Apr 5, 2017
Today we are joined by “Your Tax Coach” Diane Gardner, a Certified Tax Coach and best-selling author whose proactive planning approach helps clients dodge the tax bullet. Her tax coaching sessions have resulted in a combined savings of over $890,000 to-date — hard- earned profits small business owners would have given to the government by overpaying taxes.
Diane’s expertise lies in the area of tax planning. Her goal is to make sure successful entrepreneurs across the United States are paying the least amount of income tax they can legally pay. Diane gives away some great information to help every business owners drastically pay less in tax.
02:33 – The big difference
between your average accountant versus a “tax coach”
04:14 – Big mistake that cost
business owners and professionals thousands
05:15 – Understanding business
entity types
08:04 – Guidelines and deciding
factors in determining the kind of business entity
11:02 – Having extra strategies in
place for growth, stability, and security
13:17 – Differences between Tax
Preparation, Tax Projection and Tax Planning
17-09 – How to determine a
reasonable salary
19:30 – Tax benefits for hiring
family members
22:21 – Importance of choosing the
right retirement plan
24:51 – Top tax deductions that most
business owners and professionals miss out
26:57 – Wrap Up
Tweetables:
“Planning your way to a lower
tax liability is where the magic starts happening.” – Diane
Gardner
Resources: