Ep. 156 | 4th Quarter Tax Planning for Business Owners

*Fourth Quarter Tax Planning for Business Owners* | Teaching Tax Flow Podcast Ep. 156

As 2025 winds down, it’s time to tighten your books and maximize legal deductions. Hosts Chris Picciurro, CPA, and John Tripolsky sit down with Marit Burmood, CPA & EA, to uncover what business owners should focus on in the 4th quarter—from cash-basis timing and depreciation to accountable plans and realistic write-offs.

*CHAPTERS*
03:09 - Entrepreneurial Tax Strategies for Business Owners in October
08:56 - Understanding Tax Misconceptions and Effective Business Financial Planning
16:50 - Understanding Depreciation Recapture and Tax Implications for Businesses
21:19 - Tax Strategies for Small Businesses and Real Estate Investments
26:50 - Tax Strategies for S Corp and Small Business Owners
35:45 - Effective Tax Planning Through Communication and Organization

*KEY TAKEAWAYS*
✅ Accurate books = accurate tax plans.
✅ A deduction lowers taxable income — it doesn’t make spending free.
✅ Use the cash-basis method to prepay or defer strategically.
✅ Set up an accountable plan for home office and mileage.
✅ Stay organized with W-9s and contractor records before year-end.

*QUOTABLE MOMENTS*
• “Buying a vehicle might be good, but it’s not a tax plan.” – Chris Picciurro
• “Cash flow and tax flow are different.” – Chris Picciurro
• “Don’t buy it if you don’t need it.” – Marit Burmood
• “Communication and organization create harmony.” – John Tripolsky

*PRACTICAL ACTIONS*
• Reconcile books and pull P&L and payroll reports before November.
• Meet your tax pro early to adjust withholding or estimated payments.
• Create or update your accountable plan for 2025.
• Don’t let last-minute purchases drain cash flow just to chase deductions.

*SPONSOR*
Legacy Lock – Estate Planning Made Simple
Start your plan today at https://www.teachingtaxflow.com/legacy

RESOURCES
• Teaching Tax Flow Website: https://teachingtaxflow.com
• Defeating Taxes Community: https://www.defeatingtaxes.com

#taxtips #businessowners #taxplanning #defeatingtaxes #yearendtaxplanning #taxstrategy #cashflow

Видео Ep. 156 | 4th Quarter Tax Planning for Business Owners канала Teaching Tax Flow