The Tax Strategy Billionaires Use That Almost Nobody Talks About | Ep. 442 with George Dimov, CPA and President of Dimov Tax
Daniel Robbins sits down with George Dimov, CPA and President of Dimov Tax, to unpack how wealthy people think about taxes, why business owners and freelancers often overpay, and what smart people still miss when it comes to tax strategy. George explains the difference between the “working rich” and ultra high net worth individuals, how billionaires often build wealth through appreciated stock, why borrowing against assets can delay taxable events, and how entrepreneurs can use tools like retirement plans, cost segregation, bookkeeping audits, and proper entity planning to reduce tax liability. The conversation also explores the accountant shortage, AI’s limitations, the future of personal tax services, the coming generational wealth transfer, and why customer experience is still the best growth strategy for a professional service firm.
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