The Elimination Of Taxation Frustration | With Myron Golden Ph.D. And Carter Cofield CPA

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  • เผยแพร่เมื่อ 18 ธ.ค. 2024

ความคิดเห็น • 203

  • @realtalk2036
    @realtalk2036 ปีที่แล้ว +89

    Wow I'm in my 50s and working a job I'm not really happy with but have a plan... just bought a small farm... listening to this just revived my energy.... thank you both so much for taking time to put this video out for us all to learn... 👍✌️

    • @law7739
      @law7739 ปีที่แล้ว +16

      And allow me to encourage you, this is not even the tip of the iceberg, there's far more knowledge out there that now days we have free access too by a swipe or click of a button..first thing, ask God for wisdom and he'll give you the power to receive wealth! Deuteronomy 8:18

    • @realtalk2036
      @realtalk2036 ปีที่แล้ว +2

      @Law 773 thanks for the scripture 👍God Bless

    • @peacefaith9441
      @peacefaith9441 ปีที่แล้ว +1

      I looooove this episode ❤

    • @kjfowler1544
      @kjfowler1544 ปีที่แล้ว +4

      I want several acres and im in my 50s

    • @tallfoxstillwaters5131
      @tallfoxstillwaters5131 ปีที่แล้ว +1

      Farming is a great tax credit game, the accrual method of accounting is the way to go...you can write off INCURRED EXPENSES owed.

  • @realtalk2036
    @realtalk2036 ปีที่แล้ว +37

    Best video I've listened to in 2023, I'm watching this a dozen more times within the next month..thanks fellas, thanks Jesus 👍✌️

  • @danescabaez2896
    @danescabaez2896 ปีที่แล้ว +15

    Listening to Myron helped me become an entrepreneur. I quit my job in 2022 and I made $250K last year. I hired a CPA to do my taxes and only paid $164 in taxes last year

  • @kangruckus5939
    @kangruckus5939 ปีที่แล้ว +16

    This man has blown my mind and it continues come from Myron Golden’s platform that this continues to happen

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว +1

      Do you keep your options open?

    • @kangruckus5939
      @kangruckus5939 ปีที่แล้ว

      @@Cofield_advisor what do you mean?

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      @@kangruckus5939 how can I reach you?

  • @ButterflygirlKarla
    @ButterflygirlKarla ปีที่แล้ว +9

    Wow, this is so good. I keep rewinding this video.
    I am a tax preparer, and my goal is to become a tax strategist. You inspired me.

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว +1

      Hi, do you keep your options open?

  • @luxhairaffairriches2373
    @luxhairaffairriches2373 ปีที่แล้ว +6

    This young man is so on point! I especially like what he said at 15:33. I am a 30+ year IRS Appeals Officer- believe you me if your talking to me, the next step is tax court- and I have come across sooo many CPA’s that don’t know jack about the Tax Regulations and the Code! SMH😶

    • @lawbrown0345
      @lawbrown0345 ปีที่แล้ว +3

      Yes he really learned the tax game❤❤❤

  • @intlwan
    @intlwan ปีที่แล้ว +3

    43:18 when bro said wooooow 😂

  • @AnthonyHoweOnEarth
    @AnthonyHoweOnEarth ปีที่แล้ว +4

    This video is The Winner! 🏆 'Best Financial Literacy lesson the schools won't teach'
    THANK YOU!
    Now, if there's a 'Tax Strategist' in the UK 🇬🇧 reading this, PLEASE let me know. I got lots of clients needing your knowledge & guidance.
    Thanks in advance.

  • @samanthamoore5529
    @samanthamoore5529 ปีที่แล้ว +14

    WOW, such major epiphany moments while listening. We know why this type of thinking and strategizing would never be taught in schools. Too much money going around to all the entities involved. But if all W2 earners, soon-to-be high school or even college grads knew this. Lots of changes and more abundance and prosperity for all. Thank you, gentlemen!

  • @LifewithInsurance
    @LifewithInsurance ปีที่แล้ว +13

    This is some powerful information! I am in my late 40’s and this information is changing the rest of my life🎉🎉🎉

  • @Rite1Global
    @Rite1Global ปีที่แล้ว +1

    No disrespect uncle Myron this is the first time I’ve seen you interview and I’m 11 minutes and I can stand the fact that I can hear this young brother speak due to your interruptions! I love listening to you! This one I’m struggling with! Coming from a place of love! Maybe practice more listening!

  • @latoniaparks5150
    @latoniaparks5150 ปีที่แล้ว

    Our family has a LOT going on so there was a HUGE benefit from attending Carter's tax-free challenge. It is fire!!

  • @tonyagordon2460
    @tonyagordon2460 ปีที่แล้ว +11

    AMAZING interview!!! So many Gems throughout💎 Notes were definitely taken📝 Thank you both for sharing so much knowledge on this subject. 🙌🏽

  • @andrereynolds3796
    @andrereynolds3796 ปีที่แล้ว +7

    Wow! 😯 This is mind blowing 🤯. Thank you all so much for this Myron and Carter. God bless y’all.

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      Hi, Do you keep your options open?

  • @DuncanCustomAirbrush
    @DuncanCustomAirbrush ปีที่แล้ว +1

    That moment of silence tho @40:14 !!!
    Bomb dropped💥, mind blown🤯

  • @owerrimarrashathearmherdwoman
    @owerrimarrashathearmherdwoman ปีที่แล้ว +3

    WOW- THIS IS POWERFUL!!!!!! I LEARNED TODAY! MY GOD!

  • @wilfredboldsjr5822
    @wilfredboldsjr5822 ปีที่แล้ว +4

    Rental income on the property purchased can also be counted as income. Good stuff

  • @lorenblackburn5092
    @lorenblackburn5092 ปีที่แล้ว +2

    DANG..... Mind Blown 😮 This is such a powerful interview. One of the best and most valuble things I have EVER heard!

  • @SoapandSoak
    @SoapandSoak ปีที่แล้ว +9

    This video is full of Gold and Gems Thankyou both for this information ❤

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว +1

      Do you keep your options open?

    • @SoapandSoak
      @SoapandSoak ปีที่แล้ว

      @@Cofield_advisor yes I’m open and flexible

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      @@SoapandSoak c_cofield@

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      @@SoapandSoak email

  • @peacefaith9441
    @peacefaith9441 ปีที่แล้ว +3

    I can listen to this over and over and learn something new each time. I love watching and knowing these two geniuses. 👍🏽🙏🏽❤️Dr AprilGant

  • @anncaughman2336
    @anncaughman2336 ปีที่แล้ว +1

    Thank you so much for this. I am just adding tax strategy to my tax prep business and was struggling with getting my clients to apply. Now I go to those that are looking for me. Thank you both

  • @angelaterry5021
    @angelaterry5021 ปีที่แล้ว

    I love you Myron for pushing through and opening your business because you bless me daily. I just found my new career. This subject excites me 🤗

  • @MyWorldofMetaphysics
    @MyWorldofMetaphysics ปีที่แล้ว

    Very interesting and informative

  • @DeCrevecouer
    @DeCrevecouer ปีที่แล้ว +4

    Holy Moly!! This man is a King in his Field!

  • @coachchanelbudd5892
    @coachchanelbudd5892 ปีที่แล้ว +7

    I’m so inspired by you Carter☺️
    Well done young man!!

  • @Wtas3653
    @Wtas3653 ปีที่แล้ว +3

    I'm a tax accountant and this is definitely a fun field! I thoroughly enjoyed this video. Thank you!!

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว +1

      Do you keep your options open?

    • @Wtas3653
      @Wtas3653 ปีที่แล้ว

      @@Cofield_advisor yes

  • @AdventuresWithC3
    @AdventuresWithC3 ปีที่แล้ว +2

    Looking forward to the challenge! Thank you Myron for having Carter on!

  • @TherealAlisaApplewhite
    @TherealAlisaApplewhite 10 หลายเดือนก่อน +1

    This was beautifully crafted!! Carter is so smart!! Had The chance to meet him

  • @dianalaughlin
    @dianalaughlin ปีที่แล้ว +6

    Thank you, Carter for sharing so much knowledge. I recall Ms. Business 101 recently remixed one of your videos. So glad Dr. MG interviewed you. 🔥 🔥 🔥

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      Hi, do you keep your options open?

  • @AikiraBeats
    @AikiraBeats 8 หลายเดือนก่อน

    Whoever created taxes wanted to get back at their ex. I’m glad I’m starting to learn a little bit more each year. This is pure gold thank you. ❤

  • @Am-mm6iz
    @Am-mm6iz ปีที่แล้ว +4

    I was looking at photos of my recent trip to Disney while playing this video in the background and I thought maybe I should start a blog of the trips I take then he says if you like traveling start a blog 😅 it’s a sign !!!!!

  • @adiamondintheroughcleaning8824
    @adiamondintheroughcleaning8824 ปีที่แล้ว

    Holy cow! I've had my business for over 22 years, and I'm just finding out about this!!

  • @linniebb836
    @linniebb836 20 ชั่วโมงที่ผ่านมา

    You have blown my mind! Thank you! Thank you! What a Blessing!

  • @OwlXPressIt
    @OwlXPressIt ปีที่แล้ว

    this is fire information. Oh my gosh at 64. I wish I had known this just maybe even 10 years ago but I’m learning and now thank you

  • @Am-mm6iz
    @Am-mm6iz ปีที่แล้ว +2

    I am going to rewatch and rewatch this video until it gets ingrained in my brain 👍

  • @geraldwestjr520
    @geraldwestjr520 ปีที่แล้ว +5

    Let the truth be told & make you free🎉👑

  • @brianglover5093
    @brianglover5093 ปีที่แล้ว +4

    Well said sirs!!!!Keep up the great work both of you!!!

  • @livedifferentNow
    @livedifferentNow ปีที่แล้ว +2

    Beautiful episode! So much information now time to apply it

  • @tathompson5602
    @tathompson5602 ปีที่แล้ว +3

    This is one of the best videos on taxation that I have ever viewed. Thank you so much Myron for sharing Carter with us! Thanks Carter for sharing your knowledge ❤

  • @cqueen7739
    @cqueen7739 ปีที่แล้ว +1

    Amazing, powerful information. Thanks for sharing.

  • @Gohardchick
    @Gohardchick ปีที่แล้ว +5

    Thank you for this! It was right on time!

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      Hi, do you keep your options open?

  • @tashanifrater4028
    @tashanifrater4028 10 หลายเดือนก่อน

    One of the best interviews. Extremely informative. I’m calling my CPA Monday.

  • @fearlessambition2039
    @fearlessambition2039 หลายเดือนก่อน

    Appreciate videos like this. I learned a ton.

  • @peggystreetinfluencer
    @peggystreetinfluencer ปีที่แล้ว

    I have a headache, because everyone should know this, and its kept under wraps!

  • @Moraima_Buonafede
    @Moraima_Buonafede ปีที่แล้ว +3

    Sooo many good gems 💎 💎💎 in this video 🤯🤯🤯

  • @KetoCoachA
    @KetoCoachA ปีที่แล้ว +1

    My two favorite COACHES/mentors on Social Media ❤❤❤🎉🎉🎉🎉🎉

  • @ROCKiTOWT.
    @ROCKiTOWT. ปีที่แล้ว +3

    Absolutely LOVE THIS EPISODE CARTER!!! 😍😍😍I Loved watchin you make !!Myron Golden!! THINK HARD like that!!😂 AMAZING!!! So glad you are one of his mentees! Can’t wait until I reach this level!!!🙌🏽🙌🏽🙌🏽🙌🏽💕💕💕💕✨✨✨

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว +1

      Hi, do you keep your options open?

  • @kjfowler1544
    @kjfowler1544 ปีที่แล้ว

    Thank you Myron for clearing up the EVERYONE needs the information.❤

  • @333ministries
    @333ministries ปีที่แล้ว +3

    Wow this is incredible like many of the teachings on this channel thank you

  • @JonDeRidder
    @JonDeRidder ปีที่แล้ว +2

    Thank you, Thank you for sharing. mind blowing on how much we can save in taxes!

  • @Mardasham
    @Mardasham ปีที่แล้ว +2

    This has tremendous value. Thank you 🎉

  • @coachchanelbudd5892
    @coachchanelbudd5892 ปีที่แล้ว +3

    I’m excited and taking all the notes on this valuable information! Thank you

  • @ImbueGreatness
    @ImbueGreatness ปีที่แล้ว

    This is the juiciest dialogue I have heard in long time. The jet write off got me going.

  • @bertwright6327
    @bertwright6327 ปีที่แล้ว +1

    Holy cow! This interview is OWTSTANDING!!! 🔥🔥

  • @leonelasantiago8361
    @leonelasantiago8361 หลายเดือนก่อน

    Wow, what value. Thank you for sharing this information. This is gold 💛

  • @Pro.1322
    @Pro.1322 ปีที่แล้ว

    I’m currently a w2 employee with a 2-3 year plan to replace my job’s income. This information makes my brain 🧠 hurt. I gotta listen to it 7 more times 😊

  • @niadaniels2892
    @niadaniels2892 ปีที่แล้ว +10

    Thank you! 😂😂 I'm having so much fun learning about taxes. Do you have to be a CPA to be a strategist? I feel like I'm being called to do this for others too

    • @ButterflygirlKarla
      @ButterflygirlKarla ปีที่แล้ว +2

      No, you don't have to be a CPA. You can be a registered Tax Preparer or an EA.

    • @Cofield_advisor
      @Cofield_advisor ปีที่แล้ว

      Do you keep your options open?

  • @MadmaxH22A
    @MadmaxH22A 11 หลายเดือนก่อน

    One of the greatest interviews I've seen on this channel 👍🏾

  • @1VonDoe
    @1VonDoe ปีที่แล้ว +3

    I need to learn this!!!

  • @olumideaiyedun2547
    @olumideaiyedun2547 ปีที่แล้ว +1

    Thank you so much, Carter! You dropped fireee all throughout this interview and then ended it all with a shout to Alex Hormozi. You're an OG my man👌🙌

  • @mentalog6018
    @mentalog6018 ปีที่แล้ว +4

    Thanks for making this video.

  • @mikestehura3676
    @mikestehura3676 ปีที่แล้ว

    What an amazing video! Wow! So much to learn! Love it all! Keep up the great work!💯

  • @lamonteearnest3494
    @lamonteearnest3494 ปีที่แล้ว +2

    What about irrevocable trusts ?

  • @LaTishaStyles
    @LaTishaStyles ปีที่แล้ว +2

    Let’s go Carter! This man quoting the tax code the same way pastors can quote the Bible 😂

  • @rico-suave9078
    @rico-suave9078 ปีที่แล้ว

    Thank you for sharing. Hope to meet yall in person one day. Im here in Lakeland Florida

  • @Stephanie-uj6fc
    @Stephanie-uj6fc 8 หลายเดือนก่อน

    This video hit close to home... I'm about the age of Myron, and I was parentless justlike this young man at the age of 18... Grow up Southside Chicago as well. Go team Jesus!!! I've studied many laws as well.... The Bible tells us to be as wise as a serpent but gentle as a lamb. You do the math and check out HJR 192 , public law 7310 and what happened in 1933 when our government went off the gold standard. There obligations to cover the people's debt....get a taste of what I'm talking about and listen to another young Christian brother by the name of Brandon Jackson Jones. Thanks for helping use to be blessed by the best.

  • @praxis-living
    @praxis-living ปีที่แล้ว +1

    Can you please tell me if there is any hope for Canadian citizens in Canada similar to these laws of the USA?

  • @coachchanelbudd5892
    @coachchanelbudd5892 ปีที่แล้ว +2

    So powerful and all truth!

  • @benniefieldsjr2649
    @benniefieldsjr2649 ปีที่แล้ว

    That’s so true about the school system!!

  • @louiricardo
    @louiricardo ปีที่แล้ว +1

    Does all these info works in canada too?

  • @lawbrown0345
    @lawbrown0345 ปีที่แล้ว +1

    Wow That's awesome A Tax Strategies

  • @lizhaider1305
    @lizhaider1305 ปีที่แล้ว

    AMAZING INFORMATION! THANK YOU!

  • @haneefshaheed9985
    @haneefshaheed9985 ปีที่แล้ว +2

    Ayo! Carter I need you down here in New Orleans, asap 😩🙌🏾😭😅😮‍💨!!!

  • @Josuenava77
    @Josuenava77 ปีที่แล้ว

    Just powerful! Thank you! 🙏🏼🙌🏼

  • @2ALegalSkoob
    @2ALegalSkoob 8 หลายเดือนก่อน

    " I'm top 2 and I'm not 2" 🗣️🔥

  • @TheLastSatoshi
    @TheLastSatoshi ปีที่แล้ว +1

    This is a brilliant interview

  • @airbnbgirllaura
    @airbnbgirllaura ปีที่แล้ว

    Am a little more than halfway through and am hoping you talk bonus depreciation for owners and operators of short term rentals.
    The instead of 39 years, you can bonus most of that in year one. The deduction counts against your W2 income if you’re still in a job.
    The losses can even carry forward. 😅
    God Bless America!

  • @realfairytale
    @realfairytale ปีที่แล้ว +1

    I'm loving this

  • @kjfowler1544
    @kjfowler1544 ปีที่แล้ว +1

    I must watch this again......OMG

  • @hermanmoreno9217
    @hermanmoreno9217 หลายเดือนก่อน

    Absolutely Amazing!

  • @QuianaJJ
    @QuianaJJ ปีที่แล้ว +1

    If my business is consistent with what I went to school for, is there a way to write off my loans? Are there any strategies for that bc technically it was “coaching” for my business or did I need to be in business at the time of college? 🤔 also is there a book or resource that has easy to understand tax information that goes step by step and in order? Every time I listen to these, valuable content is flying left and right and at different levels and I’m like 🎉 but where/how to start step 1???

  • @MMWA.F
    @MMWA.F ปีที่แล้ว +1

    straight gems

  • @yesi558
    @yesi558 ปีที่แล้ว +4

    Myron's really woke in the true sense of the word, he is real Anarchist in the real meaning of the word

  • @jond89
    @jond89 ปีที่แล้ว

    I literally just tried to like this twice!

  • @inne4088
    @inne4088 ปีที่แล้ว

    Hi,
    Really great. But I am in canada. Do these strategies apply to canada?

  • @thevisionofbeautycoaching
    @thevisionofbeautycoaching ปีที่แล้ว +2

    Having a good time 🎉

  • @bassoonatlarge9752
    @bassoonatlarge9752 ปีที่แล้ว +1

    I'm having so much fun right now!

  • @katygonzalez2544
    @katygonzalez2544 ปีที่แล้ว +2

    Golden nuggets here🤣🤣🤣🤣

  • @HeatherHeadley-cn1ss
    @HeatherHeadley-cn1ss ปีที่แล้ว

    Preach
    Faith
    Prayers
    Works

  • @JessicaLaShawn
    @JessicaLaShawn ปีที่แล้ว +2

    Love THIS!

  • @gomoandrews9403
    @gomoandrews9403 ปีที่แล้ว +2

    Incredible

  • @jaywilson8122
    @jaywilson8122 ปีที่แล้ว

    Greetings from a fellow product of the Chicago South Side! Thank you both for the information you put out in this video. it is really expanding my thinking. I have one question. A certain public figure is said to be in possible legal peril because he reported different figures on his property when he reported to IRS as opposed to what he reported to banks for borrowing purposes. How does one avoid this kind of trouble when making the similar move that you mentioned in the video? (I think you were talking about depreciation that the IRS takes off but the banks add back when valuating property.)

  • @Wtas3653
    @Wtas3653 ปีที่แล้ว +1

    Banks also add back a percentage of your mileage expense. For those whose business causes for a lot of driving, banks will add back a percentage of that expense. 😉

  • @Creativityboostpodcast
    @Creativityboostpodcast 5 หลายเดือนก่อน

    This interview is golden like Myron type of golden 😅

  • @allyomeally-watson3285
    @allyomeally-watson3285 8 หลายเดือนก่อน

    So when you buy a rental property does it have to be purchased through an incorporated company to depreciate it?

    • @allyomeally-watson3285
      @allyomeally-watson3285 8 หลายเดือนก่อน

      I am talking about UK taxes. It would count as capital allowance not depreciation?

  • @eastnewyorkent
    @eastnewyorkent ปีที่แล้ว

    Phenomenal Information! 🙏🏾

  • @rokyadiakite2395
    @rokyadiakite2395 ปีที่แล้ว

    Excuse my ignorance, what is the different between these strategies and what is commonly called and "tax evasion"? Many thanks in advance 🙏

  • @janl.8918
    @janl.8918 ปีที่แล้ว

    Do you need to show earnings for Side hustle to claim deductions?

  • @rhondaprice4805
    @rhondaprice4805 ปีที่แล้ว +2

    Knowledge!!!

  • @333ministries
    @333ministries ปีที่แล้ว +2

    Did I say....WOW!