50/50 Debt Reduction for Business Owners

Overview

Using Tax Deductions to Pay off Business & Personal Debt in Half the Time with Half the Money & Making No Extra Payments

Solution  Detail

• For Business Owners Only
• Minimum of $1M in debt – Business & Personal
• Term of Debt – Minimum 7 years until payoff
• Strategy Introduction Conversation – 1-hour Zoom Meeting
• Analysis Phase – 3 Years worth of Business & Personal Tax Filings needed for analysis of benefit (2-week turnaround for internal analysis)
• Intake Questionnaire & Document Checklist – LINK (Michael Aguas to provide)
• Solution Presentation/Engagement Conversation – 1-hour Zoom Meeting. Engagement sent via DocuSign & 50% of the planning fee collected at the time of engagement. NOTE: No deliverables (Preliminary Analysis, interpretation, etc.) will be provided to the client until confirmation of their engagement.
• Solution Implementation (Target 1-3 months depending on client responsiveness.)
• NOTE: Life Insurance Underwriting will affect the implementation timeline.

Target Use Case(s)

• Business Owners (S-Corp, C-Corp, LLC, Partnership, SoloPreneurs, Professional e.g. Doctors, Lawyers, Dentists)
• Using mortgages & business loans to grow their business

Compensation Split

• TaxWealth’s $5,000 Analysis Fee is not subject to referral compensation splits.
• Based on TaxWealth’s Flat Fee Compensation Schedule for Tax Strategy Engagements  (Insert Document Link Here)
• Life Insurance Commission: Compensation to TaxWealth is split 50/50 provided the referring advisor is licensed for life insurance production
• Alliance Partner:  50/50 Split of the Planning Fee
• NOTE: If TaxWealth Receives a simple introduction and completes all the work of analysis, education, document collection, and strategy implementation, the Referral Compensation Split will be 20% to the Alliance Partner
• Any Advisor or Client Referral from the TaxWealth Alliance agrees to these terms unless otherwise stated