Shows
Tax Reduction PodcastEpisode 51. Cost Segregation For DentistsInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Cost Segregation for Dentists: Your accountant told you that you can't use a cost segregation study on the building you own because of passive loss rules. If you're a dentist or any medical professional, your accountant is wrong. In this podcast, I break down exactly why the passive loss rules don't apply to you and how you can take a massive depreciation deduction this year using cost segregation in 2026.I had a dentist ca...
2026-03-1308 min
Tax Reduction PodcastEpisode 50. How to Pay Yourself as an LLC Owner in 2026Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!How to pay yourself as an LLC owner in 2026 — I break it down in 3 simple steps. Whether your LLC is taxed as a sole proprietorship, partnership, S corporation, or C corporation, I walk you through exactly how to pay yourself from your LLC the right way.I cover the four ways your LLC can be taxed and what each one means for how you take money out of your business. I explain the diff...
2026-03-0611 min
Tax Reduction PodcastEpisode 49. How to Use Trump Accounts as a Business ExpenseInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Trump Accounts are a brand new tax-advantaged savings account for children, and most business owners have NO IDEA they can use this as a business tax deduction.In this podcast, I break down exactly how Trump Accounts work, how you as a business owner can contribute up to $2,500 per year to your employees' children's Trump accounts as a 100% tax-deductible business expense, and how to combine this with hiring your own children in the bu...
2026-02-2711 min
Tax Reduction PodcastEpisode 48. Trump to Eliminate Income Tax For Business OwnersInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Is Trump really eliminating income taxes for business owners? The short answer is no, but the One Big Beautiful Bill Act that passed on July 4th, 2025 made MASSIVE tax changes that directly benefit S corporation owners and small business owners right now. In this podcast, I break down exactly what's law versus what's just a proposal, why economists say eliminating income taxes won't work, and the 3 tax strategies for 2026 every business owner needs to know ab...
2026-02-0611 min
Tax Reduction PodcastEpisode 47. Augusta Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!The Augusta Tax Strategy lets S corporation owners pay themselves tax-free money from their business, completely legal under Section 280A of the tax code. In this podcast, I break down exactly how this powerful Augusta rule tax strategy works, the 5 critical rules you must follow, and how to implement it correctly so you stay on the right side of the IRS.Here's the deal: If you rent your home to your business for 14 da...
2026-01-3006 min
Tax Reduction PodcastEpisode 46. Inventory Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you're an S corporation owner with inventory, you could be missing out on a MASSIVE tax deduction. Most business owners don't know this, but the Tax Cuts and Jobs Act created a loophole that lets you deduct 100% of your inventory - even the stuff you haven't sold yet. Your accountant probably isn't telling you about this.Here's how the old rules worked: You buy $100,000 in inventory, sell $30,000 worth, and you're stuck with a...
2026-01-2308 min
Tax Reduction PodcastEpisode 45. How to Hire Your Spouse Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Today I reveal the hiring your spouse tax strategy that means my client is estimated to save $338,000 in taxes. Most business owners are doing this completely wrong - either overpaying their spouse and crushing themselves with payroll taxes, or missing out on massive tax deductions by not structuring it correctly. In this podcast, I'll show you exactly how to hire your spouse on payroll, what to pay them, what NOT to pay them, and the cr...
2025-10-0313 min
Tax Reduction PodcastEpisode 44. Year End Charitable Donation Tax StrategiesInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!In this year-end tax planning podcast, I cover two powerful charitable donation tax strategies that wealthy individuals use to reduce their tax liability by hundreds of thousands of dollars. If you're facing a big tax bill this year or want to implement proactive tax planning strategies before December 31st, this podcast tells you exactly how to use charitable donation strategies.First, let's talk about the Donor Advised Fund (DAF) strategy. Forget the noise ab...
2025-09-2611 min
Tax Reduction PodcastEpisode 43. $1 Million S-Corp Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you're an S-Corporation owner making over $1 MILLION and you're still using the same tax preparer you started with... you're probably overpaying by six figures.Let's talk about the BIGGEST salary mistake million-dollar S-Corporation owners make that's costing them hundreds of thousands in unnecessary taxes. Spoiler: If you're taking your entire profit as W-2 salary because your accountant told you to "be conservative," you're literally doing the opposite of why S-Corporations exist.
2025-09-1917 min
Tax Reduction PodcastEpisode 42. Intercompany Transfers Tax StrategiesInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you're moving money between your S Corporation and LLC, you need to know these intercompany transfer tax strategies. In this podcast, I explain the right way to transfer funds from your S Corporation to fund real estate investments, new businesses, or other ventures without triggering unnecessary tax consequences. Most CPAs give terrible tax advice about intercompany transfers, telling business owners to transfer money directly from S Corporation to LLC without proper documentation. Thi...
2025-09-1215 min
Tax Reduction PodcastEpisode 41. Real Estate Investing Tax StrategiesInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Did your accountant tell you to "just buy real estate and do cost segregation" to save on taxes? Then they're giving you incomplete real estate tax advice. In this podcast, I explain why buying rental property and doing cost segregation won't actually save you money on taxes without the right real estate investment tax strategy.Here's what happens to business owners and entrepreneurs: You hit six figures in ordinary income, your accountant says bu...
2025-09-0520 min
Tax Reduction PodcastEpisode 40. S-Corporation Distributions vs. W-2 SalaryInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If your accountant is telling you to max out your W-2 salary and avoid distributions, they're literally costing you thousands in unnecessary taxes.In this podcast I’m breaking down why taking high S Corporation distributions compared to your W-2 salary is the smartest tax planning move for business owners in 2025. Most CPAs and tax preparers get this backwards, telling you to increase W-2 wages while avoiding S Corporations distributions entirely.The...
2025-08-2913 min
Tax Reduction PodcastEpisode 39. Dentist Salary vs DistributionInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you're a dentist making over a million dollars and you are NOT working with a Tax Advisor, you're definitely overpaying in taxes.In this podcast with my wife Marianna, we're breaking down the EXACT tax strategies I use with my dental clients to slash their tax bills by hundreds of thousands of dollars. 🤑Everyone in America wants to form an LLC but has NO IDEA how flexible they actually are (espec...
2025-08-2219 min
Tax Reduction PodcastEpisode 38. Use Trusts to Pass Down Wealth Tax-FreeInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Most business owners have no idea how to use the lifetime estate tax exemption — or that it even exists. Right now, the IRS allows you to gift up to $14 million tax-free during your lifetime, but very few entrepreneurs or high-net-worth individuals know how to take advantage of this powerful tax strategy for their wealth.In this podcast, I explain exactly what the federal estate tax is, how the gift and estate tax exemption work...
2025-07-1109 min
Tax Reduction PodcastEpisode 37. Owner Payroll TaxInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you’re a small business owner with an S Corporation, the way you pay yourself can make or break your tax bill. Most business owners overpay payroll taxes because no one ever showed them the right tax strategy. They treat owner payroll like a checkbox which is a big mistake. Your payroll is a tax planning weapon if you know how to use it.In this podcast, I’m breaking down exactly how to...
2025-06-1312 min
Tax Reduction PodcastEpisode 36. Beach Home Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Do you want to buy a vacation home and write it off on your taxes? Whether it's a beach house, ski cabin, or a lakeside condo, the real question isn’t can you deduct it — it’s how to write it off as a legitimate business expense.In this podcast, I reveal one of the most underused IRS-approved tax strategies: turning your personal vacation home into an employee entertainment facility that’s 100% tax deductible...
2025-06-0608 min
Tax Reduction PodcastEpisode 35. 5 Trump Tax Changes for Business OwnersInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Are you a business owner trying to stay ahead of the curve on the latest tax laws? President Trump’s new tax reform has just passed the House, and it brings some game-changing tax updates that will affect how business owners pay taxes moving forward. If you’re not up to date, you could be missing out on massive tax savings, or worse, get caught unprepared.In this podcast, I break down the 5 key ch...
2025-05-3014 min
Tax Reduction PodcastEpisode 34. Tax Strategies for AttorneysInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!If you're a law firm owner or practicing attorney, this tax strategy breakdown is a must for you. Learn how using reasonable compensation can keep your S-Corporation compliant while reducing unnecessary payroll taxes. We also dive into how paying your spouse a salary can unlock powerful deductions and write offs for your business. Discover the benefits of the self rental strategy, a smart move that turns your office rent into a tax advantage. For those pl...
2025-05-2313 min
Tax Reduction PodcastEpisode 33. LLC Tax StrategiesInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!How can LLC owners pay less in taxes in 2025? This podcast breaks down key tax strategies, deductions, and tax savings opportunities for LLCs. Learn how retirement contributions, depreciation, hiring family, and optimizing your business structure can help you legally reduce your taxable income and keep more of your money. We’ll also cover business meal deductions, credit card strategies, and tax-efficient ways to structure your LLC for maximum savings. Understanding these LLC tax planning strategies is c...
2025-02-2718 min
Tax Reduction PodcastEpisode 32. Trump’s Tax Plan: How Business Owners Can BenefitInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!How will Trump's Tax Plan impact YOU; a profitable business owner and entrepreneur? This podcast breaks down key tax strategies, deductions, and tax savings opportunities under his proposed policies. Learn how bonus depreciation, cost segregation, vehicle loans, and research and development tax credits could help lower your tax bill. We’ll also cover Social Security benefits, no tax on tips, and how overtime pay affects reasonable compensation for S-Corporation owners. Understanding these tax planning strategies is c...
2025-02-2013 min
Tax Reduction PodcastEpisode 31. Top 4 S-Corporation Tax StrategiesInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Save money on taxes in 2025 with these top S-Corporation tax strategies! If you're a business owner, using the right tax planning techniques can help you reduce your tax liability, increase deductions, and keep more money in your pocket. Learn how the PTET tax can reduce your state tax burden and how to use reimbursements like the home office deduction and the Augusta Rule to lower taxable income. Take advantage of retirement contributions to bui...
2025-02-1317 min
Tax Reduction PodcastEpisode 30. Backdoor ROTH IRA Tax StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Discover how the Backdoor Roth IRA strategy can help high-income earners enjoy tax-free growth and withdrawals in retirement. In this podcast, we’ll break down how the Backdoor Roth IRA works, why it’s a powerful tax planning tool, and how it benefits business owners and self-employed individuals. Whether you’re focused on tax-free growth, long-term savings, or advanced retirement planning, this approach is a game-changer for entrepreneurs and high-income professionals alike.🆓 Download FREE PDF: 7...
2025-02-0610 min
Tax Reduction PodcastEpisode 29. Pass-Through Entity Taxation StrategyInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Discover how the 2025 Pass-Through Entity Tax (PTET) strategy can help business owners maximize tax savings and reduce their tax liabilities. In this podcast, we’ll break down how PTET works, why it’s a powerful tax planning tool, and how it benefits S-Corporation owners and other pass-through entities. Learn how to leverage state-level tax deductions and create effective strategies for your business to save thousands on taxes. Whether you’re focused on deductions, write-offs, or advanced...
2025-01-3011 min
Tax Reduction PodcastEpisode 28. ROTH IRA For KidsInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Leverage the power of Roth IRAs for kids and discover how business owners can build an estimated $2 million in tax-free income for their children. This smart tax strategy allows you to combine family financial planning with incredible tax savings. Learn how to use your business to fund Roth IRAs for your kids, take advantage of legal deductions and write-offs, and set them up for a lifetime of financial success. With strategic tax planning, you...
2025-01-2312 min
Tax Reduction PodcastEpisode 27. Write off Personal Car in S-CorporationInterested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!Did you know you can write off your personal car as a business expense? Many business owners miss out on this deduction because their accountants don’t suggest it, or they aren’t aware of the benefits. In this podcast, I’ll break down step-by-step how you can claim your personal car as a tax write-off through your S-Corporation.🆓 Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know: https://7taxwriteoffs.com/?el=podcast&htr...
2024-11-2112 min