@jamesbakercpa: If you're living abroad (like a Canadian in Bali 🌴), here's how you can trade and make millions in the U.S. without paying income taxes 🤑 1️⃣ Open an LLC or brokerage account. 2️⃣ File a W-8BEN form with your brokerage to confirm you're a foreign person. 3️⃣ Understand that dividends are taxed (withheld at the treaty rate or 30%), but capital gains are tax-free for non-residents! 📈 ⚠️ Pro tip: Watch out for estate taxes if your account exceeds $60K. Proper structuring can protect your family from hefty fees if anything happens. 👉🏼 Need help setting this up? DM me, and I’ll guide you to maximize your income and stay compliant! 📝 #taxes #internationaltax #cpa #accountant #taxconsultant #IRS #llc #llcusa #business #savemoney #taxseason #capitalgains

Jim Baker

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Region: IT

Wednesday 05 March 2025 17:51:22 GMT