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A Well-Designed Business® | Interior Design  Business Podcast

339: Power Talk Friday: Craig Cody, CPA: The Biggest Mistakes Small Business Owners Make

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Business, Design, Arts

4.8786 Ratings

🗓️ 6 July 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

Welcome to Power talk Friday! Today we're talking taxes and we're really happy to introduce you to our guest, Craig Cody. Craig is a certified tax coach, a certified public accountant, a business owner and he is also a former New York City police officer with seventeen years on the force! Pretty impressive, right! Listen in to find out more!    In addition to being a public accountant for the last fifteen years, Craig is also a certified tax coach to a select group of tax practitioners throughout the country. They undergo extensive training and education on various tax-planning techniques and strategies to become (or remain) certified. With this organization, Craig has co-authored an Amazon best-seller, Secrets of a Tax-free Life. On the show today, Craig discusses the services that he offers his clients, and how he saves them money, tax-wise. He also explains how to develop the right relationship with your accountant, and how to ensure that he's the right fit for your business. Listen in today to hear Craig's awesome advice! Show highlights: Craig and his organization have a really pro-active approach to taxation. Why good relationships between business owners and their accountants are really all about great communication. Some questions that designers who have recently started out in business should be asking their accountants. How proper communication with your accountant can significantly affect the amount of taxes that you will have to pay. How to know if an accountant will be the right fit for yourself and your business. Craig explains the way that he works with his clients. Knowing if your business is healthy enough to hire an employee. How Craig's services help his clients make informed decisions. Craig's kind of pro-activity. Some typical tax-mistakes that Craig comes across. Some awesome tax-rebates for home-office designers. Crazy tax-deductions for working kids! How Craig's services differ from those of other accountants. Craig talks about his book, The Ten Most Expensive Tax Mistakes That Cost Business Owners Thousands. To get your free copy of Craig's book, The Ten Most Expensive Tax Mistakes That Cost Business Owners Thousands Links: Website - Craig Cody and Company Facebook - Craig Cody and Company Twitter - Craig Cody & Company Book - Secrets of a Tax Free Life

Transcript

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0:00.0

Have you heard about the exciting new exhibit by the Black Artists and Designers Guild,

0:05.6

which was commissioned by the Cooper Hewitt Smithsonian Design Museum in New York City?

0:11.1

Big news, right?

0:12.6

The Cooper Hewitt's exhibition is called Making Home, Smithsonian Design Triennial.

0:18.2

Now, the batch designers exhibit is titled the Underground Library,

0:23.8

inspired by the Underground Railroad. The Underground Railroad is the clandestine network

0:28.6

established in the early 19th century through which many enslaved African Americans

0:33.6

traveled in search of freedom. This library installation represents a 21st century sanctuary surrounded by art, objects,

0:43.5

artifacts, and books of black legacy.

0:46.9

In reimagining and repurposing the Andrew Carnegie Personal Library,

0:52.7

badge invites you to examine the power of home libraries

0:56.1

and the significance of literacy, remembering that African Americans were denied the right to read

1:02.3

under slavery. I'm honored to share that Window Works in Livingston was asked by badge to create

1:08.7

the flat panels for the windows. We used a custom design fabric

1:12.5

by badge members, and the fabric was fabricated by Stacey Garcia's team at Libatex. So please make a

1:20.0

point to visit this inspired space the next time you are in New York City. The exhibition runs

1:25.5

from November 24 all the way through August 10th,

1:30.0

2025. So you have plenty of time to get this on your calendar. We will put links in the show notes. Welcome to a well-designed business.

1:50.6

My name is Luann Nigara, and I'm so glad you found this podcast.

1:54.5

Together with my husband Vince and our partner, Bill, we have grown our company Windowworks from the ground up.

2:00.4

So I know and I understand the challenges you face in running your interior design business.

2:06.5

I also know that your talent alone isn't enough to ensure your success.

...

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