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How My Side Hustle Made Me $1,000,000 (Tax Strategy)
Manage episode 491201195 series 2831232
How my side hustle hit $1,000,000 with ONE tax strategy I almost missed. This isn't about get-rich-quick schemes – it's about the boring, profitable move that changes everything.
The moment I realized I was leaving $30,000+ on the table every year as a former teacher turned YouTuber. Here's the exact S-Corp election strategy that shifted my entire financial future.
👉 Join our private Facebook community: https://teachingmillionaires.com/fbgroup
💰 Free Tax Playbook: https://pages.teachingmillionaires.com/tax-guide
⏱️ CHAPTERS:
00:00 The Million Dollar Realization
01:11 Meeting with My Accountant
02:14 The Fear That Held Me Back
03:16 My Son's Disney World Question
04:13 The $30,000 Wake-Up Call
05:38 Making the S-Corp Election
06:35 Crossing the Million Dollar Mark
07:54 Your Sign to Get Serious
#SCorpElection #SideHustle #MillionaireStory
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
Manage episode 491201195 series 2831232
How my side hustle hit $1,000,000 with ONE tax strategy I almost missed. This isn't about get-rich-quick schemes – it's about the boring, profitable move that changes everything.
The moment I realized I was leaving $30,000+ on the table every year as a former teacher turned YouTuber. Here's the exact S-Corp election strategy that shifted my entire financial future.
👉 Join our private Facebook community: https://teachingmillionaires.com/fbgroup
💰 Free Tax Playbook: https://pages.teachingmillionaires.com/tax-guide
⏱️ CHAPTERS:
00:00 The Million Dollar Realization
01:11 Meeting with My Accountant
02:14 The Fear That Held Me Back
03:16 My Son's Disney World Question
04:13 The $30,000 Wake-Up Call
05:38 Making the S-Corp Election
06:35 Crossing the Million Dollar Mark
07:54 Your Sign to Get Serious
#SCorpElection #SideHustle #MillionaireStory
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
Alla avsnitt
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