How to Pay Less Taxes to The IRS | Accountant Explains

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[@randymouser3816]

The best LEGAL way to not pay taxes to governments is...to not make ANY money at all.

[@raganidze]

In other words spend it all legally pre-tax:)

[@IKIshesDivine]

🤣🤣🤣🤣🤣😅😅

[@wxieqdsiwevbks]

Cash only business lol

[@amandalee714]

Best non legal way, act crazy and get them to send YOU money!! 😈

[@YashaswinPathangi-hi4kl]

But then you can’t afford basic necessities.

[@SKZ1360]

Brian is the real deal, thanks for sharing your knowledge with us.

[@agarci7]

This beautiful man helped me through the pandemic with so much info, and he's still banging out quality content

[@fgbowen]

1:17 - Sir! You are Amazing!!! You Organize your videos SO well - Incredibly clear and concise and helpful.

[@clearvaluetax9382]

Thank you for all the support fgbowen!

[@fgbowen]

@@clearvaluetax9382- well sir - absolutely 100% you deserve it.

[@southeastoriginal5668]

This is definition of SOLID ADVICE!!! Thanks bro people charge for this simple stuff but make it complicated

[@jacobfoley9684]

How about just delete the irs

[@scc12321]

You're literally my hero Brian I learn so much from you. Thank you for teaching me things we should be learning in high school

[@NE0Nwhip]

The point of school is to brainwash instead of prepare you for life

[@CarlosPlumbingNMoreToolReviews]

He should be an elective in High School 😎👍🏼

[@mw3516405]

Brian🌿 Thank you for not forgetting us! We appreciate you sharing your knowledge and experience,! 🎄

[@ChristinaMoralesMindfuqed]

We knew brian had money in the family 😢 he just using his higher education skills to do right by the people❤

[@govind90]

Excellent breakdown of tax savings options. Well done.

[@KandiNBeyond]

Hey Brian, long time watcher, I was wondering if you'd be able to consider an updated 1099 for gig workers video. I am just getting into this and would love to keep doing it, but I am completely lost with taxes, Sending love and holiday wishes❤

[@trailblazer8276]

I agree! Brian, can you help us with more tax deductions with us self employed!

[@frescosmalls]

Set aside 30% of your 1099 income for taxes! Pay taxes quarterly also to avoid interest penalties from the IRS.

[@lscorpiusl605]

Just open up an LLC and run all of your income through the LLC

[@srikanthmaganty524]

I really appreciate your channel and the valuable insights you provide on various govt situations that personally helped me to stay ahead..❤

[@Shanoobpp]

The video is very informative, well made, and easy to follow for anyone.

[@rolandorivera5469]

Thank you Brian love ur videos.

[@AndrewM83]

Protect this guy with all costs! We all need Brian!

[@joannafull3727]

Thank you for sharing your knowledge Brian. I am truly grateful to you. 👍🙏

[@hwasookyung]

Tax loss harvesting has a limit. It was 3k in 2021. Lost about 20k, but was only able to deduct 3k. The limit might be a bit higher now.

[@tonywong8134]

You can carry it over the next three years I believe. So you can claim another three grand next tax year. EDIT: According to intuit, you can do this indefinitely until your losses are used up

[@Ageleo]

Do you need to do anything special to carry over the losses forward?

[@tonywong8134]

@@Ageleo No. Also, see the edit. You can do this until your losses are used up.

[@Ageleo]

@@tonywong8134 So when I do my taxes, it should just automatically carry over then? Got it, thanks you. I'm down about 10k this year. Too bad it's gonna take 4 years to get all of that back.

[@tonywong8134]

@@Ageleo No, it does not automatically carry over. You need to do the 3000 max every year. So this year it will be 3k, 2024 it will be 3k, 2025 it will be 3k, and 2026 it will be 1k. Assuming you don't have any realized capital gains. There is an IRS form you will need to fill out when you carry it over next year.

[@kdefensemartialarts8097]

Thank you for your videos.

[@gabunir]

This is actually really good advice. Good refresher for people too. Great video.

[@WheresTheM3tal]

Just check the “exempt” box when filling out your w-4 🤷🏻‍♂️😉

[@rosebloom2518]

Happy Monday Brian!!! Have a great day!🌺☀️

[@clearvaluetax9382]

Thank you and I wish you a great day as well!

[@deborahaichele8829]

We need a flat tax. Right now the tax laws are insane.

[@matthewtaylor6564]

As my father, once told me make as much money as you can, because most can’t and then worry about the taxes later

[@franciscoflores9915]

Keep up the great content, very much appreciated Brian!

[@nikc.4113]

Brian I absolutely lovvveeee this channel! Thank you for sharing all of your knowledge and wisdom with us. May GOD continue to BLESS you for this!

[@rachelledalomb5]

You explain things so well! Thank you so much for all the info!

[@carmenrojas4469]

I love your videos, so glad I came across them. Thank you so much for the knowledge.

[@l.ls.8890]

I definitely loved getting this information today as it refreshed my memory on some things that I do not use but have friends that do.

[@Biochem1921]

Thank you very much Brian for taking the time and making this very important video.

[@cyclingxventures]

I'm a tax accountant, and I come to you, Brian, for my goodies :D thank you!!!

[@GenesisZeroTechnology]

Just made my 529 savings plan. Thanks Brian! I appreciate your hardwork!

[@clearvaluetax9382]

Congrats Genesis 0 Tech!

[@andreafuenzalida9766]

Thank you Brian for your great advice!

[@Crazyitalian1995]

Hey Brian, nice to see you again

[@clearvaluetax9382]

It’s always great to see you!

[@mauricescott4675]

Great job for the ones don't know about this help is always needed and your good at that

[@arthurtam9714]

That's why we love you so much Brian! Thanks for all the reminders for us!

[@chhe5433]

This conent is invaluable!

[@kennethchow3996]

Happy Holidays, Brian! Thank you for your wonderful advice. I always used the pre tax commuter benefit and fsa to reduce taxes.

[@jojoc5575]

Thank you Brian! I learn alot from you and i Appreciate all your videos.

[@samirsolis5613]

Thank you for sharing Brian

[@peterlee244]

Crystal clear Thank you for sharing useful information

[@lydiah7184]

Great video, thanks! You’re reminding me to purchase things I need for my small business NOW.

[@luciid9072]

These videos are always appreciated. Thank you for all you do!

[@MerakiEleven]

I’m in such a hard spot when it comes to maximizing tax benefits. I’m single, no kids, make 170k and can’t take advantage of any tax benefits because I make too much - not even deductions for student loan interest. They already take out so much in taxes, very annoying.

[@Dumbluck14]

Extremely annoying. And I am personally sick of it.

[@aNotoriousNerd]

I’ve thought of that too. However maximizing on tax deductions doesn’t nearly come close to the liability costs of having children.

[@wadej769]

Def max out your 401K or retirement plan. Got mine at 25% of gross now given it is pre-tax. Better then giving that money to U Sam

[@brandon8531]

Don’t complain. Most people would love to be making $170k.

[@Lovepinkdress]

Same here and this is not enough to live in NY😢

[@BiggL13]

Wesley Snipes gave me some good advice years ago. I'm sticking with that. This seems sketchy.

[@truegrizzlesfan2292]

😂😂😂😂 however, you going to be in jail in no time 😅

[@johnzeegler8641]

Lol 😂

[@loopba]

Biden also

[@jeffcurrie123]

Martha Stewart is my go to

[@kmoliere504]

😂

[@comicbookmoney3286]

more of these tax shelter vids please, thanks for the good stuff

[@SithLordmatthew]

I just did the end of the year expenses big time bought another major lawn mower last week to replace the older one in my fleet. 22,000 off my business income to go with the 23,000 for its sister mower we bought this spring . Add in some replacement 2 cycle equipment and I have close to 50k in new purchase write offs this year.

[@MT_454]

Thanks Brian!

[@clearvaluetax9382]

Happy Monday!

[@donnamadril1938]

My Hero 🙏🏼

[@TheArtOfDean]

Thank you for the tips.

[@mauris01181012]

Really needed this!! Thank you!!!

[@stephenrogers4537]

Good afternoon Brian what you got for me today, BROTHER! BRIAN THE PODCAST🦁 LION (the Walter Cronkite of podcasts 🏆)

[@SreenathV]

Very clear and crisp. Awesome video

[@natalieyt1851]

Don't forget about the new energy credits

[@cuajil]

Thanks for the video! I really like the new illustrations you’re adding too.

[@marlynbannister7048]

Thanks for all your insight

[@Mickell45]

This channel is fantastic

[@Jdown23]

Thank you!

[@NativePpl]

Breaks for the little guy (as applicable) 👍🏼

[@mannypaulin6604]

Thank you

[@floraandfaunab8855]

Wow, five star content. Thank you so much.

[@MichaelPilit]

YOU ARETHE ONE "Clear value Tax" WHO ALWAYS TELLING US THE ACCURATE INFO AND THE LATEST INEWS!!!!!! YOU DESERVED TO HAVE ALMOST TWO MILLION SUBSCRIBERS!!!!!!!!!!

[@a13xl]

I really liked the illustrations. Very visual for me. Thank u for this video.

[@CaptainT1989]

This is real game. Thank you Brian.

[@reedmusic]

I love this new format. Thanks!

[@jerelrobinson3762]

Thak you for this ma!

[@zulemaalamo4863]

Excellent advise thank you for sharing your knowledge with us Brian

[@fuyu5979]

Awesome helpful n informative vid. Especially ur step by step explainations. Kudos. Anticipating ur next one. Peace

[@walterpfeffer5538]

Thanks again! Always saving us money!

[@missbttrsctch]

GREAT information, thank you!!

[@phul4619]

Love the slides. Very useful. If you can do slides with your future videos too that would be great! Thank you for all that you do!

[@zinzayzinzay3085]

Good video 👍

[@lorenaresendez9676]

Thank you. Merry Christmas and happy new year. 🎉🍷

[@RGamerVideosYay]

Summary: #1: 0% Tax Rate on Long Term Investments #2: Tax Loss Harvesting (Capital Loss Offest) #3: Roth Conversions #4: 529 Plan (Education Investment Account) #5: HSA Contributions #6: Timing Your Expenses

[@trangh8707]

Thank you so much for the info. Greatly appreciated ❤❤❤❤❤

[@cafelate9515]

Thanks for this education

[@FireManTTSOM]

Thank you, always good information.

[@cynthiaontiveros9401]

Thank you GOD ❤ BLESS 🕊

[@Test8672]

IRS has entered the chat

[@clearvaluetax9382]

😂

[@Kcorey]

It’s so great video… I was looking for… Taxes are really headaches every year for us. Thank you ❤

[@jacobawojtowicz]

But Welfare Queen Israel needs your billions.

[@MichaelPilit]

YOU ARETHE ONE "Clear value Tax" WHO ALWAYS TELLING US THE ACCURATE INFO AND THE LATEST INEWS!!!!!! YOU DESERVED TO HAVE ALMOST TWO MILLION SUBSCRIBERS!!!!!!!!!!

[@angilatorres1068]

This definitely doesn’t include me I don’t even make enough to invest

[@QCumber57]

Great advice

[@bowedpsaltery]

Thank you so much - we love you!

[@rodelynpitcher7867]

Thanks again Brian! Very informative. :)

[@OvernightSuccess721]

Hey thanks for this video and the YT algorithm for putting it in front of me. I found about $5500 I was going to have to spend in early 2024, but moved up the schedule to get the reduction to my tax liability. Best part is I have 90 payment terms from where I paid it, so I should have my tax return efiled and direct deposited by the time the payment is due. I’ll take the small win. Thanks.

[@foxxrider250r]

How much do you make, where you need to spend 5k to actually pay less? Genuinely curious

[@303topgun]

thanks for sharing information. Lot of cpa wont even tell you all the things this video did. The slides and animation helped as i have adhd and would have lost focus.

[@sponkmcdonk3898]

You do pay taxes on Roth on the gains if you take the money out before retirement The capital losses from stock are limited to $3,000 on your personal income

[@ilonakim5034]

Bravo! Thank you for sharing !

[@raybeattie985]

I like this format..thanks

[@qdood]

Thanks

[@cookieknife37]

🎉

[@clearvaluetax9382]

Thank you for getting here 1st qdood!

[@suer3818]

Merry Christmas!!🎄🎁🙏🏻

[@frederickndam3953]

Thanks for the content.

[@ybrothersunited4223]

Brian is the best

[@mysticoraclemary]

thx. I shard this. awesome job @ClearValue Tax

[@MrAlvaradodan]

Very well done. Thank you

[@MrBlister808]

"The Great Taking" by David Rogers Webb book and documentary by the same name give an interesting take of why the financial system is currently imploding, and why you will soon own nothing (and probably not be happy.)

[@arelismargarito5283]

Great information Brian! 💴Thank you for sharing 😇🙋🏻‍♀️👍🏼

[@shutrucknahunte2843]

You cannot state that Roth proceeds will never be taxed again. The government's appetite for spending (and hence taxation) is insatiable. Once it wants your money bad enough, they will simply change the rules.

[@IQPHILOSOPHY]

Will definitely recommend anyone this channel for financial help❤

[@charliehoss1614]

Brian is for the people