by Tom Wheelwright | Mar 16, 2012 | Tax Strategy
It's common to hear people complain about the tax law – it's complicated, confusing and making a mistake is punished with penalties and interest. At least once a week I have someone tell me that their prior tax advisor told them there was nothing they could do...
by Tom Wheelwright | Feb 24, 2012 | Tax Strategy
The fear of a tax audit can make people do funny things. I've seen people give up thousands in legal tax savings in an effort to hopefully avoid the possibility of an audit, and many times at the advice of their own tax advisor. I regularly have clients tell me their...
by Tom Wheelwright | Jan 30, 2012 | Tax Strategy
Like everyone, I have been paying close attention to the campaign for the Republican nomination. I wanted to share some insights on the tax policy debate. I think everyone is missing the point of the debate over U.S. tax policy for a number of reasons. The candidate...
by Tom Wheelwright | Sep 16, 2011 | Wealth Strategy
I have been thinking a lot about formal agreements over the past few months as I have been dealing with a lot of contracts. The question that I have been fighting on each agreement is how far to go to make it “right?” The agreements have all been with...
by Tom Wheelwright | Sep 1, 2011 | Tax Strategy
When you purchase a rental property, remember that you are purchasing not just the building and the land. You are also purchasing all of the improvements to the land, such as the landscaping, fencing, carport, and outdoor lighting. And, you are buying the contents of...
