WiscoREIA Wausau: Mastering Tax Planning!

Mastering Tax Planning: Protect Your Wealth and Your Deals!

This year, IRS liens and garnishments are on the rise, making proactive tax planning more critical than ever. With the IRS ramping up collections, it's essential to stay informed and take strategic action. Here’s what Amy will cover:

1. Tax Planning Over Paying – Implement smart strategies to reduce your tax liabilities.
2. Structuring for Success – Ensure your business operates under the right legal and tax entities.
3. Choosing the Right Tax Professionals – Work with experienced tax preparers and bookkeepers who understand the complexities of the system.
4. Commonly Overlooked Deductions – Don’t miss out on valuable tax-saving opportunities.
5. Managing IRS Collections – Understand your rights and options if you’re facing collection actions.
6. Responding to IRS Notices – Stay calm and take the right steps when you receive a notice.
7. Handling Liens and Garnishments – Protect your business and act swiftly when financial threats arise.

Knowledge and preparation are your best defenses in today’s tax environment. Equip yourself with the right strategies and resources—don’t navigate IRS challenges 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 Wausau Meeting Always Meets on the 3rd Monday of the Month from 6:30 pm - 9:00 pm!

Hosts: Ashley Lang & Derek Dombeck

Ashley Lang is a real estate investor and owner of Clear Trail Properties. She currently owns and operates 6 vacation rentals and 19 mid-term rental units in central WI, northern WI and Upper Michigan. She also owns and manages 25+ long term rentals as well as flips single family homes. She has been in the hospitality industry for several years and thoroughly enjoys the science behind providing an unforgettable experience for her guests.

Everything from where you buy your property to where you place your dinnerware is very important in the process of setting up the perfect short-term rental. She also enjoys coaching her clients in the real estate space and loves to watch people live their visions!

When she is not working in her business, Ashley can be found coaching people about holistic health, mountain biking, hiking, camping, traveling and spending time with her boyfriend Buck, their son Korbin and their 3 English bulldogs.

Derek has been a successful Investor since 2002. He’s been through the ups and downs of the markets and has the scars to prove it.

Derek has been involved in hundreds of transactions in his career. He’s done wholesaling, flipping, landlording, lending and countless other investment strategies throughout the years.

Derek loves negotiating with sellers. He loves to put together creative solutions for sellers that few other investors can put together.

Derek loves giving back to the real estate community. Derek is also a coach and mentor who has a passion for helping others be successful too.

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 Bar

10302 Market Street

Rothschild, WI 54474

Please enjoy food, drinks, and TIP YOUR SERVERS!

6:30 pm - 7:00 pm - Check-in

7:00 pm - 9:00 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***