How to Pay ZERO TAXES to The IRS: Tax Loopholes You Can Use!

[@clearvaluetax9382]

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[@JesusRodriguez-ru3ui]

How can I have you do my business taxes? I tried searching you up on google but it has no number or website for clear value tax

[@JesusRodriguez-ru3ui]

@clearvaluetax9382

[@MegaCyberleader]

how would i use 160 acres in alaska "virgin land" that was granted to me to make money? got any ideas?

[@Youngbl33zy]

Step #1 straight to jail

[@tinypanther3320]

How about abolish the irs already 😑

[@CallMePreet]

Thanks for this. I retired at 39 and live off of long-term capital gains only. I pay no taxes. Love it.

[@SANJAY-un3pc]

Stocks?

[@MC-kl5mp]

liar

[@waterbug1135]

I retired 22 years ago at 45 and funded retirement by slow flipping houses. Working on house #4 now in Central Phoenix. Pretty cool I'm not even required to file tax forms and haven't in years. Because of low reportable income I get free healthcare, smartphone and recently home internet from Uncle Sam. Not paying taxes is cool but I've gotten about $75k worth of benefits from Uncle Same too so that's the cherry on top.

[@waterbug1135]

@@MC-kl5mp Cool to not believe. I did it too so I guess I'm a liar too. I did it slow flipping houses, #2 in the video. It's not even hard to do. I started back before KZbin even existed. It's not rocket science. Retired 22 years ago at 45 doing this. Working on house #4, planning to sell 2025 and move to SE Asia. At that point I'll take SS probably at 70 and will have to go back to filing taxes again.

[@MC-kl5mp]

@@waterbug1135 liar

[@alphabeta8403]

3:58 Tax free capital gains 6:00 Roth IRA 7:00 Depreciation tax write offs 9:20 Eliminate SS and Medicare taxes 11:35 States with 0 income tax

[@fda-01524]

thanks for the key points man.

[@LocoCocoJorge]

Brian, when you think it can't get any better, you're just getting better and better! Your honest take on economic issues, as well as foreign affairs ones, are absolutely first class! Happy New Year!

[@ampm8210]

This youtube channel shouldbe thoroughly studied and analyzed in every school. Been watching fir 2+years.

[@clearvaluetax9382]

Thank you for all the support ampm8210! I appreciate it so much!

[@becraftcorey]

you always bring so much value man. I greatly appreciate all your tax information that you are giving for free, you're killing it man.

[@clearvaluetax9382]

It's my pleasure and I'm happy to share! Thank you for all the support becraftcorey!

[@DavidYazdy-mz4qg]

“This video is not for billionaires” Me: *checks pocket* “okay im good”

[@saurabhabhishek5203]

This is KZbin gold. Crisp and informative as usual. Thank you!

[@diymike]

Wow love this new format, the Text makes it so easy to follow along, thank you!

[@clearvaluetax9382]

Thank you for that feedback and all the support Mike!

[@jonmoore907]

You can also use an HSA account like an IRA. There’s no penalty if you take money out when you’re 65 or older for any reason, but you’d have to pay taxes on any money not used for medical purposes.

[@DIOROMME]

Smart😉😉

[@simon359]

You’ve definitely become one of my favorite channels! 🤙

[@clearvaluetax9382]

Thank you Simon for all the support!

[@ricktheexplorer]

My Father was an Accountant. He would be very proud of you.

[@clearvaluetax9382]

Thank you for those kind words Rick. I appreciate the support so much!

[@sevyusevs2008]

you're one of the no bullshit channels. Very cool, I would like to learn more about 529 Plans if you get the chance, thank you

[@inmate0054]

How about pay no taxes if you make less than 150k

[@clearvaluetax9382]

This video should help👍🏻

[@Zahra_95-Abd]

Exactly!

[@bemusedlist9242]

Tax evasion exists bro just simply dont pay them i pay them and never get my fed back love that when i mess up its prison but when they mess up we cant show them gods wraith

[@masonloomis5879]

Great idea

[@terosma]

Max 401k, max HSA, make 3 kids being married and zero on income tax in non income tax state

[@libertyblueskyes2564]

The best way to avoid taxes is to make no money

[@yordanosmebrahtu]

Wow, I wish I knew you two years ago! I was misinformed on capital gain on selling my home and the current one I just bought a year ago! I am learning a lot from all of your videos. God bless you for educating people like me.

[@rosebloom2518]

Happy Tuesday day Brian!!! Have a splendid day! Happy New Year!🎉☀️🌺

[@clearvaluetax9382]

Happy New Year Rose Bloom!

[@fastrambo97]

Thanks for the info Brian! I'm studying for the CPA exam and everything you're saying is true and accurate and actually works! 💪

[@clearvaluetax9382]

Best wishes on the CPA exam Fast Rambo! I'm rooting for you! Let me know how it goes!

[@fastrambo97]

@@clearvaluetax9382 Thanks Brian! I appreciate it! I passed REG with an 87! So I'm moving on to BEC TCP next! I'll let you know when I pass everything though! 💪

[@dr.michaellittle5611]

Another one for any US citizen living abroad and earning income abroad is the FEIE, which excludes $126k per person working from federal income taxes.

[@maverick_trail]

I used to itemize my deductions and really cut down my tax obligation... that was until the IRS raised the standard deduction a few years ago and my deductions always come up just short now.

[@larryjones9773]

You may be happy on 1/1/26.

[@nakoma5]

@@HOLDXSTEEL On the other hand the Standard Deduction is helpfully high for those with low income and those who never itemized anyways which were most filers. So I agree, thank you Trump.

[@drummr8]

I'm confused... Are you complaining that your taxes are easier to do now? And you're still getting the same deduction or better for less work

[@jameskilrain38]

Yes,and that does not really encourage persons to donate to worthwhile causes,which is sad.

[@yassinelam8269]

This is gold🔥please keep em coming. Thank you 🙏

[@clearvaluetax9382]

Thank you for all the support yassinelam!

[@utkbyuca89]

Thanks Brian for providing us with such valuable information !

[@terriannwilson7882]

Happy New Year Brian! Thank you for all your hard work. It is appreciated.

[@clearvaluetax9382]

Happy New Year Terriann!

[@PP-wh1wy]

Basically put the money where you can’t touch for few years to get rid of taxes. Gov is smart, trying to collect the cash flow in return they’re saying we don’t charge you on your own money.

[@nealscott9666]

High-quality presentation! Thank you!

[@clearvaluetax9382]

Thank you for the feedback and support Neal!

[@rocio8820]

Thank you for all your hard work and top notch information ! Saludos desde Utah .

[@clearvaluetax9382]

Te deseo un feliz año nuevo Rocio!

[@TenMinusNine]

Quick and concise information that's direct and extremely informative. I love this channel.

[@clearvaluetax9382]

I appreciate that and thank you for all the support!

[@hellkat1738]

I would like to know if Trump is blowing smoke about removing Federal income Tax.

[@Omer1996E.C]

He is, probably. Cuz federal income tax is literally 45% of all federal tax revenues, so the government will go bankrupt if he did it. Probably, if he want to destroy the USA, he will

[@craigt2003]

First time watching any of this guys vids and subscribed immediately after...i love how this guy explains the loopholes nice and clear and gives examples for each loophole (especially useful for idiots like me) lol

[@insidethebnb]

We love you, Brian!

[@clearvaluetax9382]

Thank you for all the love and support, I wish you a Happy New Year!

[@chubbs5006]

thanks man, may have been the best 15 minutes I spent all year

[@77Joseph777]

😉 “legally” JK, appreciate all your advice that’s worth more than gold. Happy New Year 🎉

[@clearvaluetax9382]

Happy New Year Joseph!

[@ZergyNaggafin]

That was really great information. Thanks for providing this! I always love keeping more of my own money. I believe I can spend it far better than the government ever could.

[@kevinl20082008]

Effective January 1, 2022, Washington now has new capital gains tax of 7% tax on an individual’s long-term capital gains. Thanks to Dems and Jay.

[@nomoreserfs]

Thank you Brian! Taxation is theft and thank you so much for finding legal ways to avoid the extortion.

[@qs-ec]

My second scenario is very similar to the first one "You purchase the stocks but you do not sell them after the first year and in year two you find out you're getting a raise should you sell the stocks before you get your raise or will you still be disqualified because you will have to wait until the next year to file your taxes and at that point it will show that you're above the allowable income for the tax break." ❤ thank you in advance for your response 😊

[@kaylathompson4096]

Great video and loved the format!

[@clearvaluetax9382]

Thank you for the feedback and support Kayla!

[@ryersongorman5237]

It is true, these states don’t have income taxes; but they have higher taxes in property taxes. Tennessee don’t have regular income taxes, but it does have capital gains taxes.

[@hmchomes8691]

For your #2 case, To my knowledge, an update to the tax code applies to properties acquired after 2009. Specifically, the 121 exclusion shrinks according to how many years you rented out the property versus treating it as your primary residence. So in your example, you only have 40% of your profit tax free. Am I missing anything?

[@gqarmani2010]

This is my understanding as well. Only 40% of the $250k exclusion is eligible (ie $100k of the gain is tax free). Seller will have to pay long term capital gains tax on the remaining $200k of the total gain. This video really should be corrected…

[@teedtad2534]

Great tips! .✅✅✅✅✅

[@LM-px1eo]

Very well put. Clear & to the point! 👏

[@tonydouglas863]

Excellent information. Thanks so much ! 👍🏽

[@clearvaluetax9382]

Thank you for all the support Tony!

[@rickrourke7199]

Brian great video, but in the depreciation write off. Please note that when you sell the property you have to pay tax on all that depreciation you wrote off. Patrick

[@clearvaluetax9382]

Hi Patrick, that’s correct but that’s typically avoided with the like-kind exchange though.

[@IBVazquez]

Pure gold. Thank you!

[@bolo34lx]

Be careful with the states that do not have income taxes. They have high sales and local taxes to make up for the lack of state level taxes which is more regressive and hurts the average people more. These states gave an effective state taxes higher than California: New Hampshire, South Dakota, Tennessee, Texas, and Washington.

[@roseb9593]

Thank you so much for this information. You are clear, speak in lay terms and make complicated issues easier to understand. I am following you.

[@siddkoshpp525]

This is one greatest video from you and with all good diagrams

[@clearvaluetax9382]

Yes, I was excited to post this one because of the visual assistance.

[@eternalresolute8960]

Bro these visual illustrations are unreal!

[@irmay.2766]

This video is very interesting and helpful. I am going to investigate more about the ways to pay less taxes. Thank you so much.😊

[@sidekick09]

Can you talk more about the new 8300 irs form? I’m confused about it and I really appreciate how you explain things. Thanks for the info

[@labjujube]

Can you please cover more details on the side hustle part? Thank you!

[@Whydidyouusemyname]

Income tax-less states have other costs that skyrocket. Look at Claremont NH and property tax. Houses are hella cheap, it you pay 2-3x tax.

[@amanijohnmaberi111]

Greag video. Please kindly share the knowledge on the new crypto tax law that started Jan 1st of 10k and above dollars

[@Mydataworldranking]

Thanks for the great value. S corp doesn't qualify for section 1202?

[@jamescrenshaw5097]

No, C Corp only

[@FutureLaugh]

I love you brother, you are doing the lords work. thank you for your service

[@rolandorivera5469]

Love all the information thanks Brian

[@clearvaluetax9382]

Thank you for all the support Rolando!

[@AL4E24]

Great info as as always👍

[@clearvaluetax9382]

Thank you for that feedback and all the support FreeSoul! I appreciate it very much!

[@AL4E24]

@@clearvaluetax9382 😄

[@orhbo0]

How about a video about the origins of the income tax & whether it’s legal or not? People say different things. What do you think? This entire industry is built on people needing to pay taxes beyond just regular sales tax. Why do people need to waste their time & money to hire tax consultants & file paperwork, when we can have a simple method of taxation such as a sales tax %. Then we ALWAYS know how much we can spend or not & can budget better.

[@dailypearls]

Thank you! I like that you were straight to the point and I learned so much from this short video Great information!

[@kdefensemartialarts8097]

Thank you for your videos.

[@clearvaluetax9382]

Thank you for all the support K Defense!

[@Ch3rishtheday]

The IRS keeps saying my husband owes the irs of back child support, the ‘kids’ are now 26 and for 11 years I apply for injured spouse and get nothing back for my children. I need advise on how to work around this.

[@TheOriginalDiscoPimp]

Always appreciate your videos and info, brother. thank you.

[@onehitpick9758]

Some of those zero tax states have crazy power blackouts and massive charges for power when it's needed most. I don't think Tennessee is in this category, but please correct me if wrong.

[@scottcoleman5088]

Every individual should choose if they want to pay taxes or not. It's called sales tax excise tax.

[@abejebelay8930]

Thank you for your valuable information. You are the best!!

[@ksad10]

wow very interesting information explained very smoothly.. thank you, you are the best ❤

[@MrKHAILEE]

I made less than 100 grands last year but paid over 15 grands

[@shan4078]

Very informative , thank you Brian

[@clearvaluetax9382]

Thank you for all the support Shan!

[@jnikz]

clarification on roth ira, person has to be 59 1/2 years old in order to withdraw tax free

[@kylecheung1254]

How to get HSA if I have already health insurance through work and covering for the whole family. Can I get HSA on top of it?

[@stevec9669]

You are surely an expert. 💯👍

[@ignent2]

Awesome video! I didn’t know about some of these. Texas has no state income tax, but where they will get you is the property tax 😂

[@DsObal]

Property taxes have changed in Texas. 2023

[@JC-Finance]

Great info but for 529 Plans you have to invest it in mutual funds and nothing else.

[@jonsmith9728]

happy new year Brian from a fellow Chicagoan, thanks for all the content (i noticed your close to that 2m sub mark too, keep going)

[@clearvaluetax9382]

It’s been a warm winter here in Chicago!

[@PhilFamolaro]

Great tax savings info. Thank you very much.

[@bossmoss5301]

APPRECIATE THE KNOWLEDGE ❗❗❗

[@espi3324]

I like the 529 plans but the investment options are complete garbage. They (investment companies) don't really give you many flexible options.

[@Daniel-te9eo]

Ty you're the best.

[@vdasbudget]

Thank you Brian for this helpful information.

[@clearvaluetax9382]

I appreciate the support! Thank you so much!

[@Koushi82]

remove income tax and instead tax land value ideally but even property tax is better than income tax.

[@rifare4045]

Had to stop after 10 seconds. I’ll catch the next video!

[@midiman5045]

Great Tips, Thanks as always for the info.

[@ski3567]

Thr comp. i worked for HSA said if you don't use the money you put in YOU LOSE IT! IT was not accrual able. I know because i lost hundreds of dollars.

[@meganm2909]

That sounds like an FSA. Money leftover in FSA's are lost at the end of the year. HSA's accrue year to year and you can keep it even if you leave the company sponsoring it.

[@revenant6910]

Crystal clear !Thanks

[@tritosac]

In your example of long term gains when a single person is selling a home the first $250K in gain is tax free but if that individual also makes less than $60K income the remaining $50K is also tax free.

[@sammyjones2180]

How about the short gains though? It just stays the same?

[@sergiosantana4658]

100% long term gains get stacked in top of the primary homeowners exemption.

[@kevincrosby1917]

Excellent! Thank you.

[@edwinrosales6322]

Great video, as always! Thank you!

[@shanalareina4320]

Happy New Year 2024, Brian! Hope itʻs a prosperous one for you. Stay healthy! 😎

[@clearvaluetax9382]

Happy New Year La Reina!

[@MikeVenom-mini]

I'm #6 accept i tried private label and spent about 6k. I didn't give up i got shot down

[@HawkishDove]

Brian, I can only find married filing jointly for 0% on long term capital gains tax - max $89,250, not $120,000. Could you please share where you saw $120,000?

[@jaredyp]

Need to include the standard deduction for married filing joint (which is about $30k).

[@clearvaluetax9382]

Hi Ryan, yes, I am including the standard deduction (as mentioned in the video). Most people would not understand "$89,250 of taxable income". So it's easier to say "if you make $120,000". I hope that helps to clarify!

[@DsObal]

Thank you for your very valuable information. I appreciate 🙏 you

[@FulghumCraft]

Participation in tax program is voluntary. -see: 26CFR601.602(a) Wage tax is only for federal employees, not man and woman.-see: 26 USC3401(c) Any wage tax withheld is to be credited back to earner/payer. -see: 26 USC31(a) After realizing wage tax withholding (W4) is NOT required to above conditions, election to exempt from W4 withholding program is voluntary. -see: 26 USC3402(f)2

[@danielandrassy407]

Thanks for the video brother BK

[@tannerhoke]

Will you make a more detailed tutorial on making these write offs on the side hustles?

[@clearvaluetax9382]

Yes, I would love to make that video soon!

[@adammack5551]

Hello Brian Kim how are you doing today sir I'm good 😊, Happy 😊 new 🆕 year 🎊.

[@clearvaluetax9382]

Happy New Year Adam!

[@johnstouchpad6437]

529 plans also can be usef for retirement if they been open for more than 15yrs, this is new starting in 2024.

[@josefelix5047]

Is this tax free business sale to promote private equity firms buying small businesses? Which in the end results in huge corporations, owning most of the businesses in the area.

[@j.m.145]

Qsbs is only for fed, California still need to pay taxes

[@jrraven3230]

Thanks Brian 😊 😊