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114. The 5 Tax Strategies Every Entrepreneur Should Know

Season #10

I’m Amanda Hanquist, The Fit Financial. When we think of taxes, typically all we think about is either owing the IRS or what can I write off so I can pay the least amount of taxes possible. Well today we’re going to give you our top 5 tax strategies that every entrepreneur should know so you aren’t stuck leaving Aunt IRS a tip. 

  1. The Foundation of Business Finance, are you missing anything?
  2. Entity Structure
  3. Qualified Business Income
  4. Retirement Contributions
  5. Charitable Contributions- lots of cool one's in here, so be sure to listen 

Thank you for listening to The Fit Financial. If you liked this episode, please be sure to subscribe and leave a review. Find me on Instagram at the fit financial or if you’d like to know how you can work with us directly, Visit us at fitwealthadvisors.com 

IG: Amanda @thefitfinancial_ 

IG: Shawn @shawnhanquist  

 

The fit financial is brought to you by Fit wealth advisors. Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation.