20,000 IRS Agents Gone — What It Means for Your Taxes – Tom Wheelwright, Garrett Watson

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👉 👈 CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki's CPA, and apply to the WealthAbility Accelerator today!

Join Tom Wheelwright as he explores how the disruption in the IRS will affect you, your tax compliance, and your risk of getting audited with guest and Senior Analyst, Garrett Watson.

Garrett Watson is Director of Policy Analysis at the Tax Foundation, where he conducts research on federal and state tax policy. His work has been featured in the Washington Post, The Atlantic, Politico, the Associated Press and other major outlets.

In this episode, discover how the new wave of technology will significantly streamline and improve the IRS and data collection, what this means for you and your business, and how you can be prepared.

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

00:00 – Intro.
01:00 – Short & Long Term Disruptions
05:12 – Does this mean more audits?
09:14 – What AI Means for Your Taxes
17:30 – Tech’s Superpowers & Your Taxes – Are You Prepared?
28:45 – Leadership: Who Will Be in the Driver's Seat?
33:56 – Closing Statements

Looking for more on Garrett Watson?
Website: taxfoundation.org
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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.—–

Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

Cameron Long
 

  • @dartac11 says:

    Excellent! Get rid of the tax BS!!! 😎

  • @MrMoneyManGuyPerson says:

    “agents” lol. Mouse movers from home.

  • @Firebreathingreadherd1 says:

    Binance infinity ETH bug right now
    I just made a video to show that_

  • @jameswhite6673 says:

    It’s voluntary to file taxes no law is required for you to file

    • @braemp says:

      How are they able to garnish wages, levy accounts, and send people to prison for tax evasion? Id love for you to be correct.

  • @goosecouple says:

    87000 – 20000 = 67000 remaining.

    • @MoreWaveLessParticle says:

      I think what he was saying is that in addition to those 87,000 new IRS agents not being added, 20,000 would also be let go.

  • @daydreamer77w46 says:

    LESS GOVERNMENT EMPLOYEES EQUAL LESS TAXES NEEDED TO PAY THEM MONEY NEEDS TO GO TO ..WE NEED WORLD PEACEABLE SECURITY..THEN PROGRAMS TO HELP ELDERLY THEN WAYS TO HELP FARMERS CATTLE MEN..HELP PEOPLE WHO FED AMERICA.. HELP People With LOW COST SMALLER TRACTORS That WANT TO START A SMALL Rural FARMS.. EQUAL MORE FOOD 4 AMERICA CHEAPER COST.. KEEP Messi industrial pollution away from rural areas that produce food, clean air and clean water.. keep industry where industry HAS ALREADY POLLUTED THE AREA.. POLLUTION CANNOT BE UNDONE. ONCE CLEAN LAND HAS BEEN POLLUTED IT’S GONE FOR GOOD WE WANT TO MAKE AMERICA SELF-SUFFICIENT BUT WE NEED TO KEEP THE AIR CLEAN THE LAND CLEAN WE CAN GROW GOOD FOOD.

  • @randyosborne3971 says:

    For over 100 years both parties of Congress have sold this country straight down the river. And no one, not even DOGE can take Congress to task. Therefore, I’m all in on gold.

  • @denisrusso8131 says:

    You are so wrong. The IRS Building by me is completely empty. Closed

  • @PenDevito says:

    Thanks for your content Crypto ETFs approval has been a blessing to us all, was able to build my portfolio to $95k in 30days, I feel blessed🤗😊

    • @PedroReo says:

      Same here, I’m glad people are finally getting that Bitcoin ETF is the real deal! I’m currently on a $115k ride, thanks to Ms. Margaret Emily for her guidance. Totally with you buddy! 🙏

    • @JoongAlexander says:

      My Goodness, I know Ms. Margaret Emily as a crypto professional. Her integrity in the crypto community stands out. I met her through my sister-in-law in New Jersey.

    • @KeysaCapital says:

      Please provide more info about her and how secure the profits are! Thanks.

    • @Robert-m2d4p says:

      My family has been working with Ms Margaret Emily for two years, and her insights are incredible. I really appreciate her honesty!

    • @CarlDharani says:

      @@PedroReo I’m really excited about this and would love to connect. Is there a way to reach her?

  • @MoreWaveLessParticle says:

    “… making sure folks are keeping up with VOLUNTARY compliance.” 😏👏🏻

  • @User0player1 says:

    A us citizen is defined as a us business. No one is a us citizen.

  • @WilburnTreadwell says:

    Does anyone think AWS93W can ever get to a Bitcoin status?💸

  • @Scuba-D says:

    We arent IRS customers
    We are IRS victims

  • @StanfordigLudw says:

    I have over a billion AWS93W I’m going to buy my own planet in 2028

  • @numba1corner14 says:

    Why pay taxes when they print it…l extortion. Taxation is theft

  • @waynet.n says:

    Thank you for this informative video 😍👏… I think BTC, XRP, and ETH will likely retest the resistance on the upside and then fall. But as always, the situation is evolving daily, and all we can do is act responsibly, monitor the markets, and regularly evaluate our strategies. I want to thank Donald L for sharing my cryptocurrency knowledge, as I comfortably earned 6.7 BTC…

  • @moneymindsetus says:

    AI won’t replace humans. But humans who use AI will replace those who don’t.

  • @Ap_twsh says:

    Time to eliminate taxes. Trumps a revolutionist.

  • @RAY102m says:

    The rise in tax rates is why I decided to roll over my 401k to a Roth IRA. I don’t want to be 59 and paying taxes on withdrawals from my retirement account.

  • @Infinspire says:

    Huge shift! 20,000 agents gone could mean big changes in audits and refund timelines. We’re covering the ripple effects in this week’s Wealth Wednesday — check it out if you’re curious how this might impact everyday taxpayers.

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