We help everyday Americans escape the shackles of the government by teaching them to to write off almost anything and keep the most money possible so they can grow their wealth like the top 1% of Americans do.
Our training programs contain a proven process that anybody can follow to turn everyday expenses into write offs without worry about IRS disallowing your deductions.
Most people pay taxes and never get ahead in life because they don’t understand what the top 1% of Americans know.
Thats why we started this movement. To bring the information to the people
We have been in business for over 20+ years and have help thousands of taxpayers stop leaving Uncle Sam a tip year after year! We teach our famous TD WOW System around the country!
We have a mission to help every taxpayer have the same tax knowledge the top 1% of Americans have so they can can generate the same type of wealth and opportunities the ultra wealthy have in America. We can’t wait for you to join our cause!
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Karla Dennis and Kenneth Dennis are the Founders of the Tax Reduction Company
Our Flagship Tax Reduction Strategy Program has helped save over $10,000,000 in taxes for self employed students all over the United States
I want to share my story of how I got to where I am today. I grew up in the city of Compton with my parents, my brother, and my sister. We grew up extremely poor, and I knew that we did not have much to fall back on. However, I was blessed to have my family and I wanted nothing morethan to figure out a way to improve myself. Growing up, my mother used to allow us to walk to the local library since the library was not that far from our home. That was the one place she would let us out of the house for, the library. Sometimes she walked with us and encouraged us to check out books and this is where I learned responsibility and self- learning from a young age.I spent a lot of time studying, learning and trying to figure out what I wanted to do. I eventually graduated from Compton High School and ended up going to Cal State Dominguez Hills, majoring in accounting.
I have to tell you, my friends, it was not an easy path for me to get my degree in accounting. My brother and sister had actually attempted it and had failed. In fact, I had even considered quitting accounting too. It was too hard and I figured I could do something else. It was my counselor that convinced me to stay. Actually, he told me I was not gonna quit, and I am thankful that he did. It was a real struggle but I did make it, and I did land that degree in accounting. When I graduated college, I did not get a position in a CPA firm. Most people that graduate college in an accounting degree, want to take a job in a certified public accounting firm. I didn't get a job there. I landed a job with a law office as an administrative assistant
The tax law firm was looking for someone that had an accounting background, and that could do administrative work. I landed that position at the tax law firm and I have to tell you, little did I know this was probably a life-changing situation. The entire time I was disappointed in myself for not getting a high-profile job and felt lost. I would sit at my desk and ask myself, “Did I fail myself by not having a position in accounting?” Little did I know that this firm actively worked to help taxpayers and business owners reduce their tax bills. Everything happens for a reason, and I was exposed to so much knowledge as it pertained to the tax law that it was probably the best education that I ever received. I observed, and absorbed this new side of the tax law. This is where I really picked up my passion for tax law, and really gained new insight for how taxes should be done
When I worked at the law firm, I was working about 60 to 70 hours a week. I was in a male-dominated field and so far had done well for myself at the firm. It was at this time that my husband and I decided to start a family. I knew that being a mom and being a successful businessperson was sort of counterproductive to each other. I wanted both sides of the coin, and it seemed impossible with how my life was going. I knew that being a good mom to me meant I needed to spend some time with my children and I also knew being successful in this law firm required me to work a lot of hours. I wanted us to start a family, I wanted to be a good mom, and I wanted to have money and have my career. So, I was really at a crossroads in my life at this time. I remember this being very stressful for me and thinking to myself, “Am I going to have to give up my career to be a mom?” I have always had goals and known what I wanted. I wanted to have a family, but I also knew I wanted my career. It was a really difficult time, but I made the decision to walk away from the law firm.
I knew the tax law, I was not an attorney, but I knew enough to try to go out on my own and make something of myself. So, I made the decision to start my own little company. At that time my spouse and I lived in a two-bedroom house and I was determined to do something; I left the law firm and I started a company on the kitchen table of my home. I knew that my spouse made enough money to cover the house note, but that was about it. There was no extra money for the extra things that I wanted and I knew that I had a baby on the way, so I had to make it happen. It was stressful, I had a little money left from when I was at the law firm, so I started getting a few small tax clients. I started passing out flyers, using word of mouth and tried my best to build my business. I started out with a few firefighters, police officers, and teachers. I felt comfortable enough having these clients come into my home, but the word started to spread, so I actually needed to make more money to really kick off my business. I needed to try my best to replace theincome that I was getting at the law firm and it was difficult, but I gradually started to build up a clientele and little by little my little company started to grow. Despite the growth, I had a newborn son and clients going in and out of my own home. It was quite a commotion, so I made the decision to get a real office.
When I made that decision to get a real office, it was a couple of months before Christmas. I was extremely nervous to be spending the last of my money so close to Christmas, and on leasing a new office space. I remember the man next door had an insurance building and one day told me, “If you're good at what you do, you lease that office, you place an ad in the Yellow Pages and you don't look back because failure is not an option.” I remember thinking to myself, "Are you kidding?" To place an ad in the Yellow Pages at that time would be about $500.
I barely had that much money left in my bank account, and that was going to be my money that I was going to use for Christmas. I said to myself, "Okay Karla, you have a decision to make. You can use that money to buy Christmas gifts, or you can use that money to place an ad in the Yellow Pages." The Yellow Pages back in those days was where people went to find businesses because we did not have the internet as we do now. In the end, his advice paid off because I eventually got my first major client from the Yellow Pages. I was in my office, it was on a Tuesday morning and I kept picking up the phone. The phone wasn't ringing and I kept picking up my telephone to check to see, did I have a dial tone? Is the phone broken? What is going on? Because, my phone wasn't ringing.
Finally, my phone rang and it was a lady by the name of Amanda on the other end of the phone. Amanda was in the middle of a tax audit and she had contacted me because she was referred to me through the Yellow Pages. She saw my ad and I had advertised that I help solve tax problems. So, she explained to me her situation, I told her that I could help her. Amanda met me in my office later on that afternoon. She signed her engagement agreement with me and gave me a payment of $1,000 to go before the IRS to represent her.
I was so excited to get that first major client, I knew this could be my big opportunity. When I called the auditor, he said he would only give me a week to meet with him. So within that time period, I had to get everything together to go meet Mr. Chu to represent Amanda before the IRS. I put on my business suit, I got my enrolled agent license badge and I drove to downtown Los Angeles to the federal building. I remember standing in line to go through to get into the federal building and just feeling so incredibly confident that day. I had all my documentation in place and I felt super prepared. Despite my eagerness, I flopped. I had met with Mr Chu, I presented the documentation. We met in his office for about a good two hours. We went over everything. I answered all his questions. He had a thorough questionnaire. I remember answering his questions. I remember being so incredibly confident. When I was done with that audit and I spoke to Mr Chu, he looked at me and he said, “Mrs Dennis, I am still not going to allow your client's tax deductions.” I remember my heart was pounding; I was panicking. I asked him to give me two more days to reevaluate my work. After all, I had only had a week to go over her records. He allowed it and sent me on my way with a firm warning.
I remember leaving that building, my head was pounding, my heart was racing and I'm thinking to myself, I failed Amanda. I could not explain to the IRS why the taxpayer needed these write offs. I didn't make it happen for her. When I got home I decided I did not want to talk about what happened, and told my husband that I just wanted to spend time with my son. I remember changing my clothes and picking up my baby boy. I remember just looking at Kenny and he made me happy and just wanting to spend some time with him. He smiled at me and had so much faith in me, I knew that I would have to find a way to not fail my son. Just like my own mother, books played a special part in our relationship and I took out one of his favorites and read to him. By the end of that children's story, it became crystal clear to me what needed to happen. I thought to myself, I had landed my big client and I had let her down. Just at that moment as I was reading that story to my son, it hit me. I said to myself, "I need to make the story of why my client needs these deductions as clear as the story I was reading to my son."
In that moment, I realized that I needed to break it down and make it very visual and easy to grasp. I sat at my desk and I really rethought my strategy. I said to myself, "I got to take this complicated process and break it down to its core." This is when I created my first version of the TD WOW System. I needed to establish a framework, a road map to give the IRS the actual stepsto tell a full story. I said, "Karla, paint the picture like a storybook." I was so excited to meet withMr Chu that week. I sat down, I met with him, I painted that picture and I won that case. It was areally exciting time and I've been winning cases ever since and teaching my students exactly what needs to be done and how.
If you look at my story and experiences, a lot of the ways I succeeded came with help. Now that I own my own business and have expanded to having over 20 employees, it's easy to gloat. A lot of business owners succeed and never share that wealth of knowledge. All the lows and highs of taking the risk and starting a business. My company helps Americans all over the country save money on taxes and not leave Uncle Sam a tip. I am a firm believer that you work hard for your money, therefore you deserve to do everything in your power to keep that money. At the same time, everything I was fortunate enough to learn is also something I want to share with everyone else. Whether you prepare taxes, own a business, invest in real estate, or want to learn more, my program is designed to be simple and easy. Just like the story book I read my son all those years ago, I wanted to find a way to help my clients by painting a picture story presenting that to the IRS, nothing more, nothing less.
In the end, I did get my wish. I met my goal, and even though it took hard work and dedication, Iwas able to be both a mom and a career woman. My husband and I had four sons, and we createda beautiful family and with four sons who had a mother and father who were able to succeed personally, financially, and as a unit. Now two of my sons help me run my business and have both dedicated themselves to helping other business owners succeed through saving money, and adapting to all the changes that have come over time. Karla Dennis & Associates has always been a family business and even though we have expanded over time and work with clients from all backgrounds, we always stay true to our foundation and always act with integrity.
Now her son Kenneth Dennis is the Co Founder and lead over at the Tax Reduction Company and runs our operations for our education business.
Get in touch
To get in touch with us please use the following information:
Customers: For customer support please use the Facebook group, 2x weekly Q&A calls or the Help Center.
General Enquiries: Please send an email to support@consulting.com. We aim to respond to all enquiries within 1 business day. Our office hours are 9am-5pm Monday-Friday, Eastern Time (New York).
Locations: We have one office in Dublin, Ireland and another office in Midtown Manhattan, New York City. If you require postal information please contact us.
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Get in touch
To get in touch with us please use the following information:
Customers: For Customer support please use the facebook group, 2x monthly coaching call, or the help center.
General Enquiries: Please email to support@taxreductioncompany.com.We aim to respond to all enquiries within 1 business day. Our office are 9am to 5pm Monday-Friday, Pacific Time (California) Your friends at TaxReductionCompany.com.
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