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How to Pay $0 in taxes... But Why You Probably Shouldn't...

How to Pay $0 in taxes... But Why You Probably Shouldn't...

FromBusiness Bootcamp


How to Pay $0 in taxes... But Why You Probably Shouldn't...

FromBusiness Bootcamp

ratings:
Length:
14 minutes
Released:
Dec 18, 2020
Format:
Podcast episode

Description

Today I talk about taxes and how you can pay less, but why it's probably not the best idea. Here are a few of the topics we cover:  1) You might not want to kick the can down the road (pay taxes in 2021) 2) Delay purchases if this was your first year & you have losses 3) Section 179, only if you are growing fast 4) IRA, 401K, SEP IRA (April 15th deadline for IRA contributions) 5) AGI (Adjusted Gross Income) if you plan on getting a loan or real estate in the next year   Watch on Youtube:https://youtu.be/xIF98umVqbw
Released:
Dec 18, 2020
Format:
Podcast episode

Titles in the series (100)

Business Bootcamp Podcast is made for small business owners. My name is Mike Andes. I started college at the age of 13 with full intention of going to medical school. I went to school for an MBA and now I own a landscaping company, an Anytime Fitness gym, and 3 online businesses. I share my highs, lows, and experiences being an entrepreneur. You can learn from my mistakes and identify with the day-to-day struggles of a small business owner. Call in or ask a question online and get concrete advice about your company. If you are looking to START, GROW, OR SAVE your business I want to help you! Learn from business people and seasoned entrepreneurs as they share their personal stories and experiences on the interview portion of the show.