1) Every tax loophole I know.
No sales. Pure content.
If you appreciate my stuff, push this huge thread.
I’m tired of stalling at 9k.
If this group gets big enough, I could do so much more for you.
RT! Like! Tell your mother! Let’s go!!!
***Thread***
2) Pre-loopholes
Make sure tax is part of your wealth strategy.
How much of your income you keep matters even more than how much you make.
Tax is your largest expenses. Tattoo that on your wallet because it’s the truest thing you’ll read today.
3) Almost any expense can be deductible.
I’ve written threads on deducting your vacation. Even getting paid to go on vacation.
If you are speaking money and it relates to a profit motive, there is a good chance you can deduct it. Start capturing these expenses for analysis.
4) One of the easiest ways here - have a business reason you are taking your vacation. Maybe for a rental property. Maybe for a retreat. Maybe for recruiting.
It needs to be four house per day of your non travel days, but that isn’t that hard.
5) Burn in your brain that paying more tax than you should doesn’t make you a better person (or worse if you find ways to save).