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156 \\ Hidden Tax Benefits of Employing Your Spouse: Smart Strategies for 2024 and Beyond
Manage episode 450165919 series 3399967
Контент предоставлен Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
In this episode, we dive into a big question for business owners: should you pay your spouse out of your business? If your spouse is already helping out or could step in to lend a hand, paying them might actually save you money on taxes!
We’ll break down the benefits and talk about smart ways to pay your spouse—without adding payroll taxes. From saving on travel expenses to contributing to retirement plans, we explore key strategies that can boost your bottom line. Plus, learn about a “secret sauce” strategy called medical expense reimbursement that could be a game-changer.
If you’re looking to keep more money in your pocket and less going to Uncle Sam, tune in for expert tips that can make a real difference in your business finances.
Next Steps:
💰Download: The Ultimate Guide to Reducing Taxes 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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