Multiple Tax Advisor Strategy

A strategy used by ultra-successful people to optimize their tax situation by leveraging multiple tax professionals and dedicating significant time to tax planning.

Core Tax Strategy Philosophy

• Most successful people employ multiple top tax strategists instead of relying on one
• Tax optimization should take 5-10% of your time annually
• The compound effect of tax savings over decades is massive
• Having multiple opinions leads to better tax strategies than single-source advice

Implementation Approach

• Find tax professionals who work with billionaires
• Get introductions to top tax strategists through successful people
• Combine advice from multiple tax professionals
• Dedicate 5-10 days per year minimum to tax strategy
• Don't stay loyal to one tax person - constantly seek new perspectives

Why It Works

• Tax is typically your biggest expense
• The ROI on time spent on tax strategy is extremely high
• Most people spend less than 1% of their time on tax planning
• A 5-10% time investment can save 50% on taxes
• The compounding effect of tax savings over decades is significant
• Tax professionals stop giving fresh strategy after year 1 if you don't actively engage

Common Mistakes to Avoid

• Using the same tax accountant for many years without exploring alternatives
• Being emotionally attached to one tax advisor
• Not dedicating enough time to tax strategy
• Treating tax as an administrative task rather than a strategic opportunity
• Failing to get multiple professional opinions

Key Mindset Shifts

• View tax strategy as a high-leverage investment of time
• Treat tax optimization as an ongoing process, not a one-time setup
• Be willing to "date around" with different tax professionals
• Focus on compound effects over immediate savings
• Consider tax strategy a core part of wealth building