🧾 Ron Weasley is in trouble... with the IRS

27.8K views5 months ago1m 27sScore: 75

Sean Pan

Pricing & Profitability
beginner
Tax Strategy
Bookkeeping
Expenses

Summary

This video uses the story of Rupert Grint (Ron Weasley) and his tax troubles to illustrate the importance of following the tax rules and avoiding getting too creative when trying to lower your tax bill. Rupert Grint got a $2.3 million tax bill for trying to label movie residuals as capital gains instead of earned income, and his financial team created a shell company to try and sell the company later and pay lower taxes, which was unsuccessful.