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The Wealth Strategy Program is an integrated approach to wealth building that include tax preparation and planning, entity structuring, business analysis, investment and retirement planning, investment property purchase assistance, and year end planning. By offering tax compliance and planning for top real estate investors and small business owners in Washington DC Metro area, I know what the rich are doing to create, protect, and preserve their wealth. The tax laws are complex and most of us do not have access to the kind of information that will allow us to use these loopholes that all taxpayers are entitled. My personal goal is to educate individuals and corporations on how to keep more of what they make.  

Welcome to the Wealth Strategy Program

The Wealth Strategy Program is a 12 month training program that takes you step-by-step through the stages required to run a successful and efficient business, I've developed this system after years of working with business owners on how to best use their professional skills, passion, and experience to pursue their entrepreneurial dreams. The program focuses on a specific element of the Wealth Building System -Tax Preparation, Tax Planning, Entity Structuring, Business Meetings etc. At the end of the 12 months you'll be in a position to operate a successful business, I'll work with you on all aspects.

Stage One: Financial Needs Analysis Questionnaire l

At this stage we will discuss your goals and determine what you want out of life and determine things you will do and won't do, so you can build a business that is sustainable and profitable. After the process of determining your current situation of where you are financially an finding out from you where you want to be in the future, we can come up with a plan for the rest of the wealth strategy program. 

Stage Two: Tax Planning and Preparation

At this state we review your tax returns for the past three years for accuracy, inconsistency, audit flags and potentially overlooked deductions. An important part of tax planning is not to waste deductions or making certain elections to take advantage of unused deductions in the future or even carry them back to prior years. We will also prepare individual and business tax returns for the current tax year.

Stage Three: Entity Structuring 

Entity structuring is the use of a legal entity in an effort to provide asset protection and tax mitigation. It is the essential framework used to help manage cash flow and to allow you to retain revenue that can be reinvested to continue wealth accumulation. Three factors to consider in forming an entity are legal liability, tax reduction strategies, and ease of compliance. During this stage, we will look at your business strategy and match it to an entity structure that best fits your situation. Many start-up entrepreneurs make the mistake of trying to go after too broad a market, I'll show you how to develop a niche market for your business and then find a structure.

Stage Four: Business Registration and Bookkeeping Set-up

Once the entity structuring phase is complete, we will assist you with meeting potential partners (if any), registering the company, getting operating agreements, EIN number from IRS, advice on operating procedures, bookkeeping and record keeping (we are also a Certified QuickBooks ProAdvisor firm and we have special rates for plan members).

Stage Five: Business Analysis Meetings

During this stage.

1. we get crystal clear on how your business is doing. 
2. Identify where you want to go with your business in the future. 
3. Discuss the steps you need to take and strategies you need to implement to get there.
4. Explore if a Smarter Small Business Coaching or Consulting program can help get you there faster.

Stage Six: Investment Property Purchasing

During this stage, we will discuss the different real estate strategies available to you. Once you decide on the real estate strategy that works best for you, we will assist you in finding, funding, farming or keeping the property. We have a team of investment property experts that will assist you in finding the right property that fits your real estate strategy.

Stage Seven: Retirement Planning

While all of us would like to retire comfortably, the complexity and time required in building a successful retirement plan can make the whole process seem nothing short of daunting. However, it can often be done with fewer headaches or pain than you might think. All it takes is a little homework, an attainable savings and investment plan, and a long-term commitment. We will assist you with coming up with the process needed to plan, implement, execute and ultimately enjoy a comfortable retirement. This stage is also integrated with other aspects of your wealth strategy program. 

Stage Eight: Year-End Tax Planning:

Tax preparation for the April 15th deadline is not considered advanced tax planning. It is merely tax compliance as opposed to voluntary tax reduction planning. Though returns are not due until April, they cover a tax year that ends December 31. Some of the best tax reduction moves really need to be done by mid-November or early December. They often take some advance planning. Getting a head start in September  could make you a lot happier in April, giving you a bigger refund or a smaller check to write to Uncle Sam.

At this stage we help you to plan accordingly. You either pay the IRS, pay a Tax Preparer, or pay qualified CPA to come up with some tax reduction strategies.

When you join the program, you will have an initial phone consultation to determine which of these stages need to be implemented first. You do not have to follow the order prescribed above but can come up with a personalized strategy program.

This program incorporates plenty of time for unlimited consultation with the CPA on any issues you have as you progress in your financial plan. Sp you'll be able to ask specific questions as you like.

At the end of the one year, you'll know exactly what you need to do to succeed in your small business. Articles – Good topics for articles include anything related to your company – recent changes to operations, the latest company softball game – or the industry you’re in. General business trends (think national and even international) are great article fodder, too.

Mission statements – You can tell a lot about a company by its mission statement. Don’t have one? Now might be a good time to create one and post it here. A good mission statement tells you what drives a company to do what it does.

Company policies – Are there company policies that are particularly important to your business? Perhaps your unlimited paternity/maternity leave policy has endeared you to employees across the company. This is a good place to talk about that.

Executive profiles – A company is only as strong as its executive leadership. This is a good place to show off who’s occupying the corner offices. Write a nice bio about each executive that includes what they do, how long they’ve been at it, and what got them to where they are.