Ever wondered how your business could benefit if you could reduce your tax liability and increase savings all while ensuring compliance with the IRS? In this episode, Danielle Hayden, CEO & Founder of Kickstart Accounting Inc., and Kelsey Chester, Lead Account Manager, spill the beans on some of the most powerful tax-saving strategies for business owners. From choosing the right entity type to diving into the intricacies of becoming an S-Corp, they break down the criteria you need to know. Don't leave any deductions on the table! Whether you're a seasoned entrepreneur or just starting, there's a strategy for you. Ready to transform your approach to taxes?  Key Takeaways: Health insurance & S-Corps. Reducing taxable income and taking care of yourself. Health Saving Accounts for high-deductible insurance. How to secure your financial future while reducing taxable income. How your home can turn into a deductible business expense. Tax advantages of hiring your kids into the business. Don't leave any tax deductions on the table!   Topics Discussed:  Intro (0:00) Favorite Tax Season Strategies (0:04) Stop Commingling Right Now (1:47) Scorps Pay Yourself Reasonable Compensation (2:40) Have Bookkeeping in Place (3:12) Strategies for Scorps (4:41)  Mindset Mastery Framework (6:24) HSA Plans  (7:26) Retirement (8:22)  Why Do Scorps Need an Accountable Plan? (9:20) Document Home Office Deductions Properly (10:57)  Last Strategy: Hire Your Kids (13:00) Additional Strategies (13:46) For help with your tax deductions and more, visit: https://kickstartaccountinginc.com/get-started/   Connect with Kickstart Accounting Inc. Instagram | @Kickstartaccounting Website | Kickstart Accounting, Inc. Facebook | Kickstart Accounting, Inc.