How does Alex Morgan spend money to make more money?
These are the 5 topics I share with you in this publication:
1- How Tom Cruise faces the Impossible Mission of taxes
2 - How does Alex Morgan spend money to make more money?
3 - How does Robert Downey Jr. generate explosive investments?
4 - How Mike Bloomberg conquers the world of investments?
5 - Tax process and why you may have received a letter from the IRS.
1- How Tom Cruise faces the Impossible Mission of taxes
Tom Cruise, an actor and producer considered one of the greatest stars in Hollywood history and one of the highest-paid and wealthiest celebrities in the world. His movies have grossed over $11.5 billion worldwide, reaching the billion-dollar mark by the end of June 2022, thanks to "Top Gun: Maverick," which earned $1.5 billion at the box office.
Net Worth: $600 million
To make progress on your tax reduction journey, it is necessary to make the decision to belong to that privileged group that maximizes the tax law, I'm referring to entrepreneurs and investors.
Your first step is to invest in financial education. Remember that without it, you would be walking blindly and it would be difficult to focus on the goal of growing your income.
Start small and set an action plan for your education. Take courses in investments and entrepreneurship related to your field, and soon you will see that the mission that seemed impossible begins to become a reality.
2 - How does Alex Morgan spend money to make more money?
Alexandra Patricia Morgan, a professional soccer player and writer from the United States. She plays as a forward for San Diego Wave in the National Women's Soccer League and is also co-captain of the United States national team.
Annual Salary: $450,000
If you want to expand your possibilities for deducting expenses, the best option is to start your own business. Most likely, you have a lot of skills that you can leverage and that would allow you to become an entrepreneur. Make the most of them!
Start on a small scale, but think big, making sure you only spend money to make even more money. Invest only in things that will grow your business and are genuinely necessary. Remember, when your expenses are necessary... they are also deductible!
3 - How does Robert Downey Jr. generate explosive investments?
Robert Downey Jr., an actor, producer, and singer. He is primarily known for his role as Iron Man in the Marvel franchise of the same name. This role made him one of the highest-paid actors in Hollywood history.
Net Worth: $300 million
To be an above-average taxpayer, not only do you have the option of becoming an entrepreneur. Investors can also enjoy the great benefits of the tax code.
But wait!
If this is the option you choose, it's important to become an active investor. For this, you need to focus on investments with good cash flow.
You must carefully research and study the options the market offers. Just like becoming an entrepreneur, it all starts with your financial education!
4 - How Mike Bloomberg conquers the world of investments?
Michael Bloomberg, an American businessman, politician, philanthropist, and author. He is the majority owner, co-founder, and CEO of Bloomberg L.P., a financial information, software, and media company known for its Bloomberg Terminal. As of 2023, Forbes ranked him as the seventh richest person in the world.
Net Worth: $94.5 billion
If you want to become an active investor, the first step is to discover what type of investments you want to make. It is essential to learn about investments, real estate, and stocks.
Also, it's important to seek advice from experts in the field who can provide you with good investment advice.
You don't need large amounts of money and time; start with some small investments that will give you the experience to continue advancing towards your goal of becoming a super investor!
5 - Tax process and why you may have received a letter from the IRS.
Understanding the tax process and why you may have received a letter from the IRS is essential to ensure compliance with the law. Tax laws can be complex and difficult to understand, so it's important to take the time to research and comprehend them.
Receiving a letter from the IRS can be intimidating, but it's important to remember that it doesn't necessarily mean you've done something wrong. It could simply be a request for additional information or clarification about an existing filing.
It's crucial to read the letters carefully as they may contain instructions on how to proceed or deadlines that must be met. Taking the time to understand your tax obligations can help you avoid costly errors, fines, or other consequences in the future.
Did you know you can pay 0 taxes in the U.S. with 30 days of free accounting?
Let’s pay 0 taxes!
Antonio Coa, CPA
Tax Specialist &
Accredited Investor
Antonio Coa, LLC
Whatsapp: (561) 814-4558
Antonio@AntonioCoa.com
www.AntonioCoa.com
www.instagram.com/antoniocoacpa/