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How Rich People Avoid Paying Taxes | KC Chohan, Founder & CEO of Together CFO

How Rich People Avoid Paying Taxes | KC Chohan, Founder & CEO of Together CFO

FromThe Wolf Of All Streets


How Rich People Avoid Paying Taxes | KC Chohan, Founder & CEO of Together CFO

FromThe Wolf Of All Streets

ratings:
Length:
42 minutes
Released:
Mar 19, 2023
Format:
Podcast episode

Description

KC Chohan is the Founder & CEO of Together CFO, a tax advisory firm specializing in tax strategy for high-net-worth families. In this episode, KC shares his expertise on tax planning and provides insights on how wealthy individuals can protect their wealth and reduce taxes. He also offers advice for those interested in tax savings, emphasizing that significant wealth is typically required to implement such strategies effectively.

https://www.linkedin.com/in/kcchohan

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#Taxes #Crypto #Rich
Timestamps:
0:00 Intro
1:45 Minimizing taxes
5:17 Charities
9:10 Not selling
10:40 Loans and interest rates
15:15 How much money do you need
21:40 What to do with crypto?
25:25 Own nothing control everything
28:30 Passing generational wealth tax-free
30:00 Trust vs personal taxes
31:50 CBDC disaster
37:50 The cost to set up the trust
40:30 Wrap up

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.
Released:
Mar 19, 2023
Format:
Podcast episode

Titles in the series (100)

Host Scott Melker talks to your favorite characters from the world of Bitcoin, trading, finance, music, art, and anyone else with an interesting story to tell. Sit down, strap in, and get ready – we’re going deep.