Ep. 82 - Taxes, 7702, and IBC Scam Accusations
Farming Without the Bank Podcast
Release Date: 02/19/2021
Farming Without the Bank Podcast
Today we're addressing common concerns about committing funds to life insurance policies and the importance of understanding the long-term benefits. Using life insurance as a financial tool is like building a business or farming; we need to be patient to see the long-term gains. Audio Production by Podsworth Media -
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info_outlineIn this episode, I address what you can and can't write off on your taxes by using the policy, tax code 7702 changes, and how that will affect the policies going forward. I also address the video done by a certain talking head (you probably know who) regarding IBC being a scam. Enjoy!