Strategic Tax Mitigation necessarily involves collaborating with clients and their CPAs to reduce taxes due to the impacts of: ordinary, passive, and portfolio income; the purchase and sale of assets, including real estate; retirement and estate planning issues. Using case studies, Bob shows how through collaboration, clients have been able to substantially reduce taxes, or redeploy after-tax dollars in ways that positively impact their wealth enhancement strategies. These strategies are replicable. Primary code sections utilized include:
IRC § 1031 Like Kind Exchange
IRC § 179 Deductions (as an investment)
IRC § 170 (h) Qualified Conservation Contributions
IRC § 7702 Life Insurance Contract
Familiarity with tax codes and novel methodologies that can offer tax relief to your clients.
How operating from a tax-efficient mindset can bring large benefits to your clients.
Why a thorough financial check-up is necessary and how it can potentially save your client thousands in taxes.
How tax professionals can directly benefit from employing these strategies.
Robert L. Boggess, the CEO and Chief Strategist for IREXA Financial Services/Wealth Strategies utilizes his expertise as a Commercial Real Estate broker, a Registered Representative, a Licensed Insurance Producer, and a Registered Investment Advisor to help clients build, manage and preserve their financial wealth. As a fiduciary, Bob employs comprehensive strategies using all of his resources to develop innovative Tax Mitigation Strategies to help his clients achieve their goals and objectives. He started his career as a licensed architect and believes his approach has allowed him to come full circle; Bob considers his work financial architecture.