In this YouTube Live episode with Ms Business, we break down essential tax strategies to help you legally avoid and lower your taxes. Learn the secrets that the wealthy use to reduce their tax liabilities and keep more money in their pockets. We’ll cover important topics like business taxes, corporate tax rates, and how to maximize your deductions to save thousands.

You’ll get valuable tips on leveraging deductions like Section 162 for business expenses, retirement contributions, health savings accounts (HSAs), and tax credits like the Earned Income Tax Credit and Child Tax Credit. We also explain how to reduce your taxable income through investments in municipal bonds, starting a business, and taking advantage of long-term capital gains.

Whether you’re a business owner, investor, or individual taxpayer, you’ll discover actionable steps to minimize your taxes. We also cover advanced strategies like cost segregation and bonus depreciation, showing how you can maximize your savings through real estate investments.

If you’re tired of overpaying in taxes and want to learn the secrets the rich don’t want you to know, this episode is for you!

#Taxes #TaxSecrets #BusinessTaxes #TaxDeductions #EarnYourLeisure #CostSegregation #RealEstateTax #FinancialFreedom #taxstrategy

0:00 Intro
3:43 The Cycle of Reducing Taxes
9:11 Types of Tax Deductions
17:01 The Differences between Tax Entities
24:23 What Qualifies as a Deduction?
35:18 Vehicle Deductions
45:54 Hiring your Children
54:04 Maximizing your Roth IRA & Planning your Retirement
1:05:16 Real Estate & Cost Segregation
1:11:18 Estate Taxes
1:15:34 Outro

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