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047 | How to Crack the Tax Code: The Tax Goddess on Cutting Taxes and Building Empires
Manage episode 442994151 series 3550022
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How to Crack the Tax Code: The Tax Goddess on Cutting Taxes and Building Empires
What if you could cut your tax rate to 6.92%—or even lower? In this episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by tax expert Shauna Wekherlien, founder of Tax Goddess Business Services. With over $1.57 billion in tax savings for her clients and a jaw-dropping 6.92% annual tax rate, Shauna shares her unique strategies for driving down taxes, building wealth, and optimizing cash flow.
Shauna reveals how business owners, investors, and entrepreneurs can utilize advanced financial tools like captive insurance, premium financing, and infinite banking to significantly reduce taxes. She also talks about empire-building and how to keep wealth in the family through FLPs and private foundations.
Whether you’re looking to drive down your tax rate, maximize your wealth-building potential, or simply gain better control of your finances, Shauna’s insights will leave you with actionable strategies to achieve your financial goals.
Key Takeaways:
- How to create more cash flow to build wealth or live your ideal lifestyle.
- The secret behind how to build a strategy to get to a 6.92% tax rate and how you can apply similar strategies.
- The power of leveraging tax efficient tools like premium financing, infinite banking, and triple dipping to get maximum tax efficiency
- The importance of involving your entire financial team to achieve massive tax savings.
Resources:
Visit www.vitalstrategies.com to download FREE resources
Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies
Follow on Instagram at https://www.instagram.com/vital.strategies
Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast
Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/
Credits:
Sponsored by Vital Wealth
Music by Cephas
Audio, video, and show notes produced by Podcast Abundance
Research and copywriting by Victoria O'Brien
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