Making large business investments, such as purchasing a private jet, can be leveraged to write off business expenses and reduce tax liability.
“it took care of all my taxes that year and the next year and halfway into the into next how the [ __ ] can you write off a Jets the game baby it's the cage this is the real cage”
Impaulsive · Sep 2019 · 1 episode · 1.6M views on this topic
He believes that having a full-time, in-house CPA provides a better, more secure system for managing complex business finances and tax documentation than outsourcing.
“I've found that not having somebody in person is like a nightmare because I'll end up just getting an email from an outsourced bookkeeper every 3 months and they're like okay, here's all the things we have questions on and I'd have to sit there for like 20 hours to answer their questions”
The Iced Coffee Hour · Dec 2021 · 1 episode · 365K views on this topicCitizens of high-tax countries like the United States should seek to lower their tax burdens by moving to more favorable jurisdictions or adopting offshore business structures.
“what I've discovered is if you live in the United States or if you live in a country like it you're probably paying way too much in tax I'm not saying you should pay zero but you're probably paying too much for what you're getting”
Chris Williamson · Feb 2024 · 1 episode · 295K views on this topicExtracted by a model; may misattribute who said what.