4 Reasons To Start A Business!
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- Опубліковано 10 лип 2024
- 4 Reasons To Start A Business!
Starting a business and jumping into the world of entrepreneurship can be very rewarding! There are some intangible benefits that you can enjoy such as Pre-Tax Power, Business Deduction, High Retirement Contributions, and Generational Wealth!
00:00 Introduction
00:37 Employees Are Handcuffed
1:15 Tax Code Is Written For Business!
1:53 The Cash Flow Quadrant
2:28 #1 Pre-Tax Purchasing Power
3:17 Example of Purchasing Power
5:19 #2 Business Deductions!
6:57 #3 Greatest Retirement Plan Solo-401k!
8:42 Defined Benefit Plan
9:17 Generational Wealth!
10:47 The Big Picture
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DISCLAIMER: I am not a financial adviser but fortunately I am a CPA :). These videos are for educational and entertainment purposes only and should not be taken as "individualized" tax advice. Should you need tax solutions I highly recommend consulting with a professional or our CPA Firm. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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Who's ready to launch a business!?
im ready! but you never have any open slots for consultation appointments haha. busy man you are
@@cryptonursery5027 Yeah to be honest my calendar is booked like 45 days in advance right now. On top of training new interns pretty busy
Me! I started, but should probably have you look into things for me. 😄 Especially since I work full time, have started a business and started trading.
Hey algo, give this man a bump!
🗣🗣
Rich Dad Poor Dad Best Book I've Ever Read Changed My Life
100% -- definitely got my wheels turning
Yea Brian! Great to see you pumping out the content brother! Keep it going
thanks bro!
this quality though. the set up CRISPY Brian!!
Thank you!! Trying to get on your level!
Beneficial information for those who want boost their bottom line. Why does one trade? The answer is to make a profit and that makes it possible to have business as a trader. One could consider coupling trading with trading education as a business model. It works!
I have a question in regards to the irs confirming and trader tax status, how would one physically apply for tts and how would the irs confirm all the points in B.E.H.A.V.E? I understand the criteria but not the actual process.
Hi Brian, I set up a LLC company for my trading but Chase and Bank of America does not allow me to open a business account for this kind of businesses?
I want to pursue content creation in the travel niche. Any way to get on a consulting call to explore some ideas?
How many trading account can one company open with a few members in a LLC?
No limit
Problems is I have been trading for the past 2 years and I just registered a business in my state. How do I move all equity to/under my business ?
Accounts need to be titled to the LLC
What if I only make 1000 dollars of revenue a year..