The Dept. w/ Omar El-Takrori cover image

GENIUS Tax Advice For Business Owners ft. Matt Bontrager | The Dept. Ep. 027

The Dept. w/ Omar El-Takrori

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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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