Tax News For Business Owners
Tax News For Business Owners
Business Owners Tired Of Huge Tax Bills Flock To New Service Who Pays You To Do Your Taxes

-- Paying Less Taxes -- Business Owner Tax Deductions

 Last Updated December 16th, 2021           Read Time: 5 min
Business owners are flocking to the PLT Firm, LLC to keep more of their hard earned profits in their pockets. Here is why.

Pay Less Taxes Firm (PLT Firm) was born out of Damon Van Fleet’s personal frustration. The clients in his advertising agency kept getting crazy tax bills after he helped them grow their business.

“Can you imagine? I helped these business owners add 6 figures or more to their business - and then they get their tax bill.”

Damon has always loved good tax strategy. 

"I had to see if this was normal, because I've done my own tax strategy for years."

What Damon found surprised him. He found most business owners doing mid 6 figures or more a year were leaving tax strategy to their CPA. He doesn’t think that is wise. 

“Most CPA’s are playing a reactive game instead of a proactive one. The communication is hard, because they're working with hundreds of clients at a time. And your tax bill is still too high. It doesn't have to be that way.”

Damon shares nearly ¾ of business owners who work with The PLT Firm reach out for two reasons. They feel like they are chasing their accountant. And they are sick of paying so much in taxes.

“A prospective client told me he hadn’t heard anything from his CPA all year. He knew his business was exploding with fast growth, and he was worried what his taxes would look like. After a month he finally got a two sentence email from his CPA. It read: I did a mock tax filing and it looks like you are going to owe 211k in taxes."

Unfortunately, this experience is the dirty little secret with business owners. Especially if your business is doing well. After realizing how big of a problem this is, Damon Van Fleet saw an opportunity to disrupt the 100 year old tax industry with a new approach.

His plan didn’t involve new tech or apps. Instead, Damon focused on 3 things. Exceptional customer service, good systems, and the absolute best people applied in the proper place. Especially in the role of tax strategy.

“I honestly believe the main difference between a financially free business owner and business owners that stall out boils down to one thing: a good proactive tax strategy.” shares Damon. 

“Most CPA’s are great at finding the right forms to react to your situation each year. But they’re not good at helping you with a proactive strategy. It’s hard to grow fast when you keep giving way too much of your money to the IRS."

Damon saw this first hand with his advertising clients, as their sales exploded. By mid 2019, most of Damon’s conversations were revolving around tax strategy and how he was able to run a million+ business with hardly any tax liabilities. 

“My wife told me one night, after I had spent all afternoon helping a couple clients save over $30,000 in taxes with a few strategy adjustments… ‘Baby - you need to be getting paid to do this!’

Soon after, Pay Less Taxes (The PLT Firm) was born.
So what makes them different? 

“We turn the entire industry around. The current approach for business owners is backwards. I’ve never seen such a reactive industry in my entire life” Damon continues.

“Maybe you’ve heard the quote ‘those who fail to plan, plan to fail?’

Most business owners have been taught: Run your business. Maybe keep your books. Send over what you did to your CPA at the end of the year. Then pay the tax bill. 

It's all reactive. 

Whenever I design anything I always start with the end in mind. And if you go proactive and reverse the way things are done, you save a TON in taxes.”

Damon’s new approach is completely novel and stress free. 

“We do everything for you. Four times a year, we meet with you and create a tax strategy based on your goals, dreams and ambitions as a business owner. 

Our number one goal is paying the least amount possible, while building your wealth position.

From the strategy we build together, we decide on the best possible business structure for you. Then we align your money movement, so you save even more. Then we do your bookkeeping and detailed financial work, so everything is documented and you have a paper trail. Then we file all your taxes, leveraging the hidden deductions and profit tax pools our strategy has opened for you. Finally, we help you buy the right assets to build your wealth and pay even less.
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We want you to know you’re doing the best strategy possible - and never have to think about any of it again…” 

And it seems to be working. Hundreds of thousands of dollars have been saved on taxes legally for PLT Firm clients in just the last year. 

Damon is confident in his approach. 

“We guarantee our service will save you more in taxes than your past tax and CPA bills combined!” 

While some might be stuck in their ways, for many this new strategic approach makes more sense than the typical CPA approach. A smarter plan, more communication, and a specialized team is something all business owners need for their taxes. And if the results are guaranteed, what does one have to lose? 

If you’re interested in seeing if Damon’s team can help your current tax and financial situation, Damon is currently offering a free strategy call for qualified business owners. (You need to fill out a quick form to apply).  

There are limited spots available for the free strategy sessions, and they only have the bandwidth to support another 10 business owners this month. 

Click here to apply. 

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