If you are in business, if you have a side hustle, if you're trying to grow your business,

and you don't understand how to structure your business, you are going to lose a lot of money.

Today's department is the tax department. As soon as you go out and start to spend money on a business

or an idea to generate income, you've got to strategically think about how to save our money here.

And that happens while you're making the money, not after the fact.

The biggest question that we get in tax is like,

what can I write off?

If you're a small business owner,

anything can be deductible.

Can people write off their car payment,

a portion of their car insurance?

You're entitled to that deduction

because you had to spend money on it.

Which they don't freaking teach you. This episode, I believe, is worth $23,000 minimum.

This information we're going to share is what cost me to figure it out.

I've been an entrepreneur since 2016, and in 2019, that was the first year I did my first six figures.

I made a little over $100,000.

Did my taxes in 2020. We all know what happened in 2020. And my tax bill was $23,000.

That was all the money I had to my name. So the year I made the most money in my life, I had to

reset and almost go broke. I didn't pay the tax bill right away, and that was because

crazy stuff went down. But this was an alarming indicator that I needed to learn tax strategies

for my business because I know that there's a way. You know, like you should keep more of the

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