"How you make your money determines how much you can save on taxes."

Terrance Hutchins, a financial and tax advisor in the Dallas-Fort Worth area, kicks off the How to Lower Your Tax Bill podcast. In this episode, Terrence introduces listeners to key strategies for reducing their tax burden based on Robert Kiyosaki’s Cashflow Quadrant.

Terrance explains how your tax options vary based on whether you’re an employee, self-employed, a business owner, or an investor. He shares actionable tips on how to transition between these quadrants to maximize deductions and lower your tax bill, no matter your income.

Featured Tax Fact: Madison Square Garden has saved $946 million in property taxes since 1982 due to a loophole in tax law.

For more self-employment tax tips, subscribe to How to Lower Your Tax Bill on Spotify or Apple Podcasts.