Merrill Taylor, CPA has gifted you access to his online course Tax Tutor as a gift for choosing to strengthen your skills as a bookkeeper evidenced by joining The Bookkeeper Blueprint.

EXCLUSIVE Training With Merrill Taylor, CPA:

• ​What type of entity will help you save the most in taxes?
• ​What deductions can you take as an entreprenuer to save money on taxes?
• ​What strategies are available to decrease the tax you pay?

You can register here: https://www.7percentclub.com/sign-up-156340063

Here's what you'll see inside: 

I. Introduction

• Overview of the importance of understanding tax strategies for entrepreneurs.

II. Entity Structure

1. Entity Introduction and Overview
2. Sole Proprietorships
3. Limited Liability Companies (LLCs)
4. Partnerships
5. S Corporations
   • Owner Reasonable Compensation
6. C Corporations
7. Taxation of Entities - Examples

III. Tax Deductions

1. Overview of Tax Deductions
2. General Tax Deductions
3. Home Office Deductions
4. Vehicle Deductions
5. Meals and Entertainment Deductions
6. Accounting Methods
7. Travel Deductions
8. Capitalization and Depreciation
9. Special Depreciation Elections
10. Qualified Business Income Deduction

IV. Tax Strategies & Credits

1. Introduction to Tax Strategies and Credits
2. 1031 Exchanges
3. Augusta Loophole
4. Cost Segregation
5. Hiring Children
6. FICA Tip Tax Credit (For Restaurant Owners)
7. Research and Development Tax Credit
8. Work Opportunity Tax Credit
9. Captive Insurance
10. Relocation to Puerto Rico

V. Special Business Taxes

1. Overview of Special Business Taxes
2. Payroll Taxes
3. Sales Taxes
4. Personal Property Taxes
5. Unemployment Taxes

VI. Special Topics

1. Estimated Tax Payments
2. Statute of Limitations
3. Selling an Investment Property

This podcast is designed to provide valuable insights and strategies for bookkeepers, but for a deeper dive, be sure to log in to our course. Inside the course, you’ll find visual guides, step-by-step tutorials, exclusive bonuses, and resources that aren’t available here on the podcast. Don’t miss out on all the tools and support you need to build and grow your bookkeeping business!