Kansas Income Tax Explained 2024
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In this video, we're going to talk about what income taxes are and we'll dig into the basics of Kansas income taxes. • We’ll also show you different tax planning strategies that can significantly reduce your taxes: • 1. Invest in renewable energy projects that make you eligible for significant government tax incentives to lower your income: https://learn.valur.io/solar-tax-guide/ • 2. Maximize retirement contributions through retirement accounts like a 401(k) or an IRA • 3. Use CLATs to pass on assets to future generations and charitable causes while avoiding estate taxes and not using your limited gift exemption: https://learn.valur.io/clat-estate-tax/ • 3. For ultra high net worth individuals, Private Placement Life Insurance can be a good option to avoid income and capital gains taxes while providing insurance for your family: https://learn.valur.io/private-placem... • If you want to learn more you can check out our other videos or: • Read through our content in valur.io • Set up a call to answer your questions: https://www.valur.com/forms/schedule?... • If you liked the video, please give it a Thumbs up! and subscribe to see more!
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