Taxes can be overwhelming, but write-offs can help you save big.

In this episode, Camilla Jeffs sits down with tax expert Barbara Schreihans to discuss strategies for maximizing write-offs and optimizing tax savings.

Barbara emphasizes the importance of choosing the right business structure, such as an LLC or S Corporation, to ensure that you're taking advantage of every available tax benefit. She also explores how to maximize home office and vehicle expense deductions, and how to write off business trips.

She also cautions against premature property gifting, as well as the potential tax benefits of including your children in your family business.

Don't miss out on these valuable tax tips! Listen to the latest episode of Quiet Wealth now, and don't forget to share with friends and family. Be sure to subscribe for future episodes on money management, entrepreneurship, and more.

In this episode, we talk about:
• The importance of business structure in tax implications
• Maximizing deductions for home offices, vehicle expenses, and business travel
• Leveraging additional spaces within the home for home office deductions
• Considerations for purchasing or leasing vehicles for business use
• Writing off business travel expenses
• Tax implications of gifting real estate to children
• Contributing to a Roth IRA for your kids

Resources:

NerdWallet - https://www.nerdwallet.com/

Write Off Your Life - https://yourtaxcoach.com/write-off-your-life

Write Off Your Real Estate - https://yourtaxcoach.com/write-off-your-real-estate

Minted Wealth Live - https://www.mintedwealthcollective.com/minted-wealth-live

Connect with Barbara Schreihans

Your Tax Coach - https://yourtaxcoach.com/

Your Tax Coach LinkedIn - https://www.linkedin.com/company/your-tax-coach/

Tax Strategies for Business Owners Facebook Group - https://www.facebook.com/groups/266561378659270

LinkedIn - https://www.linkedin.com/in/barbara-schreihans/

TikTok - https://www.tiktok.com/@your.tax.coach

Instagram - https://www.instagram.com/yourtaxcoach/

YouTube - https://www.youtube.com/channel/UCP27A8bBgRnD1y6-qJ6s2dA

Life Changing Money Podcast - https://life-changing-money-with-barbara-schreihans.simplecast.com/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

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https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

What does wealth truly mean?

In this episode of the Quiet Wealth podcast, Camilla Jeffs sat down with Alecia St. Germain to explore how true wealth goes beyond mere financial status and uncover the transformative power of things like self-acceptance and mindset in building prosperity.

From the challenges of balancing ambition with finding joy in life's small moments, to the importance of being a compassionate leader and the negative effects a control mentality can have on wealth accumulation, this conversation is chock full of insights and inspiration for those seeking to create true wealth in their lives.

To gain a fresh perspective on wealth and its multidimensional nature, tune in to thisepisode now. Don't forget to share it with others and subscribe to the Quiet Wealth podcast for more empowering discussions like this one.

In this episode, we talk about:
• The importance of self-acceptance
• Impact of control mentality on wealth building
• Finding joy in the journey of personal and financial growth
• Significance of mindset and self-awareness in wealth building
• Being a compassionate leader
• Broader definition of wealth beyond financial freedom
• Embracing discomfort and finding joy in challenging situations
• Balancing ambition with finding joy in the small moments

Connect with Alecia St. Germain
The Conscious Edge - https://consciousedge.com/

LinkedIn - https://www.linkedin.com/in/alecia-st-germain-680b555/

Instagram - https://www.instagram.com/aleciastg/

Facebook - https://www.facebook.com/alecia.stgermain/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments

Money is a powerful tool that can shape our lives in profound ways. In the latest episode of the Quiet Wealth podcast, hosted by Camilla Jeffs, we explore the realm of money and its impact on our daily lives with Dr. Darla Bishop.

Dr. Bishop shares her strategies for financial empowerment, emphasizing the importance of understanding and taking control of our finances. She highlights the power of language in finance, demonstrating how our choice of words can greatly impact our financial decisions. By reframing our thoughts and beliefs about money, we can transform our relationship with it and make wiser choices.

Another key topic discussed is aligning our spending with our values. Dr. Bishop explains how our financial choices have the potential to shape not only our personal lives but also the world around us. By consciously aligning our spending habits with our values, we can create positive change and live a more purposeful life.

Lastly, Dr. Bishop offers valuable tips for parents in guiding their college-age children toward financial independence. She discusses the importance of teaching financial literacy and empowering young adults to make informed financial decisions that will set them up for success in the long run.

Listen to this episode of the Quiet Wealth podcast with Dr. Darla Bishop to gain valuable insights into the world of money and how it impacts our lives.

Share this episode with your friends and family, and don't forget to subscribe to the podcast for more thought-provoking discussions on personal finance and wealth creation.

In this episode, we talk about:
• Who Dr. Darla Bishop is
• Strategies for managing money and shifting mindset around finances
• Understanding financial beliefs and behaviors
• How language shapes our financial mindset
• Dr. Bishop's book "How to Afford Everything"
• Investing, building a business, and generational wealth
• Aligning values with financial goals in career choices
• Instilling positive money messages in children and preparing them for financial independence

Resources:

How to Afford Everything by Dr. Darla Bishop - https://www.amazon.com/How-Afford-Everything-Darla-Bishop/dp/B0CQDCLJ17

FinanSIS Podcast - https://darlabishop.com/finansis-podcast/

Connect with Dr. Darla Bishop

Website - https://darlabishop.com/

LinkedIn - https://www.linkedin.com/in/darlabishop/

Instagram -https://www.instagram.com/my_finansis/

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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!

https://steadystreaminvestments.com/masterclass/

Follow us at

https://www.facebook.com/steadystreaminvestments

https://www.instagram.com/quietwealthcommunity/

https://www.tiktok.com/@quietwealth

https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ

https://www.linkedin.com/company/steady-stream-investments