Episode Details
Back to EpisodesThe Profit Formula to Put More Profit in Your Pockets
Published 6 years, 5 months ago
Description
When moving into the seven-figure bracket, entrepreneurs often experience higher expenses, cash flow issues, and higher taxes. The game changes and a new proactive tax plan is required that takes an offensive and defensive approach. Diane Gardner is an expert tax planning coach and has saved her clients over $3.4 million dollars in taxes. Learn what you need in your seven-figure business to mitigate risk, increase profits and legally decrease your taxes.
During this show we discuss…
- The most productive way to increase your cash flow without increasing your tax flow
- What you need to know about profit planning
- Ensuring you keep more of what I make
- How to put more money in your pocket
- Whey you need separate bank accounts to maximize your profits
- Why deduct your profits FIRST before paying expenses
- How to pre-plan for what you want to accomplish financial goals
- How to get paid more in your business and raise your salary
- How to get paid in your business tax-free
- How to start setting aside profits to retire faster
- How to best evaluate and maximize your retirement programs
- How to use captive insurance to make more money
- How to choose the right entity for your business
- How to avoid tax audits
- Qualified income deduction, what you should know
- How to maximize tax deductions