Can you really write off your dog??? Breaking Down Instagram Tax "Advice" with Shannon Weinstein, CPA
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Description
We've all seen it-- tax advice on Instagram telling folks they can write off their dog as office security, or folks telling people to buy a g-wagon to write it off... but how does that stuff hold up with the IRS??? And what tax-saving tips should small business owners pay attention to? In this week's episode, Shannon Weinstein, CPA, breaks it down. Shannon is a CPA and fractional CFO for growth-minded business owners. A teacher at heart, her real-life relatable examples simplify the financial side of the business so you can stop stressing and start scaling. She hosts the IRS's least favorite podcast, Keep What You Earn, which consistently ranks in the top 200 in Entrepreneurship. She is a frequent speaker in business coaching communities and masterminds. What you'll hear in this episode: [0:12] Episode and guest introduction. [1:22] Doing the CPA thing differently [2:55] Buying stocks at 12 years old [8:18] Shannon's father's vision for her [12:43] Shannon's view on money growing up [18:20] Ending up in Costa Rica [27:10] Tax advice on Instagram [33:32] The Augusta Rule [51:00] Inheritance money [52:30] Very first money memory Connect with Shannon: Website: https://www.fitnancialsolutions.com/media Keep What You Earn Podcast: https://podcasts.apple.com/us/podcast/keep-what-you-earn/id1580071347 IG: https://www.instagram.com/shannonkweinstein/ Related Episodes: Episode 37: The Patriarchy, Wealth Inequities and Starting a Business with Meg K. Wheeler Episode 29: Is real estate investing worth it from a tax-perspective Clo Bare Blog: clobare.com Find me on social media at @clobaremoneycoach Please rate and subscribe to support this channel! Free Money Guide: moneyrightguide.com Free Investing Class: lazyinvestingclass.com Produced by Elevate Media - Want to start your show? Reach out! This podcast is not intended as financial advice. Always do your own research and talk to your financial professional to discuss your situation. To read our full terms and conditions, head here: TERMS AND CONDITIONS
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