How to Keep More of Your Profits: Tax Strategies Every Business Owner Should Know | RMT258

Real Money Talks

In this episode of Loral's Real Money Talks, I am diving deep into essential tax strategies that every business owner needs to understand in order to maximize profits and reduce tax liabilities.

Such as ...

1. Smart Business Deductions: Learn how to categorize more business expenses than just the basics like home office and vehicle expenses.
2. Corporate Compliance and Structure: Choosing the right corporate structure and maintaining the necessary documentation helps you keep more of your money and avoid common mistakes.
3. Avoiding Costly Mistakes: I highlight frequent errors that business owners make when trying to save on taxes, including commingling personal and business expenses.

Say no to leaving money on the table - and remember with the right tax strategies, you can significantly reduce your tax liabilities and keep more profits in your business.

Mentioned Resources:

• Text "PODCAST" to 775-588-9200 for all the links mentioned in the episode.
• Visit AskLoral.com to ask questions and make requests.

Meet Loral Langemeier:

Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.

Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.

The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.

She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.

Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.

She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment.

Links and Resources:

Ask Loral App: https://apple.co/3eIgGcX

Loral on Facebook: https://www.facebook.com/askloral/

Loral on YouTube: https://www.youtube.com/user/lorallive/videos

Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/

Money Rules: https://integratedwealthsystems.com/money-rules/

Millionaire Maker Store: https://millionairemakerstore.com/

Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/

Integrated Wealth Systems: https://integratedwealthsystems.com/

Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates

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