5 min listen
Tax Strategies To Starve The IRS
ratings:
Length:
11 minutes
Released:
Jan 2, 2023
Format:
Podcast episode
Description
There are a few key things you should be talking with your tax specialist about in the new year. In this episode, I highlight how you can reduce your taxable income through the Augusta Rule, utilizing your kids on payroll, and structuring your rental property income. There are so many ways to move money out of your business and put it into your pocket tax-free, so listen in to see how you can take advantage of these three strategies. IN THIS EPISODE, WE TALK ABOUT: Examples of how to use the Augusta Rule in your business Why you might want to set up a custodial Roth IRA for your child What to keep in mind before putting your child on your payroll Earned income tax versus short-term gains on a property Why I recommend looping all your income properties together into one LLC RESOURCES: Learn more from me and proven business experts by signing up for one of my many online courses. CONNECT WITH CANDY Follow me: @candyvalentino Buy your copy of Wealth Habits: wealthhabitsbook.comJoin Founders Organization
Released:
Jan 2, 2023
Format:
Podcast episode
Titles in the series (100)
Stop Spending, Start Investing. Welcome To Generation Wealth.: The definition of “wealth” is an abundance of valuable possessions or money. But it's time to think outside the dictionary as we break down all the ways you can increase your financial wealth -- your business, your bank account and your bottom... by The Candy Valentino Show