There is a big difference between getting good tax advice and not getting audited yet. With a trust, capital gains are taxed at the trust, beneficiary, or grantor level. They don't disappear. Don't confuse distributable net income, fiduciary accounting income, and taxable income.
My favorite story about Young Dolph was when two baristas at a Duke coffee shop were fired for playing his music in the shop. Dolph found out and flew them to the Rolling Loud Festival, brought them on stage, gave them each $20,000 dollars, and then played "Get Paid"
A legend.
The For Lovers collection is live for pre-orders. Retweets are love ❤️.
If you’re new here:
-Gender Neutral (Sorry Boosie)
-Hand crafted
-Black Owned
-Installment Payments available
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