Technology like AI is making it possible for the average taxpayer and investor to access the same tax avoidance products offered now to the wealthy private jet crowd who have millions of dollars, writes Jon Sindreu for The Wall Street Journal.
Smaller competitors like Alpha Architect in Havertown can now launch their own tax-busting products for consumers.
They launched an Exchange Traded Fund in 2022 that allows you to build an alternative to short-term Treasury bills without paying out interest income..
High interest rates have made it a popular product.
Alpha is also participating in the launch of the Cambria Tax Aware ETF that was announced in October.
It lets investors who contribute to the fund benefit from a loophole used by the wealthy to defer capital-gains tax on real estate.
The arrangement allows for a more diversified portfolio, though taxes will still eventually be due.
These days, several wealth platforms available to the masses include automated tax optimization.
Generative artificial intelligence is helping reduce costs, both for launching tax-saving products and building AI agents that can customize a savers’ tax needs.
Find out more about tax avoidance products now being offered thanks to technological innovations, in The Wall Street Journal.
