More Money in Your Pocket

Are you tired of hearing the same old myths about financial stability? As someone who prioritizes financial stability, have you ever been told that being rich is subjective or that avoiding status sy…

In this episode, Jeff discusses:

• Is it a hobby or a business?
• Deciding whether your project is a business or a hobby
• Know the numbers and see the patterns.

Key Takeaways:

• The biggest difference between a …

In this episode, Jeff discusses:

• The last set of tax write-off items
• Keeping your books in order

Key Takeaways:

• The last set of tax write-off items includes:
• Taxes and licenses
• Telephone
• Tools 
• Travel 
• Unifor…

In this episode, Jeff discusses:

• Another set of tax write-off items
• The more detailed your books, the better it is when it comes to an audit. 
• The secret to success

Key Takeaways:

• Keep in mind these anoth…

In this episode, Jeff discusses:

• Another list of what you can write off as a business owner
• The difference between successful and unsuccessful people

Key Takeaways:

• You can save money by taking advantage…

In this episode, Jeff discusses:

• The list of what you can write off as a business owner

Key Takeaways:

• You can save money by taking advantage of a number of tax write-offs, which include:
• Bad debts
• Bank c…

In this episode, Jeff discusses:

• The importance of having a good accounting system
• The biggest questions to ask yourself about business expenses
• What is the difference between advertising, marketing, an…

In this episode, Jeff discusses:

• Taxes are very similar to going to the dentist.
• How to have a better outcome at tax time
• Consistency is key.

Key Takeaways:

• Whether you've been filing taxes for years, or …

In this episode, Jeff discusses:

• Make sure you file your taxes in February, or even March if you can.
• Being disorganized is not a winning strategy.
• Tax preparation is a choice you get to make.

Key Takeaw…

In this episode, Jeff discusses:

• Living life with strategy
• The importance of profit and loss (P&L) statement
• Hire a professional tax planner.

Key Takeaways:

• Every time you went around go but never investe…

In this episode, Jeff discusses:

• The fear of making mistakes
• The fear of not earning enough revenue 
• Taking chances 

Key Takeaways:

• Fear of making a mistake keeps many people from doing anything because t…

In this episode, Jeff discusses:

• What is a Solo 401K?
• 401K vs. SEP IRA
• Tax strategies

Key Takeaways:

• Solo 401(k)s are retirement accounts for business owners or self-employed individuals with no full-time…

In this episode, Jeff discusses:

• What is a SEP?
• How to figure out your net income
• Traditional IRA vs. Roth IRA

Key Takeaways:

• A simplified employee pension (SEP) is an individual retirement account (IRA) …

In this episode, Jeff discusses:

• What is a SIMPLE IRA and how it works
• Employee matching contributions for 2022
• The pros and cons of SIMPLE IRA
• How to set up a SIMPLE IRA

Key Takeaways:

• SIMPLE IRAs (Saving…

In this episode, Jeff discusses:

• Investing in the 401(k)
• Taking money out of your 401(k) should be your last resort
• Making a few changes in your lifestyle

Key Takeaways:

• Employer-sponsored retirement savi…

In this episode, Jeff discusses:

• Tax filing and procrastination
• Why do people avoid filing taxes?
• How to get back into the IRS' good graces

Key Takeaways:

• A tax extension does not extend the time to pay t…

In this episode, Jeff discusses:

• Morning routine and productivity
• The importance of having a system
• Start your schedule and set it up for success
• The advantages of an automated system

Key Takeaways:

• Treat …

In this episode, Jeff discusses:

• Keeping personal and business records separate
• Business structures and their implications
• Sole proprietorship vs s corporation

Key Takeaways:

• Using a separate business acc…

In this episode, Jeff discusses:

• As an agent, you can’t give tax advice.
• The myths surrounding taxes
• Capital gains and capital loss
• Rental pieces of advice

Key Takeaways:

• When it comes to capital gains, do…

In this episode, Jeff discusses:

• An overview of the IRS's $87 billion fund
• Dealing with an IRS audit
• Improved enforcement measures are a big part of the IRS's $87 billion fund
• Get out of your comfort zon…