#229 – Unlocking Tax Benefits: Strategies for Families with The Tax Goddess Shauna A. Wekherlien, CPA

Ever wondered how to assemble an elite tax team or the intricacies of working with a strategic tax coach to drastically reduce your tax burden?

Listen in as my guest, Shauna A. Wekherlien, CPA peels back the curtain on these topics and more, offering her expert predictions for 2024 and sharing valuable insights on deductions and credits you're likely missing.

From navigating financial windfalls like selling a business or property to innovative strategies for business owners and side hustlers—like hiring your children or even writing off your dog—Shauna promises legal, effective tactics to lighten your tax load.

If you're ready to transform your approach to taxes and uncover strategies to keep more of your hard-earned money in your pocket, this episode is a treasure trove of wisdom you won't want to miss.

Anna's Takeaways:

• Intro (00:00)
• Minimizing Tax Burden (01:36)
• Building A Team Of Professionals (04:18)
• Working With CPA’s (10:17)
• Tax Strategies For Individuals And Businesses (13:41)
• Starting A Business + Using Children In Tax-Free Income (19:09)
• Saving Money For Children's Education (25:21)
• Families With Businesses + Investments (28:07)
• 529 College Savings Plans + Alternative Life Insurance Options (32:31)
• Families With Kids (38:12)
• Strategies For Significant Life Changes (41:04)

Meet Shauna A. Wekherlien, CPA:

Shauna A. Wekherlien, CPA, MTax, CTC, CTS, commonly known as The Tax Goddess, is a US’ Top 1% ranked, highly sought-after Tax Strategist. She is passionate about helping successful business owners, entrepreneurs, and high-wage earners reduce their tax burden. Having founded Tax Goddess Business Services, PC in 2004, she has built a large global team of tax specialists who use "plain language" (not tax code) to help her clients create tax opportunities and manage tax risk legally.

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