Ken Heistand

Truth Is – I’ve been in business all my life!

Even at my age, I knew I was busted ! The deal was that if I turned in pieces of glass and nails that I picked up around the place, I got a nickel apiece. My grand parents had started the practice and I had talked my parents into investing in our place by employing my sharp eye to keep things safe around there. 

I found several dangerous looking sharps along the drive and could see that this could end up being a very profitable venture. Problem was, there was a limited supply of nasty looking pointy things, and I needed a breakthrough.

Just down the road was the old abandoned train station where I played many afternoons, and it didn’t take me long to put together a plan. Toting an old coffee can with me, I found lots of great nails and glass around the roofless structure.

I hid up my treasure and began just turning in a few items every day, and watched my piggy bank sag with the burden of nickels.

Then is when it happened. My little sister was watching when I tapped the stash and immediately reported me to the authorities.

I knew when Mom asked me where I was getting all those nails that something was amiss. And that’s when my sister piped up and told Mom where to look for the mega can of doom.

Needless to say that was the end of my money making business and also my reputation as an upstanding citizen around the house.

It took me quite a while to get my mojo back, and I learned that honesty is the best policy, an attribute that has served me well for many years.

I started young at about 6 years old raising rabbits and trapping in the winter for furs, picking blackberries in the summer for cash. It all seemed pretty natural – I grew up in farming country in rural Kansas, and all kids learned to work early.

Chapter 2 – The Adventures Of Youth

My folks moved when I was 11 and I went to work for 3 old men who were our neighbors; Elam was splitting up property, so I learned how to layout property lines, plant trees, and the odd jobs, like split his firewood and dig a few ditches.

Coy owned a flea market, so I cleaned up around there and organized the junk. Charlie worked there, too, fixing tools and other stuff, so he taught me how to put in a handle, cut glass, do plumbing and other important skills. My dad was an electrician, so I built some pretty cool projects in high school.

Soon after I married my wife, Beverly, we bought a Mexican restaurant and ran it until we were completely broke, and I went back to work to pay off the IRS while Bev raised our two kids. Not long after I met an old guy who taught me about real estate. I bought some rentals and eventually a large mobile home park and ran that business for about 10 years.

During this time I also did some construction contracting, built up a recycling business and ran my own trucking company. So I have had quite a bit of experience in the world of physical businesses. While running these businesses I depended on a long time friend who was great at taxes, and had the best software. I could count on him to get me the best tax deal while keeping me out of hot water.

Chapter 3 – Understanding Taxes

During those years of starting and selling businesses I not only relied on my tax man, but I learned ways to streamline my business to get the best tax advantage. I learned that the tax code is set up to favor those who own their own business, and conversely punish those who work at a job.

In fact, in many business situations the owners pay NO taxes, because either the expense of taxes is passed on the to customer or the tax code just simply favors the entrepreneur enough to give them ample tax loopholes. It’s simply a matter of understanding what the IRS wants and building your business in that way.

In time my friend got old enough to retire, and after handling taxes myself for many years I took his place. I now serve my customers by helping resolve unpaid back taxes and unfiled returns. The IRS can be pretty terrifying but as soon as I contact them on your behalf the threats will cease. We can then agree on reasonable terms to correct your tax problems.

If you are having tax problems give me a call. Enjoy life and don’t let anything steal your dreams.

Ken Heistand | Tax Resolution 417-434-2555 Call or Text