by Tom Wheelwright | Jul 29, 2009 | Wealth Strategy
At the Rich Dad staff meeting yesterday, we were talking about leadership. The question posed was what are the qualities of a great leader. The one that immediately came to mind is Consistency. Let me explain. A great leader is consistent between his/her personal...
by Tom Wheelwright | Jul 8, 2009 | Wealth Strategy
Yesterday at Robert Kiyosaki's staff meeting, we were talking about change. With the economy in the shape it's in, what are people going to do to change? How are we individually going to deal with the drastic changes in the economy that are coming when the Baby...
by Tom Wheelwright | Jul 7, 2009 | Tax Strategy
I have never seen anybody be put out of business by the IRS over nonpayment of income taxes. There are two other types of taxes that can put you out of business. The first is payroll tax. Employers have a fiduciary responsibility to pay over employment taxes to the...
by Tom Wheelwright | Jun 28, 2009 | Wealth Strategy
It's been an interesting week. In fact, it's been an interesting week, month and year of self-discovery for Tom Wheelwright. And not just discovery about myself – discovery about other people and how they act and are motivated (or not). Along the way, I've...
by Tom Wheelwright | Jun 25, 2009 | Tax Strategy
There is a lot of talk right now about itemized deductions. Remember itemized deductions? Those great deductions on Schedule A for taxes, interest, charitable donations and investment expenses? The big discussion right now is about President Obama's proposal to limit...
by Tom Wheelwright | May 24, 2009 | Tax Strategy
The Issue: The states are all short on funds with the current condition of the economy. As a result, they are aggressively going after any business that makes sales in their state and has not been collecting sales tax. One of my friends recently found this out the...
by Tom Wheelwright | May 24, 2009 | Tax Strategy
Many of you have spent thousands of dollars on seminars in the past few years. One of the more common questions I get when I am speaking at a seminar or later when I am doing a tax evaluation is whether the cost of these seminars is deductible. Like most tax...
by Tom Wheelwright | May 12, 2009 | Wealth Strategy
Studies show that most of us live our entire adult life based upon the things we learned and especially experienced while we were young. Whether it is our eating habits, exercise or how we relate to others, most of how we behave as adults stems from our experience and...
by Tom Wheelwright | Apr 16, 2009 | Wealth Strategy
I woke up this morning and realized that it's April 16th and by anybody's standards, as the CEO of a CPA firm specializing in tax services, I should be exhausted. I'm NOT! Why not? Because I have an amazing team and systems in place. I can honestly say that I have not...
by Tom Wheelwright | Apr 1, 2009 | Tax Strategy
One of the great books of all time is “How a Man Thinketh” by James Allen. The premise of this book is that we will do according as we think. And we will never do something that is not first a part of our thought process. Allen says, “All that a man...
