Michael Clanin, Certified Financial Fiduciary® of Safe Money Solutions, was recently featured on FOX 47’s Morning Blend, where he revealed the hidden tax strategies used by the ultra-wealthy and how individuals can restructure their finances to stop overpaying the IRS.
With over 20 years of experience in the financial and insurance business, Clanin has built a reputation for empowering clients to take control of their financial destinies. During the interview, he discussed the provocative concept of “divorcing the IRS,” emphasizing that many individuals and business owners overpay their taxes simply because traditional tax professionals focus on compliance rather than strategic tax reduction.
“People are overpaying taxes because they’re working with professionals who don’t know the tax code,” said Clanin. “My definition of a CPA is copy, paste, and attach. They are compliant. They are keeping themselves and their clients out of the IRS’s purview… They’re just inputting the numbers.”
Clanin also emphasized the critical importance of asset protection, citing the philosophy of controlling assets without legally owning them to shield wealth from lawsuits and external threats. His mission is to help clients avoid losing money in the market, build wealth safely, and provide lifetime income streams that endure throughout their enjoyment years.
In today’s complex financial landscape, many people follow traditional advice, such as funneling more money into a 401(k) or purchasing unnecessary business equipment, which often merely defers the tax burden. Clanin advocates for strategic restructuring of how a business operates and how an estate is planned, allowing individuals to retain more of their hard-earned money and secure their financial well-being.
By working with a fiduciary like Clanin, clients can rest assured that their financial advisor is focused on their best interests, prioritizing education and informed decision-making over product sales for profit.
Clanin shared: “When people come to me, they are often exposed to risks they cannot fully control market risk, tax risk, inflation risk, and liability risk. My role is to help them reposition their assets and strategies, so those risks are reduced and, where possible, transferred away from them personally. That is why I often say I do not have a license to lose a client’s money the way traditional market-based advisors do.”
Watch the full interview on FOX 47’s Morning Blend here: Interview with Michael Clanin of Safe Money Solutions
About Michael Clanin
Michael has been in the financial and insurance business for over 20 years. He works with clients in the areas of Tax-Free Wealth Creation, retirement planning, lifetime income solution, legacy planning and business and Estate Planning. He is an advocate for the safety and protection of his client’s hard-earned retirement money. Michael is committed to delivering outstanding professional service to his clients and acting with honesty and integrity. Michael is a former educator, so naturally, his approach in working with clients is through guidance and education.
Learn more: https://safemoney123.com/
The views and opinions expressed in this interview are for informational and educational purposes only and should not be construed as individualized investment, tax, or legal advice. Safe Money Solutions does not provide direct financial planning or investment advisory services to the public. Insurance and annuity products are offered through properly licensed insurance professionals and are subject to state availability, carrier underwriting guidelines, and suitability requirements. Guarantees referenced, if any, are backed solely by the financial strength and claims-paying ability of the issuing insurance carrier. Financial professionals and consumers should consult their own qualified advisors regarding their specific situation before making any financial decisions.