a serious competition doesn’t have a game plan before starting, the likelihood of success will be minimal. Even in a friendly backyard game of one-onone basketball, you would quickly devise your plan of attack, whether it’s focusing on outside shots or taking your buddy to the hoop with aggressive layups.
Business and tax planning couldn’t be any more similar. It is absolutelycritical to have a variety of plans in place for the different “games” you may play in the tax and legal arena. Just as in sports, if you don’t research and devise well-thought-out strategies as you build your business, you could lose not just your shirt (or thousands of dollars), but also years of your life with wasted time and stress.
But where does a small-business owner turn? There has to be an existing playbook with strategies that can help you in your struggles
and decisions. But how do you know if those answers fit your situation? How can you trust what you’re reading? Regrettably, millions of entrepreneurs across the U.S. face these problems each year, never quite finding the comprehensive analysis of their tax and legal structure they desperately need.
The unlucky ones are instead bombarded by self-proclaimed gurus who use coaching systems run by unlicensed and unqualified staff to sell their overpriced game plans without tailoring them to the client’s situation. Others are trapped in relationships with CPAs and lawyers inherited from their family—advisors they can’t fire out of loyalty, even though they are stuck in a rut of outdated strategies. If these situations weren’t troubling enough, add to the mix the do-it-yourself websites and software that enable entrepreneurs to screw up their tax or legal planning with the click of a button.
Do any of these situations sound familiar? Like millions of entrepreneurs across the country, you may very well be searching
for the best tax and legal approach to running your business. You deserve regular consultations and game plans that are comprehensive, understandable, affordable, and tailored to you and your business. Sadly, too many entrepreneurs never get such advice. Athletes facing the same struggle of how to win turn to coaches with credentials and experience for guidance in training and building their game plans. You can do the same. You can learn the basics to become the captain of your own team, directing your players with a broad understanding of the rewards and pitfalls of quality tax and legal planning.
As a certified public accountant and lawyer, I can say with great confidence that finding a professional skilled in both legal and tax matters is a rarity in the small-business world. Most professionals with my training end up in big business, working for Fortune 500 goliaths.
However, I chose to dedicate my career to helping small-business owners. And not only have I spent 15 years helping both new and seasoned entrepreneurs, I myself have started, failed, and succeeded in several enterprises. I know the challenges small businesses face, and I know the legal and tax strategies that can help you save on taxes, protect your assets, plan for retirement, and succeed in your version of the American Dream. Watch out for any coach or advisor with lesser credentials.
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|February 26, 2021|
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