Secure Your Retirement

Steve Moskowitz – Small Business Tax Planning


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Did you know that there are ways you can save on your taxes as a small business? Big Fortune 500 companies do it all the time, and they make more money than you.

There are different ways you can save money on taxes and protect your small business and assets, which include being smart with your pension. Working with a tax attorney is also another advantageous way to protect yourself under the attorney-client privilege than working with a CPA.

In this episode of the Secure Your Retirement podcast, we have Steve Moskowitz, a seasoned tax attorney who helps business owners and individuals resolve tax issues. We cover extensively how you can use different pension accounts to protect your small business and yourself from losses.

In this episode, find out:

  • The difference between a CPA and a tax attorney.
  • The advantages/privileges of working with a tax attorney over a CPA.
  • How to save money with pensions in 2021 when filing returns plus extension.
  • How Steve helps retirees offset investment income with pension deductions.
  • The multiple pension accounts available as opposed to the most common ones.
  • The power, flexibility, and safety of pensions to avoid paying taxes or losing your money.
  • How to save money through the real estate professional tax exemption.
  • How the government uses incentives in tax laws to keep us paying taxes.
  • The many government giveaways to use to your advantage as a small business.

Tweetable Quotes:

  • “A lot of times we do get into other areas like crime because somebody will do something that has both a criminal aspect and a tax aspect.”- Steve Moskowitz
  • “You can have a zillion dollars in your pension account, file for bankruptcy, and keep every penny of it.”- Steve Moskowitz

Get in Touch with Steve:

Website: https://moskowitzllp.com/

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

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Secure Your RetirementBy Radon Stancil, CFP® & Murs Tariq, CFP®

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