Think about it ... cutting your tax burden can basically boost your return by 10%, 20%, or more, without taking any risk.
Each year, you can put your tax savings to work in a variety of productive ways where you can see real, positive results.
Whatever your situation, there are always plenty of legal options to reduce what you owe and put those savings to work.
Small business owners and self-employed professionals can legally reduce their tax liability with minimal changes to their business.
Taking legal steps to reduce what you owe is all about ensuring that your labor and profits go towards causes that you believe in.
Plus by managing your cash-flow you will be in a position to control how you use the tax savings and where those dollars are invested.
If you're a small business owner, you might be able to redirect your tax savings into self-directed accounts for even greater savings.
Once again, there are a myriad of special tax incentives laws aimed specifically at investors and entrepreneurs that can reduce tax liability.
And if you reduce the amount you pay in taxes, you can leverage your savings and capture the growth by investing the difference for yourself.
Whatever that number - 10% to 20% - stick to it in good and bad times. Have it automatically redirected into your cash-flow holding account(s).
The math here is simple. If you save $10K per year for 25 years, and achieve an average annual return of 10%, you'll have accumulated $983,471.
The basic idea is to generate enough margin in your business and leverage as much of if as possible into a robust strategy where the gains can yield positive results.
We're living in a time of growing volatility and there's a lot to be cautious about. So take control, reduce your taxes and leverage your cash-flow today.