May 28, 2018
Having a diverse team will help your business, and when it comes to taxes, their knowledge and ideas will save your small business money. Justin and MBA tax planner Chris Mahan from Mahan & Associates discusses cooperative work between all the team players, tax reduction, and the new changes to the Tax Code.
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ARTICLE TRANSCRIPT:
BLOG: Tax Planning Tips for Startups... Make the Tax Code Work for You
TIME INDEX:
00:39 - Tax Planning with Chris Mahan
02:07 - MBA and a Tax Planner?
03:40 - Not Only About Tax, But it’s Also About Making a Better Business
04:26 - Team Players on the Same Side
05:42 - The Top 3 Things a Business Owner Can do to Minimize Tax
07:36 - Using the Tax Code the Right Way
10:15 - Accountability
12:39 - What Process Should Business Owners Apply in Preparation for Tax?
16:54 - What is the Biggest Mistake Business Owners Make re: Tax?
18:16 - What Warnings Are There for Tax Schemes?
21:02 - Different Opinions from Team Members Benefits Business
23:29 - The New Tax Code: Positive or Neutral?
24:29 - The One Question Business Owners Need to Ask
28:47 - Summary
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BIO:
Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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