Keep More of Your $150K+ Business Income: Tax Strategies That Work | Teaching Tax Flow Ep. 139Chris and John break down essential tax strategies for business owners earning over $150,000 annually. Learn how to legally reduce your tax burden and keep more of your hard-earned income through proven planning techniques.KEY TAKEAWAYS:• Why $150K is the strategic planning threshold for business owners• Home office deduction: Your gateway to deductible business miles• Retirement plan contributions: Keep your money while reducing taxes• Income shifting strategies for family members• S-Corp election: When the pizza buffet analogy makes senseEPISODE BREAKDOWN:• Understanding Marginal Tax Rate vs. Tax Brackets• Behavioral Tax Strategies (No Additional Cost Required)• Home Office Deduction Benefits & Requirements• Retirement Planning for Business Owners• Family Income Shifting Opportunities• S-Corporation Election: Pros, Cons & Pizza Buffets• Advanced Strategies for $500K+ EarnersBEHAVIORAL STRATEGIES COVERED:• Home office deduction optimization• Strategic retirement contributions• Family member employment planning• Proper record keeping and trackingDON'T FORGET... Here's our favor to ask of youStep #1 - Subscribe to our YouTube Channel Step #2 - Join our private Facebook Group Step #3 - Visit the TTF HUB Also, check this out, "Teaching Tax Flow LIVE: Tax Strategies for $150K+ Business Owners"SPONSORED BY:Reps TrackerSpecial TTF discount at https://www.teachingtaxflow.com/repsUse code IFG for a discount!
(00:02) - Tax Strategies for Business Owners Earning Over $150,000

(10:02) - Maximizing Tax Benefits with Home Office Deductions

(12:57) - Behavioral Strategies for Retirement Plan Contributions and Tax Savings

(15:08) - Tax Efficiency Through Income Shifting and Strategic Planning

(21:27) - Understanding S Corp Elections Through a Pizza Buffet Analogy

(24:15) - Tax Strategies and Compliance for High-Income Earners

(29:36) - Tax Planning Resources and Community Engagement

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