Tax Strategy: Financial Planning for Beginners

Guide to Financial Planning, Investment Vehicles, Wealth Creation Strategies through a Tax Lense
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• 1,633 students enrolled
Instructed by Calvin Liu Business / Finance
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  • Lectures 25
  • Length 2 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 11/2014 English

Course Description

We've all heard the story before. Mitt Romney, multi-millionaire congressman, paid an effective tax rate of roughly 14%! 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.

There seems to be this misconception that the wealthy are cheating the system. This is simply not true! The wealthy simply structure their income to take advantage of the favorable provisions outlined by the government.

Anyone can apply these strategies- not everyone knows about them.

That is where this course comes in. Students will learn how to :

  • Generate passive income
  • Identify investments with the best return on tax savings and earnings potential
  • Understand loopholes of the tax system
  • Reduce their tax bill on their very next return
  • Properly plan their finances for the future
  • Build wealth in the long term

With a 30 day money back guarantee, you have nothing to lose!

What are the requirements?

  • Patience
  • A learning attitude

What am I going to get from this course?

  • Generate passive income
  • Identify investments with the best return on tax savings and earnings potential
  • Understand loopholes of the tax system
  • Reduce their tax bill on their very next return
  • Properly plan their finances for the future
  • Build wealth in the long term

Who is the target audience?

  • Individuals
  • Families
  • Small Business Owners
  • Investors

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Preface
Message from the Author
1 page
Section 2: Introduction
Introduction- Course Resources
Introduction Text
5 pages
Fundamental Tax Concepts
Fundamental Tax Concepts Text
5 pages
Tax Deferral Text
3 pages
Section 3: Short Term Strategy
Common Tax Deductions
Common Tax Deductions - Resources
Itemizing (Bunching) Deductions
Itemizing (Bunching) Deductions Text
2 pages
Section 4: Long Term Strategy
Retirement Accounts
Retirement Accounts Text
6 pages
Retirement Account Resources
Real Estate
Real Estate Text
7 pages
Section 5: Long Term Strategy Part 2
Stocks & Securities
7 pages
Small Business
7 pages
Small Business
Life Insurance
3 pages
Section 6: Conclusion
Conclusion Resources
Conclusion Text
3 pages

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Instructor Biography

My name is Calvin and I run TaxSavingStrategy. I am a Certified Public Accountant and work full time as a tax consultant with clients ranging from individuals to Fortune 500 companies. I graduated with both a Bachelor's in Accounting as well as a Master's in Business Taxation.

I understand that the complexities of tax law can be a daunting task especially for those who have no background. However, if you don't at least try, you will never really know. Let me illustrate with a example from my personal life. When I decided to make TaxSavingStrategy, I had to face the daunting challenge of making a website. Coming from a business background, I have zero coding knowledge so building a website seemed impossible. I took the time to learn some basic fundamentals and the site you see today was 100% built by me. It took me a couple hours to learn the basics. I'm still not an expert and I still don't know coding; but as you can see, I was able to create a full functioning website, something that I did not think was ever possible.

My point? We fear the unknown. We make things out to be much harder than they are. You are more capable than you think you are. In today's digital era, there are so many resources that can significantly reduce the learning curve. This introductory course sets out to do that. Use this as a guide to become an informed individual. No you won't be an expert, but by the end, you will be equipped with strategies that can make a difference.

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