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Posted by: Charles P Myrick CPA Posted on: Nov 28 2019

From Tax Preparation to Financial Planning

I tell all my clients that the true key to building wealth lies in building assets. Regardless of how much money you make, you can build wealth over time through assets. Think about how much of your life involves bills, taxes, purchases, contracts, etc. When it comes to financial planning, why not take advantage of the time you spend preparing for your tax filing and reconnect with your CPA to develop a financial plan for building wealth. 

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Posted by: Charles P Myrick CPA Posted on: Oct 18 2019

How to Prepare Yourself to Be a Successful Investor

As a CPA I help lots of individuals with tax preparation and filing. Many of them are interested in building assets through investing. From a tax perspective, investments are a solid way to increase longterm assets. I advise my clients to work with a financial advisor. It takes time and patience to build wealth. 

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Posted by: Charles P Myrick CPA Posted on: Jul 02 2019

How to Use Tax Planning for Wealth Building

I tell all my tax preparation clients that the true key to building wealth lies in building assets. A savings account in a bank is not the answer. Bank accounts have low interest rates, so you will barely make any money. However, a solid investment strategy and smart tax planning will allow your money to work for you.

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Posted by: Charles P Myrick CPA Posted on: Nov 28 2018

How to Build Assets From Income With Tax Strategies

The true key to building wealth lies in building assets. Regardless of how much money you make, you can start converting your income into assets using tax strategies. The system is set up to go after income instead of wealth. The tax code offers incentives for asset building and your tax professional can advise you on the tax efficient strategies available. 

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Posted by: Charles P Myrick CPA Posted on: Mar 20 2018

What Do Taxes Have to Do With Wealth?

The true key to building wealth lies in building assets. Regardless of how much money you make, you can build wealth over time through assets. Some people think that putting money in a savings account is a good as making an investment. However, it is impossible to build wealth if you just have money in a bank account. Bank accounts have low interest rates, so you will barely make any money. On the other hand, your money works for you when you invest it. 

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