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How To Minimize Your Taxable Income As A Business Owner with Barbara Schreihans
Season 7 · Episode 169

How To Minimize Your Taxable Income As A Business Owner with Barbara Schreihans

Barbara Schreihans, Your Tax Coach, joins Allison this week on the podcast. She shares some awesome nuggets of information on taxable income and your business. You don't want to miss these!

She Believed She Could™ Podcast · Barbara Schreihans, Allison Walsh

October 1, 202418m 32s

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Show Notes

Barbara Schreihans is the Founder and CEO of Your Tax Coach, the Creator of the Write Off Your Life™ Course, and voice behind the Life-Changing Money podcast. She's a kickass tax strategist, business coach, and all-around master when it comes to wealth and finances. Barbara aids business owners and high net-worth individuals in saving tens of millions of dollars in taxes while also growing their profits. When she’s not leading her team, coaching clients or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family and traveling the world.

 

Memorable Moments

“The Internal Revenue Code may as well have been written specifically for business owners, therefore, you have the best opportunity to save money on taxes.”

“What are you already spending money on that we can turn into a business expense? Any opportunity to network, market, or create content leverages your ability to 'write off your life'.” 

“As of 2024, you can pay your own kids $14,600 free of federal tax. This business expense lowers your profit and allows you to save tax money.”  

 

Connect with Barbara

Instagram: @yourtaxcoach

Facebook: @yourtaxcoach 

TikTok: @your.tax.coach

Website - https://yourtaxcoach.com/

Connect with Allison

Topics

write off your lifebusiness coachbusiness financeincrease profitstax coachsmall business accountingsmart moneywealthtax strategy