Question 1

How much can I save on taxes with an LLC?

Accepted Answer

Most side hustlers and self-employed individuals save between $3,000-$10,000+ annually through proper LLC structure and tax deductions. The exact amount depends on your income level, business type, and which deductions you qualify for. Our free calculator provides a personalized estimate in just 2 minutes.

Question 2

Can renters claim a home office deduction?

Accepted Answer

Yes! Renters who have an LLC and work from home can deduct approximately 33% of their annual rent as a business expense for home office use. For example, if you pay $1,500/month in rent, you could potentially deduct about $5,940/year.

Question 3

What is IUL and how does it work?

Accepted Answer

Index Universal Life (IUL) is a type of permanent life insurance that builds cash value based on stock market index performance, but with zero downside risk. Your money grows tax-free, and you can access it tax-free through policy loans. It's a powerful wealth-building tool for high earners.

Question 4

How is this tax strategy legal?

Accepted Answer

All strategies we recommend are 100% legal and IRS-compliant. LLCs, home office deductions, and IUL policies are established parts of the tax code. Our team of Enrolled Agents, CPAs, and Tax Attorneys ensures every recommendation follows current tax law.

Question 5

What states does Wealth Launchpad serve?

Accepted Answer

We provide tax preparation, LLC formation, and business credit services to clients in all 50 states. Insurance and IUL wealth building services are currently available only to Texas residents.

Question 6

What credentials does Wealth Launchpad have?

Accepted Answer

Our team includes Enrolled Agents (licensed by the IRS), Certified Public Accountants (CPAs), and Tax Attorneys. Combined, we have over 30 years of experience helping clients optimize their taxes and build wealth.