From Taxpayer to Wealth Creator!

From Taxpayer to Wealth Creator!

October 08, 20253 min read

R. Kenner French kicks off with “Tax Hack Time,” aiming to share practical, low-effort strategies to legally, morally, and ethically reduce taxes—especially for entrepreneurs and real estate investors. He emphasizes proactivity: the IRS won’t tell you you’re overpaying, so plan ahead and use simple moves that don’t demand heavy CPA time. He also teases bonuses at the end to sweeten the learning.

He introduces VastSolutionsGroup.com, founded in 1969 and now headquartered on Bainbridge Island, with national reach and a sister asset-protection firm (vastassetdefense.com). The team blends tax pros, attorneys, an actuary, and AI—via their in-house model “Einstein”—to forecast a client’s tax liability early in the year and then “reverse-engineer” strategies to minimize it before filing season. Kenner highlights his background as an author, speaker, and contributor, as well as the firm’s deep experience with AI.

Among the top hacks, several stand out: setting up the right entity (e.g., S-Corp) to split reasonable salary from distributions, which can cut payroll taxes substantially; using self-directed retirement plans (IRA/401(k), even Roth) to hold real estate or other assets for tax-deferred or tax-free growth; maximizing depreciation in real estate; and shifting income strategically to lower-bracket family members while coordinating with Roth contributions for long-term benefits.


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He also explains the value of qualifying as a Real Estate Professional (REPS) to deduct real estate losses against active income, deducting travel tied to business activities with proper documentation, and leveraging AI-powered bookkeeping for cleaner books, fewer errors, and faster tax optimization—spotlighting their “vastbookie.ai” bookkeeping tool. Understanding short- vs. long-term capital gains, utilizing installment sales, and managing frequent flips within qualified plans are also key parts of his approach.

Further, home office and education deductions (e.g., Augusta Rule, Form 8829) can add significant write-offs when done properly, but above all, proactive planning remains the foundation: meeting regularly with your tax pro, keeping up-to-date books, modeling scenarios, and executing year-round instead of reacting at tax time.

Two “bonus” hacks top it off—claiming R&D tax credits for AI or innovation work many businesses already perform (like using ChatGPT or Gemini), and exploring 831(b) captive insurance for larger risk management, noting its complexity but immense potential for high earners.

Kenner recaps all tactics—entity setup, depreciation, income shifting, self-directed investing, REPS, travel, AI bookkeeping, capital-gain strategy, home and education deductions, proactive planning—plus the R&D and 831(b) additions. His message is clear: if you’re not using most of these, you’re likely overpaying. VastSolutionsGroup can collaborate with or educate your existing CPA to fill those gaps in strategy.

He closes by offering free AI bookkeeping for one entity (via waitlist), a tax strategy roadmap package, and access to the Vault community for resources and connections. He also previews his book ModernMillions.ai—a playbook for making, saving, and protecting wealth using AI, tax strategy, and asset protection. His final call-to-action: visit VastSolutionsGroup.com, claim your bonuses, and share the knowledge with others who want to keep more of what they earn—legally.


Takeaways

Tax hacks can significantly lower tax liability for entrepreneurs.

Setting up the right entity can provide asset protection and tax benefits.

Self-directed IRAs can be used to invest in real estate without immediate tax implications.

Maximizing depreciation is crucial for real estate investors.

Income shifting to family members can reduce overall tax burden.

Travel expenses related to property tours are deductible.

AI-powered bookkeeping can streamline financial management and reduce errors.

Understanding short-term vs long-term capital gains is essential for tax planning.

Home office deductions can provide substantial tax savings.

Proactive tax planning is key to minimizing tax liabilities.


Sound Bites

This is tax hack time with Kenner.

Consult with a professional.

Use AI-powered bookkeeping tools.


Listen & Subscribe for More:

🎧 The Vast Voice Podcast → Available on Spotify & Apple Podcasts

▶️ Subscribe on YouTube (@VastSolutionsGroup.com) for expert insights 🚀


📚 Don’t miss Modern Millions by R. Kenner French – the #1 BEST SELLING Amazon book (Entrepreneurship category) 👉 ModernMillions.ai

📚 Amazon Top Selling Author→ https://www.amazon.com/dp/B0FHBS32LG


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