Private Wealth Academy Blog

Category: Elite Tax Secrets

  • The Relationship Between State Citizenship and Taxes

    Wondering What’s The Relationship Between State Citizenship and Taxes? That’s what we’ll be covering in today’s post but first… Do our claims about income taxes still seem too good to be true? If so, were you aware that as Americans we have two citizenships? It’s also true. However, we are presumed to be U.S. Citizens (federal) unless…

  • Protect Your Rights with This Tax Exempt Organization

    Want to ensure the government can’t infringe on your rights? Especially your right to religious freedom? Today we’ll cover a specific tax exempt organization that can do exactly that! Masterpiece Cakeshop of Colorado v. Colorado Civil Rights Commission led to the ultimate vindication of a person’s right to freely practice their religion without fear of government interference. It…

  • The SSN and How to Reduce Income Tax

    Ever wonder what you really NEED a Social Security Number for?It’s no mystery that most Americans believe we are one nation. How many times did we stand in school, turn toward the flag, and dutifully recite the Pledge of Allegiance “…and to the Republic for which it stands, ONE NATION, under God, indivisible, with liberty and justice for…

  • The Secret to Reduce Tax Liability Like the Elite

    Have you learned a thing or two about how to reduce tax liability over the course of these blog posts?Hopefully so! There’s a lot to unpack when it comes to reducing tax liability because… They Purposely Hide Information So We Don’t Reduce Tax Liability Are you living like Riley?… In the 1940’s there was a…

  • IRS Scams to Watch Out for This Year

    Have you ever been scammed by someone claiming to be the IRS?If so, you’re not alone. In fact, whenever tax season rolls around – it seems like the IRS scams come out in full force! As the deadline for filing approaches, so do tax-time swindles ranging from high-tech identity theft to tried-and-true con jobs.Here are…

  • What You Need to Know Before Asking for a Tax Extension

    Thinking about requesting a tax extension this year?Filing a tax extension request using IRS Form 4868 asks the Internal Revenue Service (IRS) to give you additional time to file your personal tax return. An extension moves the filing deadline from April 15 to October 15. But is requesting a tax extension really the right move?Many people file…

  • If Every EVERYONE Paid Their Fair Share of Taxes

    “If all the corporations paid their fair share of taxes, we would have enough money to improve our nation’s infrastructure and institutions and our individual tax rates would be lower.”   Do you believe that statement is true? While a ‘minimum corporate tax’ seems like a good idea… the buck doesn’t stop there. Having everyone pay…

  • How Billionaires Pay ZERO Taxes

    Wish There Was a Legal Way for YOU to Pay ZERO Taxes? How do people like Bezos and Musk end up paying $0 in taxes when their fortunes grow by BILLIONS? Today we’re busting the case WIDE OPEN! Details claiming to reveal how little income tax US billionaires pay have been leaked to news website…

  • How to Save on Taxes This Year

    Save on Taxes with a Gift Exclusion The US Internal Revenue Service has announced that the annual gift tax exclusion is increasing next year due to inflation. The new gift exclusion will be $17,000 per recipient for 2023—the highest exclusion amount ever! The general rule is that any gift is a taxable gift. However, there are many…