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February 27, 2025 44 mins
Join Tom Wheelwright as he explores the pros, the cons, and the changes that need to happen within the IRS so they can better serve the taxpayers of America with tax professional, Louanne Gagnon.

Louanne is the owner of LT Gagnon, PLC. Her experience in the tax industry spans over 25 years. She has worked extensively with clients in various service industries, from real estate development and investment to retail business, estates, and trusts. She specializes in working with clients and their closely held businesses whether operating as sole proprietorships, partnerships or corporations. She believes her clients are best served when their tax planning is consistent with their long-term financial goals. Her staff and clients appreciate her diverse experience, responsiveness, organizational skills and her practical approach to solving problems.

In this episode, learn what you are at risk of with the drastic changes in the IRS and how you can protect yourself through ongoing education with your tax professional.


Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/


00:00 - Intro.
01:40 - What is the job of the IRS?
04:40 - What the IRS does well.
06:14 - What the IRS is doing poorly.
14:40 - Evaluation & Advocate: Tax professionals are advocates for the taxpayer.
19:33 - Audits & Non-compliance
24:08 - Where the funds should go.
29:22 - IRS Culture & Morale
32:11 - The Need for Technology & Customer Service
38:00 - Final Thoughts

Looking for more on Louanne Gagnon?

Website: www.ltgagnoncpa.com/

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ABOUT US:

Tom Wheelwright is the founder and CEO of WealthAbility and TFW Advisors, a leading authority on tax strategy and wealth building. He is the best-selling author of Tax-Free Wealth and a trusted advisor to Robert Kiyosaki. As a world class CPA, Tom is dedicated to empowering entrepreneurs and investors to reduce their tax burden and achieve financial freedom. He currently resides in Phoenix, Arizona.



DISCLAIMER:

WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
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