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Navigating Tax Strategies for Entrepreneurs
This chapter highlights the importance of proactive tax strategies for entrepreneurs, distinguishing them from traditional CPA practices focused on basic bookkeeping. It introduces the concept of a 'tax Sherpa' who guides business owners through complex tax considerations, emphasizing retirement contributions and various tax optimization strategies. The discussion also examines the role of CPAs, value-driven pricing models, and offers playful insights into evaluating business ideas.