Tax Savings Strategies for Business Owners Under QBI Regulations

Mitchell says that small business is the best tax deal in America, and in today's episode he expalins why! He outlines 10 ways business owners can take advantage of tax credtis, deductions, legal entities, and investment vehicles to lower their taxable income in the business and on their personal returns. Some of these hacks are simple, others are complex, so if you need advice on whether you qualify and how to implement them, reach out to Mitchell's accounting firm Baldridge Financial in the links below.

Mitchell's ongoing Twitter thread on tax savings and personal finance:

https://twitter.com/baldridgecpa/status/1333953486208241665

Get in touch with the show!

Email: show@stupidtaxpod.com

Mitchell Baldridge

Twitter: @baldridgecpa

https://baldridgecpa.ck.page

https://baldridgefinancial.com

Scott Hambrick

Twitter: @hambrickscott

IG: @ogscotthambrick

https://onlinegreatbooks.com

https://scotthambrick.com