%20(1).png)
Small Business Tax Savings Podcast
The Small Business Tax Savings Podcast is designed specifically for small business owners. We focus on tax savings and ways to have a financially sound back bone to your small business. Our goal is to have you paying the least amount in taxes as legally possible.Hosted by by Mike Jesowshek, CPA, this is a quick hitting podcast aimed to get you important information without all the fluff. You can find episodes, blog posts, information on our software TaxElm and more on our website: www.TaxSavingsPodcast.com
Episodes
377 episodes
Live Case Study: How We Cut $20K+ Off His Tax Bill (Step by Step)
What happens when you take a real small business owner, put them in the hot seat, and break down their tax strategy live? That’s what we’re doing in this episode.Eric runs a successful appraisal business, pays himself through an S-Corp,...
•
44:22
%20(1).png)
Auto Deductions Explained: The 2025 Tax Rules You Need to Know
Most business owners are driving right past thousands in tax savings without realizing it. In 2025, the IRS raised the standard mileage rate to 70 cents per mile, but that’s only the beginning.In this episode, Mike breaks down exactly ho...
•
22:34
The Home Office Deduction Explained: How to Save Up to $1,500 a Year
Do you have a home office? The desk you’re sitting at could save you up to $1,500 a year in taxes.Many business owners skip this deduction because they think they don’t qualify or fear an IRS audit. The truth is, most do qualify. One cli...
•
22:27
Sell Your Company with $0 Taxes? QSBS Explained
Some entrepreneurs sell their companies and walk away with zero federal taxes. How? This is thanks to a strategy called QSBS.In this episode, tax strategist Alessandro of Get Dynasty breaks down Qualified Small Bus...
•
32:18
Independent Contractor or Employee? Hiring Mistakes That Trigger an IRS Audit
Misclassifying workers is one of the biggest mistakes a business owner can make. It might seem cheaper to pay someone as a 1099 contractor, but if the IRS says they should be a W-2 employee, you’re looking at back taxes, penalties, and possible...
•
22:35
Why the Wealthy Use Oil & Gas Investments to Cut Six Figures Off Their Taxes
Most tax strategies give you either a write-off or long-term growth. Oil and gas gives you both. With IRS Code 263(c), you get massive upfront deductions and steady tax-advantaged cash flow.In this episode, Mike and Nick from US Energy u...
•
26:53
Q&A: The Tax Strategy Hierarchy Every Small Business Owner Should Know
If I were starting a business today, this is exactly how I’d approach tax planning from the ground up. In this episode, we're tackling tax strategy hierarchy every small business owner should follow. From core strategies like hiring...
•
23:39
How Section 831(b) Captive Insurance Protects Your Business and Saves You Taxes
Most business owners think of insurance as a necessary expense, but what if it could double as a tool to cut taxes? With a Section 831(b) captive insurance company, you can set aside pre-tax dollars to cover risks traditional insurance won’t to...
•
34:02
The #1 Retirement Mistake Business Owners Make (And How to Fix It)
Retirement expert Matt Ruttenberg walks through 5 real-world business scenarios and how to choose the smartest retirement plan for each. Whether you're flying solo or managing a growing team, this episode breaks down IRA, SEP, SIMPLE, 401(k), a...
•
36:34
Partnership vs. S Corp | How Basis Can Make or Break Your Tax Bill
Taking money out of your business isn’t always tax-free. If you’re not tracking your basis, you could get hit with a surprise capital gains tax, even without selling anything. Let's break down what basis means, how it works differently for Part...
•
15:08
Don’t Mix Passive and Active Income! Your Entity Structure is Why You're Overpaying on Taxes
Mixing active and passive income in one entity could be costing you thousands. In this episode, we break down why separating your income streams is essential. You’ll learn how to structure your business the right way using S Corps, LLCs, holdin...
•
23:16
Trump’s ‘One Big Beautiful Bill’ Just Changed Your Taxes Forever – What’s Inside
Trump’s Big Beautiful Bill just became law. What’s actually in it? On July 4th, the biggest tax overhaul since 2017 was signed, and it’s packed with big wins for business owners. 100% bonus depreciation, a permanent 20% QBI deductio...
•
21:00
Why Loans Get Denied (Don't Apply for a Mortgage Until You Do This)
When you're self-employed, getting approved for a mortgage isn't as straightforward as it is for W-2 employees. In this episode, Mike sits down with mortgage lender Bill Moeller to break down how tax-saving strategies can impact your mortgage a...
•
31:20
Don't Make These EXPENSIVE Mistakes | Mid-Year Tax Checkup
🚀Ready to stop overpaying the IRS? Sign up for my free webinar on July 15th! Click here or visit: https://www.taxsavingspodcast.co...
•
28:16
Q&A: Can I Deduct That? From Mileage to Meals, Your Tax Questions Answered
🚀 Ready to stop overpaying the IRS? Sign up for my free webinar on July 15th! Click here or visit: https://www.taxsavingspodcast.c...
•
27:01
How to File a Late S Corporation Election and Still Save on Taxes
Missed the S Corp deadline? Don’t panic. In this episode, Mike breaks down how to file a late S Corp election the right way so you can still unlock major tax savings. You’ll learn what an S Corp really is, who qualifies, how to calculate your s...
•
22:47
Do You Need Tax Planning (Spoiler: You Might Be Missing Out)
Most people think tax planning is only for big corporations. But it’s one of the most powerful tools any small business owner can use to save money.In this episode, Mike breaks down how tax planning is different from just filing your tax...
•
21:41
Want Tax-Free Income in Retirement? Start with a Roth Conversion
You’ve heard of Roth IRAs, but no one talks about when and how to convert.In this episode, Mike breaks down exactly how a Roth conversion works, when it makes sense, and how to use it to build tax-free income in retirement.He...
•
19:13
Business Entity Compliance 101: What You MUST Know
Are you 100% sure your business entity is compliant? In this episode, Mike is joined by Nellie Akalp, CEO of CorpNet, to break down what compliance really means for LLCs and corporations. They cover everything from annual reports, meeting minut...
•
38:25
Too Much Profit? Double Your Income Without Doubling Your Taxes
🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ Too many business owners think they should avoid making more money just to...
•
19:31
How to Turn Your HSA Into a Tax-Free Retirement Fund
🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ Most people think an HSA is just for doctor visits—but it’s actually one o...
•
14:37
Big Announcement: The Future of Tax Planning is Coming
🚀 Visit https://taxelm.com/webinars/ to save your seat!On May 14 at 2 PM EST, join Mike for a live webinar to unveil a brand-new feature inside TaxElm that will trans...
•
3:06
Case Studies in Advanced Retirement Planning (Strategies That Go Beyond the 401(k))
🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ What if everything you thought you knew about retirement planning was jus...
•
38:32