15 Biggest Tax Deductions For New Business Owners

Подписаться 793 тыс.

Просмотров 199 тыс.

50% 1

JOIN THE TAX-FREE WEALTH CHALLENGE NOW! AUGUST 5-9 2024!
join.taxalchemy.com/join-thec...
Learn the rich's tax secrets with my new book! Click the link below
ebook.taxalchemy.com?
Taking the Next Step:
📞 Book a Professional Tax Strategy Consultation: www.taxalchemy.com/consultati...
Join the Free Tax Strategy Accelerator Community! ▶ www.taxstrategyaccelerator.co...
Watch this FREE Webinar on How to Cut Your Tax Bill in Half as a Real Estate Investor ▶ join.taxalchemy.com/registrat...
Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! www.taxalchemy.com/consultati...
My Tax Strategy Programs:
Tax Free Living Bundle (47% off): taxfreelivingbundle.com/tfloptin
🏡 Buy Tax Alchemy Rental Loss Program Now: app.taxreductioncompany.com/t...
Book a Discovery Call to Learn More About Tax Alchemy: www.taxalchemy.com/consultati...
Check out these links Below!
Learn How to Self Direct Your IRA or 401k: directedira.com/karltondennis/
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#taxes #taxfreeliving #taxexpert #taxreduction #llc
#taxes #taxfreeliving #taxexpert #taxreduction
Recommended Video For You
• Avoid These MISTAKES B...
Welcome back to Taxes Made Simple.
If you are a business owner, watch this video till the end to avoid overpaying in taxes to Uncle Sam.
So many tax payers are unaware of the savings that are available to them when you properly tax plan, and track your business expenses.
Watch till the end to get the most out of this video, and leave me any questions or comments below.
*Disclaimer: I am not a financial advisor nor am I an attorney. I am a licensed Enrolled Agent. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

Опубликовано:

6 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 267

@torrezzgreen5860 Год назад

Omg he’s so smart, literally the only person I’m going to watch in regards to how to handle my business, bro is giving away free knowledge.

@alexsteven.m6414 Год назад

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

@fresnaygermain8180 Год назад

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

@bernisejedeon5888 Год назад

Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

@bernisejedeon5888 Год назад

My advisor is ‘’Julia Ann Finnicum’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@yolanderiche7476 Год назад

thanks for sharing this, I googled the advisor you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply

@CDollaBillzz 3 года назад

Hey Karlton…Could you make a video or two on tractor trailer companies/business llc’s…As far as write offs,deductions etc?

@karltondennis 3 года назад

I will add to my content list. Thank you for the recommendation

@moonflea1923 3 года назад

Agree with Charles. Love to see info for a Trucking company, especially a single owner operator.

@frankvasquez6300 2 года назад

I agree that would be amazing 🤩

@mahmoudchahir3041 2 года назад

Agree please make some videos about trucking business as 1 truck to a small fleet . keep up the good work!! Big fan from Chicago

@christopherwilliams8902 2 года назад

Yes please do!!!!!! Thanks for the video

@naturalmiaful Год назад

Thank you so much for what you are doing as a business owner I am lost in the tax world and when I get an accountant they never strategize . Even though I see them months before taxes are due they wait to the last minute never talk to me and ruin everything. These videos are an amazing grace and truly appreciate the time you have taken to do them God bless

@kimabney3302 2 года назад

I was very impressed when you ended the session with a prayer. I knew it was something extra special about you. You are a man of God. I will definitely connect for your professional services.

@lefashionist 3 года назад

Whoever's editing the video must be having a blast! I love your videos! I'm learning so much and it puts me at ease that I can rely on your videos to enlighten me on my new business venture.

@JustUdoro 3 года назад

This is now my 3rd or 4th video I’ve watched…my goodness…so helpful!! I need to reach out soon…thank you! 🙌🏾🙏🏾🙌🏾

@eternalGstatus 2 года назад

First time watching your videos! Learned a lot in 19 minutes! Keep doing what you do my brother!

@hangmanfsc 3 года назад

another excellent video, keep em coming!

@amdgarcia17 2 года назад

My mom has an accounting business of over 20+ years, I recently partnered up with her and was having so much trouble understanding everything in depth. How to use what and when. Given my mom is now chronically I’ll and doesn’t have the time and energy to train me as much as I need. (Reason why I partnered with her, she didn’t want to just leave her long term clients but needs to retire and focus on her health) this channel really tremendously has taught me more than i learned through courses and certifications! So thankful for you and your knowledge. Really saving me and my moms business. I want to use this to help our community of entrepreneurs and grow the business with more accounts of high value clients. 🙏🏽🙏🏽🙏🏽

@roshandafergins3662 2 года назад

Thank you, this was delivered in a understandable way for me as a new business owner. I'm excited to be a new subscriber.

@leojoseph6385 Год назад

Gave a Thumbs UP less than halfway through the video! Thank you Karlton for being upfront and clear in your explanations, especially for this guy who is trying to formally establish a business identity/structure on my existing rental property.

@ukalelefpv 3 года назад

Thank you for your videos! Just graduated pharmacy school and am setting up a consulting business and love your videos! Gonna help me for sure!

@celli6501 Год назад

I love how thorough you are in your videos. Thank you for your passion for helping business owners.

@jellyrolltiedyes6588 Год назад

Thanks This is absolutely a great educational channel and I appreciate all the in-depth explanations when it comes to taxes filed in an LLC @C Corp. in an S Corp. I can’t seem to get enough

@marielleibarreta7489 Год назад

Hi Karlton! Did a complete binge on your videos and they are so informative and easy to understand! I do want to as though if you can create a video for new business startups that have not bought an llc just yet because of not making income just yet but just getting things built. Appreciate you!

@davidsimms4073 2 года назад

Yo karlton you have excellent content, top notch info!!!! I'm so glad I found your channel!!! I've been implementing the things I've heard from you and its paid of in spades

@daniellebenning5706 2 года назад

Thanks for this video and quality content! I will need to watch all these vids! Need much help!

@iamchrisknott 2 года назад

watching your videos daily for great info!

@mxtv1258 2 года назад

Hi Karlton, Could you do a video about deduction for those of us who are employees? I think I have done and maxed out everything possible but might have missed something. Thanks and you explain things in an easy to understand way for those of us who are not tax or business experts.

@grasshoppermuzik8228 Год назад

Thank you. For the time effort and experience that you share in order to enlighten countless others.

@frankdestra6576 Год назад

Great content thank you for sharing

@enassociates Год назад

Great video Karlton. You just articulated the deductions I share with my new business owners every year. I wish I could just send them this video.

@Farhad34 2 года назад

Great videos! I personally really appreciate them 🙏

@relaxingnaturesightssounds9480 3 года назад

Wow thank you I will be in touch your content is very educational

@awaljoseph1144 3 года назад

Thank you for the content. Wish I knew this earlier, but not too late.. Thanks

@skhonouta Год назад

Karlton, Love your content. No one explains these things better then you. As a new business owner in 2023, your videos has been helpful and informative, even thou this qas made a year ago. Keep up the good work.

@JeffEmalaba Год назад

Excellent video and really appreciate you for the time and effort to put these together. Keep it up bro

@daviddelpolito7067 Год назад

Thanks for the information

@uuartistry426 2 года назад

I love your content and appreciate all the advices:)

@xiouyoba 3 года назад

Awesome content thanks for sharing.

@zohargross462 2 года назад

Great info!!! Great job 👏

@staciadasinga 2 года назад

Great Video! Very helpful indeed!

@robertfields9954 Год назад

Thank you for sharing all this great information

@khaledkassem8913 Год назад

You r the best I did learn a lot from u keep doing the good work

@ricardohernandez886 Год назад

Really appreciate your video

@tamirajohnellestyle 2 года назад

Excellent Content!

@nathanielopper2033 Год назад

you just told me do much stuff that i have never heard before. liked and followed

@dingoboexplore 3 года назад

I'm always watching your videos with my mouth open.... Trying to make sense of all this information

@finefauxjeweler9208 3 года назад

Excellent information. Thank you

@eddiemanley9628 2 года назад

Thanks for this information, it’s helpful for sure

@gwend7268 2 года назад

I just want to say thank you …u have taught me a lot I’m a start new business n the information in every video gives me hope to succeed in my business

@aheadoftheclass1718 2 года назад

Not sure how I found u but playa I gotta say u dropping straight knowledge!!! Of course u know I hit the bell.. Definitely appreciate you helping us lil guys without charging....

@SJ-wf3lp 2 года назад

Wow, this was awesome and so helpful!

@WillTomBrunet Год назад

Thank you Karlton

@janicemoreau2167 Год назад

You are so awesome! Thank you 😊 your clear and concise!!

@DustinBrayley Год назад

Thank you!

@MRAKRYTEPACKLIKE Год назад

Extremely helpful sir

@fatimaandsamia4446 2 года назад

Great informational video.

@jamiekirk7227 2 года назад

That was an awesome video!! Thank you! I am in need of a knowledgeable CPA.

@cristianruiz3598 2 года назад

Loving the channel, much love & support good content 🙏👌

@polg0003 3 года назад

great job, thank you

@miguelitord9297 Год назад

This channel is very helpful

@LafataBros 3 года назад

Great video!

@jarretbyrd1 3 года назад

Your tip on extending business trips until at least Monday was worth it's weight... My wife & I are really getting value out of your channel, and I look forward to working together.. Blessings from Vancouver, WA (by way of So Cal!) - JB

@omcasanova 2 года назад

Dude, thank you for providing great info. 😃👍

@semperdecorus37 Год назад

I just happen to stumble upon your channel and I just wanted to say thank you 🙏

@timbutler5921 3 года назад

Thanks for the info

@pregina85 Год назад

So much value!!!!

@SoManyChildren Год назад

your awesome man!!

@tarasco5150 Год назад

Thanks karlton for your tax info. Very useful information not one of my tax guys have ever given any of this info. Greatly appreciated👍

@lovinghawaii2010 3 года назад

I wish I would have heard your content when I first started .....you are a true professional.

@user-ks6qq3le3e 3 года назад

°°Thanks for watching°°° °°°endeavour to write a review for guide°°°°+1 ( 7 3 2 ) 9 5 5 - 7 1 8 7•••

@jesseperales8646 Год назад

I like to say you did a outstanding presentation keep the good job.

@chrisvega7380 10 месяцев назад

Thanks for these detailed tax deductions

@carleneprimus231 2 года назад

You're an angel thank you for the info.

@KeOShAsWoRLd 2 года назад

I have been in business for yearssss! I have always been intimidated by taxes! I am solo very glad that I came across your channel during this season of just trying to be the BEST me I can be! I am learning so much! You're going to get me right together! I would love to support your business!

@KeOShAsWoRLd 2 года назад

*sooooooo not solo lol

@jasminehoskins1302 2 года назад

I love love love love your videos. Is there already a video dedicated to business travel? I know you touched on it here.

@stevescruby1343 Год назад

You rock Karlton!!

@rl7209 9 месяцев назад

GREAT CONTENT! Great presentation! Thank you Karlton! This is very helpful man! I will definitely put a tax strategy in place for my new business.

@domceja62 3 года назад

Love your work man!

@ABplusOriginal 2 года назад

Thank you bih!!!!

@starhollywood Год назад

Love this

@set2gotransportationllc379 2 года назад

i love this guy's knowledge

@ttvnos8841 3 года назад

amazing content

@ThePrideJJ 2 года назад

Thank you bro.Thank you.I wish you had a class.I’d but it.

@juannicolashandyman9826 Год назад

Thank you

@lathinktank2291 3 года назад

Thanks for the gems my brother

@chieftacos8666 2 года назад

Wow. Just wow. Thank you.

@veronicahegens7640 2 года назад

Thank you Karlton , I look forward to contacting your office for tax strategy services.

@myhomenetwork304 Год назад

You are amazing , great and intelligent

@darlenemeadows8341 Год назад

Karlton, love your videos. What about garage space where our lawn care equipment is stored.

@BLKSH33P_FIL Год назад

ty boss 🙏

@Vgk36 2 года назад

Man unreal. The universe put Kartlons Porsche and tesla video popped up on my suggestions. I'm 46 years old and an INSTANT fan! You guys have no idea how blessed you are to have this content and Karlton share this AMAZING content. I'm new in the life insurance (broker) space. I will 100% call Karl for tax prep when the time comes. Excellent information. Seriously.

@jonathanpopham5483 2 года назад

I'm amped on this

@Bertiemang Год назад

I asked my Accountant if I should log actual mileage and vehicle expenses, and he said every client he's ever had has always benefitted more from taking mileage.

@daisyjimenez390 Год назад

Great video! Would love to see more about write of for contractors with LLC. My husband has his LLC is a contractor, has 2 trucks, delivers for furniture for Jeromes. I see your videos, they are very helpful:) thank you.

@vickietarr4000 3 года назад

Hi Karlton...I’m planning on getting an C Corp. Could you do a video on how to manage one. Thanks for sharing your knowledge

@latoshatanner8898 6 месяцев назад

Love this content

@dianaonyango5814 3 года назад

🙌🙌🙌🙌. Thank you

@michaelhornbeck124 Год назад

THIS GUY SHOULD BE MY NEXT INVESTMENT PURE QUALITY AND BEST INFO I HAVE EVR HEARD. THANK YOU SIR

@xtreamv Год назад

Do you happen to have a video about taxes while drop shipping and taxes while drop shipping within the state that we have a presence in? You have a great way of explaining things and it's really helped on my journey in the beginning of all this.

@bobblyons Год назад

Wow. I really appreciate these videos. I got my EIN and I’ll set up my bank account next month. Then I can pay the furniture and computer for my home office. I’m ready to keep receipts and use quick books to get all I can back.

@slabbinwithsean9089 2 года назад

Your the 8th wonder of the world brother I feel like you simplified so much for me

@ochicoloto3524 Год назад

nice content. 2 questions 1. do i need to track miles if I use a vehicle only for business purposes? ( can i just take milage difference between january 1 and december 31st?) 2. can I use standard mileage if I have 5 cars ? I read somewhere that max is 4

@zohargross462 2 года назад

Love it.

@lastamericanhero59 3 года назад

I just started my LLC and I plan to call you for a consultation.....if thats ok

@shiylon 3 года назад

U can call deez nutz

@dav1dizzle 3 года назад

If he answers your call he won’t have time to create anymore content 😂

@ABplusOriginal 2 года назад

Or you can just call him why do you have to text it?

@niameanspurpose 2 года назад

you needed to call him BEFORE setting up an llc...now its gonna cost you more...

@lastamericanhero59 2 года назад

@@niameanspurpose to late now.....I'm already doing business. Maybe he can help do my taxes.

@devinmorales7949 2 года назад

Value Information 🎯🎯🎯‼️

@slugzgaming5158 Год назад

Omg this video was amazing. N I’m screwed but not next year 🔥

@newopportunities1232 2 года назад

You are amazing so much information in one video. Do you have any office or do you recommend anyone in Detriot MI?

@JCV628 2 года назад

Hello Karlton. I wanted to say thank you for sharing just incredible information! Do you work with clients in other States? I am currently located in Pennsylvania doing full-time rideshare