
Sign up to save your podcasts
Or


Today, we're talking about the world of business deductions and breaking down what they really mean for entrepreneurs and business owners. I'll walk you through what counts as a deductible expense, how deductions work, and why it's so important to be able to defend your business decisions.
I'll also explain the difference between deductions and tax credits, what makes an expense truly deductible, and why documentation is everything. Plus, I'm sharing practical tips on how to categorize expenses properly, stay off the IRS radar, and make the most of every deduction available to you.
What you'll hear in this episode:
[0:45] Understanding Deductions for Entrepreneurs
[01:50] Defining and Defending Deductions
[03:45] IRS Guidelines and Business Expenses
[07:35] Documentation and Diverse Categories
If you like this episode, check out:
Think Bigger Than a Niche
How to Build Investor-Ready Financials
Why The Rich Pay No Taxes and You Feel Left Out
Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/
Connect with Shannon: https://www.linkedin.com/in/shannonweinstein
Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Follow along on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.
By Shannon Weinstein5
195195 ratings
Today, we're talking about the world of business deductions and breaking down what they really mean for entrepreneurs and business owners. I'll walk you through what counts as a deductible expense, how deductions work, and why it's so important to be able to defend your business decisions.
I'll also explain the difference between deductions and tax credits, what makes an expense truly deductible, and why documentation is everything. Plus, I'm sharing practical tips on how to categorize expenses properly, stay off the IRS radar, and make the most of every deduction available to you.
What you'll hear in this episode:
[0:45] Understanding Deductions for Entrepreneurs
[01:50] Defining and Defending Deductions
[03:45] IRS Guidelines and Business Expenses
[07:35] Documentation and Diverse Categories
If you like this episode, check out:
Think Bigger Than a Niche
How to Build Investor-Ready Financials
Why The Rich Pay No Taxes and You Feel Left Out
Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/
Connect with Shannon: https://www.linkedin.com/in/shannonweinstein
Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Follow along on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.

4,589 Listeners

213 Listeners

13,994 Listeners

57 Listeners

2,445 Listeners

40 Listeners

42 Listeners

21,005 Listeners

15 Listeners

22 Listeners