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112 \\ Is Your Business Legitimate? Understanding Legitimacy and Tax Deductions
Manage episode 423368319 series 3399967
Conteúdo fornecido por Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.
In this episode, we tackle a common question: Is your business legitimate? I answer a listener's question about business legitimacy and tax deductions, breaking down how to know if your business qualifies as legitimate.
We discuss active vs. passive income, the importance of keeping good records, and how to prove you’re running a real business. Whether you’re investing in companies, earning interest from loans, or just trying to understand what makes a business legit, this episode is for you.
Tune in to get practical tips and advice to make sure your business is on the right track. Plus, learn how to structure your business to capture more deductions. Don't miss out on this informative and helpful discussion!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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