Sign up to save your podcasts
Or
Share Episode 191: Smart Tax Strategies: Level Up Your Business Profits with Expert Insights!
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Episode 191: Smart Tax Strategies: Level Up Your Business Profits with Expert Insights!
Key Takeaways:
- Augusta Rule: Rent your home to your business for 14 days tax-free.
- S-Corp Benefits: Switching to an S-Corp may significantly reduce self-employment taxes.
- Year-End Tax Planning: Meet with tax professionals in early October and mid-December to plan for tax savings.
- Bookkeeping: Proper accounting helps avoid overpaying on taxes.
- Vehicle Deductions: Use mileage reimbursement for simplicity and savings.
View all episodes
By John Pyron "The Business Doctor"
4.3
44 ratings
Key Takeaways:
- Augusta Rule: Rent your home to your business for 14 days tax-free.
- S-Corp Benefits: Switching to an S-Corp may significantly reduce self-employment taxes.
- Year-End Tax Planning: Meet with tax professionals in early October and mid-December to plan for tax savings.
- Bookkeeping: Proper accounting helps avoid overpaying on taxes.
- Vehicle Deductions: Use mileage reimbursement for simplicity and savings.