Tech
Business
Tax Expert Reveals How To Use AI For Taxes
David Tran
CPA, Tax Strategist & Founder
,
Prime Path Advisory
Tax strategist David Tran of Prime Path Advisory shares how high income earners can use AI and IRS compliant strategies to legally reduce taxes.
Chapters
00:00 - Trailer
03:05 - How David is using AI for taxes
04:45 - How people with new money save taxes
08:12 - Why New York is the worst for taxes
09:27 - Millionaire migration trend
12:00 - Common tax mistakes to avoid
13:43 - How does David’s business model work?
14:36 - His tax career journey
16:13 - Should you file taxes yourself or hire pros?
20:06 - The stock-loan tax strategy of the rich
23:28 - What is tax loss harvesting?
24:15 - 1031 exchanges explained
27:12 - Active income vs. passive income
30:08 - AI tools David uses
34:40 - Rent or buy?
39:48 - Tax strategies for people making $150K–$200K
41:36 - Investing in the S&P Index
44:28 - Closing thoughts
