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#396 OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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I Love Taking This Extra Cash and Putting It in a Retirement Account

If you're a business owner and you're using your credit card for points, you should be using those points to travel personally. If I pay for business travel from the business, I get a business right off, I get an expense for that. And if this is extra cash coming in the door that you otherwise did plan for, don't go spend it,. Don't buy the big screen TV, go put it in your retirement account.

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