What motivates you each day? This was one of my FAVORITE conversations in a long, long time. Watch the recorded show above or here on YouTube.
I’ll be doing more live video community get togethers like this each week. Look for them, right here, at my public facebook page MitchJackson.live and make sure to click the “follow” button to be notified about upcoming Zoom video shows.
See below to review the specific questions the “Tax Terminator” answered.
Larry Weinstein, CPA aka “The Tax Terminator” shares WORKING FROM HOME and HOME BUSINESS tax tips!
Join attorney Mitch Jackson and Certified Public Accountant, Larry Weinstein, in their recorded Facebook Live. Learn what records you need to keep, what deductions you can take and get your working from home, home business, and employer/employee tax questions answered.
Question #1: Larry, the government just announced this week some tax filing changes that affect all Americans. What happened and how does that affect people working from home and small business owners?
Question #2: What are the most popular “working from home” business expenses and deductions our audience members should pay attention to? How can they position themselves to maximize these deductions? What type of documentation do they need to support these deductions on their tax returns?
Question #3: If you’re a paid employee working for a big company, and you’re told to work remotely from home, what can you, or your employer do, to maximize their tax benefits?
Question #4: Can people working from home deduct a portion of their rent, or mortgage payment, as a business expense? If so, under what circumstances?
Question #5: What’s the biggest tax saving related mistake you see people working from home, including home based businesses, make over and over again?
Question #6: Do you see any additional tax changes for people working from home? If so, how can we prepare for these?
Question #7: Let’s say you’re working from home and taking advantage of most, or all of the things you shared today. What additional steps can be taken, this month, to help minimize taxes and maximize long term profits (incorporation, LLC, deductions, retirement plans/compound interest/defer or avoid taxes on interest…).
Larry will provide specialized tax advice for people working from home and small business owners. He’ll also share specific tips relating to employees working at home because of the Coronavirus and answer your working from home tax and business questions.
Both Larry and Mitch will discuss the new COVID-19 related business tax issues, regulations and laws and the unique needs working from home employees, and owners of small and large businesses, have when it comes to strategic tax plans.
Several goals of our live video include sharing Larry and Mitch’s combined 60+ years of law and accounting, to help you:
Make smart business decisions that protect your interests;
focus on uncovering hidden tax reductions opportunities to put more money in your pocket, where it belongs;
and help you maximize business deductions to minimize taxes and eliminate tax overpayments
All else being equal, the relationships we build with our clients is more important than the products and services we provide to them. This is the premise behind the new Wall Street Journal best-selling book, “Fanocracy- Turning Fans into Customers and Customers into Fans” written by my dear friend, David Meerman Scott, and his daughter, Reiko Scott.
During my Tuesday evening LegalMinds Mastermind live video, David shared specific examples of how lawyers and other professionals, can use the approaches outlined in Fanocracy, to create passionate fans who will help market, brand and share your practice and services with the world.
This interview was good. I hope you enjoy and benefit from these new approaches to marketing and branding. Even more important, I hope you take action on these powerful ideas.
“Fanocracy is a deep dive into strategies to build a powerful culture that drives business success. It also explores the thinking of a new generation—one that values community, sharing, and justice. David and Reiko share surprising ideas you can implement immediately, such as letting go of your work and allowing people to make it their own, seeing the world as a gift and giving gifts in return, celebrating your customers’ stories, and the power of compassion.” -Tony Robbins (from the foreword)
“Reiko and David have captured the essence of how organizations, small and large, can organize and amplify the passions of their best customers. It’s not difficult, but it’s not common either: by building personal relationships and thus doing better work. A breakthrough in clarity and simplicity.” -Seth Godin
In 2020, my team and I are going to continue pursuing the same two goals we’ve been focusing on for the past 34 years.
GOAL #1: To provide top-notch personalized legal solutions specifically tailored to each client to help get the exact results they’re looking for.
GOAL #2: To create raving fans by providing an exemplary client experience while executing the first goal.
Sound interesting? Want to learn more?
Well, right now while I’m running, I’m listening to the SocialPros podcast interview of marketing expert and business growth strategist, David Meerman Scott, with the always impressive Jay Baer and Adam Brown. In this episode, David shows you how to leverage your relationships and social media to build a ‘Fanocracy’ for yourself. Give it a listen over the weekend
Because this approach to business is so powerful, I’d also order David and Reiko’s new book, “Fanocracy: Turning Fans into Customers and Customers into Fans.” I’ve got an early copy and can comfortably tell you that it’s going to be one of your favorites!
OK, that’s it for now. Have a great weekend and make each day your masterpiece!