Mastering Tax Planning: Protect Your Wealth and Your Deals!
In 2024, we're seeing a surge in IRS liens and garnishments, making effective tax planning more crucial than ever. The IRS is ramping up collections, and it's essential to navigate these waters with confidence. Here’s what Amy will cover:
-
Tax Planning, Not Paying: Focus on strategic tax planning to minimize your liabilities.
-
Ensuring Proper Tax Structures: Ensure you have the right entities in place.
-
Choose the Right Tax Preparers and Bookkeepers: Collaborate with experienced professionals who understand the intricacies of tax regulations.
-
Common Deductions People Miss: Don’t leave money on the table!
-
Dealing with Increased Collections: If you find yourself facing collection actions, know your rights.
-
What to Do If You Get a Notice from the IRS: Don’t panic!
-
Handling IRS Liens and Garnishments: If an IRS lien or garnishment threatens your business deals, act quickly.
The key to thriving in today’s tax landscape is knowledge and preparedness. Equip yourself with the right resources, and don’t face the IRS alone.
Speaker: Attorney Amy Farrow
Amy Farrow is an Attorney and real estate investor with over twenty-five years of experience. She has represented business owners, banks, and real estate professionals in litigation and transactional matters. Amy has also closed hundreds of real estate transactions, residential and commercial. She has bought and flipped more properties than she can remember, the very first in 1999.
Amy is a graduate of the University of Wisconsin, both undergraduate and law school. She began her practice of law at a small firm servicing Columbia, Sauk and Dane County. After a few years of practice, Amy joined the Department of Justice. She served as a Special Agent with the Federal Bureau of Investigation in Oklahoma City, OK. After five years, Amy returned to Wisconsin and resumed the practice of law serving southeastern Wisconsin.
In her spare time, Amy loves to relax with her four children and two silly dogs. She and her husband travel often and love to visit National Parks. Amy also runs in obstacle and adventure races several times a year, such as the Tough Mudder and the Spartan races. She is a commercial pilot and is currently looking to buy a plane for new adventures. Amy also sits on the board of a nonprofit that focuses on raising money for breast cancer survivors and their families.
WiscoREIA’s Kenosha Meeting Always Meets on the 2nd Tuesday of the Month from 6:30 pm to 8:30 pm!
Hosts: Dan Yurkovich
Dan started his investing career in 2018 when he moved to Kenosha and bought his first property to “house hack” and begin building a rental portfolio. After struggling in real estate for 2 years, he eventually found WiscoREIA in 2020. Networking with other local investors at the monthly meetups, he quickly learned the potential to become financially free through real estate and dove in headfirst.
He started acquiring more rentals using the “BRRRR” method and eventually got into flips, wholesales, and creative financing. In June, 2022, Dan was able to leave his full time job as a mechanical engineer and start investing in real estate full time. He specializes in buying rentals with no money down and is always eager to learn new strategies to buy properties and help sellers in difficult situations.
Dan loves to share what he has learned with other investors and get those around him excited about the life-changing potential of real estate investing. In his free time, he enjoys traveling, trying new food, playing sports and snowboarding.
Make sure to bring tons of business cards as you will be meeting with people that you want to get to know!
Meeting Location:
The Tipsy Kiwi
6015 75th St
Kenosha, WI 53142
Please enjoy food, drinks, and TIP YOUR SERVERS!
6:30 pm - 7:00 pm - Doors open early for Networking
7:00 pm - 8:00 pm - Speaker Presentation
You can stay after the meeting as well to network! Remember to bring your deals!
Members are always FREE! Your first meeting with WiscoREIA is FREE!
After your first meeting, Non-Members are $30.00.
***Make sure to pre-register - We are now Cashless***