The process of legally eliminating taxes encourages entrepreneurs to work harder hence increasing productivity in their businesses. Different methods are used to eliminate taxes. They include taking the mortgage tax deduction, taking the child tax credit, and making an investment in a retirement account or fund. The methods help to minimize the total amount of income tax that a business or an individual has.
The elimination of taxes is normally done by claiming as many credits and deductions as possible. It can also be accomplished by laying out investments that contain tax advantages. Besides, the taxpayers who use the methods of eliminating taxes are able to save for their retirement and can also buy a home. Having a plan for your future through savings is a good thing.
Gun Hudson At A Glance
Gun Hudson is the Global Tax, Financial Freedom, and Investment Advisor. He is a 32-year-old guy who helps online entrepreneurs legally eliminate taxes. He also helps business people think out of the box by teaching them ways of achieving financial freedom. As we all know, the best time to enjoy life is when you are young rather than when you retire. Actually, investing your profits for your retirement will help you have financial freedom in the days to come. Therefore, Gun helps entrepreneurs to be tax-free and to move offshore.
Besides, he is an Investment Advisor to Tim Ferriss who is a blogger, public speaker, guest lecturer, and author of five books that include “The 4-Hour Workweek.” Gun is well known as “the tax-guy for ‘the new rich’. Moreover, he is obsessed with financial freedom. He also loves to explore personal development, traveling, and connecting through his businesses with people who are moving and working hard for the success of their future.
How Gun Helps Entrepreneurs Become Tax-Free
Gun helps online coaches and consultants thrive in business by showing them the benchmark of generating wealth using two vehicles. His first vehicle is known as the Business Global Tax Freedom. The second vehicle that he uses to help entrepreneurs is Satoshi Holdings which is the original bitcoin investment hedge fund. Satoshi Holdings is a Hedge Fund with some million assets under management. The tax-free Hedge Fund is registered in the Cayman Islands.
Gun knows that the elimination of taxes helps business people pay less due to the reduction of income taxes. He also knows that many taxpayers look for various ways to lower the taxable income for them to save more. Therefore, using the legitimate methods, he helps entrepreneurs claim deductions or credits and as a result generate more income. As a worker or a business person, you can claim a deduction for things like property taxes, charitable contributions, mortgage interest, and medical expenses. Also, the reduction of business expenses helps to reduce taxable income. Besides, if an entrepreneur holds investments a bit longer it enables him or her to benefit from a softer rate of capital gains tax.
How You Can Easily Save Your Income
The biggest challenge that most entrepreneurs face is having a hard time saving the income they get for future use. The main reason behind that challenge is that a large percentage of their income disappears to taxes. Besides, they end up looking for solutions or methods to help them eliminate taxes. However, some find themselves involved in illegal methods of eliminating the taxes which is very risky. Therefore, Gun is here to help online entrepreneurs legally pay fewer taxes while enjoying their financial freedom. There is a possibility that your colleagues, competitors, or mentors are enjoying the tax-free lifestyle yet you do not have the idea. So, it is the high time you escape the high taxes that hinder you from saving and developing in your business.
The Global Tax Freedom that Gun runs, is changing the lives of many entrepreneurs all over the world. Gun sees himself as a ” Global Citizen” because his passion is to reach as many entrepreneurs as he can. Besides, he became legally tax-free some years ago and has helped hundreds of consultants and online coaches speed up their financial freedom path. Moreover, he has traveled to many countries where he attends business live events as a speaker. The last event he attended was in Bali Indonesia.
If you wish to learn more about offshore tax strategy, connect with Gun on his Facebook page.