🎬 Want to reduce your taxes and have your name in a movie’s credits? This episode unveils how high-income earners can use film investments as a proactive tax strategy.In this episode of Sterling Insights, guest host Charles Trakas sits down with Kyle Fox, CPA and founder of Fox Financial Network. Together, they explore the world of advanced tax strategies for high-income professionals, with a deep dive into the surprisingly powerful role of film production investments. Kyle draws from a decade of experience to discuss how strategic restructuring, income classification, and tax-advantaged investments can lead to major savings — all while supporting creative industries.This episode is a must-listen for financial advisors, high-earning professionals, and business owners looking for innovative, IRS-backed ways to reduce tax burdens and diversify investments. 🔑 Key Takeaways:● 🎯 Tax Strategy Over Compliance: Kyle emphasizes proactive, year-round tax planning over traditional once-a-year compliance models — especially for clients making over $500K annually.● 🧠 Restructuring Matters: 70% of Kyle’s new clients undergo some type of restructuring, including trusts, MSOs, and income-defective structures, to optimize tax liability.● 🎥 Section 181 & Film Investing: The film industry offers a unique, IRS-approved opportunity to write off 100% of qualified expenses — even with just 20% capital contributed.● 🧾 W2 Earners Can Participate Too: High-income employees can materially participate as executive producers, gaining both deductions and royalties over a 95-year IP lifespan.● 💼 Flat-Fee Multi-Family Office Model: Kyle’s firm offers an all-inclusive, fixed-fee structure that includes forecasting, consulting, and direct access, leading to more trust and transparency with clients. 💬 Quotes from Kyle Fox:● “We’ve taken the tax return sweatshop model and turned it into a fully proactive year-long engagement.”● “If you’re earning over $500K, the marginal benefit of proper structuring is massive — it’s not just about saving money, it’s about being intentional.”● “When investors come on set and see 100+ people working because of their funding — that’s when it clicks: this is real impact, not just tax sheltering.” 🔗 Conclusion:Kyle Fox isn’t just saving clients money — he’s redefining how CPAs approach high-net-worth planning. From strategic restructuring to Hollywood-style tax advantages, this episode reveals how advisors and high-income individuals can align smart planning with meaningful impact.


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