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Find Your 1000

TAS 251 : How to AVOID Common Tax Mistakes in Your Business (CPA Guest)

Find Your 1000

Scott Voelker

Email Marketing, Digital Product Creation, Entrepreneurship, Brand Building, Email List Building, Marketing, Blogging, Make Money Online, Business, Online Marketing, Online Business, Passive Income, Start A Business

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 5 September 2016

⏱️ 53 minutes

🧾️ Download transcript

Summary

Running a business is complicated in and of itself. There are all kinds of things you have to keep track of including taxes. There are many common mistakes made when it comes to taxes and on this episode of the podcast, Scott is talking with his friend Josh about the common questions that come to him when it comes to business text questions. Being a CPA, Josh has the actual answers you need in order to do things legally and ethically. You can hear all of these common questions and their answe...

Transcript

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0:00.0

Well, hey hey, what's up everyone?

0:03.0

This is an episode.

0:05.0

Well, hey, what's up everyone?

0:10.0

Welcome back to another episode of the amazing seller

0:13.0

podcast this is episode number 251 and today we're gonna be talking about how

0:19.2

to avoid common tax mistakes in your business and I'm having our good friend Josh Bowerly a CPA

0:26.7

on as a guest to answer these questions and give us some advice because here's the deal.

0:34.0

Since having him on the podcast, which was back on episode 143,

0:38.0

and if you haven't listened to that episode, you probably should.

0:40.4

It was a great episode just before the first of the year, last year, so we did it before tax time.

0:46.8

And he just dropped some really, really great nuggets for us to really understand before going into the tax season.

0:54.6

And I think now is even better than last year because, well, you have time yet to really

1:00.1

prepare your books and all of that stuff.

1:02.2

So I wanted to have them on because since that

1:04.2

episode he's gotten tons and tons of emails and requests and new business

1:10.4

relationships with some of you and a lot of questions a lot of

1:14.2

questions came in from an Amazon or an e-commerce seller and I wanted to have

1:19.4

them back on and say hey Josh like what are the common things that people need to know, that we need to make sure

1:26.4

that they know before thinking one thing, right?

1:29.2

So before they actually go down this road,

1:31.8

let them have a good understanding of like how inventory

1:35.3

works like on your taxes, you know bookkeeping basics right like to keep the books

...

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