This week we’ve got an amazing show with Catherine Tindall, a CPA who specializes in advanced tax reduction strategies through government credits and proactive planning.
While COVID is in our rear view mirror there is still an opportunity for business owners to claim the Employment Retention Tax Credit, or ERTC for short. This credit is for employers affected by shutdowns in 2020 & 2021 who retained their employees. These credits can be significant. In this episode Catherine gets into the qualifications and potential credit amounts.
Towards the end we also get into some strategies on reducing your taxable income by converting active business activities into passive activities and then using passive losses to offset that income.
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