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New Tax Strategies for Small Business Owners with Guest Adam Williams
Manage episode 429492217 series 3371055
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Join us for an engaging conversation with Adam Williams, founder of Pennywise Tax Strategies, as we dive into the world of proactive tax planning and business strategy. Discover how understanding and leveraging tax laws can significantly impact your financial health and business success.
Key Takeaways:
1. Proactive Tax Planning: Learn why continuous, year-round tax planning is crucial for maximizing savings and avoiding last-minute stress.
2. Business vs. Self-Employed: Understand the key distinctions between being a business owner and being self-employed, and why these differences matter for your financial strategy.
3. Choosing the Right Advisor: Discover the importance of selecting tax advisors who respect your decision-making abilities and are willing to explore the gray areas of tax law based on your risk tolerance.
About Our Guest:
Adam Williams is the co-owner of Pennywise Tax Strategies, a firm dedicated to creating tailored tax plans that align with clients' individual goals and desires. With a passion for tax strategy that extends into his personal hobbies like race cars, Adam brings a unique and engaging perspective to tax planning. He is also the author of "Everything Your Kids Wish You Knew About Owning a Business," a book filled with lessons from his entrepreneurial journey.
Additionally, Adam hosts "The Maverick Mindset Show," a podcast offering business and mindset advice aimed at entrepreneurs and small business owners.
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