Skip to main content

Posts

Showing posts with the label RetirementTaxPlanning

Ways to Avoid Paying Taxes without Breaking the Law | Understanding the Rich's Tax Strategy

Tax specialist David Perez joins us today to discuss ways to minimize tax payments and build your own economy. His book, "Build Your Own Economy," emphasizes the importance of retaining control over your money and making informed decisions about its usage. Working with the right tax professional, such as a proactive accountant or tax strategist, is crucial. While a tax attorney helps with IRS issues, a tax strategist focuses on navigating changing tax laws, seeking opportunities within rules and loopholes. If you've faced an audit, it may be time to find a new accountant or consider working with a tax strategist. Planning for taxes should be done throughout the year for best results, not just in April. Book a call with David's team here - Check out David's book, "Building Your Own Economy" here - Are you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my new course “Business Builder Academy” where I go...

Guide on Executing a Mega Backdoor Roth-IRA Conversion

Learn what a mega backdoor Roth-IRA conversion is and how to do it. Self-Directed Roth-IRA @ E*TRADE - Crypto Roth-IRA @ Alto (Use This Link to Get $50 Free in Your New Account) - Why 401ks and IRAs are Bad - Best Structure for Owning Assets - Video Contents 00:00 - Intro 01:48 - What is a Backdoor Roth-IRA Conversion 06:55 - How to Do a Backdoor Roth-IRA Conversion 14:25 - Things to Watch Out For 18:48 - Where to Set up Your Roth-IRA 22:20 - Tax Issues for Backdoor Roth-IRA Conversions The information in this video is for educational purposes only. Nothing in this video is intended to constitute legal or investment advice. We may receive commissions in exchange for products or services recommended.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA A Mega Backdoor Roth-IRA Conversion is a tax strategy used by high-earners to co...