👉 Interested in learning more about oil and gas investing? Email us at ask@taxsavingspodcast.com and we’ll connect you with Nick White and the team at US Energy. Big tax deduction or risky investment? Oil and gas investing can be a powerful tax strategy for high-income business owners, but it’s not something to jump into just because you want a write-off ... Show More
Jul 1
Trump Accounts Explained: Gimmick or New Savings Tool for Kids?
Free money for kids? Not so fast. Trump Accounts could become one of the newest long-term wealth-building tools for families, but you need to understand how they work, who qualifies, and how they fit into a bigger tax and investment strategy.In this episode, Mike breaks down ever ... Show More
18m 39s
Jun 17
How to Choose the Right Retirement Plan for Your Business
Stop treating your retirement like a someday problem…For business owners, the right plan can be a valuable tax strategy. But too many entrepreneurs wait too long, choose the wrong plan, or assume a 401(k) is only for big companies. In this episode, Mike sits down with Matt Rutten ... Show More
34m 42s
May 2024
528: The Small Business Owner’s Guide to Taxes, LLCs, Deductions, & Audit Risks
Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, house flipper, Airbnb host, or something in between, you MUST know ... Show More
52m 46s
Oct 2023
Ep. 15 - S-Corp Status for Your Business
If you have your own business and earn over $50k, you'll want to listen to this episode. Electing an S-Corp tax status for your LLC might save you thousands in taxes. Michelle Moses, CFP® and Jared Van Arsdale, CPA discuss the complexities and benefits of electing an S-Corp statu ... Show More
31m 4s
Jan 2024
174: Tips For Tax Preparation Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
<p>As a business owner, it is important to stay ahead of the curve when it comes to tax preparation. You want to make sure that you are ready for any unexpected decrease in expenses or increases in income so that you don't have any surprises when it comes time to pay your taxes. ... Show More
19m 36s
Mar 2024
Tax Strategies for Entrepreneurs: A Guide with Shmulie Munitz
Tax Tips for Business Owners: A Simple Guide I host a podcast about starting and running businesses. Recently, I talked with Shmulie Munitz, a top tax advisor, about making taxes easier for entrepreneurs. Here's a summary of what we learned. For many business owners, taxes feel c ... Show More
20m 44s