Why This All Matters

I’ve been a professional attorney for decades. I still remember the feeling of landing my first job as a young tax associate at a top NYC law firm.  My salary back then put me in the top 5% of income earners. Thinking back, I’m not sure I fully appreciated what that income meant.  At that time, I was happy to be working in a tax job after Harvard law school. Long term tax planning for me meant contributing to the firm's 401(k) plan.

What no one told me then was that the taxes withheld from my paycheck would continue to be the biggest deduction and expense for my professional career.  

Think about it. Your career can span 40 years, perhaps even 50 years. As a high earning professional, if you simply climb the ladder to Director or Partner, you may pay over 37 percent of your income in  taxes to the government. Ever thought about how much this could be cumulatively over time? 

One estimate calculated a NYC lawyer could  pay nearly $15M in taxes over the course of 40 years. I need to verify this with some of my Harvard classmates, but Ouch. That number hurts.  

But this does not have to be the reality. If you are intentional about tax planning this could be your investment capital. And you can’t wait until December for tax planning; It is year round. .

After  considering my own experience through decades of private sector and public sector jobs, entrepreneurship and business ownership, real estate  and stock investments, startups to BigTech at Google, I decided to put together a community to help others. And we will  use technology and data to shine a light on missed opportunities and create personalized strategies that work best for you. This is what the TaxZero club is all about.

The goal is to understand the Tax Code and take advantage of all incentives to reduce your taxes while continuing to live your life to the fullest.

Life to the fullest will  look different to each person. For some it’s to gain financial freedom and retire early (FIRE) where you do not need to work but may choose to do so. For others, it is to secure money for your kids' education. 

Your full life may be to develop a business idea, either a tech product or another venture. Many want to give back to communities and support nonprofit organizations and faith-based groups. For certain, we all want to increase our net worth and generate a positive ROI on our investments.  And your good life can incorporate all of these.

So join the conversation and learn how to use all the benefits in the Tax Code to build your own net worth and fund your future goals.

We use strategic tax planning that aligns with your goals because that’s exactly what the government wants you to do.