Chris Kline
๐ค SpeakerAppearances Over Time
Podcast Appearances
So it's really important, you know, if it's a great year for you, you're making a half million dollars, a million dollars, maybe not the best strategy for you.
Unless, you know, you're like, hey, I've allocated for this.
This is where I would say, you know, there's the difference between CPAs and advisors and then tax strategists.
I have all three.
My CPA wants to avoid me getting audited always.
That's his job because he thinks that if I get audited or I have to deal with letters from the IRS, he's done a bad job.
But truthfully, most wealthy folks I know, especially the high, high earners, I'm sure the same for you, they feel like if they don't get audited, then they didn't play too close.
They played their cards too close to the chest.
Like there's a balancing act with the entire tax code and none of us are professionals at it.
So using some strategy likes S-Corps, LLC, SoloCase, retirement accounts, these are all tools that they don't teach us in school, unfortunately.
You and I were talking about with our kids is like, this is not something they're coming out of high school or even college with knowledge base around there, but they do know the Pythagorean theorem.
They can tell you a squared P squared is equal C squared, right?
And I love that.
Once the numbers went away?
Oh my God, that's Isabella.
She started algebra this year and she goes, dad, what's with these letters?
Am I in English class or am I in math class?
How old is she?
She's 12.
I told her what you told me at dinner the other night.