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by trdtaylor1
453 days ago
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In a way; but even 'savings' are easily manipulated with business vs w2 income. You can do mega 401k contributions (60k-100k+ per year dependent on circumstances), can roll to IRA, use a self-directed ira for further investments in family land or businesses ($millions per year). Management companies in different states/countries work wonders to drop your tax and increase money you can spend. Even small guys $1mil rev are doing things like a Dubai management company nesting. article hinted at it via the IP onshoring talk. |
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