Chapter
Tips for Smarter Tax Strategies
15:56 - 23:34 (07:38)
The podcast discusses tips for focusing on the 20% of tax strategies that will give you 80% of the results, especially for those with LLCs or sole practitioners, and debunks the common myths surrounding tax deductions.
Clips
In this conversation, Kelly and a guest discuss tips for tax strategizing as a business owner, highlighting the 20 percent of input that can lead to 80 percent of results.
15:56 - 20:56 (04:59)
Tax strategy
Summary
In this conversation, Kelly and a guest discuss tips for tax strategizing as a business owner, highlighting the 20 percent of input that can lead to 80 percent of results.
ChapterTips for Smarter Tax Strategies
Episode#116 with Kelly Erb - Tax Expert Breaks Down Trump Taxes and Big Businesses Ran by Few People
PodcastMy First Million
The difference between personal and business finances is more clearly defined in a C Corp, with the use of a separate credit card for the corporation.
20:57 - 23:34 (02:37)
Business Finances
Summary
The difference between personal and business finances is more clearly defined in a C Corp, with the use of a separate credit card for the corporation. However, in a COVID world where home and business overlap, it becomes trickier to separate expenses.