Sep 7, 2026 · 30 min
Why tax strategy separates wealth builders from everyone else
The Tax Strategy Billionaires Use That Almost Nobody Talks About | Ep. 442 with George Dimov, CPA and President of Dimov Tax
The episode connects wealth preservation, overlooked deductions, and the shrinking supply of human tax expertise.
- 1Wealthy individuals can use appreciated assets, borrowing, and tax structures to preserve wealth without selling investments.
- 2Employees, freelancers, and solo-business owners often miss legitimate retirement contributions, deductions, and planning opportunities.
- 3As AI and online tools spread, responsive human expertise and customer experience remain central to solving complex tax problems.
Don't miss
George Dimov describes how starting his accounting firm during the 2008 financial crisis led him toward specialization, flexibility, and responsive service.
The brief
George Dimov explains how ultra-wealthy people preserve and grow wealth through appreciated assets, borrowing, and tax structures—while financially savvy taxpayers still miss basic planning opportunities.
The overlooked opportunities are often practical: retirement-plan deductions, defined benefit pensions, SEP IRAs, solo 401(k)s, and properly documented ordinary expenses for freelancers.
Buying versus leasing, forming a one-person business, and choosing a tax structure all require modeling the actual return rather than trusting generic advice or AI tools.
Dimov’s 2008 start shaped his view that specialization, flexibility, responsiveness, and trust can turn a small accounting practice into a scalable service business.
The conversation widens to an accountant shortage, a coming generational wealth transfer, and the limits of cheap software when tax questions become genuinely complex.