Ask Tom Live: Wealth Edition - Tuesday, September 11th (More info)
Ask Tom Live: Tax Edition - Tuesday, September 25th (More info)

Educational Resources from Tom Wheelwright at Your Fingertips

Increase your knowledge, decrease your risk.

View all resources
  • Articles By Tom

    Meaningful tips and insight directly from Tom on how to leverage your taxes to build permanent wealth. FREE!

  • Ask Tom Online

    Have a wealth or tax question? Ask Tom! Plus, access the answers to questions asked by others.

  • Ask Tom Live

    Ask Tom your questions live! Join Tom every month for "real world" wealth and tax questions.

New Updates Every Week

Tom's tips, answers, live sessions - all posted here. Each full of valuable information to build your wealth and reduce your taxes.

View all - must be a subscriber to access
  • Are there any negative implications from depreciation?

    Question: Are there any negative implications from depreciation? Answer: When a property is sold, the basis of the property is the cost of the property less the depreciation that was allowed or allowable. If you took the depreciation, the basis is reduced and even if you did not take the depreciation and should have, the

  • Do I need an entity before I start my business or investing?

    Question: Do I need an entity before I start my business or investing? Answer: It is recommended to have your entity set up before starting. This allows your entity to be the party named on legal documents and agreements and for your entity to receive money directly and pay its expenses directly. These are all

  • August 2018 - Ask Tom Live: Tax Edition

    This recording is from the live session held on August 14, 2018. Featured Topic: Protecting Your Business