In this video, Nick Huber and Mitchell Baldridge, CPA, discuss tax efficiency and things you can do to defer and pay less taxes.  From section 179 to QSBS to retirement accounts, they cover the things you MUST KNOW if you run a small business. If you want to learn more about Nick and Mitchell’s tax related companies, check out RE Cost Seg, Tax Credit Hunter and Better Bookkeeping.   Timestamps: 03:13 - S-Corps 08:14 - QBI optimization 14:50 - Bonus Depreciation 21:20 - Section 179 and car mileage 30:11 - Mega Backdoor ROTH 33:55 - ERC Tax Credit  39:09 - R&D Tax Credit 41:14 - 45L Tax Credits 42:40 - Donor Advised Funds 47:07 - “The Augusta Rule” 48:41 - SALT Cap Workarounds 51:03 - Q&A   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Special thanks to the sponsors: https://www.betterbookkeeping.com - End to end tax and financial service for founders and soloprenuers https://Recostseg.com - Lower your taxes and increase cash flow https://Taxcredithunter.com - Helping businesses claim millions in tax credits   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Join my Real Estate community here: https://sweatystartup.com/rec   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/  Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/