The 12 Most Valuable Tax Deductions For Small Businesses (Do This Now!)
179K views · Jul 18, 2022 · Education
Comments · 249
@TobyMathis · 4 years ago (edited) · pinned
Claim Your FREE 45-minute consultation to receive business planning tips and asset protection. 👉 <a href="https://aba.link/1b8ca4">https://aba.link/1b8ca4</a>
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@CDGMR1 · 3 years ago
No wonder small businesses stay small when they do their taxes with H&R Block and the rich keep getting richer, because you need to pay a little more to have someone like this guy on your side (advertising you). H&R Block haven’t told me any of this.
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@teslarex · 4 years ago
Great video! Very clearly explained. Not many accountants are this clear and or educated about this.
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@sam_em99 · 4 years ago
So much rich information for free! Thank you, Toby! I did have a question. I noticed you barley mentioned LLCs. Is that because once you set up an LLC, you have the option for elect S-Corp or C-corp as your choice for tax purposes? Is that how it works, and can you switch it up each tax year or once you’re an LLC taxed as a C-corp it remains that way? Thanks again!
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@leslielawton3516 · 5 months ago
I am enjoying your videos. Truly. So much I had my 45 minute consultation call today. I specifically wanted to talk about the cash balance plan. I made this (and other topics of interest) known to the intake person that set up the call. In fact, I emailed the consultant I was paired with ahead of the call to fully explain my situation so that our time could be the most useful. Unfortunately, the gentlemen I spoke with had no idea about cash balance plans. He kept referring to it as a type of 401k plan, which it is not. Anyway, we left it at, he'd speak to others and get back to me. While he was knowledgeable in some areas, he wasn't in my main purpose. Honestly, a bit of a waste of my time. Perhaps the directing of consultants could be better to meet the stated needs of callers. Thanks.
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@1966marmar · 3 years ago
This is the best thing on the internet. I wish I had known this 5 years ago when I became a Realtor. Now how to set it up 😅
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@TruTyrone · 4 years ago
I just found you… and I’m so glad that I did !!! Thank you for getting straight to the point, thank you for being so thorough. I appreciate you ✨ I just subscribed!!!
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@MichaelDillin · 3 years ago
Great info. You sound like my tax advisor 👍😁🤣
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@Ryan-be4wo · 1 year ago
Your channel is vital listening for anyone running a small business or wanting to start one. I've watched many of your videos now but have yet to see one specifically on types of business insurances a small business would need. I'd love to see a breakout of critical insurances every small business needs to have. Thanks for all the great content.
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@dcmiracles17 · 3 years ago
What paperwork is required to have “accountable plan”?
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@levicoleman1895 · 1 year ago
Thank you for sharing the information Toby!!!!
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@hugoreyes5133 · 2 years ago
Great information.<br>I clueless all about tax.<br>I'm glad I found you, I'm educating myself from your videos.<br>Tanks much
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