Looks like @ledger wants to transform into the "bank of tomorrow".
If you're unsure about the consequences, read this thread to understand why. ๐งต๐๐ป
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๐ข 1/4๐งต I have a friend who's financial advisor firm is hosting a tax workshop for small businesses. Here are the details below, if you are not an established business owner, this may not be for you.
Details in the ๐งต
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In this workshop, we will discuss the following:
- Business tax reduction strategies
- The difference between an LLC and an S-corp
- How to structure your business entities in a way to maximize asset protection
- How to wisely reinvest back into your business
@economist @DomiNateTSB I was just coming in here to drop some math like this. In no world does this liability make you any money in the long run. I can give you 10,000 other things to invest in with a much higher and safer return in 3 years.
@unusual_whales How about reversing policy that allowed it be the governments checking account. If it was invested properly we would have no national debt and the strongest retirement system in the world.