[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Mr NQDC [@MrNQDC](/creator/twitter/MrNQDC) on x 1171 followers Created: 2025-07-23 16:16:10 UTC Congrats on the new client, Chad! For anybody earning (or gunning for) $1M–$10M business income …. the latest episode of The Long Game podcast may be the most valuable XX mins of tax planning you’ll get all year @TheTaxNomad didn’t just talk strategy - - he & @TKopelman gave away the kind of tax alpha most pros hide behind a paywall Pro tip: bring your notebook Then take their tips & challenge your CPA & financial planner with these powerful tax plays: → Entity selection for business owners: Choosing between sole prop, S-Corp, partnership, or C-Corp can mean a $200K+ swing in taxes → Pass-Through Entity Tax election: W-2 earners are capped at a $10–$40K SALT deduction but business owners who elect PTET right can deduct ALL their state taxes …massive in NY, CA & other high tax states → Qualified Business Income deduction: XX% of net business income…phases out at higher incomes but smart use of deductions & deferrals can keep you in the zone → Retirement plans: Sock away up to $70K/year in a 401(k)…pre-tax, mega backdoor Roth or a combo of both → Hire your spouse: Solo 401(k) lets you shelter up to $140K/year (husband + wife) while a Cash Balance plan can add another $200K–$300K in pre-tax savings → Short-term rentals: Can deduct significant tax losses on an Airbnb against W-2 or K1 active income ...if the average stay is ≤7 days, no personal use and you meet material participation & other requirements of §469(c)(2) → Buy the building your business uses: Large tax write-offs against business income  XXXXX engagements  **Related Topics** [10m](/topic/10m) [1m](/topic/1m) [pros](/topic/pros) [tax bracket](/topic/tax-bracket) [$10m](/topic/$10m) [$1m](/topic/$1m) [chad](/topic/chad) [Post Link](https://x.com/MrNQDC/status/1948054542974652776)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Mr NQDC @MrNQDC on x 1171 followers
Created: 2025-07-23 16:16:10 UTC
Congrats on the new client, Chad!
For anybody earning (or gunning for) $1M–$10M business income
…. the latest episode of The Long Game podcast may be the most valuable XX mins of tax planning you’ll get all year
@TheTaxNomad didn’t just talk strategy - - he & @TKopelman gave away the kind of tax alpha most pros hide behind a paywall
Pro tip: bring your notebook
Then take their tips & challenge your CPA & financial planner with these powerful tax plays:
→ Entity selection for business owners: Choosing between sole prop, S-Corp, partnership, or C-Corp can mean a $200K+ swing in taxes
→ Pass-Through Entity Tax election: W-2 earners are capped at a $10–$40K SALT deduction but business owners who elect PTET right can deduct ALL their state taxes …massive in NY, CA & other high tax states
→ Qualified Business Income deduction: XX% of net business income…phases out at higher incomes but smart use of deductions & deferrals can keep you in the zone
→ Retirement plans: Sock away up to $70K/year in a 401(k)…pre-tax, mega backdoor Roth or a combo of both
→ Hire your spouse: Solo 401(k) lets you shelter up to $140K/year (husband + wife) while a Cash Balance plan can add another $200K–$300K in pre-tax savings
→ Short-term rentals: Can deduct significant tax losses on an Airbnb against W-2 or K1 active income ...if the average stay is ≤7 days, no personal use and you meet material participation & other requirements of §469(c)(2)
→ Buy the building your business uses:
Large tax write-offs against business income
XXXXX engagements
