Today I'm joined by my good friend, The Tax Goddess to discuss the Profit First system. Shauna Wekherlien's background in helping people legally minimize taxes and maximize savings and focuses on the Profit First system, a financial management approach for businesses and individuals. We explain how this system promotes discipline by prioritizing profit before expenses. Shauna also shares strategies to reduce tax bills legally. #inflation #moneytreeinvestingpodcast #investing #bestadvice #podcast https://lnkd.in/gnzVtuUz
Money Tree Investing Podcast’s Post
More Relevant Posts
-
Helping business owners get ⬆ income by paying ⬇ tax through the same unique, compliant Canadian corporate wealth management structures I use to put more retained earnings from my business in my personal pocket, tax-free
Are you unknowingly giving away tens of thousands of dollars in taxes each year by being too conservative with your passive income and business earnings? For many business owners, keeping retained earnings safe and secure is a top priority, but this cautious approach can often come with a hidden cost—unnecessarily high tax payments. If you’re like many Canadians, you might be trying to save wisely, opting for conservative investments like GICs, only to see nearly half of your hard-earned gains going straight to taxes. This episode unpacks how conservative choices in a corporate structure, while low-risk, can end up holding you back financially. In this episode, Kyle Pearce shares a real-life scenario of an incorporated business owner caught in a “tax trap” from passive income on retained earnings and explores a powerful solution: rethinking how these funds are invested using strategies that offer security without sacrificing growth. By shifting toward tools like whole life policies, this client could see significant compounding growth with far less tax erosion, transforming their conservative approach into one that builds wealth sustainably. Listen in here: https://lnkd.in/eRAj8t34
-
-
🎙️ Exciting News! 🎉 Episod 3: Buy, Borrow, Die of Our Talking Tax Podcast is Live! In this episode, We, Terrence Taylor and (BiG) Al Darnell Jr., discuss the Buy, Borrow, Die strategy for saving on taxes. We explain that the strategy involves acquiring appreciating assets, borrowing against them, and passing them on to heirs. The tax benefits of this strategy include depreciation deductions, interest deductions, and a step-up in basis for inherited assets. We emphasize the importance of understanding the Internal Revenue Code, planning ahead, and taking advantage of legal tax structures. Terrence also mentions his upcoming March 21st grand opening webinar on financial planning. #talkingtaxpodcast #tayloredtax #buyborrowdie #saveabunchontaxes #highlypaidhighlytaxedhighprofile
-
The thirty-eighth episode of the Fry Team Podcast is LIVE! Money Coaching and the Anti-Budget Being able to manage your cash flow is the foundation of building a secure financial future for you and your family. Similar to a yo-yo diet, I've seen many folks try to get a handle on their cash flow by building a budget with all the best of intentions, only for it to feel like a chore to stick to it. So naturally, it inevitably fails, and they're back to square one. It can be a vicious cycle. Maybe the classic budget isn't the way to financial freedom? How do you manage your cash flow in a way that will stick for the long term? I'm excited to be joined by Angie Ross, Certified Cash Flow Specialist and Money Coach, to go into the weeds of the Anti-Budget, and to take a fresh perspective on cash flow management in a way that sticks for the long term. I hope you enjoy!
The Fry Team Podcast
nesbittburns.bmo.com
-
Helping Creative Entrepreneurs and the Creator Economy Founders to Optimize Profitability. Reduce Taxes ▼$150K plus per year Wealth Building, Real Estate Investing, and Asset Protection | Goldman Sachs 10KSB Alum
New Podcast Episode Alert: "Cost Segregation Study: How to Save $100,000s on Your Taxes" is live! Are you maximizing your tax benefits? Dive into the world of cost segregation with me, Catrina M. Craft, and discover how this strategy can boost your cash flow by accelerating depreciation deductions. Perfect for million-dollar coaches and creators looking to enhance their financial strategies and save significantly on taxes. Learn about: - The impact of cost segregation on your tax returns. - How to reinvest your tax savings into growing your business. - Strategic tips for both long-term and short-term rental properties. Ready to unlock more capital for your investments? Listen to the episode now and see how you can apply these strategies to skyrocket your business growth. https://zurl.co/lWVD Want tailored advice on leveraging these tax benefits? DM me to start transforming your business's financial health today! #costsegregationstudies #realestateinvestments
-
Top 1% Growth Leader at eXp helping real estate agents/investors create a residual income stream using nothing more than a real estate license to build a team of agents globally so they can stop trading time for money.
💰💡 Tax Tactics: Wealthy Wisdom! 📊🔍 Ever wonder why the rich are obsessed with taxes? Here’s the scoop: 1. 💸 Preserve Wealth: Rich folks know that minimizing taxes means keeping more of their hard-earned cash. 2. 📈 Smart Strategy: By focusing on taxes, they optimize their financial moves to maximize savings. 3. 🔄 Compound Benefits: Tax-saving strategies compound over time, magnifying their wealth-building power. 4. 💼 Business Boost: Entrepreneurs leverage tax strategies to reinvest in their businesses, fueling growth. ~ FLA #106 | How to Protect Your Real Estate Investments and Save Money on Taxes! W/Scott Smith ✅FULL INTERVIEW LINK IN BIO ✅ #realestate #realestateagent #realtor #realestateagents #realestategoals #realestatepodcast #realestatepodcasts #realestatebroker #realestatelife #realestatemarketing #podcast #realtorpodcast #realtorpodcasts #business #realestateinvesting #wealthbuilding #investing #passiveincome #assetprotection #tax
-
🎙️ New Episode Alert! 🎙️ Ever feel like tax debt is holding your rural business back? 😟💸 Don't let it overwhelm you! In our latest episode of "The Rural Bookkeeping Podcast," we're diving into strategies for managing Tax Office debt—and trust us, it’s a must-listen! 🚜💼 From applying Profit First principles to negotiating with the tax office, we’ve got the tools you need to tackle that daunting debt head-on. 💪📊 Tune in now to discover how you can turn those tax troubles into financial freedom! 🌾✨ #taxoffice #debt #debtsnowball #strategicbookkeeping #profitfirst #cashflow #condobolin #smallbusiness #businessdebt
-
-
🚀 Ready to level up your investment game? Tune in to the latest episode of The Hemlane Hustle🎙️Join us as we chat with Matt MacFarland and Amanda Han, the dynamic duo from Keystone CPA. Discover how to boost your rental income, learn their inspiring journey into real estate, and uncover game-changing tax savings tips. https://bit.ly/4bUHrFn 💡 👉 Don’t miss out on these invaluable insights! #HemlaneHustle #RealEstateInvesting #TaxStrategies #PodcastAlert
-
-
💸 Ready to unlock the secret to mastering your finances? 😎 Don't miss this episode with the overlooked tax tip that could change everything! Tune in now and watch your wallet smile: https://lnkd.in/ekJ24Eae 🎧✨ #FinanceGuru #TaxTip #PodcastFun
Mastering Your Finances: The Overlooked Tax Tip You Should Know
https://www.youtube.com/
-
How much of your lifetime earnings is taken away in tax? 🇳🇿 We explore just how much of your hard-earned income is claimed by taxes. From income tax and ACC to GST and indulgence taxes, you’ll be surprised at the total 🍹📉 Curious about the real impact of taxes on your salary and why those in the lower income brackets face a steeper challenge? Tune in to our full episode for all the insights. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
