127: How to Pay Less in Taxes w/ Karlton Dennis
Rich Habits Podcast
Strategic Tax Planning for Business Owners
This chapter explores tax strategies and retirement accounts for business owners, highlighting options like SEP IRAs and solo 401(k)s to minimize taxable income. It also emphasizes the Qualified Business Income deduction, showcasing how strategic financial planning can yield significant tax savings.
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz sit down with Karlton Dennis to learn more about tax-saving strategies.
The strategies shared by Karlton Dennis is this episode can be applied no matter how much you make, as everyone's personal finance situation is different.
They also discuss a handful of the most consequential tax code updates from the One Big Beautiful Bill passed on July 4, 2025.
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