Ep 161 - How to Legally Pay ZERO Income Tax

Do you want to pay no or very little tax? US tax attorney Stewart Patton helps US citizens who live or invest outside the United States understand and optimize their tax situations. Several of his students easily save $25,000 or more in tax, every single year. During the show, Stewart will give the steps to actually create the proper legal structure for your situation.

​Listen to episode 161 on iTunes, or your favorite podcast app on your phone.
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​Episode 161 Show Notes

Links:
Dropshiplab.com/tax - Stewart's Course
@US_Tax_Services


Book:
7 day Start Up – Dan Norris


Discussed:
How To Legally Move to Texas and Save $10,000 a year on Taxes
Trip Streak - Smarter Travel Search
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Time Stamps:
03:01 – What is a tax attorney?
05:51 – Average taxes paid in California
07:22 – Foreign earned income exclusion
10:45 – Moving the business to Texas
18:22 – Starting an LLC in Wyoming
22:00 – Benefits of self-employment tax
26:50 – Paying into social security
28:36 – Setting up a non-US company
38:20 – Incorrectly filing taxes
41:42 – Offshore legal structures
43:05 – Holding a business in non-US corporation
46:30 – Profession vs. a business
50:57 – US based employees
54:17 – Choosing a country to operate in
1:06:13 – When should you apply this structure


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