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13min chapter
GENIUS Tax Advice For Business Owners ft. Matt Bontrager | The Dept. Ep. 027
The Dept. w/ Omar El-Takrori
Tax Savings Strategies for Small Business Owners
The chapter delves into various tax-saving strategies for small business owners, particularly focusing on the benefits of filing as an S corporation to reduce self-employment tax, with examples of potential savings for those earning around 50 thousand dollars. It highlights the significance of understanding tax advantages and planning for retirement, emphasizing the importance of seeking expert advice to maximize savings and benefits in business financial planning.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode