Discover the Secrets of Tax Optimization with Sally Gimon

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Have you ever heard these tax planning myths? Myth #1: Tax planning is only for big corporations, not small businesses. Myth #2: I can handle my own tax planning; I don't need professional help. Myth #3: Tax planning is only necessary during tax season. In this episode, my guest Sally Gimon will debunk these myths and shed light on the importance of personalized tax planning sessions for business owners and individuals with 1099 income. Stay tuned to learn the truth and discover valuable strategies to optimize your tax situation.  

Keynotes 
1. Discover how utilizing trusts can offer considerable tax savings on federal levels.   
2. Understand the unique advantages of a spendthrift trust for those earning 1099 income or running a business.   
3. Learn the process of opening a new bank account and directing income through it for effective tax management.   
4. Gain insight into the value of tailor-made tax planning sessions and the intricacies involved.   
5. Hear real success stories of individuals profoundly benefiting from the proper implementation of tax planning strategies.   

The key moments in this episode are:  
00:00:00 - Introduction,   
00:01:20 - Discovering the Spendthrift Trust,   
00:03:47 - Importance of Tax Savings,   
00:08:36 - Qualifying Income for the Trust,   
00:11:15 - Transitioning to the Trust,   
00:14:13 - Building Business Credit with Trusts,   
00:15:38 - Trusts for Real Estate Investors,   
00:17:12 - Capital Gains Tax Savings,   
00:19:01 - State Taxes and Trusts,   
00:21:00 - Trusts for Medical Expenses,   
00:22:11 - Cost and Benefits of Trusts,   
00:27:43 - Introduction to Tax Breakthrough Sessions,   
00:28:12 - Providing Educational Resources,   
00:29:07 - Potential Tax Savings,   
00:29:31 - Trusts and Life Changes,   
00:29:57 - Spreading Awareness and Helping Others
 
Links 
www.TheTrustIsYou.com  
https://www.facebook.com/SallyGimon  
https://www.linkedin.com/in/sallygimon/  
https://www.instagram.com/sallygimon/  
https://twitter.com/GimonSally  
https://www.tiktok.com/@spendthrifttrust  
https://www.youtube.com/channel/UCmvBniNpH2kQI3vMGcpVjAg  

Offer 
https://thetrustisyou.com/?rf=CRmlVx1h679wSMmAPtvU 

Bio: 
Sally was motivated to become a real estate investor when her mom became sick in October 2018.  Sally was 53 and needed to make a change in her life quickly.  She has been an insurance agent for 20 years and has used her experience to make positive changes.  Now she shares her information weekly in her real estate group and Win, Win Women TV. 
 
In July 2020 she bought a Bank Owned Property for $20,000 that would go to auction for $50,000 when Covid restrictions lifted.  She knew her Capital Gains would be $7,140 and researched how the rich paid so little in taxes.  This led her to find the Business and Beneficial Spendthrift Trusts. 

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