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Podcast: Lawyer Business Advantage
Episode: Tax Reduction Tips with Jayden Doye
Description:
In this episode, Alay and Jayden discuss:
The number one mistake law firms make with regard to taxes.
How often your CPA should be meeting with you while your firm is growing
Reasonable compensation and how it varies from types of entities.
Leading and growing your team as a professional service provider.
Key Takeaways:
True tax planning accounts for the owner’s desires to understand the profit, not just the tax liabilities.
Buying your office space may reduce your tax obligation, though it will vary from firm to firm.
Low-cost employee benefits hel...