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How to Pay $0 in taxes... But Why You Probably Shouldn't...

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Manage episode 280439775 series 2394078
Content provided by Mike Andes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Andes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I talk about taxes and how you can pay less, but why it's probably not the best idea. Here are a few of the topics we cover:

1) You might not want to kick the can down the road (pay taxes in 2021)

2) Delay purchases if this was your first year & you have losses

3) Section 179, only if you are growing fast

4) IRA, 401K, SEP IRA (April 15th deadline for IRA contributions)

5) AGI (Adjusted Gross Income) if you plan on getting a loan or real estate in the next year

Watch on Youtube:https://youtu.be/xIF98umVqbw

  continue reading

463 episodes

Artwork
iconShare
 
Manage episode 280439775 series 2394078
Content provided by Mike Andes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Andes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I talk about taxes and how you can pay less, but why it's probably not the best idea. Here are a few of the topics we cover:

1) You might not want to kick the can down the road (pay taxes in 2021)

2) Delay purchases if this was your first year & you have losses

3) Section 179, only if you are growing fast

4) IRA, 401K, SEP IRA (April 15th deadline for IRA contributions)

5) AGI (Adjusted Gross Income) if you plan on getting a loan or real estate in the next year

Watch on Youtube:https://youtu.be/xIF98umVqbw

  continue reading

463 episodes

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