How Rich People Avoid Paying Taxes | KC Chohan, Founder & CEO of Together CFO

Published: March 19, 2023, 11 a.m.

KC Chohan is the Founder & CEO of Together CFO, a tax advisory firm specializing in tax strategy for high-net-worth families. In this episode, KC shares his expertise on tax planning and provides insights on how wealthy individuals can protect their wealth and reduce taxes. He also offers advice for those interested in tax savings, emphasizing that significant wealth is typically required to implement such strategies effectively.\n\nhttps://www.linkedin.com/in/kcchohan\n\n\u25ba\u25baTHE DAILY CLOSE\nBRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.\n\U0001f449 https://www.thedailyclose.io/ \n\n\u25ba\u25baBITGET\nGET UP TO A $8,000 BONUS IN USDT AND GET MASSIVE DISCOUNTS ON TRADING FEES!\n\U0001f449 https://thewolfofallstreets.info/bitget \n\n\u25ba\u25baNORD VPN \nGET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT\u2019S RISK-FREE WITH NORD\u2019S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!\n\U0001f449 https://nordvpn.com/WolfOfAllStreets \n\n\u25ba\u25baCOINROUTES\nTRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS!\n\U0001f449 http://bit.ly/3ZXeYKd \n\n\u25ba\u25ba JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!\n\U0001f449https://thewolfden.substack.com/ \n\nFollow Scott Melker:\nTwitter: https://twitter.com/scottmelker \nWeb: https://www.thewolfofallstreets.io \nSpotify: https://spoti.fi/30N5FDe \nApple podcast: https://apple.co/3FASB2c \n\n#Taxes #Crypto #Rich\nTimestamps:\n0:00 Intro\n1:45 Minimizing taxes\n5:17 Charities\n9:10 Not selling \n10:40 Loans and interest rates\n15:15 How much money do you need\n21:40 What to do with crypto?\n25:25 Own nothing control everything\n28:30 Passing generational wealth tax-free\n30:00 Trust vs personal taxes\n31:50 CBDC disaster\n37:50 The cost to set up the trust\n40:30 Wrap up\n\nThe views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.