Shan’s genius way to avoid taxes…

Bro, Wealth isn’t just about earning. It’s about keeping. My brother always said the system rewards those who understand it, not those who simply play by the rules. Learn to protect what’s yours. Don’t apologize for maximizing your position. It’s not greed, it’s strategy. Find legal loopholes. Hire smart people. And remember, nobody ever got rich playing fair.

kind of......but they have to pay taxes.

We calling him a genius for shit we say we hate billionaires for

❌Technically you can not pay a salary to someone who does not perform work, just for the purposes of avoiding taxes.

He still definitely pays taxes. The taxes are just split differently for a business like a C-Corp, LLC or S-Corp. So there are exceptions and different limits for taxes than you can claim. You can write off more things, etc. 100% paying taxes still. But still a smart move

having said that, his parents are still paying taxes on their income. So the marginal tax rate is probably lower than if Shaq took that money has his own income given his high own high salary as an athlete, but its not like nobody is paying taxes.

Lol got scammed by a book for dummies...ironic

Found it (affiliated link)

How about we eliminate those taxes for everybody? Thank God Trump is the one person trying to do that. Remove your blinders people.

So his parents paid taxes on the money he was giving them. Same shit

Employers pay employe tax no?

Here you go👇

You idiots the family making the salary PAY TAXES!!!!!! N

The funniest thing is a 7'1" giant being this meticulously smart with his taxes. 😂 Shaq really said: "I’m too big for the IRS to miss, so I better be too smart for them to catch." Legend behavior! 💀📈

@grok explain this

Wait Who tf is Shan?

Visibility doesn’t equal freedom. A king still answers to rules, a prince simply ignores them. The cost of that difference is always calculated later.

Found it👇 @grok draw it on the table

💯 smart

COOL A FREEMASON

@grok how can I do this with $10m. Step by step process pls

That’s smart the only thing they need to when they get paid is the pay there taxes and If their smart they still can live comfortably without depending on him

Found it (Affiliated Link)

We call him genius bc he got info from a book called, Business for Dummies. Isn't the author the genius.

The Powerful Tax Advantages of an S-Corp Don't hate the player—hate the game. One thing is certain: every tax-paying citizen should explore every legal avenue available to minimize their tax liability. Our government has not proven to be a responsible steward of our money.

I think Shaq just incriminated himself in the IRS will be becoming…

Actually, every American is allowed to gift (give money that cannot be taxed) to other people. Your “give away” limit is about $12Million (ask Grok). Having said that, having your family as employees sounds like a good idea. Run it through a couple of CPAs to see what they think.

Not everyone name is shaq though. He turned his name into a damn company

Crazy