What did Jerome Powell say to cause a big drop in the market this week? And, should you be trying to show as little income as possible for your business just to avoid taxes?
In this episode, Hannah Chapman, CFP, APMA, CRPC, explains the latest market events, as well as diving into best practices for business tax planning.
Tune in to learn more:
How the federal government is trying to control inflation rates
The difference between CPA's and financial planners
Is reporting taxable income a good thing for you and your business?
How reporting taxable income affects your social security payout later in life
Why the type of retirement account you choose plays a significant role in your tax and retirement outcomes
How tax planning helps set your business up for sale later in life
We want your questions! Please send them to [email protected].
Connect with Hannah here:
X² Wealth Planning Website: https://x2wealthplanning.com/
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LinkedIn: https://www.linkedin.com/in/hannahrchapman/
Expansive CEO Website: https://expansiveceo.com/freegift