Tax Reduction Podcast

Tax Reduction Podcast

By Boris MusheyevBusiness
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Tax Reduction Podcast episodes

  • Episode 37. Owner Payroll Tax

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    If you’re a small business owner with an S Corporation, the way you pay yourself can make or break your tax bill. Most business owners overpay payroll taxes because no one ever showed them the right tax strategy. They treat owner payroll like a checkbox which is a big mistake. Your payroll is a tax planning weapon if you know how to use it.

    In this podcast, I’m breaking down exactly how to pay yourself as a business owner, how payroll taxes really work inside an S Corporation, and what you need to do right now to lower your self-employment tax legally. These tax strategies are what your CPA probably isn’t telling you.

    We’ll cover payroll tax strategy, how to determine a reasonable salary, and how to avoid red flags with the IRS. If you're married and running a business, there are major tax benefits to putting your spouse on payroll. Get this wrong, and you’re either wasting money or triggering problems with IRS payroll compliance. Get it right, and you unlock additional tax deductions, retirement contributions, and even better healthcare options.

    And if you’re listening to this before year-end, I’ll walk you through key tax planning tips you need to make before December 31st. Because once the calendar flips, your options disappear and your tax bill is locked in. This is the payroll tax strategy every small business owner needs to understand. If you're serious about reducing payroll tax, increasing your tax deductions, and staying IRS-compliant,  start by listening to this podcast.

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    13 min
  • Episode 36. Beach Home Tax Strategy

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Do you want to buy a vacation home and write it off on your taxes? Whether it's a beach house, ski cabin, or a lakeside condo, the real question isn’t can you deduct it — it’s how to write it off as a legitimate business expense.

    In this podcast, I reveal one of the most underused IRS-approved tax strategies: turning your personal vacation home into an employee entertainment facility that’s 100% tax deductible. Yes — your dream property could become a fully tax deductible business asset if you structure it the right way.

    I walk you through the IRS guidelines and show you exactly what steps to follow so your beach house qualifies as a tax deduction, not a personal expense. If you’re looking for tax strategies and ways to save money on business taxes, this is one videos you don’t want to miss.

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    9 min
  • Episode 35. 5 Trump Tax Changes for Business Owners

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Are you a business owner trying to stay ahead of the curve on the latest tax laws? President Trump’s new tax reform has just passed the House, and it brings some game-changing tax updates that will affect how business owners pay taxes moving forward. If you’re not up to date, you could be missing out on massive tax savings, or worse, get caught unprepared.

    In this podcast, I break down the 5 key changes every business owner needs to know. From overtime pay becoming tax-free, to the QBI deduction increasing to 23% (but watch out if you’re a doctor, attorney, or accountant), these shifts could seriously impact your tax strategy. I also explain how bonus depreciation is making a comeback, why the PTET strategy is evolving, and how the R&D credit is finally getting its full power back.

    Bottom line: If you’re not updating your tax strategy now, you’re either leaving money on the table or walking into a problem you could’ve avoided.

    Listen to this before your CPA shrugs and says, “Let’s look at that next year.”

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    14 min
  • Episode 34. Tax Strategies for Attorneys

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    If you're a law firm owner or practicing attorney, this tax strategy breakdown is a must for you. Learn how using reasonable compensation can keep your S-Corporation compliant while reducing unnecessary payroll taxes. We also dive into how paying your spouse a salary can unlock powerful deductions and write offs for your business. Discover the benefits of the self rental strategy, a smart move that turns your office rent into a tax advantage. For those planning long-term wealth, the defined benefit retirement plan can be a game changer in your tax planning strategy. These advanced tax strategies are tailored specifically for legal professionals looking for smart tax savings. Owning a law firm means you're leaving money on the table if you're not optimizing these tools. Start building a smarter tax plan for your firm today.

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    14 min
  • Episode 33. LLC Tax Strategies

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    How can LLC owners pay less in taxes in 2025? This podcast breaks down key tax strategies, deductions, and tax savings opportunities for LLCs. Learn how retirement contributions, depreciation, hiring family, and optimizing your business structure can help you legally reduce your taxable income and keep more of your money. We’ll also cover business meal deductions, credit card strategies, and tax-efficient ways to structure your LLC for maximum savings. Understanding these LLC tax planning strategies is crucial for maximizing write-offs and lowering your tax burden. Plus, we’ll discuss how LLC vs. S-Corp election, Section 179 deductions, and bonus depreciation could impact your business. Don’t miss out on these valuable tax-saving tips.

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    19 min
  • Episode 32. Trump’s Tax Plan: How Business Owners Can Benefit

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    How will Trump's Tax Plan impact YOU; a profitable business owner and entrepreneur? This podcast breaks down key tax strategies, deductions, and tax savings opportunities under his proposed policies. Learn how bonus depreciation, cost segregation, vehicle loans, and research and development tax credits could help lower your tax bill. We’ll also cover Social Security benefits, no tax on tips, and how overtime pay affects reasonable compensation for S-Corporation owners. Understanding these tax planning strategies is crucial for maximizing write-offs and keeping more of your hard-earned money. Plus, we’ll discuss changes to corporate tax rates, pass-through income, and potential deductions that could benefit profitable businesses. Don’t miss out on these valuable insights!

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    14 min
  • Episode 31. Top 4 S-Corporation Tax Strategies

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Save money on taxes in 2025 with these top S-Corporation tax strategies! If you're a business owner, using the right tax planning techniques can help you reduce your tax liability, increase deductions, and keep more money in your pocket. Learn how the PTET tax can reduce your state tax burden and how to use reimbursements like the home office deduction and the Augusta Rule to lower taxable income. 

    Take advantage of retirement contributions to build wealth while cutting taxes. Set up a Family Management Company to shift income and create legal tax savings. Don’t overlook the auto deduction—write off business vehicle expenses the right way. These tax planning strategies help S-Corp owners keep more profits and stay IRS-compliant. You can implement these tax-saving strategies for your S-Corp in 2025!

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    18 min
  • Episode 30. Backdoor ROTH IRA Tax Strategy

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Discover how the Backdoor Roth IRA strategy can help high-income earners enjoy tax-free growth and withdrawals in retirement. In this podcast, we’ll break down how the Backdoor Roth IRA works, why it’s a powerful tax planning tool, and how it benefits business owners and self-employed individuals. Whether you’re focused on tax-free growth, long-term savings, or advanced retirement planning, this approach is a game-changer for entrepreneurs and high-income professionals alike.

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    11 min
  • Episode 29. Pass-Through Entity Taxation Strategy

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Discover how the 2025 Pass-Through Entity Tax (PTET) strategy can help business owners maximize tax savings and reduce their tax liabilities. In this podcast, we’ll break down how PTET works, why it’s a powerful tax planning tool, and how it benefits S-Corporation owners and other pass-through entities. Learn how to leverage state-level tax deductions and create effective strategies for your business to save thousands on taxes. Whether you’re focused on deductions, write-offs, or advanced tax planning, this approach is a game-changer for entrepreneurs and small business owners alike. Don’t miss these actionable tax strategies that can make a real difference in your bottom line. Stay ahead in 2025 and take control of your taxes today!

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    12 min
  • Episode 28. ROTH IRA For Kids

    Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

    Leverage the power of Roth IRAs for kids and discover how business owners can build an estimated $2 million in tax-free income for their children. This smart tax strategy allows you to combine family financial planning with incredible tax savings. Learn how to use your business to fund Roth IRAs for your kids, take advantage of legal deductions and write-offs, and set them up for a lifetime of financial success. 

    With strategic tax planning, you can turn your income into a legacy while reducing your tax burden. Don't miss out on this powerful way to build wealth for your family and save money on taxes today!

    🆓  Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know:   https://7taxwriteoffs.com/?utm_source=buzzsprout&utm_medium=podcast

    *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

    13 min

About Tax Reduction Podcast

From the publisher's feed

Introducing your host, Boris Musheyev, CPA. In this podcast Boris debunks the tax code by teaching you simple and effective tax strategies, so you can keep the most of what you make. His mission is…

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