30mins in.. 😳 Fam. 🤯 I've heard of some of this before but he put a lot of extra sauce 🤑 on what I knew like the rent (office), car, s-corp plays.. But the game this man just dropped for 🆓 was insane! 💎 💎 Thank you so much..🙏🏽 S/o to Carter 🙌🏾.
In one sentence, he says the LLC structure can help protect your personal assets…but he also says that when u START your LLC, u can use your personal expenses as a tax write off. Personal assets can’t be protected when u blend personal expenses with business expenses. Great topic!
You missed what he said.. if you’re already paying internet bill, and now you have an LLC that need internet.. we’ll convert that into an business expense instead of an personal expense. This isn’t messing up your liability
He means when you have an LLC, expenses that WERE personal, can now be written off because you are now using those services and goods to run your business. If a business involves a lot of driving and phone calls, if strategized properly, that car and mobile device can now be moved from the personal expense column to business and therefore, written off. Your clarification is still important there, though.
Marcus J. Gadson, CFA, PfMP you should brush up on your sarcasm.. that’s why having a cpa help you was advised there’s laws you have to follow and there’s some loop holes. So if your using for personal some may advise you to write off the portion of the expense that’s actually for the business but who’s explaining every little thing when they want to charge for a course in this stuff. You can also seek counsel, go to irs.gov, or read books on this stuff.. OR WE CAN ASK YOU RIGHT?
I paused. I went over it in my head, then listened to it again. Right at about 34-35 minutes in. Wow! God bless you Carter. 🙏🏾 Headed to go buy your ebook.
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Carter is the Truth I appreciate you Ash as well....You are giving us Real Game Now it is time to execute. Anybody leaving comments want to work with me let's get it! Leave me your info...Ash I will be a future guest and Carter my future accountant/financial adviser!!!
If you learned anything from this video you should give it a like so more ppl can see this video. He shared so much y’all! Please share this with your loved ones if you care to help them keep money in their pocket. You work most of your life you should be able to keep most of your money.
Great content! Thanks for sharing! I was just sent this link after midnight. Going to start an LLC asap. Now back to rewind this video lol 😂 thanks again!
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Hey My name is Seray Jah, and just watched this wonderful video/interview of yours. This is the best information I have ever got from anyone, and I will be interested to have a one-on-one coaching session with you. And thank you very much for this information and may God reward you abundantly.
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Do you need to have a 'business license' to file for the business tax credit?? Or can you just have an EIN number? Or could you use your personal bank account and write off all of your business expenses??
These tax savings ideas are all centered around you needing to go into debt and take on a bunch of risk to start a business. You have to make sure you know what your doing or you can easily put yourself in a bad financial situation.
This information is great info and from owning and operating my own tax firm for the past 12 years, I want to clarify the 100% vehicle write off for businesses. What the brother didn’t say was that in order to write off the entire cost of the vehicle, it must be used 90% of the time or greater for business ONLY in order to take that deduction. So if you are a side hustler and only use your vehicle for business 1/3rd of the time, you do not qualify for that full deduction. You can however still depreciate that vehicle, just not at that rate they’re discussing. This is a cool video but let’s not be car sales “y” abt the game being shared. Give the ppl the good with the bad.
@@MarcusJGadson_CFA true but they can audit that ass and have just hired 700 new lawyers on payroll to go after small businesses in order to turn up the audits so this isn’t the best time to be over embellishing things esp on a Schedule C. That’s the most flagged tax return.
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Thank you both, for all you do. I am so fortunate to have found this channel (every video/interview/expert JUST KEEPS GETTIN BETTER!!) We need y'all out here in these SKREETS, FOR REAL! Thank you doesn't seem like enough but MANY THANKS!! P.s. already signed up for the VIP and can't WAIT TO LEARN & Pick up ALL THE GEMS you laying down!!
Shout out to EYL. I think this is the best episode that I've personally seen so far. So, what would be the interest rate on a loan taken from e-trade? That's an important consideration...
Awesome information shared here. Will be aggressive with my taxes this season. Huge take away... S-corps are a pass thru entity. so while you save on self-employment taxes, you have to be strategic with tax planning and optimizing deductions. if not, you will be taxed on the personal end.
Great content! I am interested in the car deduction (6,000 plus pounds) What I keep finding is there is a cap of $25,000 as a tax write off. Can someone please clarify? Also, does the car have to be new or no older than a certain year?
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
In October I will be starting me the online t-shirt brand after that I Amazon store so I can be able to take advantage of everything he was talking about me as episode put it in today's practice and use.
The Solo 401k rollover & loan to finance businesses/assets w/o tax penalties via E-Trade... WHEW! 💎🗝 💎🗝️ The Board Of Advisors & Destination Meetings play?!?!? 🙉 🍌🍌 And he ain't even done yet!
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Incorrect information about the sole proprietor, You can set up your business under a proprietorship and it's cool to do so, You can open a business account that's a sole proprietor with a bank traditional bank or an online bank business bank account, You just have to have the proper documents to set up one. You can still get all the tax benefits. Kindly said.
Invest in 401k ($20k annually) to reduce your taxable income , Roth IRA (up to $6k annually)and if you have children who are expected to go to college, invest in a 529 Plan. Also, make sure you do not sell the stock within one year of owning, because the short-term capital gains tax is higher than the long-term capital gains tax. Essentially, make sure u aren’t a short-term trader/investor
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Lisa O'brien .
I invest with Mrs lisa o'brien too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her..
is this a business car????? be careful- does he have a personal car--- allocate the business car correctly and allocate for personal..... to make it make sense irc 162- ordinary and necessary and reasonable--- business expenses are good---
I like how y'all shooting free game..salute!!💪💯but....your guest should slow down... if u replay this vid..you'll see what i mean...yea i could rewind it but it's not the point... Your mans(Carter)is talking a hundred miles an hr...i was once told..be cautious of fast talkers!!!facts!!!..slow it down a notch...sometimes smooth with the talk..then all of a sudden..fast talking...good interview other than that..
I love the volley when the guest presents the play, and then Ash breaks it down into itty bitty pieces for us in the back. Lol, love ASH CASH!
Carter just dropped some SERIOUS Game! Using the tax code to our benefit is essential!
30mins in.. 😳 Fam. 🤯 I've heard of some of this before but he put a lot of extra sauce 🤑 on what I knew like the rent (office), car, s-corp plays.. But the game this man just dropped for 🆓 was insane! 💎 💎 Thank you so much..🙏🏽 S/o to Carter 🙌🏾.
Yo Fam
I love it
Thanks cash for dumming down so we can keep up. Business line of credit to 401k is a diamond 💎
In one sentence, he says the LLC structure can help protect your personal assets…but he also says that when u START your LLC, u can use your personal expenses as a tax write off. Personal assets can’t be protected when u blend personal expenses with business expenses. Great topic!
You missed what he said.. if you’re already paying internet bill, and now you have an LLC that need internet.. we’ll convert that into an business expense instead of an personal expense. This isn’t messing up your liability
He means when you have an LLC, expenses that WERE personal, can now be written off because you are now using those services and goods to run your business. If a business involves a lot of driving and phone calls, if strategized properly, that car and mobile device can now be moved from the personal expense column to business and therefore, written off. Your clarification is still important there, though.
@@Homentertainement2 so it’s no longer a personal expense, even if you use it for personal reasons? Got it
Marcus J. Gadson, CFA, PfMP you should brush up on your sarcasm.. that’s why having a cpa help you was advised there’s laws you have to follow and there’s some loop holes. So if your using for personal some may advise you to write off the portion of the expense that’s actually for the business but who’s explaining every little thing when they want to charge for a course in this stuff. You can also seek counsel, go to irs.gov, or read books on this stuff.. OR WE CAN ASK YOU RIGHT?
@@Homentertainement2 👍🏿
The informs y’all drop for free literally is life changing and has changed mine i appreciate it.
Rewound so many times! Bad boys bad boys lol So many GEMS in this episode!!!! Peace & Blessings!!!
Thank so much I’ll run it back with the notebook
Great content!!! Outta this world value add!! Sidebar tho... Shout to the Haitian Brother hosting!! 🇭🇹 🇭🇹
I paused. I went over it in my head, then listened to it again. Right at about 34-35 minutes in. Wow! God bless you Carter. 🙏🏾 Headed to go buy your ebook.
0
This COFIELD/ASH CASH GAME IS SO SICK I'M SHAKING
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
thank you for these gems Ash!!!
This is much needed big ups to yall
Powerful interview! 💎💎💎 Thank you Ash Cash and Carter!👏🏽👏🏽👏🏽
Thank you so much
Carter is the Truth I appreciate you Ash as well....You are giving us Real Game Now it is time to execute. Anybody leaving comments want to work with me let's get it! Leave me your info...Ash I will be a future guest and Carter my future accountant/financial adviser!!!
If you learned anything from this video you should give it a like so more ppl can see this video. He shared so much y’all! Please share this with your loved ones if you care to help them keep money in their pocket. You work most of your life you should be able to keep most of your money.
OUTSTANDING!
Love the information from both of you!!!
Bro was dropping gems this episode!
Ash Cash did you do any interviews on tax havens in the US? I'd love to learn more🎉
Thank you AC
Oh!!! This episode is so very good!!
Paul Pierce spitting!!
This was Hard… thank y’all!
Doing it for the city ❤❤❤❤❤ #Chicago
Great content! Thanks for sharing! I was just sent this link after midnight. Going to start an LLC asap. Now back to rewind this video lol 😂 thanks again!
📌📌
Im very grateful for this! Thank you so much!
Thank you 🙏🏿
life changing advice!!!
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
So much free game here I'm so happy these good guys exist
Yo Fam
This was 🔥
Amazing interview
dropping gems
Absolutely powerful
This really where the gems at!
12 minutes in and he already dropping 💎💎💎
Hello Fam what's up Hope you are doing great in your NFT investment and mentorship program
Talking real spicy so many gemssss
Hey
My name is Seray Jah, and just watched this wonderful video/interview of yours. This is the best information I have ever got from anyone, and I will be interested to have a one-on-one coaching session with you. And thank you very much for this information and may God reward you abundantly.
Inside the vault. Heat
tax management is key
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Bro this crazy my mind blown 🤯 thank y’all and it’s not even over
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Definitely a game changer!!!
I played this back 💯
What are the times for the course
The Solo 401k loan play, can you then have tax deduction on loan and deduction on paying it back to your personal self?
Do you need to have a 'business license' to file for the business tax credit?? Or can you just have an EIN number? Or could you use your personal bank account and write off all of your business expenses??
My man Ash. Harlem stand up
Excellent 🥰
Amazing!!
Love this video family! What’s a good app to track your expenses?
Yo Fam
YOU GUYS ARE FABULOUS I LOVE YOU, THANK YOU FOR THIS VIDEO IT'S GREAT
These tax savings ideas are all centered around you needing to go into debt and take on a bunch of risk to start a business. You have to make sure you know what your doing or you can easily put yourself in a bad financial situation.
Anyone buying a car should just start business even if u fail u got free car keep ur w2 job work your business few hr a week
The risks will always be excluded from these conversations.
Lifes risky
this guy his dropping DIAMONDS
This information is great info and from owning and operating my own tax firm for the past 12 years, I want to clarify the 100% vehicle write off for businesses. What the brother didn’t say was that in order to write off the entire cost of the vehicle, it must be used 90% of the time or greater for business ONLY in order to take that deduction. So if you are a side hustler and only use your vehicle for business 1/3rd of the time, you do not qualify for that full deduction. You can however still depreciate that vehicle, just not at that rate they’re discussing. This is a cool video but let’s not be car sales “y” abt the game being shared. Give the ppl the good with the bad.
Works out better doing it slowly if still w2 worker car loans are 5/6 yrs write off 10/20k yrly would normally go to taxes
Good point, but you know the play…”the IRS can’t prove the vehicle WASN’T used 90% of the time”.
@@MarcusJGadson_CFA true but they can audit that ass and have just hired 700 new lawyers on payroll to go after small businesses in order to turn up the audits so this isn’t the best time to be over embellishing things esp on a Schedule C. That’s the most flagged tax return.
@@contradataxman2991 agree 100%. Glad you brought it up!
this is amazing advice about taxes, ty 🙏🏽
I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
Thank you both, for all you do. I am so fortunate to have found this channel (every video/interview/expert JUST KEEPS GETTIN BETTER!!) We need y'all out here in these SKREETS, FOR REAL! Thank you doesn't seem like enough but MANY THANKS!! P.s. already signed up for the VIP and can't WAIT TO LEARN & Pick up ALL THE GEMS you laying down!!
Shout out to EYL. I think this is the best episode that I've personally seen so far. So, what would be the interest rate on a loan taken from e-trade? That's an important consideration...
You take this guy’s advice you’ll set yourself up for an IRS audit😂😂😂
My wife and I run a LLP together how would we file taxes? Use 50% of the expenses if we file jointly or should we just file together?
Hello brother what's up Hope you are doing great in your NFT investment and mentorship program
Awesome information shared here. Will be aggressive with my taxes this season. Huge take away... S-corps are a pass thru entity. so while you save on self-employment taxes, you have to be strategic with tax planning and optimizing deductions. if not, you will be taxed on the personal end.
Please rewind this, bad boys behind this!!!🤣🤑🤗💪🏾
Get that money B!🤣🤣🤣 #CarterCofield
🥲 Thank You!!!
Great content! I am interested in the car deduction (6,000 plus pounds) What I keep finding is there is a cap of $25,000 as a tax write off. Can someone please clarify? Also, does the car have to be new or no older than a certain year?
Yo Fam wassup
Can we purchase the recording of the 5 day challenge?
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
The moment when #AshCash, realized he was lookin 👀 at $80k! Get that cash B! 😂 #LIGHTISLOVE💡💛🤲🏾
In October I will be starting me the online t-shirt brand after that I Amazon store so I can be able to take advantage of everything he was talking about me as episode put it in today's practice and use.
Great information
The Solo 401k rollover & loan to finance businesses/assets w/o tax penalties via E-Trade... WHEW! 💎🗝 💎🗝️ The Board Of Advisors & Destination Meetings play?!?!? 🙉 🍌🍌 And he ain't even done yet!
Hello Fam.I am running a private program for new or old crypto investors on my private trading platform which has been very successful. The idea is to build a solid capital base for investors by helping with trades while they watch, learn, and at the same time build their capital. By the way, the offer is limited, so it will not be available in the future as we will not be able to accommodate a very high population of investors.
It's been over two hours and I keep rewinding
How do you avoid piercing the corporate veil ? This is in regard to getting your LLC to pay for personal expenses.
Hello brother what's up Hope you are doing great in your NFT investment and mentorship program
show them the irs tax code that says this is what it is..... that why you get people on board. hopefully they can read.
5 stars
Incorrect information about the sole proprietor, You can set up your business under a proprietorship and it's cool to do so, You can open a business account that's a sole proprietor with a bank traditional bank or an online bank business bank account, You just have to have the proper documents to set up one. You can still get all the tax benefits. Kindly said.
I just know this video was for me
So much game
don't allow this flow of info go over your head. connect with your local CPAs and run this information by them with intentions to execute. #LessWork
B A R R R R S!!!!
i still dont get it ;(
"That's a Lay-up."
🔥🔥🔥🔥🔥🔥
🔥🔥🔥
💎 💎 💎 💎 💎
🔥
Can I pay what I can and you take the remaking out the profit ?
💎 💎 💎 🙏🏾🙏🏾🙏🏾👏🏿👏🏿👏🏿❤❤❤💯
How can I save on my taxes if I’m investing in the stock market
Invest in 401k ($20k annually) to reduce your taxable income , Roth IRA (up to $6k annually)and if you have children who are expected to go to college, invest in a 529 Plan. Also, make sure you do not sell the stock within one year of owning, because the short-term capital gains tax is higher than the long-term capital gains tax. Essentially, make sure u aren’t a short-term trader/investor
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Lisa O'brien .
I invest with Mrs lisa o'brien too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her..
@Mason alfie
You can communicate with her by telegram with the username below ...
@Mason alfie
INVESTWITHOBRIEN.
He makes it sound too easy bro
First
Are you sure you were first lol
is this a business car????? be careful- does he have a personal car--- allocate the business car correctly and allocate for personal..... to make it make sense irc 162- ordinary and necessary and reasonable--- business expenses are good---
I like how y'all shooting free game..salute!!💪💯but....your guest should slow down... if u replay this vid..you'll see what i mean...yea i could rewind it but it's not the point... Your mans(Carter)is talking a hundred miles an hr...i was once told..be cautious of fast talkers!!!facts!!!..slow it down a notch...sometimes smooth with the talk..then all of a sudden..fast talking...good interview other than that..
Great info but slow down my man. People don't like fast talkers. You're taking a breath after every sentence. Great info.
A $43,000 profit sent to my portfolio each week, Ms. Angela cole car is amazing.
Wow! How’s that possible please I’ll appreciate your assistance on how to go about it.
I’ve heard a lot about trading and investing with Mrs Angela Cole Carr and how good she is.
Her good reputation already speaks for her last month i invested over $100,000 with her and I've already made over $250,000 profit.
Same here I earn $13,000 a week. GOD bless Angela Cole Carr, she has been a blessing to my family.
@Alisha Gomez She is always active on what-app APK
🇭🇹🇭🇹🇭🇹
1099. work income.. Only