The story: As a father of young children, this member conveyed a strong desire to be as efficient as possible in his work, with the income he earns, and with his valuable time. He came to Terra Firma looking for a way to save on taxes, and he was able to do that and more.
Tax Situation Overview:
Annual income: $950,000
Lifestyle expense: $300,000
Cash flow recovery number: $650,000
Initial effective tax rate: 35%
Annual tax savings: $230,000
The outcome: The member was surprised by the amount of taxes we could save him just in the first year of working together, and he said he was very glad he made the decision to move forward.
“I knew I was paying too much in taxes, but I was hesitant to do anything about it because of the time and effort I thought it would take to make a change. Working with Terra Firma has been very smooth so far.”
