The Small Business Tax Savings Podcast is designed specifically for small business owners. We focus on tax savings and ways to have a financially sound back bone to your small business. Our goal is to have you paying the least amount in taxes as legally possible.Hosted by by Mike Jesowshek, CPA, this is a quick hitting podcast aimed to get you important information without all the fluff. You can find episodes, blog posts, information on our software TaxElm and more on our website: www.TaxSav ...
…
continue reading
In this podcast we talk about three things: 1. Tax tips, hacks, and strategies to help your business keep more of what you make; 2. Accounting education (to help you with #1); and 3. Business strategery - it takes more than numbers to have a successful business. My goal? Your business grows and you decide to use us to help you do your books. Let's GO!
…
continue reading
1
SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions
Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
Are you unsure of what to do with your business finances? Are you scared you might do something that causes the IRS to come after you? Do you lack confidence in knowing if what you’re doing is correct? Are you desperate for answers for all of your financial questions? In this podcast, you will find financial knowledge and systems to set you free from the mass confusion of small business finances. My mission is to help equip you to have a financially successful small business through financia ...
…
continue reading
Welcome to Tax Talk, your go-to bi-weekly podcast for valuable small business tax strategies. Join CPA/Attorney Brad as he uncovers insights that could potentially save you $10,000 or more on average, while Army veteran and entrepreneur Josh challenges his conventional tax wisdom, asks the questions everyone is thinking, and tries to find legal ways around the tax laws. Schedule time to discover your tax overpayments --> https://calendly.com/exponential-lee/30min
…
continue reading
1
The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education
Dave Denniston
Helping Physicians Slash Their Debt, Slash Their Taxes, and Live a Liberated Lifestyle
…
continue reading
Each week we will take a look at the most pressing questions that Small Business owners have about taxes, accounting and general business.
…
continue reading
Welcome to "SMARTEN UP!" a podcast aimed to help business owners navigate the complex tax and business landscape. Host Sally Preston simplifies complex tax and business matters for business owners to help them make smart decisions when running their businesses. Expert guests will help navigate financial, tax, and legal issues that are essential for business success.
…
continue reading
An educational podcast to teach you about how taxes affect your business and personal lives and how to lower your tax bill. Taxes affect every area of life, from buying a house, trading stocks, trading NFT/Crypto currency, operating a business, and even giving birthday gifts. We are here to help you understand the complexities of the tax code. Disclaimer: The purpose of this podcast is for educational purposes. Please consult with your accountant, financial advisory and other resources befor ...
…
continue reading
The Essentials on State Business Taxation. A podcast series providing what you need to know to operate effectively in a particular state.
…
continue reading
1
Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks
Chris Panek - CPA, Business Strategist & Business Coach For Entrepreneurs Growing Their Business
Should I be doing my own bookkeeping and accounting? Is QuickBooks the best software for me to use in my business, or is there another accounting software I should be using? What’s the best way for me to process my payroll? How can I track my money and cash flow? How do I prepare for my business taxes? What do my financial statements really mean? How can I bring my business to the next level? How can I grow my business? What is the best way to create my business strategy? Should I start a si ...
…
continue reading
1
EverydayCPA Show | Business Owners | Self-Employed | Households | Tax | Budgeting | Savings
Kelly Coughlin, CPA, CEO, EveryDayCPA
Strategy, Tax, Accounting and Risk Management. You have entered the world of accounting. The place where business dreams and financial reality collide into things like journal entries, debits, credits and financial statements. . EVERYDAYCPA podcasts, helps you and your business better compete, better succeed and win, baby, win!
…
continue reading
1
Empire Tax Professionals: Tax Tips for High-Earning Business Owners and Entrepreneurs
Rachel Michaelov
Welcome to Empire Tax Professionals: Tax Tips for High-Earning Business Owners and Entrepreneurs, the go-to podcast for savvy business owners and entrepreneurs looking to maximize their deductions and stay compliant with tax laws. Hosted by licensed tax expert and Entrepreneur Rachel Michaelov, this podcast covers a wide range of topics including tax planning, bookkeeping, sales tax, tax preparation, payroll, and tax planning for high-income businesses. Rachel Michaelov is licensed in all 50 ...
…
continue reading
Let’s dive into why an LLC is generally more beneficial for tax write-offs than a sole proprietorship. Why Choose an LLC? Liability Protection: Safeguard your assets. Tax Flexibility: Benefit from options like S Corp election. Business Credibility: Enhance your branding and build business credit. Both structures allow you to deduct business expense…
…
continue reading
1
110 \\ Paying Yourself: Mastering W2 Salaries and Equity Distributions for Business Owners
19:41
19:41
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
19:41
In this episode, we dive into a big question many business owners have: How much should you pay yourself? We'll break down the rules from the IRS on wages and equity distributions for S corporations. You'll learn what "reasonable compensation" means and how to figure out the right amount for your salary. Plus, we'll discuss how to take extra cash o…
…
continue reading
1
Understanding the Qualified Business Income Deduction for Small Business Owners
23:24
23:24
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
23:24
Send us a Text Message. 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 inc…
…
continue reading
1
205: Automate Your Bookkeeping Process Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Owner, Or Self-Employed
19:14
19:14
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
19:14
Whether you are a business owner or a bookkeeper, you’ve probably heard about automated bookkeeping. Automated bookkeeping uses artificial intelligence, or AI, as well as machine learning to help speed up your bookkeeping tasks. In today’s podcast episode, I dig deeper into what automated bookkeeping is and how you can start utilizing these practic…
…
continue reading
1
29: Strategic Tax Planning: Thinking Beyond This Financial Year
23:37
23:37
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
23:37
Discover how your financial decisions today impact your tax savings tomorrow with our in-depth look at long-term tax planning. Welcome to another insightful episode of Smarten Up! The Tax and Business Podcast. Today, we're diving into a critical yet often overlooked aspect of financial management — long-term tax planning. While end-of-year tax stra…
…
continue reading
Send us a Text Message. Unravel the financial entanglement of personal and business expenses with me, Eric Bonney, as we navigate the essential practice of maintaining distinct accounting records for your entrepreneurial endeavors. With nearly three decades of experience, I break down the barriers to clear and professional financial management that…
…
continue reading
1
[REPLAY] S4, Episode 19-Creating a Passive Income=FREEDOM with Scott Bossman from Land Bosses
58:26
58:26
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
58:26
Welcome, my friends to another episode of Freedom Formula for Physician's Podcast. I have been sharing my own financial experiments with you, and it's been great having guests on the podcast that I've met through those financial adventures. Today my guest is Scott Bossman, another land-flipping colleague of mine, who shares his own experience in wh…
…
continue reading
As a business owner, you can lower your income taxes by employing your minor children. Here are 5 practical ways to integrate your kids into your business: 1. Wash Company Vehicles: Instead of paying for a car service, hire your kids to clean your business vehicles inside and out. This will teach them the value of hard work and save you money. 2. C…
…
continue reading
Ensure your business loan payments are correctly accounted for! Learn how to separate principal and interest for potential tax savings and accurate balance sheets. Need help? Visit bigbirdaccounting.com for expert bookkeeping services. #businessfinance #loanpaymentaccounting #taxsavings #bookkeeping #smallbusiness #financialmanagement #bigbirdaccou…
…
continue reading
Learn more about what they are, why they appear on your balance sheet, and how they impact your business. Keep your business finances in check with expert bookkeeping services. Visit bigbirdaccounting.com to book a free consultation today! #accountingtips #retainedearnings #taxhacks #financialeducation #businessgrowth #cashflowmanagement #bookkeepi…
…
continue reading
Suppose you’re one of those people who PAID to create a TAX ID number in the past. You have to watch this! You DON’T NEED to pay for any services to get this done. Need help with your books? Visit www.bigbirdaccounting.com and join our team today! #bookkeeping #businesssuccesstips #accountingtips #smallbusiness #entrepreneurlife #financemanagement …
…
continue reading
Simplify your business success with just THREE BANK ACCOUNTS! Setting up these accounts saves time, avoids headaches, and runs a more legitimate business. 1. Income Account: Track all your income easily in one place. 2. Expense Account: Manage and monitor your expenses seamlessly. 3. Tax/Rainy Day Account: Keep your tax funds separate and secure at…
…
continue reading
1
109 \\ The IRS Wants Their Money: Navigating Missed Estimated Tax Payments
11:08
11:08
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
11:08
In this episode, we dive into what happens if you miss an estimated tax payment. We explain if there are penalties, interest, or other consequences. We also share tips on how to get back on track if you miss a payment or didn’t know you needed to pay estimated taxes. We’ll help you understand why the IRS wants their money and how to avoid extra fee…
…
continue reading
1
204: What Can You Control Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
7:35
Hey there, I’m Chris Panek, Certified Public Accountant, Certified Coach, and the host of the Mastering Your Small Business Finances Podcast, and I want to welcome you to the thirteenth episode of a new series I’m doing on this podcast. My intention is to drop one of these additional episodes every Monday while I continue to provide you with the re…
…
continue reading
Tax hack #52 - How to deduct travel from work? At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccoun…
…
continue reading
1
[REPLAY] S4, Episode 18: [Physician‘s Fireside Chat] with EJ from Dad‘s, Dollars, & Debts
40:05
40:05
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
40:05
Our next guest is a cardiologist from Northern California… and you guessed it- he is also a…. blogger- another blogger I found courtesy of the extremely lengthy blog roll from PhysicianOnFire. He’s someone who is really passionate about his family and is playing around with the idea of retiring early but doesn’t seem quite sure yet. So, we’re going…
…
continue reading
If your bookkeeper does this you should run. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounti…
…
continue reading
1
108 \\ Maximize Your Refund: How to Catch CPA Errors Costing You Thousands
15:20
15:20
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
15:20
In this episode, we uncover the tax secrets that could save you thousands of dollars! Your CPA might be missing crucial deductions that can reduce your tax bill. We dive into real-life case studies to show you what to look for on your own tax return. Learn how one client saved $37,000 by making smart adjustments and another avoided losing $111,000 …
…
continue reading
3 ways good bookkeeping has made me money. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting…
…
continue reading
1
Can Small Business Owners Write Off Gym Memberships on Taxes? [2024]
16:06
16:06
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
16:06
Send us a Text Message. Have you ever wondered if your business can deduct the cost of an on-site gym? In this episode, Mike focuses on the tax deductibility of gym memberships and on-premises athletic facilities for small businesses. He clarifies that personal gym memberships are not deductible, with rare exceptions for fitness instructors. Howeve…
…
continue reading
1
203: Building Confidence In Your Bookkeeping Skills Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Or Owner
19:21
19:21
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
19:21
You want to be able to rely on your financial statements so that you can make smart business decisions, but how do you get these accurate financial statements? You need to account for all the money coming in and going out of your business. You need to ensure that you have all your entries in your business recorded. You need to make sure that you ar…
…
continue reading
How to account for business loans. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.com. Ta…
…
continue reading
1
Who’s your bookkeeper 2 - Royal Mortier.
29:51
29:51
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
29:51
Who’s your bookkeeper 2 - Royal Mortier. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.c…
…
continue reading
1
28: Navigating The Inevitable – Death and Taxes
23:41
23:41
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
23:41
Grim but essential — don't let death and taxes blindside you or your loved ones. This episode covers key tax questions to ask when drafting a will, acting as executor, or receiving inheritance. Death and taxes — two certainties in life that intersect when someone passes away. tax implications can significantly impact the assets and wealth you leave…
…
continue reading
1
107 \\ Reduce Your Tax Liability: Legitimate Ways to Pay Your Kids
15:20
15:20
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
15:20
In this episode, we dive into a smart way to save on taxes by paying your kids for legitimate work in your business. Learn the right and wrong ways to do this, from tracking their hours to giving them age-appropriate tasks. We’ll cover everything from simple chores like taking out the trash to more skilled work like video editing. Discover how to m…
…
continue reading
1
202: How Do You Know If You Are Making The Right Decisions Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, VA, Owner Self-Employed
8:24
Hey there, I’m Chris Panek, Certified Public Accountant, Certified Coach, and the host of the Mastering Your Small Business Finances Podcast, and I want to welcome you to the twelfth episode of a new series I’m doing on this podcast. My intention is to drop one of these additional episodes every Monday while I continue to provide you with the regul…
…
continue reading
How to write your cell phone off as a business expense. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigb…
…
continue reading
1
S4, Episode 17-Discovering the Challenges and Successes of Being Married to a Physician with Lara McElderry [Married to Doctors.com]
45:25
45:25
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
45:25
My friends, in this show, I try and dig deep to find interesting people. Our guest today is not a doctor, but she is married to one. She is married to a surgeon and she is on a mission to help other physicians. Help them to understand their path and what it is like to be married to a physician. She and her husband got married before he started his …
…
continue reading
Tax hack #73 - Make everything about business. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccoun…
…
continue reading
1
106 \\ Maximize Your Tax Savings: When and How to Start Tax Planning
14:05
14:05
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
14:05
In this episode, we dive into the world of tax planning and help you figure out if it's the right time for you to start. We'll explain the difference between tax preparation and tax reduction, and why they matter. Learn the key signs that show you're ready to start saving on taxes and discover some simple strategies to keep more of your hard-earned…
…
continue reading
The biggest expense with the least upside. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting…
…
continue reading
1
Unlocking the Secrets of Meal Expense Deductions for Small Businesses in 2024
17:24
17:24
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
17:24
Send us a Text Message. Ever wondered how to save on taxes with your business meal expenses? In this episode, Mike Jesowshek discusses the ins and outs of meal expense deductions for small business owners. He explains how these deductions can turn after-tax spending into pre-tax spending and outlines the criteria for deductibility. Mike emphasizes …
…
continue reading
1
201: Taking Risks Impacts Your Mental Health Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Or Business Owner
20:48
20:48
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
20:48
Did you know that entrepreneurs or business owners have a greater risk of struggling with their mental health than non-business owners? Taking the leap to start your own business, investing your finances, and pushing yourself to reach the goals you set for your business can all contribute to these more significant risks. Your mental health is a big…
…
continue reading
Step 1 of business asset protection. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.com. …
…
continue reading
1
Who’s your bookkeeper 1 - Moses Man.
37:05
37:05
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
37:05
Who’s your bookkeeper 1 - Moses Man. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.com. …
…
continue reading
1
27: EOFY Tax Planning 101: Strategies to Reduce Your Tax Bill
22:03
22:03
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
22:03
As the end of the financial year approaches, are you leaving money on the table by not taking advantage of tax planning strategies? In this episode, Sally walks you through a ton of useful tactics to slash your tax bill and keep that hard-earned cash money where it belongs - in your pocket, not the ATO's. She breaks it all down into simple, easy-to…
…
continue reading
1
105 \\ How to Optimize Your QBI Deduction: A Guide for High-Income Professionals
12:30
12:30
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
12:30
In this episode, we dive deep into the Qualified Business Income (QBI) deduction, a special tax break for business owners. Introduced in 2018, QBI lets you cut your income by 20% on your taxes if you meet certain rules. We'll break down these rules, explore who qualifies, and share some smart tips for high earners to make the most of this deduction…
…
continue reading
1
200: Overcome Stress And Thrive Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner Or Self-Employed
11:21
11:21
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
11:21
Hey there, I’m Chris Panek, Certified Public Accountant, Certified Coach, and the host of the Mastering Your Small Business Finances Podcast, and today we are celebrating our 200th podcast episode. I wanted to create this landmark episode on a topic that the majority of the clients that I work with are struggling with, and I have a feeling you’ll b…
…
continue reading
One of the first things I do when I start a business. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbir…
…
continue reading
1
[REPLAY] S4, Episode 16-[Physician Fireside Chat] Doctorpreneur, Survivor, Physician Edna Ma-Part 2[ednama.com]
56:18
56:18
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
56:18
Our next guest is a board-certified anesthesiologist working both in academic/private hospitals in Los Angeles. She is an entrepreneur, an author and a mother of two, and a wife. Where does she find the time? In an attempt to raise money for her start-up, she accepted the challenge and opportunity to compete as a castaway on the hit reality TV show…
…
continue reading
What is a P&L? At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.com. Talk to you soon!…
…
continue reading
1
104 \\ S Corp or Personal? Mastering 1099 Income for Business Owners
10:23
10:23
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
10:23
In this episode, we dive into a common issue many professionals face: managing 1099 income when you have an S corporation. If you're getting paid personally instead of through your business, it can lead to big headaches with the IRS. We'll cover the best practices to ensure your earnings are properly accounted for and discuss strategies to avoid au…
…
continue reading
1
6 ways to write off your car at tax time.
22:36
22:36
Прослушать позже
Прослушать позже
Списки
Нравится
Нравится
22:36
6 ways to write off your car at tax time. At Big Bird Accounting we do bookkeeping, and we do it well. If you’re looking for any of the following: Make/keep more money; Save on taxes; Grow your business Give us a call so we can show you what we can do. Just click the link and set up a time for your free strategy session - https://bigbirdaccounting.…
…
continue reading