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4 Surprising Ways To Legally Reduce Your Tax Liability By Gun Hudson

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Gun Hudson

There is a harsh reality that every entrepreneur and citizen must accept to live with, “Tax”. Although it is quite tricky to avoid taxes, there are numerous strategies in place to ward them off. Paying taxes on hard-earned income is difficult. However, all is not in vain; you can calibrate your earnings by taking advantage of the available hedging funds, Employers benefit plans, tax deductions options, investments into bills and bonds as well as Charitable contributions.

Gun Hudson Bio

Gun Hudson, the co-founder and owner of Global Tax Freedom and Satoshi Holdings. The 32 years old male of Australian origin started his journey of jet setting his global citizenship, driving the idea towards having the entire world his home. He envisions a world of independence where everyone will reach financial freedom to enjoy life now other than after retirement age.

Global Tax freedom specializes in helping online coaches and consultants move their business and life offshore to become tax-free. On the other hand, Satoshi Holdings, the first bitcoin investment hedging fund, is a hedging platform with several million assets under management through a tax-exempt Hedge Fund registered in the tax haven “Cayman Islands”. It specializes in helping online entrepreneurs & global citizens invest legally & tax-free in ‘The Original Bitcoin’.

How Best Can You Economically increase your Tax Savings?

Several theories and ideas have come up in different ways one can use to increase their disposable income while reducing their taxable income. Below are forms that have effectively saved many entrepreneurs lightening off the tax burden.

1. Restructured Retirement Scheme

It is essential to restructure the social security, pension and distribution of retirement funds from the accounts to lower your lifetime tax liability. The decision on when to restructure your schemes depends solely on the overall financial plan that will maximize your lifetime income. You will require to, therefore, examine the tax impact in each strategy. In some instances, it makes sense to begin drawing your funds from the retirement account before the required date.

2. Borrowing To Finance Capital Gains

While growing your business, it may become vital to acquire some capital asset that is the primary requirement for the establishment of your business. The method of acquisition, therefore, is essential as it may lead to either lead to increased or reduced costs. While financing your asset acquisition, borrowed funds come in handy as it not only frees up the scarce cash flow but also a tax incentive method that allows tax deductions.

Capital allowances in many states have eased the burden of acquisition of assets to many start-ups and growing entrepreneurs whose financial stability depends mostly on the minimum profits and disposable funds available.

3. Tax Deductions

Many state governments have provided platforms for various tax deductions to reduce tax liability. It is therefore essential to maximize the deductions over your lifetime. It may be useful to use a crafty way to avoid tax payment, putting keen focus not to override the existing rules and laws governing the state.

Investing in tax haven places ensures that you lower your taxes while enjoying your hard-earned resources. Some individuals have cunningly trashed a lot of money in the tax haven countries taking advantage of the privacy protections the states offer.

4. Deferring Taxes

One of the most significant ways of building wealth is through deferred taxes. It gives us the ability to save money before it’s taken from us. You can keep the money as you speculate the currency fluctuation trends in the exchange market. It is therefore essential to defer your taxes as you accumulate interest on them and later make the payment.

Finally,

Economic scarcity of resources has created pressure into the world, and individuals have crafted smart ways to maximize the use of such scarce resources. To better understand the nitty-gritty towards a tax-free lifestyle, you will need a combination of knowledge and expertise to drive you along the path

Gun Hudson has created a clear track to liberation and offers vital information and guidelines on how to go about each step. To walk through the way to your freedom, get in touch with Hudson at https://globaltaxfreedom.com.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Interview with Jason Ho, CEO of Teklium: A Vision for the Future of Technology

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Photo courtesy of Teklium 

By Mj Toledo

There is a wealth of experience behind Teklium, and it is embodied in its chief executive officer (CEO), Jason Ho. His educational foundation was laid at National Chiao Tung University and Pennsylvania State University, where he developed his skills in electrical engineering. With over 400 patents to his name, he has played a key role in advancing semiconductor technologies and artificial intelligence (AI).

From leading custom chip design for the F35 Fighter Jet to innovating at Teklium, Ho’s work has been adopted by major corporations worldwide. In this interview, he shares his vision for the future of technology and how Teklium’s developments fit into this broader landscape.

Q: Hi, Jason. For those who may not be familiar with Teklium, could you tell us more about your company?

Jason Ho: Certainly. Teklium is a technology company focused on improving AI and semiconductor technologies. Our mission is to create self improving AI systems and hardware that can tackle various technological challenges and shape the future of multiple industries.

Q: You hold over 400 international patents, with one of your most notable innovations being hydrogen battery technology. What inspired you to promote this sustainable transportation solution?

Jason Ho: I’ve always been deeply interested in finding sustainable energy solutions, especially in transportation. Traditional lithiumion batteries have clear limitations, both in terms of performance and their environmental impact due to resource mining. Hydrogen batteries present a promising alternative, offering both environmental benefits and faster refueling times, which could make electric vehicles more practical and appealing.

Q: What drove you to focus on hydrogen battery technology specifically?

Jason Ho: My collaboration with Mark Bayliss, President of Visual Link, played a significant role. Mark introduced the concept of a closed loop hydrogen system, and our joint efforts resulted in the development of a hydrogen battery technology that we believe can provide a clean and safer alternative to lithiumion batteries. This inspired me to continue refining the technology, working with Visual Link to bring it to market.

Q: How do you see your company’s hydrogen battery technology impacting the electric vehicle industry in the next decade?

Jason Ho: I’ve thought about this a lot. Our hydrogen battery technology has the potential to revolutionize the electric vehicle industry by offering a more efficient and sustainable energy source. The ability to refuel quickly, combined with the technology’s adaptability to a wide range of temperatures, could make electric vehicles far more practical and attractive to consumers in the long term.

Q: Can you explain the significance and potential impact of Teklium’s closed loop hydrogen energy system on global energy consumption?

Jason Ho: The closed loop hydrogen energy system is groundbreaking because it enables onsite hydrogen generation through water electrolysis, eliminating the need for external supply chains. This drastically lowers energy consumption and minimizes environmental impact by recycling water in a continuous loop. The system offers an environmentally friendly solution for industries beyond transportation, including energy storage and telecommunications.

Q: What challenges do you foresee in scaling up hydrogen battery production, and how does Teklium plan to address them?

Jason Ho: Scaling up hydrogen battery production comes with significant challenges, including the development of necessary infrastructure, reducing production costs, and ensuring safety standards. At Teklium, we plan to address these obstacles by partnering with industry leaders to build the required infrastructure and by investing in research to lower costs. We’re also committed to implementing rigorous safety protocols to ensure the technology performs reliably.

Q: How does Teklium’s strategy for AI infrastructure differ from traditional approaches?

Jason Ho: At Teklium, we’re taking a different approach by exploring ways to develop advanced materials and technologies that could improve the performance and efficiency of AI infrastructure. We’re focused on moving beyond traditional silicon based systems and envision a future where we can create three dimensional chip structures that significantly reduce data movement and energy consumption. By integrating memory and processing capabilities, we believe we can revolutionize AI workloads.

Q: Teklium has ambitious plans for extending Moore’s Law. Can you elaborate on how these plans could transform the semiconductor industry?

Jason Ho: Siliconbased chips are nearing their physical limits, so we’re exploring technologies that could allow us to scale transistor density both vertically and horizontally. By adopting these new approaches, we aim to significantly increase chip performance and, in doing so, challenge the traditional expectations of Moore’s Law. We also envision a future where chips are reusable and can be reprogrammed over decades, which could reshape the semiconductor industry’s business model in terms of sustainability and efficiency.

Q: What environmental benefits could Teklium’s technologies bring, particularly in reducing carbon emissions and resource consumption?

Jason Ho: Our innovations could have a profound impact on the environment. We’re committed to developing technologies that reduce resource consumption and minimize waste. By creating more efficient manufacturing processes and extending the lifespan of chips, we hope to significantly reduce electronic waste. Our work on AI infrastructure could also cut energy consumption in data centers by as much as 60%, which would translate into substantial reductions in carbon emissions. And, of course, our hydrogen battery technology offers a clean energy storage solution that could accelerate the adoption of renewable energy sources.

Q: Aside from electric vehicles, what are some other exciting applications of Teklium’s hydrogen battery technology?

Jason Ho: While electric vehicles are an obvious application, there are so many more exciting possibilities. Our hydrogen batteries could serve as large scale energy storage solutions, balancing grid loads and supporting renewable energy sources like wind and solar power. They could also power remote cell towers and data centers in areas where traditional power sources are unreliable. In aerospace, these batteries could enable long range drones and even electric aircraft. The potential applications in disaster relief and military operations, where portable and reliable energy is critical, are also very exciting.

Q: How does your collaboration with companies like Nantero and Visual Link advance Teklium’s technological developments?

Jason Ho: Our collaboration with Nantero is allowing us to explore advanced memory architectures, while our partnership with Visual Link offers crucial insights into practical applications and market needs. Visual Link also helps us navigate regulatory challenges, ensuring our innovations are commercially viable and compliant with industry standards.

Q: Teklium is involved in the concept of AI City in partnership with West Virginia Data Center Group. Can you tell us more about the vision for this project?

Jason Ho: AI City is an ambitious concept that we’re working on with the West Virginia Data Center Group to turn into reality. The idea is to create an intelligent infrastructure that incorporates cutting edge technologies in AI and data centers, optimizing everything from energy usage to communication networks. We envision a city that can learn and adapt to the needs of its residents, reducing inefficiencies and improving quality of life. It’s still in the planning stages, but we’re confident it can become a reality in the near future.

Q: What are your long term goals for Teklium, and how do you see your inventions influencing future generations?

Jason Ho: My long term vision for Teklium is to become a leader in sustainable technology solutions. We aim to continue pushing the boundaries of AI, semiconductor technology, and energy solutions. I want our innovations to inspire future generations to tackle global challenges like climate change and resource scarcity. Ultimately, I hope Teklium’s work contributes to a more connected and sustainable world.

While Teklium’s advancements may take time to fully realize, they open up exciting possibilities for addressing critical challenges like energy consumption and sustainability. Under Jason Ho’s leadership, Teklium is poised to make a significant impact on the future of technology and the environment.

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