ilmscore | Prediction Details
"if you start an S corporation and you own 100 of your S corporation that you can buy everything that you own under that S corporation and then you don't pay taxes on anything that you purchase because it's considered a corporate expense"
By Graham Stephan | January 23, 2023 | Pending
From video
I Found The WORST Financial Advice On TikTok 00:09:37 - 00:09:51
Interpreted Prediction
A TikTok suggests that by owning an S-corp, all personal purchases can be classified as corporate expenses to avoid taxes.

Prediction Details

Topic
Tax Evasion

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