How to Crack the Tax Code: The Tax Goddess on Cutting Taxes and Building Empires

What if you could cut your tax rate to 6.92%—or even lower? In this episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by tax expert Shauna Wekherlien, founder of Tax Goddess Business Services. With over $1.57 billion in tax savings for her clients and a jaw-dropping 6.92% annual tax rate, Shauna shares her unique strategies for driving down taxes, building wealth, and optimizing cash flow.

Shauna reveals how business owners, investors, and entrepreneurs can utilize advanced financial tools like captive insurance, premium financing, and infinite banking to significantly reduce taxes. She also talks about empire-building and how to keep wealth in the family through FLPs and private foundations.

Whether you’re looking to drive down your tax rate, maximize your wealth-building potential, or simply gain better control of your finances, Shauna’s insights will leave you with actionable strategies to achieve your financial goals.

Key Takeaways:

• How to create more cash flow to build wealth or live your ideal lifestyle.

• The secret behind how to build a strategy to get to a 6.92% tax rate and how you can apply similar strategies.

• The power of leveraging tax efficient tools like premium financing, infinite banking, and triple dipping to get maximum tax efficiency

• The importance of involving your entire financial team to achieve massive tax savings.

Resources:

Visit www.vitalstrategies.com to download FREE resources

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies

Follow on Instagram at https://www.instagram.com/vital.strategies

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/

Credits:

Sponsored by Vital Wealth

Music by Cephas

Audio, video, and show notes produced by Podcast Abundance

Research and copywriting by Victoria O'Brien

Is your business set up for long-term success, or are you just chasing short-term wins? In this episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Sal Marino, who has worn many executive level hats from operations to sales at Charles IT. We explore the fundamental strategies that have fueled the company’s consistent 20-30% year-over-year growth. Sal shares insights on how building a strong foundation and focusing on leadership alignment are key to long-term success.

Together, Patrick and Sal discuss the importance of creating a culture of operational excellence, pushing for growth while forecasting the future, and setting goals that drive the company forward. Sal also breaks down his unique approach to problem-solving, building high-performing teams, and ensuring that financial strategies align with business goals.

Stay tuned to the end for actionable tips on how to leverage assets, optimize cash flow, and develop a strategy that fuels both personal and professional growth.

Key Takeaways:

• Achieving 30% year-over-year growth requires a strong foundation and aligned leadership.

• Building a thriving company culture starts at the top and impacts every level of the business.

• Operational efficiency means being unafraid to fail, tweak, and change as needed.

• Setting clear, strategic goals and breaking them down into manageable tasks leads to long-term success.

• A 'work hard, play hard' culture fosters motivation and engagement within teams.

• Financial forecasting is essential to ensure cash flow aligns with future business needs and growth.

• Client satisfaction must be prioritized by deeply caring about their success and delivering tailored solutions.

• Stress, when managed well, can be a driver of growth and personal fulfillment.

• Having a clear strategy and understanding where you want to go helps ensure your assets and resources are leveraged for continued growth.

Resources:

Visit www.vitalstrategies.com to download FREE resources

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies

Follow on Instagram at https://www.instagram.com/vital.strategies

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/

Credits:

Sponsored by Vital Wealth

Music by Cephas

Audio, video, and show notes produced by Two Tone Collective

Research and copywriting by Victoria O'Brien