“Put dividend investor where you don't have to pay taxes on those dividends every year over in those tax deferred tax-free growth accounts”
MJ
Marshall Johnson
Retire With Purpose - The Retirement Podcast ·
Frank Patilano · Ironclad Underwriting Podcast · Two Underwriters, One Deal: Why Real Estate Valuations Differ
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Switched accountants and compared tax outcomes
$350,000 paid to IRS, $40,000 additional owed, $80,000 swing in refund
“Put dividend investor where you don't have to pay taxes on those dividends every year over in those tax deferred tax-free growth accounts”
“Move somewhere between 30 and 40% of every locum payment straight into your separate account the moment it lands and call it the tax account”
“We don’t have to provide benefits, payroll taxes, etc., so $105/hr is comparable to a full-time admin salary.”
“There's always the could this have been an email… there are two reasons you have a meeting: an outcome you need or accountability.”
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