96: Unveiling Effective Tax Strategies for Entrepreneurs with Leland Gross

Boosting Your Financial IQ

Welcome to the Boosting Your Financial IQ podcast with host Steve Coughran. In this episode, we have a special guest, Leland Gross, Founder of Peace Link Financial Planning, as we dive into the topic of "Unveiling Effective Tax Strategies for Entrepreneurs." We explore crucial aspects that go beyond tax implications, such as how your entity structure and tax election impact your business in various ways. Leland sheds light on the importance of avoiding commingling funds and establishing robust financial processes to maximize legitimate tax deductions. Additionally, we discuss valuable strategies entrepreneurs can employ to leverage tax-deferred retirement vehicles. Through informative insights we guide our listeners towards effective tax planning that not only minimizes liabilities but also sets them up for long-term success in their business.
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