Episode Details
Back to EpisodesTax Strategy, Early Tax Prep, & Accountability Plans for Business Owners
Description
In this episode, Catrina M. Craft shares expert insights on tax strategies, entity structures, and deductions for entrepreneurs, emphasizing proactive planning and the importance of working with a strategist to optimize wealth building.
"Start planning now before it's too late."
Chapters:
00:00 Introduction to Proactive Tax Planning
02:05 Introduction of Catrina M. Craft and Episode Context
04:06 Using an Accountability Plan for Reimbursements
06:26 Starting Tax Strategies Before Making Six Figures
09:02 Risks of Not Having an Accountability Plan
12:11 The Complexity of the Tax Code
15:13 Difference Between Bookkeepers, Accountants, and CPAs
16:21 The Value of Working with a Tax Strategist
17:18 Upcoming Topics on Charitable Donations
18:33 Encouragement to Follow and Learn More
More Key Takeaways:
*Tax strategy importance for entrepreneurs
*Entity structures and their impact on taxes
*How to properly reimburse business expenses
*Timing for tax season
"It's just like a doctor, you have specialists."
EPISODE #1/10: Unlocking Tax Strategies for Entrepreneurs: January 26, 2026: https://thatentrepreneurshow.buzzsprout.com/737252/episodes/18570362-unlocking-tax-strategies-for-entrepreneurs
EPISODE #2/10: Unlocking Home Office Deductions February 9, 2026: https://thatentrepreneurshow.buzzsprout.com/737252/episodes/18646020-unlocking-home-office-deductions
EPISODE #3/10: Hidden Tax Strategies Revealed: March 9, 2026: https://thatentrepreneurshow.buzzsprout.com/737252/episodes/18814431-hidden-tax-strategies-revealed
EPISODE #4/10: Strategic Family Travel & Tax Benefits: June 10, 2026: https://thatentrepreneurshow.buzzsprout.com/737252/episodes/18814431-hidden-tax-strategies-revealed
EPISODE #5/10: The Top 3 Tax Mistakes Entrepreneurs Make: July 29, 2026: https://thatentrepreneurshow.buzzsprout.com/737252/episodes/19565414-the-top-3-tax-mistakes-entrepreneurs-make
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Show Partner: ComingAlive PodcastProduction.com
Music Credits: Copyright Free Music from Adventure by MusicbyAden.