Why Are the Ultra-Wealthy So Good at Avoiding Taxes?

While many in the media, as well many lawmakers on the left, would have you believe that the nation’s wealthiest individuals are really good at skipping out on their taxes and that they don’t pay their fair share, the fact is, in most cases, that’s not true. Yes, it is true that many of he richest people in America pay fewer taxes than most of their employees. However, they use perfectly legal means to accomplish that.

So to be clear, while the rich might pay less than some people think is fair, that does not mean they cheat on their taxes. In fact, the rich manage to achieve this feat simply by doing one of two things. They either know how to manage their money and finances very well, or they hire someone to do it for them. Tax planning is an art, and when done right the nation’s wealthiest individuals avoid paying more than they legally have to.

Again, they are not cheating they are just being smart. There are several methods the rich, and their tax planners, use to keep their tax bills down. Whether it’s through prudently managing capital gains, modifying your income, using proper borrowing strategies or through tax deferral, all these measures are legal and will keep your tax bill down.

If you count yourself among the nation’s wealthier class and you are looking for ways to save more money on your tax bill, then you should contact GROCO. We have been helping wealthy individuals manage their money and plan for their taxes for decades and we can help you too. Please contact us for more information by clicking here or give us a call at 1-877-CPA-2006.

Posted in
Patent Protection | Arlen Olsen

Patent Protection | Arlen Olsen

Episode Transcript of: Patent Protection | Arlen Olsen   Alan Welcome to America Dreams right here on AM 1220 kdow, we got a great show coming up today the first segment we’re going to be having Arlen Olsen. He’s a patent attorney and talking about patent law. And you know why you should be thinking…

Legacy of Success | Doug Keyston

Legacy of Success | Doug Keyston

Episode Transcript of: Legacy of Success | Doug Keyston   Alan Welcome back. I’m here today with Doug Keyston. And he’s a private wealth client advisor here in the San Francisco Bay Area. Welcome to today’s show. Doug Thanks very much Alan. Alan Doug. Can you give me your background? Doug I happy to do…

Entrepreneurs Journey | Steve Cho

Entrepreneurs Journey | Steve Cho

Transcript, Entrepreneurs Journey | Steve Cho Alan Welcome back. We have with us today on the show Steve Cho. Steve is the founder of a custom software system. Here in Fremont, California called ASCC. Steve, welcome to today’s show Steve And thank you for having me. Alan So Steve, can you give us some your…

From Mom to CEO | Janet Perry

From Mom to CEO | Janet Perry

Episode Transcript of: From Mom to CEO | Janet Perry Alan Welcome back. We’re here today with Janet Perry. Janet is the CEO of the Shabby Apple. And welcome to today’s show. Janet Thank you. It’s good to be here. Alan So Janet, tell me your background. How did you get to where you are…