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How to Pay NO TAXES as a Contractor Business! (SCAM ALERT)



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22 Comments

  1. Great video. 99% accurate. Your 💯 right, having the RIGHT CPA that knows your industry I think is also important. I went through 2 audits. I learned a lot for the 1st. Audits can be intimidating. Getting a bill from the audit I think is worse mentally. It was for us. Anyway, great video. Thank you for sharing with us.

  2. This is a great video! Really helpful for me paying taxes the first time this year. I also know that I need to look for a new cpa next year lol

  3. There's a lot that an HSA can be used for as far as purchases. First aid supplies, OTC drugs, contact solution I have even used them for shoe insoles and if you get the medicated chapstick it may be covered. And the only taxes you will pay on that money is what is taken out at the register. It's not just for covering dr bills. Typically if you get an hsa debit card and make a purchase in the pharmacy section swipe that first and it will take all covered expenses off then the remainder isn't covered.

  4. No one in America will have income taxes due for the year 2023. I understand no Corps. of any kind will be allowed anymore. Corps. can also be sued. Personally I don't want my business or me to get sued for anything that has to do with my business. What you are showing has noting to do with 2023, sorry. How do you stop the government from devaluing your money 90% in 2023 and they will. You are just not keeping up. If your CPA is showing you what you are showing us I would fire that CPA. Medical care in the future will be free so no need for medical accounts. I hear Vanguard is going down along with the rest of the stock exchange, we shall see. I own no stocks. So what happens when you don't know what a good CPA is? Have a Happy and prosperous New Year. Knowledge is not power. Properly applied knowledge is power.

  5. I think we should all ban together both employees and businesses and withhold our taxes until the government find the trillions they lost and shows us an audit of where it's going when going to Ukraine.

  6. Just don't reply to any irs letters and if they come knocking on the door "is Zach home?" No, he is not, and I don't know where he is

  7. What do you think about LAMB of GOD band? He sleeps in his closet to, but he sticks his face in the corner all night with the small space can you tell me where the information comes from?

  8. Does lawn care qualify as a "home service"? I have a lawn care business and it is my first year and I want to do everything correctly from the beginning. And also be able to make a plan for saving money and how to spend it.

  9. Off topic, but how do you feel about raising prices in 2023? Since we are in a recession should be be a bit more conservative compared to last year and stick to around 5% if our prices are already dialed in pretty well?

  10. My wife walked through the office and overheard the content being spoken about. She commented "someone is torturing themselves so early in the morning".

    I replied, I'm picking up these vital tips so when that time comes and I do get audited , it's not a torturous and painful event, or at least I'll keep the bleeding to a minimal !!!

    Thanks Mike, I know you have conference only a few days away. I very much appreciate you still taking the time to make videos with great content.!!

  11. mike remember the 15-year-old that you had on a zoom call a year ago? I think it would be cool if you did a check-in video where we could see how far he has come.

  12. Hey Mike, what was the name of the app you use for receipts? Did you say tiny scan? You talk so fast. haha

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