346: 3 Ways to Save Taxes As the Billionaires Do

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4 • 584 Ratings

🗓️ 9 July 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mark and Mat cover the three main concepts that billionaires Jeff Bezos, Donald Trump, and Peter Theil use to save taxes and grow their wealth. They emphasize that although these concepts are used by billionaires, they are just as applicable AND accessible to the everyday American. Everyone hoping to build wealth NEEDS to understand these concepts and how they can be applied in their life and business. Learn more and listen to prior episodes at https://mainstreetbusiness.com/ Grab my e...

Transcript

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0:00.0	Welcome everybody to this week's episode of the Main Street Business Podcast with yours truly
0:07.7	Mark Kohler and the amazing Matt Sorensen.
0:10.1	I got to come up with better intro.
0:12.0	I just do the same thing every week.
0:14.1	It's just...
0:15.0	You can keep saying amazing every time.
0:17.6	It's okay.
0:18.0	Oh, okay.
0:19.5	It's true.
0:20.0	It's true.
0:22.5	Just add some other good stuff in there.
0:28.0	Add some other. All right. Fair enough. Good call. That was my co-host, Matt Sorensen, for those not watching on YouTube, but catching this on your favorite podcast channel or medium.
0:35.0	This week's going to be a great show. We are talking about three masters in the concept of tax planning.
0:42.5	That's Jeff Bezos, Donald Trump, and Peter Thiel.
0:46.3	Now, you may not think these are masters and maybe other areas of their life.
0:50.5	They may bother you in their form of communication.
0:54.9	They're taking over the world or politics.
0:57.4	Set that aside.
0:58.8	But there are three lessons to be learned here.
1:01.1	I think it's going to be very informative.
1:04.1	Yeah.
1:04.4	And the nice thing we have is their tax returns.
	...

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