The Two Tax Systems
David Disraeli has been teaching this concept for decades: the U.S. tax code contains two fundamentally different systems operating simultaneously.
System One is designed for W-2 employees. Income is taxed before you can spend it, deductions are limited, and your options for reducing your bill are narrow — a 401(k) contribution and maybe a mortgage deduction.
System Two is designed for business owners and investors. Income can flow through entities that provide deductions, tax deferral, and in many cases complete tax elimination. The same dollar of income can be taxed at dramatically different rates depending on how it is structured.
The goal of tax planning at 360NetWorth is to move as much of your income as legally possible from System One to System Two.
Tax Planning Services
Tax-Free Retirement Planning
Most retirement accounts defer taxes — they don't eliminate them. David structures retirement strategies that generate genuinely tax-free income, regardless of future tax rate increases.
Read: The Tax Free Retirement →IRA & 401(k) Alternatives
Traditional retirement accounts lock your money, limit your contributions, and expose you to Required Minimum Distributions. David shows you alternatives that provide more flexibility and better tax outcomes.
Read: The Incredible Shrinking IRA →Life Insurance as Investment
Permanent life insurance, properly structured, is one of the most powerful tax-advantaged vehicles available to individuals. Tax-free growth, tax-free access, and a tax-free death benefit — all in one instrument.
Read: Renting vs. Owning Life Insurance →Entity-Level Tax Structuring
The entity you operate through determines how your income is taxed. S-corp elections, self-employment tax reduction, and business deductions can dramatically reduce your total tax bill.
LLC & Entity Formation →Real Estate Tax Strategy
Real estate investors have access to depreciation, cost segregation, 1031 exchanges, and pass-through deductions that most professionals fail to fully utilize. David integrates these with your entity structure for maximum effect.
College Savings Alternatives
529 plans are widely recommended and frequently the wrong choice. David explains why — and what to use instead to fund education while preserving financial flexibility.
Taxes Are Going Up
The current federal debt trajectory makes future tax increases a near-certainty. The question is not whether rates will rise — it is whether your retirement income and estate will be positioned to withstand them when they do.
Every dollar in a traditional IRA or 401(k) is a dollar that has never been taxed. When you withdraw it in retirement, you pay taxes at whatever rate Congress has set at that time. If rates are higher — and they likely will be — every dollar you deferred is a dollar taxed at a higher rate than it would have been today.
Proactive tax planning now means structuring your finances so that future tax increases have the smallest possible impact on your retirement income and your estate.
The time to plan is before the increase, not after.
Your Silent Partner
The government is a silent partner in everything you earn, save, and build. It takes no risk, contributes nothing, and is never satisfied with its share. The only variable you control is how much of your income you allow that partner to take.
David Disraeli has spent 40 years helping clients minimize that number legally, ethically, and permanently — not through aggressive schemes, but through the structures Congress itself created for exactly this purpose.
The deductions, accounts, and strategies are in the tax code. The difference is knowing where to look and how to use them.
Tax Planning Topics
The Tax Free Retirement
How to build a retirement income stream that the IRS cannot touch — regardless of what tax rates do.
Read more →The Incredible Shrinking IRA
Why your IRA is smaller than you think — and what to do about it before it's too late.
Read more →Renting vs. Owning Life Insurance
Term vs. permanent — the real math behind the decision most advisors get wrong.
Read more →Stop Overpaying the IRS
A free consultation with David starts with an honest assessment of where your money is going and what can be done about it — no sales pitch, no obligation.