Tom Wheelwright

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About Tom Wheelwright

Tom Wheelwright is a CPA, CEO of WealthAbility (Tempe, Arizona), Best-Selling Author of Tax-Free Wealth and an international authority on tax. Wheelwright is a leading wealth and tax expert, global speaker, and Entrepreneur Magazine Contributor.

Tom is best known for making taxes fun, easy and understandable, and specializes in helping entrepreneurs and investors build wealth through practical and strategic ways that permanently reduce taxes.

As a Rich Dad Advisor to Robert Kiyosaki (Rich Dad Poor Dad), Tom frequently speaks at conferences worldwide to entrepreneurs on these topics. Wheelwright is also a Contributor to two new Rich Dad books: More Important Than Money: An Entrepreneur's Team (July 2017) and Why The Rich Are Getting Richer (July 2017).

His work has been featured in The Wall Street Journal, Washington Post, Forbes, Accounting Today, Investor's Business Daily, FOX & Friends, ABC News Radio, NPR, Marketplace and many more media. http://wealthability.com

Garrett Sutton

Ken McElroy

Robert T. Kiyosaki

Napoleon Hill

Brandon Turner

Charles Conrad

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1 11 1

$14.39

Kindle Edition
$14.49

Kindle Edition
$9.78

Kindle Edition
$34.95

Paperback
$16.29

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Audible Audiobook
How to Build the Perfect Foundation (Wealth STrategy U: School of Tax Strategy, Session 1)

Audio CD
Year Round Tax Planning Strategies (Wealth Strategy U: School of Tax Strategy, Session 13)

Audio CD
Managing Your IRA (Wealth Strategy U: School of Tax Strategy, Session 12)

Audio CD
What You Really Need to Know About Asset Protection (Wealth Strategy U: School of Tax Strategy, Session 10)

Audio CD
Getting Your Children in the Game (Wealth Strategy U: School of Tax Strategy, Session 9)

Audio CD
Managing Your Corporate Formalities (Wealth Strategy U: School of Tax Strategy, Session 11)

Audio CD

Author Updates

Books By Tom Wheelwright

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Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Sep 1, 2018

by Tom Wheelwright

( 1,698 )

$14.39

After 31 years… Major Tax Reform — and what it means to you True overhaul of the tax law only happens about once every 30 years. In the past 75 years, the U.S. tax law has only seen three major revisions; one in 1954, the next in 1986 and most recently at the end of 2017. I have been fortunate as a tax professional to be heavily involved in the last two reforms. In 1986, I was a manager in the National Tax Department (NTD) of Ernst & Whinney (now Ernst Young). My primary responsibility during my three years there was to create, teach and administer tax courses to the Firm’s U.S. tax professionals. Just as I arrived in the summer of 1985, I discovered that much of NTD’s resources were being devoted to following the tax reform bill that had been introduced that year. This gave me, as a young tax professional, some amazing insight into the legislative process as well as the horse trading for tax reform. President Reagan wanted two things; simplicity (the 1985 act was call the Tax Simplification Act of 1985) and he wanted it to be revenue neutral (no net increase to the deficit). It took another year before bill was finally passed as the Tax Reform Act of 1986. (Simplicity took a back seat to other goals of the reform.) In 1986 the big winners from tax reform were individuals, with significantly lower tax rates, insurance companies (who got by relatively unscathed) and businesses. The big loser was real estate investors (the passive loss rules were used as a last-ditch effort to make a “revenue-neutral” bill. The result a few years later was the Savings and Loan debacle accompanied by a massive real estate depression and the government bailing out real estate through the RTC (Resolution Trust Corporation). Fast forward 31 years to 2017. President Trump had promised economic stimulus and had stumbled out of the blocks with the failure to repeal ObamaCare. Everyone thought tax reform would take two years to complete like it had in 1985-1986. Instead, the Republican-controlled Congress was able to use slick procedural rules to pass major tax reform in record time (less than three months from start to finish). The result was a bill the consequences of which and application of which are still largely unknown. Known are the clear winners and losers. Losers include employees with lost deductions for moving, investment expenses and reductions in home mortgage interest and state income tax deductions. Winners include big corporations, with a major tax reduction from 35% to big corporations, with a major tax reduction from 35% to 21%, small businesses, with a 20% net income deduction, and real estate, with major depreciation incentives and the 20% net income deduction given to other small businesses. The key to remember is that very few people had the chance to influence this legislation. Everyone has the same chance to take advantage of the windfalls given to the winners. Employees can choose to be independent contractors and receive the 20% small business deduction. Service professionals who were left out of the 20% deduction can now become C corporations and reduce their tax rate to 21%. Investors who received tax benefits from the costs of investing in the stock market can either begin investing in real estate, with its massive tax benefits, or invest through their Roth IRA or Roth 401(k) and avoid tax altogether on the income and gains from their investments. Tax-Free Wealth is about using the tax law the way it’s meant to be used – as a series of incentives to do what the government wants you to do. This Second Edition incorporates some ideas of how to use the new incentives. The reality is that the incentives don’t really change that much. The government still wants businesses to hire employees, so businesses receive tax benefits for doing so.

Other Formats: Audible Audiobook , Paperback , Audio CD

Riqueza Libre de Impuestos (Spanish Edition) Mar 15, 2016

by Tom Wheelwright

( 58 )

$14.49

Riqueza Libre de Impuestos es acerca de los conceptos de planificación fiscal. Es acerca de cómo utilizar las leyes fiscales de su país para su beneficio. En este libro, Tom Wheelwright le dirá cómo funcionan las leyes tributarias y la forma en que están diseñadas para reducir sus impuestos, no aumentar sus impuestos. Una vez que entienda este método básico, ya no es necesario tener miedo de las leyes tributarias. Estas están ahí para ayudarle a usted y a su empresa, no para presentarle obstáculos.

Una vez que entienda los métodos básicos de la reducción los impuestos, usted podrá comenzar a reducir sus impuestos de inmediato. Eventualmente, también podría eliminar legalmente sus impuestos sobre la renta y reducir drásticamente sus otros impuestos. Una vez hecho esto, usted puede vivir una vida de Riqueza Libre de Impuestos.

Other Formats: Paperback , Mass Market Paperback

Passive Income: Why the rich are getting richer Jul 20, 2020

by Robert Snow

( 471 )

$9.78

This book was written for those who want to acquire and enmass great wealth and riches. It was designed by the Author to educate readers about passive income, it's sources and benefits.
Passive income is a more reliable source of income because it can generate continuous cash flow over a period of time. Passive income pays less in tax than portfolio and active income.
In order for a person to generate wealth, they must have 3 or more passive income streams which will generate more money for them even after attending to their needs and wants.
If you're looking for a means of steady income even when you're inactive, then passive income is a good choice for you.
As you read through the chapters, you'll discover various means of creating passive income and then you can start to grow wealth and live the life of your dreams.

Other Formats: Audible Audiobook , Paperback , Mass Market Paperback , MP3 CD

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