For every $1Million that you earn, this is how much money you are going to pay in taxes & how you can pay less! Instagram: @BOWLES ?SUBSCRIBE To The Channel ► http://bit.ly/2n37hkL
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Source Products Faster, Easier & Cheaper with the Silk Road: https://silkroad.tapptrk.com/3WBZ8F/2CTPL/ EcommSeason YouTube Channel: http://bit.ly/ecommseasonyoutube ___________________________________________________________________________ How Much I Pay In Taxes On $1,000,000 In this video I give you a breakdown of what you can expect to pay in taxes on $1,000,000 of income while living in the united states. Now I used 1 Million as a general number for easy math without having to give away specifics about my own personal and business income. However, this is a full breakdown of the different tax brackets and what you can expect to pay as a flat base-rate. But there are many things that you can do to differ and reduce your taxes without avoiding them in an illegal way which could get you in trouble with the IRS. There are many write-off strategies and things you can do to reduce your taxable income. This could include buying a business vehicle, investing in new business equipment, buying inventory in advance, investing in coaching/training for your company or even taking a business trip. Regardless, you are always going to want to implement these strategies to make sure you pay less money in taxes! Drop a LIKE if you enjoyed the video!
___________________________________________________________________________ *Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based my own own experience and research. There is no guarantee on anything due to the fact that there are many variables that play a factor in your success. Do your own research, do the work and take everything as an opinion.
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