Episode description
Taxes can be substantial, taking a massive chunk of your income. The more money you make, the higher your tax liability. Regardless of how much you earn, can you reduce your taxable income?
Careful tax planning could significantly reduce your tax burden, even if you have a relatively high income. Today's conversation focuses on creative ways to reduce your tax liability legally.
Join Russ, Joey, and the financial freedom coaches as they discuss the following:
-How to effectively reduce the expenses associated with what we spend for our children
-What is QBI, and how do we maximize it?
-How to use your home for business meetings and qualify for the Augusta Rule
Wealth Without Wall Street New Book:
https://go.wealthwithoutwallstreet.com/newbook
Free IBCA or Financial Freedom Discovery Calls:
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Promo Code: PODCAST
Turn Active Income Into Passive Income:
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Find Out How Close You Are to Financial Freedom:
https://go.wealthwithoutwallstreet.com/quiz
Join the Wealth Without Wall Street Community:
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The Land Geek:
Invest With Your Friends and Family:
https://tribevest.com/partners/wwws
Know Your Investor DNA:
https://go.wealthwithoutwallstreet.com/investordna
The Infinite Banking Concept Explained by a CFP:
https://www.youtube.com/watch?v=sVuexMv6Kf4
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/
Financial Literacy App for Kids: