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Sinopsis

025 | In today's podcast we have Keith from The Wealthy Accountant on the show to discuss tax optimization for individuals and small businesses with plenty of tax tips for your FI tool chest. In Today’s Podcast we cover: Keith from the Wealthy Accountant presents his tax optimization strategies for individuals and small business owners Keith is the most knowledgeable accountant we have ever met. We met him in Florida at Camp Mustache and his exuberance for tax optimization was infectious Keith became the official accountant of Mr. Money Mustache after a presentation at Camp Mustache in Seattle A discussion of how to save FICA taxes by being taxed as an S-Corporation instead of as a pass through entity such as an LLC Keith’s discussion of potential tax law change based on the President’s proposal For people starting a business, where would Keith start? Business structure, getting kids and spouses involved, etc. Keith believes when you have business income over $50,000 that you should be an LLC taxed as an S-Co