Exploring the Qualified Business Income Deduction for Small Business Owners

Taxes can be substantial, taking a massive chunk of your income. The more money you make, the higher your tax liability. Regardless of how much you earn, can you reduce your taxable income? 

Careful tax planning could significantly reduce your tax burden, even if you have a relatively high income. Today's conversation focuses on creative ways to reduce your tax liability legally.

Join Russ, Joey, and the financial freedom coaches as they discuss the following:

-How to effectively reduce the expenses associated with what we spend for our children

-What is QBI, and how do we maximize it? 

-How to use your home for business meetings and qualify for the Augusta Rule

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.

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