Tax Write Offs : The Right Way - Carter Cofield

Social Proof Podcast

Social Proof Network

Business, Entrepreneurship

4.9 • 2K Ratings

🗓️ 28 December 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

This is a clip from TAX Season : The Truth About The IRS - Episode #203 w/ Carter Cofield

You don’t have to be afraid of the IRS! When we strategize and seek out the right advice on how to Tax PLAN properly, it can be an extreme difference to the bottom line of our businesses. Carter Cofield, CPA, PFS, joins us to GIVE THE GAME on how to win the tax game.

Teaching Entrepreneurs How to Live Tax- Free is Carter’s specialty and in this episode we discuss :

- How to transform your personal expenses into business expenses.

- Where start if you don’t have good bookkeeping systems in place for your business.

- The major difference between an LLC and S- Corp ( how you can save a fortune by switching your status).

- Capital Gains : Long Term Vs. Short Term ; what we need to know about how to navigate this game.

- The truth about Charitable Deductions ; how to balance your heart to give vs. strategic giving.

- TAX FREE LIVING : What it does and doesn’t mean and how your tax strategy can help you build generational wealth.

And so much more!

*Grab Carter’s TAX FREE LIVING E-BOOK with this link*

https://www.taxfreelivingbook.com/ebook?affiliate_id=3492897

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Transcript

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0:00.0	You are tough, you're resilient and unstoppable.
0:03.2	I mean, it's in your DNA.
0:04.7	Even when they told you no, you didn't stop until you got a yes.
0:07.9	And that's why you should be proud of all the things that you've accomplished up until this point.
0:12.3	Every day you work hard to conquer challenges, making the impossible happen.
0:16.0	And tomorrow, next week, next month, and next year,
0:18.9	you're going to continue to do it over and over again.
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0:29.6	What's up, family?
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0:45.8	that make every step feel fly.
0:47.7	I remember wanting the two tone Rolex.
0:51.2	It was beautiful, jubilee band.
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1:00.9	the elegance of the person wearing it.
	...

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