Small Business Tax Savings Podcast
Business:Entrepreneurship
Send us a text
Do you want to know how to maximize tax savings for your small business? On this episode, of the Small Business Tax Savings Podcast, Mike provides answers to listeners’ questions about small business taxes and strategies to get the most out of every dollar.
Mike Jesowshek delves into topics such as utilizing baseline tax strategies, advanced tax strategies, deducting advertising expenses, understanding the taxation of assets within an irrevocable trust, taking advantage of charitable contributions, and more.
Discover strategies for back taxes and penalties related to S Corporations, such as fixing it moving forward or starting fresh in 2023 with fees and penalties. Get all this helpful information and more in this episode of the Small Business Tax Savings Podcast.
Tune in now and don’t miss the opportunity for tax savings!
[00:01] Maximize Your Tax Savings To Go Beyond The $500, 000 Business Loss Limitation
[04:27] Tax Implications of Irrevocable Trusts Explained
[10:50] Strategies For Taking Reasonable Salary And Avoiding IRS Red Flags
[17:49] Closing Segment
Key Quotes
“If you're a high-income earner, what we talk about when we look at tax planning, tax strategies, this idea of baseline tax strategies. Baseline tax strategies are available to business owners at all stages of all income levels.” – Mike Jesowshek
--------
Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax
IncSight Packages: https://incsight.net/pricing/
Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale
-------
Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
--------
To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com
Buy, Borrow, Die Paradox: How The Rich Get Richer Using Debt
The TRUTH about 1099 Reporting for Business Owners
How to Write Off Your Home Office Expenses and SAVE BIG
Master Health Tax Hacks for Small Biz Success in 2024!
The $2M Yacht Tax Write-Off That Triggered an IRS Audit
30+ Tax Write-Offs You’ve Never Heard Of | The Ultimate Tax Write Off Guide
How I Saved An Agency $15,000 In Taxes (In 12 Months)
Beneficial Ownership Information (BOI) Reporting | What You Need To Know
S Corps, Gym Membership Deductions, Solo 401(k)s, and Family Hires: Listener Q&A with Mike Jesowshek CPA
The Work Opportunity Tax Credit Pays You 40% of Wages!
Mastering Remote Team Success: Strategies for Effective Hiring and Management
How ANY Business Owner Can BEAT The IRS In 15 Minutes
Capitalization Policies & Depreciation Explained: Essential Tips for Business Owners
Why You Shouldn't Be an S Corporation In 2024
Supercharge Your Retirement with These Advanced Plan Options
Tax Savings Mid-Year Check: Essential Strategies for Small Businesses
Debunking Common Myths About Employing Your Children!
Listener Q&A with Mike Jesowshek CPA
Understanding the Qualified Business Income Deduction for Small Business Owners
Can Small Business Owners Write Off Gym Memberships on Taxes? [2024]
Create your
podcast in
minutes
It is Free
Make Me Smart
Tax Chats
WSJ Your Money Briefing
NerdWallet’s Smart Money Podcast
The Indicator from Planet Money