47: Effective Tax Strategies for Entrepreneurs with Shauna Wekherlien

22/04/2024 39 min Temporada 2 Episodio 47

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Episode Synopsis

In this episode of "Work It, Live It, Own It," host SaCola Lehr welcomes Shauna Wekherlien, an expert accountant renowned for saving clients over $1 billion in taxes. Shauna shares her expertise on maximizing tax deductions for entrepreneurs, including the strategic use of the "aggression scale" for risk assessment in claiming deductions. She offers practical advice on employing family members, including children, to achieve tax benefits, and discusses the deductibility of personal expenses when they intersect with business needs. The episode is a deep dive into tax strategy, aiming to empower business owners with knowledge to minimize tax liabilities.Mentions in the episodeIRS: 00:02:11Profit First Accounting System: 00:28:22Cash Goblin App: 00:31:23Shauna's Books: 00:38:38Books written by ShaunaReady to join the WLO community to receive exclusive updates? Click the link: https://workitliveitownit.com/Follow SaCola on Instagram:  https://instagram.com/workitliveitownit  Subscribe to Work it, Live it, Own it! On YouTube: https://bit.ly/2lxB1TS

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