TheTaxMasterClass - 2018 Tax Planning Strategy
What you'll learn
- Save taxes on very next return
- Reduce tax exposure through proper tax planning
- Understand impact of 2017 Tax Cut and Jobs Act
- Develop strong technical foundation of tax law
Requirements
- Basic knowledge of you current finances (ie W2 Wages, mortgage, loans, etc)
Description
What is Included:
-15 Lectures
-75 Page Textbook
-Access to community discussion
-Current tax law as of 2018
Course Introduction:
TheTaxMasterClass is an online course that helps students navigate the complexities of tax law. Based on the latest law from the 2017 Tax Cuts and Jobs Act, this course teaches practical tax planning strategies within the new tax environment. By the end of the course, students will be equipped with strategies to maximize their deductions in the short term and minimize tax exposure in the long term.
We've all heard the story before. Mitt Romney, multi-millionaire congressman, paid an effective tax rate of roughly 14% in 2011! How is it possible that the someone making that amount of money pays a lower tax rate than most Americans?
The answer? Proper tax planning.
Proper tax planning is perhaps the most important step to the promised land of financial freedom. The strategy is simple- the more income that you generate at a tax free or a lower tax rate means the more money you get to keep. If you reinvest this money, your money works for you, generating a stream of passive income ultimately accumulating wealth.
Anyone can apply these strategies- not everyone knows about them.
2018 Tax Reform marks the most significant overhaul to the US tax code for over 30 years. There are major changes to the tax code that will have a substantial impact to individuals and companies alike. Given these sweeping changes, there is no better time than now for individuals to sort out their income tax strategy.
Who this course is for:
- All Americans / ex-pats filing taxes in the United States
- Individuals interested in financial planning
- Small business owners
Course content
- Preview07:05
Instructor
![Calvin Liu](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.2 Instructor Rating
- 326 Reviews
- 6,679 Students
- 2 Courses
Throughout my career and personal life, I have seen the universal application of accounting. Friends, Family, Clients- all from different walks of life have sought out basic advice on how to manage their personal finances and business. Whether it's advice on managing cash flow for a start up business or advice on the impact of taking out a mortgage on a house, I quickly realized that no matter what you do for a living, sooner or later you will need to develop a foundation of accounting knowledge. It is through these experiences that I became inspired to create a course that teaches the average individual concepts that he or she can apply to his or her day to day lives.
Bio Highlights:
-Certified Public Accountant
-Founder at AcademyforAccounting
-Bachelors in Accounting from USC
-Masters in Business Taxation from USC
-Tax Consultant at one of the Big 4 Accounting Firms