Carlotta Thompson on Implementing Monthly Tax Strategies and Acquiring Businesses for Tax Benefits
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=njIR29cMVK4
In this episode, Carlotta Thompson, founder and CEO of Tax Strategists of America, shares her journey from studying tax law at age 14 to becoming an ex-IRS agent and ultimately helping business owners save thousands on taxes legally. As the only firm in the U.S. that implements tax strategies on a monthly basis, Carlotta and her team work closely with entrepreneurs to ensure they keep more of their hard-earned money. • Carlotta discusses the importance of thorough record-keeping and documentation to avoid common pitfalls during IRS audits. She also shares valuable insights on how business owners can take advantage of often-overlooked tax deductions, such as turning personal-use items into business assets. • One of the key strategies Carlotta emphasizes is business acquisition, not only as a means to grow wealth but also as a powerful tax strategy. By acquiring businesses with substantial furniture, fixtures, and equipment, entrepreneurs can offset their income and enjoy significant tax benefits. • Through her nonprofit organization, Called to Love, Carlotta is passionate about teaching children and teens about entrepreneurship and wealth-building. Her Kidquisition and Teenquisition programs aim to empower the next generation of business owners and provide them with the tools and knowledge to succeed. • Carlotta also shares her personal experiences with betrayal and the importance of carefully choosing business partners. She stresses the value of perseverance and the ability to pivot in the face of challenges, emphasizing that failure is not real as long as one learns and adapts. • Mentors that Inspired Carlotta: • 💡Russell Brunson - Founder of ClickFunnels, whose book Marketing Secrets changed Carlotta's trajectory as an entrepreneur • 💡Alex Charfen - Provided valuable insights on business operations through his podcast • 💡Tommy Mello - Owner of A1 Garage Doors and author of Elevate, currently influencing Carlotta's business philosophy • Looking to the future, Carlotta sees AI as a significant game-changer in the accounting industry, streamlining processes and enhancing strategic capabilities. However, she believes human expertise will remain crucial in navigating complex tax scenarios and providing personalized guidance. • Tune in for actionable advice on tax strategies, business acquisition, wealth-building, and overcoming entrepreneurial challenges from Carlotta Thompson's inspiring journey. • References: • Website - https://www.carlottathompson.com/ • Linkedin - / carlottathompson \\ • Instagram - https://www.instagram.com/carlottatho... • Facebook - / carlottathompsonandassociates • Youtube - / @carlottathompsonfinance • • Anthony Codispoti, AddBack Benefits Agency • https://www.addbackbenefitsagency.com/ • • Transcript | Carlotta Thompson on Implementing Monthly Tax Strategies and Acquiring Businesses for Tax Benefits • • Youtube - Inspired Stories Podcast by AddBack BenefitsAgency • / @inspiredstoriespodcast
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