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.