I Want My Money!

Published: 10th March 2010
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I Want My Money!

By: Raymond Richard

I am well into my thirties and have recently changed my tax preparer, why you may ask? Well after reading a very enlighten books by Robert Kiyosaki "Who Took My Money?" and his book "Rich Dad Poor Dad". Robert Kiyosaki and his C.P.A. Sharon L. Lechter stress the importance of building a great team when building a business. I'm starting an internet business (www.Kingdombuilders.ws) as well as other business. My wife and I were just working at the time and would go to the same tax place year after year. Maybe it was the coventient location or we just put our trust in the name of the tax preparer because of the branding that was done on us.
I started looking for more money and knew I wanted more, and after reading these books I knew I could save more on my taxes and if not I wanted to talk to someone that could help me with my goals. I was first with H & R Block and they were good, they sold me on the fact that if I was audited they would fight for me! The person that did my taxes was a good lady and we used her for three years. According to IRS manager Melaney J. Partner "Taxpayers are legally responsible for what's on their own tax returns even if prepared by someone else".

In Robert's book he talks about having a C.P.A. and the person understanding my business and my goals I am trying to achieve.
I had just purchased a piece of property and wanted to benefit from starting a business, Jordan and Jordan (www.JordanandJordancpas.com) took the time to show me how I could benefit now and in the future with my property and they had property also was a plus. The price was much lower than H & R Blocks, being that they are a C.P.A. I thought they would be high priced.
Robert says "The tax laws were written for business owners and investors" so way not get the people that focus on tax laws to help my wife and I benefit from these laws? We make money and need to know how to protect it and make it grow, understanding the tax laws and taking advantages of the tax deductions and tax deferrals are important. Taxes are our largest single expense and employee has the least number of legal tax deductions. Because owners of businesses create jobs, the government offers many tax incentives to business owners, but not to employees.

In Ch. 5 Robert Kiyosaki book "Who took my money" points out that in 1943, the U.S. government passed the Current Tax Payment Act, which introduced income tax withholding for employees. The results are that the employee's income taxes are withheld by the employer and remitted directly to the government. It is often a shock to a new employee when he or she compares his or her gross pay to the actual amount of his or her paycheck. The employee only receives his or her net pay, the amount left after all the taxes have been withheld. "Who Took My Money"
The employee can only invest or spend what is left after taxes, which greatly limits his or her options.
Jordan and Jordan help me with my options first with a fair price for their services. They were recommended by a family member, that owns a business and talked great about the service. Jordan and Jordan credentials fit my needs and they did not have any complaints with the Better Business Bureau, they are C.PA's. And are well priced.
My return the first year was around the same as H & R Block, the only difference was the fee, and Jordan and Jordan did not try to sale me on some quick loans or etc... Thanks to a company that gives the customers what they want and exceeds their expectations!!!

Raymond Richard
Business Owner
www.Kingdombuilders.ws

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Source: http://raymond.articlealley.com/i-want-my-money-1438669.html


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