Building Wealth & Keeping It with Tom Wheelwright

Tom Wheelwright is the CPA and CEO of WealthAbility. He is an author and an expert, and he has worked with people like Robert Kiyosaki, Rich Dad advisors, and other very well-known names on their finances and implementing wealth-building strategies.

Listen to this episode to learn more about Tom, the importance of understanding and using the right strategies, and how he helps entrepreneurs make the most out of the money they’re making!

Key Talking Points of the Episode

[00:00] Introduction

[01:48] Who is Tom Wheelwright?

[03:01] What is Tom’s background?

[04:50] What makes taxes so intimidating?

[06:30] How do you win against the government?

[07:35] What is the biggest tax incentive that the government gives?

[08:25] What does Tom think about the school system and how they develop employees?

[10:44] How can the right education help the younger generation?

[12:46] What’s the problem in the school system?

[14:40] How can we help the school system?

[15:12] What makes entrepreneurs selfish?

[17:05] What is the mindset in the accounting industry?

[19:01] What is Tom’s book all about?

[20:20] How does the government use the tax law for leverage?

[21:05] Why does the government give tax incentives?

[23:10] What are the 7 investments in Tom’s book?

[24:05] Why can’t the government win on retirement plans?

[26:05] What other investments the government will pay you to make?

[28:27] Where does the idea that rich people are taking advantage of taxes come from?

[30:11] How do you get the government to pay for your Ferrari?

[31:02] How does the government help you build wealth?

[32:07] Is Tom fighting for evil or good?

[34:54] Does Tom believe that he is a messenger for entrepreneurs?

[35:52] Will there be any changes in the tax law soon?

[37:20] What changes can we expect in the tax law?

[39:49] Where can you get Tom’s new book?

[40:25] What is Tom’s advice for entrepreneurs?

[41:03] Where can people find Tom?