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TikTok Tax Tips - True or False?
Manage episode 378440426 series 2902730
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#62: There’s a lot of misinformation that gets spread through social media (surprise, surprise) and none more so than tax tips! Today, Sevana and Tiffany go through a few viral tax tips with special guest, Phil Gaudiano, to set the record straight on a few of these TikTok Tax Truths or Tales!
Trending tax tips we go over includes:
- Renting Your House to Your Business (Augusta Rule)
- Paying Your Child Through Your Business
- Earning Points And Cashing In On Credit Card Rewards
- and more...
Special Thanks To Our Guest:
Phil Gaudiano, CPA
Co-Founder
Polygon Advisory Group
https://www.polygonadvisory.com/
Contact Phil at: info@polygonadvisory.com
Famous Examples - #1. Nicholas Cage#2. Gloria Vanderbuilt#3: Wesley Snipes#4: Paul Daugerdas#5: Willie Nelson
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About BBSB - We are two business owners with two very different perspectives on building business, and the business behind that in order to achieve your goals. One of us built to sell, and will continue on the serial entrepreneur path, which means your focus and drive should include very particular tools and tips in order to achieve your goal. The other, is building a generational business, one that can go on long after she’s let go of the wheel. This type of business also requires very specific tools and platforms to achieve this goal. Both women have been successful in their own right, but in honesty - haven’t scratched the surface!
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Disclaimer - We are NOT licensed financial experts, nor do we give financial advice. Anything we share with you here on our podcast, whether it be a personal experience or submission, or advice/tips that have worked for us, or that we believe would work for you should not be viewed as either financial, business, or tax advice. We ask for you to do your research, have open and honest conversations with your company’s own support providers and make decisions based upon that. Throughout this broadcast we will share our knowledge and give suggestions and hope you will receive them as part of your overall research to better your own company.
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