AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
20min chapter
GENIUS Tax Advice For Business Owners ft. Matt Bontrager | The Dept. Ep. 027
The Dept. w/ Omar El-Takrori
Maximizing Business Tax Deductions and Financial Management
This chapter emphasizes the 51-49 rule for travel expenses to be deductible, the tax deductibility of luxury items like a Rolex for business purposes, and the significance of tracking business expenses for tax deductions. It also discusses the importance of separating personal and business finances, the complexities of tax deductions for buying versus leasing vehicles, and the value of seeking expert advice for proper financial management as a business owner.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode