Taxes don’t have to be scary or expensive.

In this episode, founder & CEO of Together CFO KC Chohan breaks down how everyday business owners can use the same concepts family offices use to legally reduce taxes and build generational wealth.

We start with the big picture: why 90% of taxpayers overpay and how to stop it with proactive planning. KC explains the two lanes of smart tax reduction and shares practical examples you can apply this year on things like; bonus depreciation on vehicles and equipment, the Augusta Rule, and hiring your kids to name a few.

You’ll also learn how to pick the right CPA vs. tax strategist, the questions to ask before hiring, and why quarterly planning beats year-end panic. If you’ve ever wondered how high-net-worth owners pay single-digit effective rates, this conversation shows the legal, repeatable playbook and how to adapt it to your business today.

Key Takeaways:

• Core Truth: Most business owners overpay because they plan at filing time, not quarterly.
• Hidden Win: The Augusta Rule lets you rent your home to your business for up to 15 days tax-free.
• Family First: Hire your kids for legitimate work and shift income at lower rates.
• Philanthropy Upgraded: A Strategic Giving Partnership can deliver 50% deductions and keep capital compounding.
• Right team: A CPA files; a tax strategist designs the plan and most businesses need both.
• Quality control: Send the 50 loopholes checklist to your CPA and ask which you’re missing.
• Wealth lens: The goal isn't to pay less tax, it’s structuring cash flow to build multi-generation wealth.

Unlock the Secrets to Building a Resilient and Profitable Business at the Profit Connectors Club - https://profitconnectors.club/

About KC:

KC Chohan is the Founder and CEO of Together CFO, a premier financial strategy firm helping business owners build generational wealth through advanced tax strategies. With a background in finance and accounting, KC has worked with Fortune 500 companies and elite entrepreneurs to optimize their wealth structures and protect assets. He's a sought-after speaker and thought leader in the areas of business finance, tax strategy, and wealth management, regularly featured on top podcasts and events. KC is also the host of The CEO Story podcast, where he interviews top-performing entrepreneurs to uncover their paths to success.

About Sharon:

Sharon Galluzzo, Profit Growth Strategist at Profit Connections, is the author of several Amazon Best Selling books including “Legendary Business: From Rats to Riche$.” She ran a successful multi-six figure, award winning business for more than a decade before selling it for a profit. In her more than 19 years as an entrepreneur, Sharon has coached professionals across the country from franchisors and solopreneurs to businesses on the verge expansion. 

http://sharongalluzzo.com/

https://www.facebook.com/sharonagalluzzo/

https://www.instagram.com/sharon_galluzzo/

https://www.linkedin.com/in/sharongalluzzo/

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