22min chapter

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

CHAPTER

Benefits of Setting Up an LLC for Business Owners and Tax Advice

The chapter highlights the importance of setting up an LLC for business owners to separate personal assets from business assets and protect against liability. It provides tax advice, discussing deductions, expenses, and changes in tax laws, emphasizing the significance of tracking spending and maximizing deductions. The conversation also delves into strategies for wealth-building, such as leveraging debt for investments and separating personal finances from business income.

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