In this episode, Dr. Preston Cherry explains how to take advantage of the new rules that could save you 20% on qualified income every year and unlock up to $10 million in tax-free gains when you sell or exit your business. From avoiding costly timing mistakes to structuring smart early, Dr. Cherry breaks down what it really means to build a tax-smart runway.
Takeaways:
• 20% income deduction
• $10M+ capital gains = 0% tax
• QBI = annual savings
• QSBS = tax-free exit
• Timing = everything
00:00 Intro
01:00 Tax Strategies Simplified
04:51 Optimizing QBI and QSBS Strategies
06:23 Empower Your Growth Journey
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https://www.concurrentfp.com/
Read Wealth In The Key of Life by Dr. Preston Cherry:
https://drprestoncherry.com/book/
Disclosure: Educational content only. Not financial advice. https://www.concurrentfp.com/disclosures/
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