Strategies for Turning Active Income into Passive Income and Maximizing Deductions

Taxes eat up a chunk of most people's income. What if there are ways to keep more of what you’ve earned? In this episode, Russ, Joey, and CPA Mark Perlberg discuss the top mistakes entrepreneurs and business owners make that make them pay unnecessary taxes. 

If you are eager to know how to protect your income, consider implementing the ideas that could reduce your tax bill this year or the next.

Top three things you will learn: 

1. The different types of income
2. Strategies to help you stop paying unnecessary taxes
3. When does it make sense to hire an accountant or bookkeeper?

About Our Guest:

Mark Perlberg is a CPA whose mission is to provide clients with the most powerful tax strategies, business insight, and support to grow their businesses, build wealth, and achieve financial freedom.

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Connect with Mark Perlberg, CPA:

• Website - https://www.markperlbergcpa.com/

Free Financial Strategy Call: 

https://www.wealthwithoutwallstreet.com/freecall

Apply to Join the Passive Income Mastermind:

https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join the Community:

https://www.wealthwithoutwallstreet.com/community

Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios 

Take the Financial Freedom Analyzer:

https://wealthwithoutwallstreet.com/quiz

Discover Your Path to Financial Freedom: 

https://www.wealthwithoutwallstreet.com/passport

Know Your Investor DNA:

https://go.wealthwithoutwallstreet.com/investordna

Invest with The Land Geek:

https://www.thelandgeek.com/

Invest with Your Friends and Family:

https://www.tribevest.com/wwws

Accounting Made Easier for Your Business:

https://quickbooks.intuit.com/

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