Are you maximizing your tax savings with the QBI deduction? In this episode, Mike delves into the intricacies of the Qualified Business Income (QBI) deduction, also known as the Section 199A deduction, which was part of the Tax Cuts and Jobs Act. He explains the basic rules and income thresholds, discusses which types of income qualify, and provides detai ... Show More
Jan 21
The 10 LLC Mistakes That Can Destroy Your Business
You formed your LLC. Good job.But many business owners unknowingly make critical mistakes after formation that quietly destroy liability protection, trigger audits, and limit growth.In this episode, Mike walks through the 10 most common LLC mistakes business owners make in 2026 a ... Show More
15m 22s
Jan 14
How to Set Up an LLC in 2026 for Free (Step by Step)
Thinking about forming an LLC in 2026? In this episode, Mike breaks down how to set up an LLC step by step, what “free” really means, state filing costs, common mistakes to avoid, and why an LLC can act as an insurance policy for future S Corp tax savings. Perfect for new and gro ... Show More
10m 28s
Feb 2025
Inherited Account Deep Dive, Barista FI and Saving When Starting a Business | Rachael Camp | Ep 534
<p>This episode discusses financial independence strategies, including Barista FI and Coast FI, along with insights into inherited accounts post-Secure Act (2020). Listeners will learn about health insurance considerations in early retirement, the dynamics of inherited IRAs, and ... Show More
57m 56s
Oct 2024
Triple Tax Benefits of Hiring Your Children Explained
<p><span>Welcome back to another insightful clip of Earn Your Leisure (EYL)! In this clip, we're diving deep into a strategic yet often overlooked tax-saving method: hiring your children. Our special guest, Ms. Business, and host Rashad Bilal walk you through how you can bene ... Show More
8m 5s
Apr 2025
Strategic Accounting: The Untapped Blueprint to Profit, Protection, and Peace of Mind
<p dir="ltr">Timothy Wingate Jr., founder and president of G+F Business & Financial Consulting, is a licensed Enrolled Agent and construction accountant specializing in tax planning and financial consulting for construction companies.</p> <p dir="ltr">In today's conversation, Tim ... Show More
32m 39s
Nov 12
353: What High Performing Business Owners Do Differently Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer Accountant Bookkeeper Or Self-Employed
<p>As a business owner, you want to maximize your potential, both in your finances and in your personal growth. Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well. When y ... Show More
14m 14s