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New and trying to optimize tax spend legitmately

bdb

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Aug 1, 2024
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Hi all,
I am US-based, moving from a W2 employee to a 1099 employee. Long-term I am interested in establishing a company in LatAm to outsource some of the tech-related work I do for various clients. I am interested in optimizing my tax liability in the immediate term, and beginning a long-term plan to significantly reduce it while remaining well within the legal confines of the US. Ultimately, I would like to accelerate my accumulation of wealth and setup a good path forward for my family.

I just finished reading Own Nothing, but Control Everything. Any getting started guides or baby-steps would be greatly appreciated.