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112 \\ Is Your Business Legitimate? Understanding Legitimacy and Tax Deductions
Manage episode 423368319 series 3399967
Inhoud geleverd door Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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:
💰 Chop Taxes Now! 💰 https://tiffanytrimstaxes.com/
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> tiffany@thetiffanyphillips.com
📲 Follow me on IG @ the.tiffany.p.cpa
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