Andrew Miles, ESQ
PRESIDENT AND FOUNDER
Andrew (Drew) Miles, Esq., grew up working the in the family building supply business on Long Island, NY, which sparked his entrepreneurial spirit. He built a traditional law practice in NY State, is a member of both the New York State and Federal Bars and specialized in business structure and transactions.
As an attorney advising corporate clients through his own practice from 1988 to 2002, Drew Miles never expected to become a professional tax advisor – or to eventually incorporate investment advice into his business.
It was as a business owner that Drew began to see the flaws inherent in the "uninformed tax system." When he began to seek tax advice that could help optimize his practice’s cash flow, he was disappointed by what he found. Drew decided he could do the job as well as anyone – while also bringing a deeper level of strategic insight to bear – and so he began an intensive 10+ year examination of the IRS Tax Code and the power of proper entity structuring to build wealth and insure a financial legacy for future generations.
Drew began to offer tax advisory services alongside his legal practice, eventually spinning the business off separately as Tax Saving Professionals, his current firm. Thanks to that extensive formal and informal education, his twenty- eight years of legal experience and thirty-five years of business experience, Tax Saving Professionals has thrived by helping more than 8,000 clients preserve over $750,000,000 in wealth since 1999.
Searching for Clarity, Finding Opportunity
As Drew worked with his practice’s tax professionals in the late ‘80s and the ‘90s, he concluded that the advice he received was frequently fragmented and often contradicted other, knowledgeable professionals’ input.
“It was disheartening and confusing to hear all this conflicting advice and not know when I was really getting the right answer,” says Drew. “So, I began to dig into the tax code on my own – coming from the perspective of a lawyer and business owner, not as a trained tax professional at the time.”
The results were illuminating, and not only for the sake of his own business.
“I recognized very quickly that I was not alone,” he says. “I was getting incomplete advice, and I soon realized that many of my clients were, as well.”
The core challenge, in Drew’s view, came down to a problem of perspective.
“The lesson I learned as a novice business owner was that – contrary to my expectations – my CPA’s job description did not include identifying all the deductions that I should be taking,” he says. “I thought that’s what they did! It’s not that they were not doing their job – it’s that their job was not what a typical business owner would expect it to be.”
A Unique Business Offering Unique Opportunities
As often happens in the tax advisory business, Drew quickly realized that he could add an extra dimension of value for his clients by counseling them on their investments, specifically regarding tax-advantaged instruments.
When one of his clients expressed interest in investing in real estate programs focused on socially and environmentally-conscious development, Drew suggested the client invest in an uncommon investment, Conservation Easements. This type of investment allowed the client to not only invest in an environmentally-conscious development, but also to defer some of his tax liability.
This led Drew to investigate, and implement strategies for his clients, additional uncommon investments and advanced tax strategies. These investments and strategies not only help his clients grow their money in a tax-deferred way, but can provide asset protection for them both personally and for their businesses.
Faith, Family, and the Pacific Coast Highway
Drew is proud to note that Tax Saving Professionals is a firm that bases its practices and culture on Christian values. The firm supports numerous Christian ministries and non-profits, including New Song Mission Nicaragua, which operates a dental clinic in addition to its ministerial work.
“We typically think of dentistry as filling cavities and whitening teeth and braces,” says Drew, “but it has an enormous effect on people’s health in third world countries because bacteria and infections in your mouth can cause serious health damage over time if they are not addressed. It’s very important for people in these areas to receive good dental care.”
He also proudly notes that he and his wife have two granddaughters, Violet (the “future president of the United States and leader of the free world,” says Drew), and Ava (the “Princess in training”).
Drew stays active by cycling, and recently completed an ambitious goal: riding the entire Pacific Coast Highway from Canada to Mexico.
“I started for my 50th birthday, when I rode the first segment- the State of Oregon,” he says. “It soon became apparent that I would eventually complete the whole PCH, approximately 2200 miles.”
Drew is an author, teacher, international lecturer and had been a leading expert in the areas of tax saving, asset protection and wealth accumulation. He focuses his efforts primarily on his goal of teaching socially responsible entrepreneurship and helping business owners and high net worth people achieve their goal of financial freedom and peace of mind.