4.8 • 2.3K Ratings
🗓️ 29 June 2025
⏱️ 56 minutes
🧾️ Download transcript
Ever wondered how billionaires and elites pay next to nothing in taxes? In this episode, Brad Lea sits down with KC Chohan of Together CFO to break down how non-operating private foundations work — the same legal structure the ultra-wealthy use to slash tax bills, protect wealth, and build a lasting legacy. They cover how this strategy works, who it’s really for, common IRS fears, and how AI is helping high-net-worth families manage these complex structures more easily than ever.
If you’re making serious money, you need to know what the elites know — and KC lays it all out.
KC's links
https://www.instagram.com/kc.chohan/
https://www.instagram.com/togethercfo/
Click on a timestamp to play from that location
0:00.0 | All of the elites, billionaires, they all have this specific type of entity. |
0:04.8 | You can go on the IRS website, type in and you can see what it is. |
0:09.4 | And it's tax exempt. |
0:10.4 | Basically, you set up a structure. |
0:12.2 | Very few people know about it. |
0:13.8 | And it literally reduces your tax liability to what? |
0:16.8 | You can get down to single digit tax rates. |
0:19.0 | How do we do this? |
0:22.9 | Dude, you help people basically eliminate or drastically reduce their taxes. |
0:28.8 | That's right. |
0:29.2 | Yeah, absolutely. |
0:29.9 | High money, high net worth individuals, usually. |
0:33.0 | Yeah, exclusively. |
0:34.1 | You need to like make some before you worry about saving it, right? |
0:37.9 | That's exactly right. |
0:39.7 | So if I have a lot of high net worth individuals listening to the show, which I do, |
0:45.0 | you better pay attention because it's the second visit. |
0:48.1 | First visit, we talked a little bit about it. |
0:50.7 | Now you got some AI software? |
0:53.8 | Yeah, that's a separate thing altogether. Oh, |
0:55.7 | something else. We released that. All right. So together, CFO, folks, is Casey's company. |
1:02.0 | And basically, you set up a structure in some way that, you know, is completely legal. Yeah. |
... |
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