• Tax Planner Breaks Down Caleb Williams' Tax Strategy

  • Aug 6 2024
  • Length: 6 mins
  • Podcast

Tax Planner Breaks Down Caleb Williams' Tax Strategy

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  • Summary

  • First-round pick of the 2024 NFL Draft, Caleb Williams, makes headlines for wanting to do some "creative" tax planning with his NFL money. We're breaking it down!


    Key Topics:

    • Breaking Down the Caleb Williams LLC Proposal (01:26)
    • Breaking Down the Forgivable Loan Element (02:53)
    • How Rich People Use Loans to Avoid Taxes and How This is Different (03:52)
    • LLCs and Their Benefits and Misconceptions (04:55)
    • Wrap-Up (05:57)


    MDRN Wealth Episode on All Things LLCs


    This Episode is intended to be financial education only and is not intended to be specific tax, legal, or investment advice. Please consult a professional for specific advice.

    Subscribe to our weekly planning insights newsletter: ⁠⁠https://mdrnwealth.com/blog/⁠⁠

    If you need specific advice you can contact us at Advice@mdrnwealth.com or at: ⁠⁠https://www.mdrnwealth.com
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