The WealthAbility Show with Tom Wheelwright, CPA

The N.Y. Times reports that Donald Trump recently paid $750 in federal taxes. Discover how it's possible for anyone to follow the tax code, make significant income and legally pay little or no taxes. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Tom Wheelwright and special guest Rick Maryanski discuss the value of coaching and mentorship for the CPA. It’s important to maintain a steady, growing education even after formal schooling ends. Do you have teachers in your life you can count on? Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how cities plan to pay for the COVID crisis. Tom speaks with a city councilman from Phoenix who shares how local governments have been and likely will continue to tap public funds to pay for COVID. Small businesses and investors will be particularly burdened by government actions. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast65 Learn more about your ad choices. Visit megaphone.fm/adchoices

Understanding the ever-changing landscape of technology and our roles within it can daunting. In this episode of the CPA Show, Tom Wheelwright shares insight on ways to take advantage of the future. From downsizing office space to blockchain utilization, preparation is imperative to the survival of your business. Is your practice ready for tomorrow? Sign Up For The CPA Revolution Master Class https://wealthability.com/cpa-revolution-masterclass-with-tom-wheelwright-market/?inf_field_ReferralCode=wacpas Learn more about your ad choices. Visit megaphone.fm/adchoices

Governments around the world have printed massive amounts of money in response to the COVID crisis and the effects will be felt for years to come. David Stockman joins Tom to discuss the impact of these policies on small business and personal wealth. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast64 Learn more about your ad choices. Visit megaphone.fm/adchoices

Has your practice had a smooth transition into the new world? In this episode of the CPA podcast, Tom Wheelwright explains the importance of keeping communication lines open, secure and operational with your employees and clients. He also discusses why establishing guidelines and letting employees decide their personal work environment is important to keeping everyone safe, mentally and physically. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover why wealth inequality is a bigger problem than income inequality. Annamaria Lusardi joins Tom to discuss why income and wealth inequality is growing and why it's a problem for the poor, middle class and wealthy. Lusardi offers solutions to address the issue. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast63 Learn more about your ad choices. Visit megaphone.fm/adchoices

Joe Biden plans to substantially change the tax code if elected. Garrett Watson from the Tax Foundation joins Tom with analysis of Biden's plan. This is a must-listen show for all business owners, estate planners and investors. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast62 Learn more about your ad choices. Visit megaphone.fm/adchoices

What do we owe our clients? Tom discusses the role of a CPA and how communication can lead to opportunity. Managing your clients fears, setting expectations and being transparent all become easier when proper communication is practiced. In this episode, Tom demonstrates that even price estimates can be turned into good news. Learn more about your ad choices. Visit megaphone.fm/adchoices

The bill for the COVID crisis will eventually come due. Many politicians believe the solution is to raise taxes on wealthy people. Morris Pearl joins Tom to discuss the risks and possible benefits of raising taxes on the rich. EPISODE BONUS: For the transcript, show notes and more visit: https://wealthability.com/podcast61 Learn more about your ad choices. Visit megaphone.fm/adchoices