ilmscore | Business Tax Strategy Predictions

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Accuracy

Recent Predictions

Total: 3

Correct: 0

Incorrect: 0

Pending: 3

Unrated: 0

Prediction

Author

Predicted at

Status

Video

To avoid paying taxes, individuals should aim to have no taxable income.

"if you don't want to pay any taxes then you don't want to have any income"

Jun 9, 2024

Pending

Rich individuals can avoid personal income tax by borrowing against their business's value instead of taking a salary.

"instead of taking out an income is they borrow against the value of their business"

Jun 9, 2024

Pending

Rich individuals can borrow money against their business's value instead of taking a salary, and this borrowed money is tax-free.

"Instead of taking out a salary of $100,000 you can go and take a loan against the value of your busi..."

Jun 9, 2024

Pending