The biggest tax planning mistake business owners make is assuming tax strategy happens automatically.
This tax planning mistake shows up when business owners know the rules but never implement them correctly, especially with retirement tax planning and self-directed IRAs.
Many business owners believe their tax planning is handled because they have discussed deductions, entity structure, or retirement accounts with an accountant. In reality, most tax planning for business owners fails at the implementation stage.
As 2026 approaches, this tax planning mistake becomes more expensive. Missed deductions compound, retirement money stays locked inside inefficient structures, and business owners lose long-term tax flexibility.
This guide explains where tax planning breaks down, why retirement tax planning is a major blind spot, and how self-directed retirement accounts fit into a proactive tax strategy.
Tax Strategy vs Tax Compliance: The Tax Planning Mistake Business Owners Make
Tax compliance focuses on filing accurate tax returns based on past activity. Tax strategy focuses on planning and implementing decisions before the year ends.
Many business owners rely on tax compliance and assume tax strategy happens automatically. This is one of the most common tax planning mistakes.
When tax strategy is not actively implemented, business owners experience:
- tax strategies discussed but never applied
- deductions missing from the tax return
- poor documentation for legitimate write-offs
- increased audit and penalty risk
Effective tax planning for business owners requires proactive execution, not passive filing.
Why Retirement Tax Planning Is a Major Blind Spot
Retirement tax planning is one of the most overlooked areas in business owner tax planning.
Many business owners misunderstand retirement tax planning because they rely on brokerage guidance instead of reviewing IRS retirement account rules directly. These accounts limit investment options and rarely explain alternative strategies. As a result, business owners believe retirement money must stay in stocks, ETFs, and mutual funds.
Self-directed retirement accounts work differently.
A self-directed IRA or self-directed 401k allows business owners to invest retirement funds into:
- real estate
- private businesses
- lending and notes
- alternative investments
Traditional platforms do not promote self-directed IRAs because they do not support them. This leaves many business owners unaware of legitimate retirement tax planning opportunities.
Self-Directed IRA Rules: What You Can and Cannot Do
Self-directed IRAs provide flexibility, but they follow strict retirement account rules. The IRS focuses primarily on prohibited transactions and personal benefit, as outlined in the IRS rules on prohibited transactions.
Business owners can use a self-directed IRA to:
- invest in real estate or private deals
- participate in syndications or lending
- pool retirement funds with other retirement accounts
Business owners cannot:
- personally use retirement-owned property
- perform labor on retirement-owned assets
- hire themselves or close family members
- receive direct personal benefit from the investment
Understanding self-directed IRA rules is critical. Contribution limits, eligibility, and account rules are defined in IRS Publication 590-A, not by financial institutions. Violating prohibited transaction rules can eliminate tax advantages and trigger penalties.
Why Implementing Tax Strategies Matters More Than Knowing Them
Knowing tax strategies without implementing them is the root of most tax planning failures. Information alone does not reduce a tax bill.
Successful tax planning for business owners requires regular planning reviews, coordination between the tax advisor and tax preparer, confirmation that strategies appear on the tax return, and documentation that supports each deduction. Without implementation and documentation, even legal strategies provide little protection.
Implementation is what turns tax strategy into real tax savings.
How Business Owners Can Fix This Tax Planning Mistake Before 2026
To avoid this tax planning mistake, business owners must take ownership of execution. This includes separating tax strategy from tax compliance, reviewing retirement account options annually, understanding self-directed retirement account rules, actively implementing tax strategies, and documenting every retirement and deduction strategy.
Proactive tax planning protects flexibility and preserves long-term retirement tax savings. Passive planning creates regret.
TLDR
The biggest tax planning mistake business owners make is assuming tax strategy happens automatically. This tax planning mistake leads to missed deductions, poor retirement planning, and long-term regret.
What matters most:
- tax planning requires implementation
- retirement tax planning is often ignored
- self-directed IRAs expand investment options
- retirement account rules must be followed
- proactive tax planning saves money
Listen to the episode here:
👉 Download the free Tax Savings Starter Kit at TaxSavingsPodcast.com/starterkit to learn how proactive planning helps business owners save $10,000 or more each year.
Transcript
[00:00:00] Mike J: Most small business owners think that they’ve got tax strategy down, but when we actually look at their tax returns, the strategies are missing.
[00:00:06] Today I’m joined by someone I’ve learned a lot from over the years. Mark Kohler. He’s here to expose why entrepreneurs miss out on major savings and how self-directed retirement accounts could be the best kept secret in your financial arsenal.
[00:00:37] Mark, welcome to the show.
[00:00:39] Mark J Kohler: Mike, thanks for having me, man. This is an honor, and if I can just, you know, strategize and shoot the bull and talk tax tips, this is my happy place. So thanks for having me.
[00:00:49] Mike J: Yeah, and like I said, you know, I’ve been following you, mark for a long time when we were talking about that, and so it’s, it’s an honor to have you on here and here, but.
[00:00:56] Common Tax Strategy Mistakes
[00:00:56] Mike J: I wanted to start out with this question because it’s something that I face a lot and I’m sure it’s something that you [00:01:00] see a lot, but working with a lot of small business owners, they, they come to me and they’re like, Mike, I know all these tax strategies and I’m hiring my kids and I’m doing all this and I know this stuff.
[00:01:09] And, you know, they watch webinars, read books and listen to podcasts
[00:01:12] they think they know all this tax planning opportunity, but then when we dig into it, we look at their returns and we start to look at what they have going on and we’re not seeing. The strategies being put into place, overseeing them put into place with no type of documentation or backup.
[00:01:26] And so I just wanted to like from Tax Pro to Tax Pro for our listeners who are a little small business owners, but why do you think there’s such a big gap between knowing tax strategies or knowing of a tax strategy and. Then the actual implementation of that tax strategy.
[00:01:39] Mark J Kohler: There’s an important person in the middle of that whole process called your tax payer, hopefully serves also as your tax strategist, or you have a tax strategist advisor like you quarterbacking the compliance.
[00:01:54] These are terms in the industry, the compliance. Or the tax prep. There’s a lot of times a [00:02:00] disconnect, not only between the entrepreneur and the tax prep, but even the tax advisor and the tax prep. And that’s so sad when that happens.
[00:02:10] The Importance of Implementation
[00:02:10] Mark J Kohler: And so you may be thinking you’re doing all this, but your account’s giving you lip service.
[00:02:16] They’re like, yeah, Mike, we’re doing it. We got it all. And then they go, they think they’re so up on themselves. They’re like, they think I’m protecting my client. I know what’s too aggressive and I know what they really need and they think they’re doing all this, but I’m really protecting them. No, you’re not.
[00:02:33] You’re freaking screwing over your client ’cause you’re scared of your own shadow. I’m sorry. You’re gonna get me all fired up.
[00:02:39] Mike J: Yeah. You know, it’s funny because it’s the same accountant that says that I’m protective is the same accountant that will also say, well write yourself a check two times a year for $10,000 a piece and we’ll mark it down as a 14 day home residential.
[00:02:51] And I’m like, okay. I’m okay with the strategy, but there’s also that implementation piece. And so that’s why I’m always so big on something. Okay, strategy is one [00:03:00] thing, but then Correct implementation. We just implement a strategy and pay ourselves for the strategy or send 15,000 to our kids with no documentation.
[00:03:07] That’s not implementing the strategy, that’s just writing this. You have the concept, but we’re not actually putting, you know, pen and paper on the actual strategy.
[00:03:15] Mark J Kohler: Yes. And so here’s the solution. I’ll just go right to it, Spoiler alert listeners today this is the good news, and you might see it as bad news, but it’s not.
[00:03:24] the good news is there’s a solution.
[00:03:26] Quarterly Tax Planning Solution
[00:03:26] Mark J Kohler: There’s, and it involves you being just a little bit more involved in a quarterly and planning session. With your tax advisor, and if this is your tax advisor that’s maybe not doing the actual tax return, which is fine, they’re outsourcing it or overseeing it, then you need to make sure that, that that tax advisor is.
[00:03:46] Reviewing and signing off on your tax return, and they are your first inmate on your ship. People, you are the captain of your ship. You’ve gotta take ownership of this and once a quarter, certainly once a year, but once a quarter is [00:04:00] almost at mandatory, especially in fourth quarter this time, time of year.
[00:04:03] But you’re gonna have that meeting and say. Here’s the 5, 6, 15, 10 strategies we’re trying to implement. Let’s talk through them. Am I doing the right thing on my side with bookkeeping and moving money? Number number two are you making sure it’s happening on the tax return? And it is so funny to go from one extreme to the other with a crazy Augusta rule to not even writing off enough auto.
[00:04:24] So you need to hold your people accountable. And if they push back, you fire ’em. You do?
[00:04:30] Mike J: Yeah, I love it.
[00:04:31] Introduction to Self-Directed Retirement Accounts
[00:04:33] Mike J: Now, mark, one thing we haven’t been talked a ton on our show about, you know, you’ve been one of the biggest voices in this space and this is self-directed retirement accounts. You know, a lot of people, I don’t think they really understand what they are, what that even means.
[00:04:43] So break it down some for a little bit. What does self-directed retirement account mean, and why do you think it’s just such a special tool for not only business owners, but just individuals alike?
[00:04:52] Mark J Kohler: Yeah, so the concept of self-directing your retirement account what Wall Street would like you to think this means is that [00:05:00] you could go onto your, you know, fidelity app and you can buy a stock or sell a stock or buy an ETF that’s in Bitcoin or some sort of precious metal or crypto.
[00:05:11] And you can buy and sell and you are in control. You are self-directing. Yeah, that’s Fidelity letting you get on their platform and sell a trade what they make a commission on or allow you to self direct, meaning you are directing what is buying and selling on a given day. That is their definition. The real definition, which they don’t want you to know, is that you can take your IRA Roth ira, simple 4 0 1 KQ cover, save his account, all of those accounts.
[00:05:41] You can direct the investment into alternative assets like real estate. You could loan money, you could invest in a small business down the street. You could buy direct gold and or silver. You could buy and new type of crypto coin token that you would like. You could [00:06:00] invest in an LLC to go do a real estate development or a hard money loan or anything like that.
[00:06:05] The problem with Fidelity and Merrill Lynch or Schwab does not tell you that, is that they don’t have the platform or make a commission on it when you do. So, real self-directing is saying, I’m gonna roll my Roth iron array or my leftover 401k from a prior job into a custodian or trust company that allows me to actually invest in what I really know best.
[00:06:27] And now I’m off to the races and I’m getting better returns, investing in what I know and taking true control from my retirement account. And the examples go on and on.
[00:06:37] Mike J: Yeah, no, that makes sense. And you brought up a point of, you know, rolling over a 401k, whatever it might be. So for those that maybe were an employee somewhere and have a 401k point at that employer, or for those that are currently employed by someone putting money into their 401k, do they have the ability to self-direct in, in both of those scenarios where they can self-direct if they wanted to in their retirement [00:07:00] accounts?
[00:07:00] Mark J Kohler: No. Now, and let me explain why now that you all know what it means, and hopefully that was a little surprising or shocking. And one example might be Peter Thiel, who invested in PayPal and Facebook and used his i a that had $5,000 in it in January of 2020 and now it’s worth $3 billion or more.
[00:07:22] And the stories go on and on of people taking their Roth IRA or 401k of a few thousand dollars. Investing in startups or syndications. Again, property, whatever you want. There’s no penalty. There’s no tax. You’re just using a platform that allows, allows you to do it, and not the typical Wall Street platform.
[00:07:40] Okay?
[00:07:40] How to Self-Direct Your Retirement Account
[00:07:40] Mark J Kohler: So if that’s what we want to do, getting to how we do it is the next step. The accounts that you’re allowed to do this in. R that old 401k from an employer. ’cause you can roll it out to an IRA. All of you listening today can fund your Roth IRA this year. I don’t care if you make a million dollars a year.
[00:07:58] There is no income [00:08:00] limit when you use the backdoor Roth IRA funding mechanism. It’s legit. Everybody does it, and accountants all the time do not understand how the processing works. So you can fund an IRA. Your, take your old 401k and have complete autonomy to invest it in an IRA format the way you want crypto whatever, you know, I bought XRP last year in my Roth, IRA, holy crap.
[00:08:25] So anyway, anything like, like that, it’s so fun. Your current employment where you’re with a four 401k there, you’re gonna be locked down to the broker dealer that sponsored that plan with your employer. You’re only gonna be to invest in whatever options they give you until you quit. Or fired, retire, whatever.
[00:08:47] Then it rolls out just like that old 401k that was sitting around before, right? If you’re entrepreneur, you can set up a 401k that does allow that. But again, the captive Wall Street markets have most large employers locked [00:09:00] down. But use an entrepreneur. You can set up your own 401k and invest whatever the hell you want.
[00:09:03] Mike J: Yeah, that makes sense. And we could do a, Multiday seminar, and I know you guys do them on self-directed accounts specifically, but just to help our audience understand what are some of the kind, the major, you can’t invest in these types of things. You know, if we’re looking at investing in a, a self-directed account, what are some of the, the top ones that people.
[00:09:21] Try to sneak past or, or think that they can do, but absolutely cannot do.
[00:09:26] Mark J Kohler: Well, Mike, that’s a great question and let me give you a couple ones you can’t do and then some that you can’t, that might surprise you.
[00:09:33] Prohibited Transactions and Rules
[00:09:33] Mark J Kohler: On the can’t list, it’s not so much what you can’t invest in, it’s who you can invest with or what deals your IRA will do.
[00:09:43] It’s prohibited. Parties are more than prohibited assets. For example, you could buy a rental property for your kids at college. College, rent it to their roommates, blah, blah, blah. Wonderful tax strategy, do all the time. But if your IRA buys higher rental properties, which you can do, and we’ve got clients that buy [00:10:00] rental properties every day in their retirement account and get an incredible ROI.
[00:10:05] They just can’t rent it to their own children. They can’t rent it to their parents, right? And they can’t use it either. So if your IRA buys an Airbnb, you can’t go stay on it. They can make great money doing an You can’t start a business with your Roth IRA or your 401k, and then hire a family member or hire yourself.
[00:10:24] You can hire others. You could do a fix and flip. You just can’t be the one doing the rehab. Though. Your retirement account can do all these incredible investments. It’s just you can’t try to benefit it somehow by you using a getting aid or your children or parents and their spouses. That’s millennial rules.
[00:10:43] Practical Examples and Success Stories
[00:10:43] Mark J Kohler: But, so the fun things you can do our kids have all pooled our Roth I together and we several crypto scenes with our retirement accounts. And so we’re crypto money making mine every night, every four hours we get paid under nice hash. It’s a great app for that. And we get that. Our retirement account, I [00:11:00] bought, I’ve got a rental property in my retirement account right now out in Chicago Cash Flows.
[00:11:04] It’s actually owned by my health savings account. Patty, my wife, I, I just took our just health savings account and combined them at an LLC and went and bought, we have about 23 cows in a herd out in rancher to Utah, and we’re selling those. We’re suffering ma grass fed beef hormone fed free inside a retirement account or health savings account tax free.
[00:11:26] And so we’re doing deals that are so incredible that we have connections with that when we can make great money and it’s so doable. People just don’t realize the power. They really have power.
[00:11:36] Mike J: Yeah. No, that’s so cool and super powerful. And I guess the question on that is, can there be, can you be active in that activity at all?
[00:11:43] So let’s look at the short term rental. Rental as an example. If you’re the one that’s managing bookings and kind of handling the day to day, doing the cleaning day of that short term rental, is that something that could be purchased in a retirement account directed account? No.
[00:11:55] Mark J Kohler: So you could not do the daily manage management and the [00:12:00] repairs and all that.
[00:12:01] Now you can form the LLCC. You can write checks, you can make decisions. You can go shop for that Airbnb retirement accounts. You can buy it through that LLC, or you may pool against several family members retirement accounts and buy that Airbnb now. But that’s it. Some people go, well, if I can’t be the manager of the Airbnb, Airbnb, it’s not worth it.
[00:12:21] I’m like, whoa, whoa, whoa. You give someone 10%, you still make great money. Well, yeah, but I just don’t make as much. Yeah, okay. But compare that to buying some mutual fund et f where you’re making 8%, 10. Can you make more than that and still pay someone to manage? Yeah, do it. Don’t worry that you can’t be the hands on active and that deal.
[00:12:45] You can still be hands on active in your personally held short term rentals, not just in your retirement rentals.
[00:12:51] Mike J: Love that.
[00:12:52] Costs and Setup of Self-Directed Accounts
[00:12:53] Mike J: So talk to me a little bit about the cost and setup, because I think a lot of people are like, oh, this sounds great. I wanna try doing this, I want, I want to [00:13:00] invest some things and my own retirement account and, and have more clarity.
[00:13:03] But they think that they gotta have, you know, hundreds of thousands of dollars for it to make sessions from a cost perspective and, and a bit more of a hassle. And just put money in an account and don’t have that, your financial advisor to do whatever you wanna do with it. So talk to a little bit, a little bit about the operations of that, what that looks like From a cost perspective,
[00:13:21] Mark J Kohler: it’s cheaper than having a financial advisor.
[00:13:24] Our trust company, all the trust companies out there, self-directed fund. This year we’re gonna, we’re ordering over 3 billion in clients and money that’s is in alternative assets of what they know best, but we do not take a percentage of it. We do not manage it, we do not get paid to manage your money itself directed.
[00:13:44] You’re, you’re directing it yourself, so the fees are extremely low compared to what you might could be used in Wall Street and what Warren Buffett complains about the fees buried in retirement accounts. So it’s very, very affordable and simple. But the process would be, [00:14:00] okay, I’ve got 10 grand, five grand, a hundred grand.
[00:14:04] Maybe you pool some money together. So an example is last year just bought eight grand of X RRP at my Roth. IRA Roth, which has been 300%. I got lucky. Yes, it’s do your own research people. But I, you know, I quadrupled almost that eight grand. I didn’t need a hundred grand. I didn’t need a hundred million to open.
[00:14:24] The account was 400 bucks. If I can open an account, move my Roth irate and fund it, whatever, there’s no tax, no penalty, nothing. You’re just switching from Merrill to Fidelity to ira. So directed ira.com can go there and check it out and open an account within minutes and be self directed in gold, silver, whatever you want.
[00:14:49] But it either as low as five grand or 500 grand. And the more money you have, the more options you have, of course. But sometimes you’ll form an LLC for. The other accounts to get the leverage you [00:15:00] want.
[00:15:00] Mike J: Yeah.
[00:15:01] Self-Directed 401k for Small Business Owners
[00:15:01] Mike J: So if, if I have a small business owner that might be listening to this, and let’s say a small business owner says, I love this, what my staff all kind of in this type of mode where they, they’re all for this type of self-directed food.
[00:15:13] In three free, a business owners start a 401k that they allowed. Adult direct directing for their employees? Or is that just something that’s typically not gonna be available before, especially like those 15, 20 employees, something like that?
[00:15:25] Mark J Kohler: Yes. Yes and yes. And every day and twice on Sunday, our 401k Safe Harbor Plan, just like 98% of American have employers and say, per plant is what we have at our company.
[00:15:39] In a self directed, oh, you just wanted to go buy just stock. Go bonds and mutual funds. Okay. Stock yourself account. Here’s the app. Go buy Tesla Stock. Buy stock, whatever you want. Oh, you want go invest in your sister’s cupcake. A company or your brother-in-law’s brew truck. Okay. Let’s go. You’re money over here and you’re self direct [00:16:00] directing, so, and there’s no broker dealer fee to do it.
[00:16:04] So you get to invest in small business or real estate, whatever that really you want. And you can do it right inside the four gate. Now anybody listening your deadline. To open safe, safe Harbor 401k and for 2025 was back in October doing solo 401k for the next four or five weeks up until about the first part of December.
[00:16:26] But then January you could transition your safe harbor plan if you’re player into a self directable safe harbor. And let me form on you the minute, the literal minute you call your current broker dealer. Your investment advisors can go, Hey, I’ve decided I want, wanna self-direct? They’re gonna do this.
[00:16:47] What? What? You can’t do that. Oh my God, it’s just the worst thing in the world. Rip, rip, rip. You’re crazy. You don’t want to do that. They’re gonna talk you out of it and make it a nightmare for you. It’s not that you can’t do it, it’s they [00:17:00] can’t do it. They can’t. You have now ripped a million dollars, $2 million.
[00:17:04] You look at those funds that are management, most investment advisors over a 401k or they make 1% themselves. So if you know that is a big deal when you say, I’m gonna pull my 401k and go somewhere else, they just lost money. So what do you think they’re gonna say? Holy crap. So just be prepared for the person that you’re gonna have to rip it out of their cold hands when you get that 401k into a platform where you get to know what you do.
[00:17:30] Mike J: Yeah, no, I, I love this. And I think it’s just something that so many people don’t know much about. It’s just ’cause it’s not talked about is, and you’ve kind of iterated on the point. Why isn’t it talked about these people, people don’t want them doing it, especially financial advisors, which are protecting, but I think it’s, it’s super powerful.
[00:17:46] Close up this idea of self directed accounts. Is there situations where you see somebody and, and you say no, and self-directing is not a good tool for you? Just ’cause maybe the way they, they, they manage their finances, something like that. Is [00:18:00] there more, a little bit more leg work, a little involved at all in the investor standpoint or the holder of the account standpoint?
[00:18:05] Or is there situations where you talk. Need someone you’re like, Nope. Self-directed, not gonna be a good fit for you.
[00:18:10] When Self-Directing May Not Be Suitable
[00:18:10] Mark J Kohler: For sure. And I’ll use, use an example like a rental property. I know you’re a fan of your short term rentals as well as long-term rentals. They makes some sense. They wonder this is how the rich gets richer.
[00:18:20] It’s how you build tax free cash flow But some people just are not built for it. You just know like you’d be a train wreck, maybe go invest in a REIT or invest in a syndication, but this person owning their own rental property would be a disaster. Right. Well, it’s the same thing here. If you don’t have the skillset intellectually or the time.
[00:18:42] To manage your retirement account. You with the type of investments that you believe in, and you’re busy. You’ve got young kids, you’re taking care of an elderly parent, you’re scaling in your current business, or you’ve got some demanding W2 job. Okay? Just remember what we talked about today.
[00:18:59] [00:19:00] When the time comes, you can unleash your energy and time to get focused on this and get double dig returns in your retirement account year after
[00:19:09] Mike J: year. Love it.
[00:19:10] Getting Started with Self-Directed Accounts
[00:19:10] Mike J: So for those that wanna get started in the self-directed space, whether they have current accounts or to startup accounts where, where can they reach out to you and learn more about it and get an account set up and start down on that process of this?
[00:19:21] You bet.
[00:19:21] Mark J Kohler: First thing is just ate yourself a little. The more education you have, the less fear or apprehend you’ll have or concern. And we’ve just got done with our semi-annual conference three weeks ago. Where we have attorneys, we find financial advisors and CPAs could come and go, oh my gosh, this has been a revelation to me in my career and I’ve helped so many my clients.
[00:19:43] And they said, I just have to apply myself a little to learn this. So, the first place is our podcast. We have an incredible podcast. Guess what it is directed. IRA podcast. Hundreds of shows over the last 10 years. Go check it out. We start from the basics up with the first [00:20:00] 10 episodes. If you go back to that, the beginning, that would be great.
[00:20:03] Some suggestion. Number two, the best selling book on this is the directed I a handwritten. It’s my law partners book. Fantastic. It’s not as good as my books, but if you find me, I’ll sign up for you. It’ll be worth a little bit more, but it’s called the Direct IRA Handbook and it’s great. Then number three is get to the direct ira com website.
[00:20:22] We’ve got webinars. We have webinar this afternoon, webinar. Live Webinar. Webinar. We have webinars every month. We’ve got links to all sorts of articles and books. We have live chat. You can look at all the different type of account types. No one our next step, we have do events every six months somewhere in the country.
[00:20:39] So you, you just get exposed to this. No one wants you to rush in. And half cocked on this. Be, be patient and spend a little time here, and I think you’ll be pleasantly surprised at what you find.
[00:20:50] Mike J: Love it.
[00:20:51] Conclusion and Final Thoughts
[00:20:51] Mike J: Well, that’s a wrap with Mark Kohler. If of the accounts sparked your interest, it might be time to take a second look at your financial future and really start to dig into them.
[00:20:59] And [00:21:00] if you found this helpful. Don’t forget to hit subscribe, hit that like button and share with a business owner who’s sick of paying too much in tax. If you want help from our team of tax professionals implementing various different tax strategies, visit us at Tax Elm, that’s T-A-X-E-L m.com, or click the link into the description for a free discovery call for we are helping people like you legally lower your tax bill every single day.
[00:21:21] Mark, thanks again for coming on. Love, love the content you’re putting out and really appreciate you.
[00:21:25] Mark J Kohler: Mike. Thanks for having me, and thanks for all the work you’re doing to help our country with tax.
[00:21:30] Speaker 3: Thanks for tuning in to the Small Business Tax Savings Podcast. We hope today’s episode sparked some brilliant ideas to help you save on taxes and grow your wealth. If you loved what you heard, hit the subscribe button and share the wealth with fellow entrepreneurs. For a treasure trove of tax saving resources, visit tax Savings podcast.com.
[00:21:53] There you’ll find tools, guides, and all the info you need on reducing your taxes. Let’s elevate your [00:22:00] business to new heights together. Remember the insight shared here for educational purposes and not specific tax or legal advice. Always consult with a qualified professional for your unique situation.
[00:22:11] Until next time, keep thriving and saving.