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The IRS Doesn’t Want You To Know This (But The Rich Use It Daily)

2025-06-21 Education
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Minority Mindset
Minority Mindset
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Subscribe to Market Briefs (my daily financial newsletter) for FREE & get my investing masterclass as a bonus: https://link.briefs.co/4lbB2dF My recommended tools*! *Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube. ---------- ➤ Get a complimentary advisor session 1) 💰 Money Pickle - Best for retirement, investing & tax strategy: https://theminoritymindset.com/advisor ---------- ➤ Life Insurance 2) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) 🏠 Fundrise* - Invest in real estate passively! https://www.theminoritymindset.com/fundrise *Jaspreet Singh is an equity owner in Fundrise and has invested in Fundrise. He receives a commission if you use his affiliate link. ---------- ➤ My Favorite Credit Cards 4) 🪪: See my top credit card picks for this month: https://www.theminoritymindset.com/creditcards ---------- ➤ Invest In Stocks Passively 5) 📈 M1 Finance - Buy stocks & ETFs on autopilot: https://theminoritymindset.com/m1 ---------- ➤ Business Accounting 6) 💸 CommonWealth - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/tax ---------- Buy Gold Passively 7) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- Recommended: Buy These 5 Assets To Replace Your Paycheck & Never Work Again https://youtu.be/6vITBkloyLA What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Top Comments (10)

@markamark123 2025-06-21

thank you random guy on youtube

59
@MotoringAdventures_KE7SAI 2025-06-21

I think this has to be one of your most insightful videos yet. Thanks for your willingness to educate people about yr tax code and how money works.

46
@LeFinancialGoat 2025-06-21

I appreciate the information in this video. However, you made saving on taxes as a business owner look like it’s easy and simple. The tax code has a lot of specific things business owners need to follow in order to claim their deductions, and there are often gray areas that people aggressively push that leads the IRS to audit them. The tax savings can be quite a headache to achieve. Most W-2 employees should only start a business if it’s something they really want to grow, not just to try and save on taxes or offset their W-2 earnings.

24 1 replies
@kiara4bitcoin 2025-06-21

Straight up knowledge 💯 I'm a S-Corp and tax pro I approve this message

23
@mrwise2k 2025-06-21

These look like business owner techniques, not rich people techniques. You're not going to get rich doing these things. Your business has to first make enough money to make you rich. The fundamental thing rich people do is make lots of money. Having made a lot, they then need to know how to keep it. For any who don't get that the 100K example is just for illustration, saving taxes on 100K per year isn't going to make you rich, though it will help accelerate your wealth building if you invest that difference.

14 1 replies
@ahn00bus510 2025-06-21

As busy as i am.. 1 thing i am thankful for... Market Briefs... keeps me in the loop and also pick up new knowledge... no im not a Bot!!! Thank You Random Youtube guy!!!!

11
@MinorityMindset 2025-06-21

Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/2f3f76 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

10 2 replies
@townsend7 2025-06-21

Health insurance seems like something the is very important to consider when looking at compensation.

6
@Michaelangilo-b8h 2025-06-22

Holy shit this is crazy that this is free advice like I’m saving this video for years. I thought I’d never understand this stuff but you make it so clear. Thank you!!!!

5
@steve-on3234 2025-06-23

$100,000 -21,650 is not 79,350. It’s 78,350.

1

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