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Preparing For 2025 Taxes w/ Steve From Accounting
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⏲️ TIME STAMPS ⏲️
0:00 : Preview…
3:00 : Show begins!🔥- Quick Announcements
5:00 : We are famous everywhere
6:00 : Today’s topic - Top 5 Ways to Save Taxes In 2025💰
8:20 : #1 - Make a retirement contribution📈 (401k or IRA)
9:20 : #2 - Do this by 31st Dec to get a huge tax write-off📝
12:20 : #3 - Do a charitable contribution👍
13:50 : Can you do anything about bad purchases with vehicles?
16:50 : #4 - Do this to save taxes on your business 👨🏻💻
18:00 : #5 - Sell bad stocks in your portfolio 👉📉
20:30 : Bitcoin will hit $200k & Solana will go past $500
22:00 : Hex founder Richard Heart hit with Interpol Red Notice
25:00 : Steve is the man! / Myron will bring his hair doctor next
26:30 : How will Trump’s presidency affect the taxes? / Thoughts on Trump tariffs
30:30 : Rumble stock went up 2x🔥/ Mainstream media is falling off
33:20 : What if someone hasn’t filed their taxes in years?
41:00 : CALLER #1 - Any advice on filing my taxes for the first time?
44:00 : CALLER #2 - I joined Bachelor in Accounting, what should I do next?
47:45 : Chats! / Best CPA’s in NY, CT, NJ area
49:40 : What can you write off for being a Real Estate Wholesaler?
51:00 : Info on g@mbling tax loss & How to save taxes on Crypto
55:30 : Benefits of doing taxes quarterly
57:00 : How to become an accountant like Steve?
57:50 : Is a DUNS number required for a small business to have?
59:40 : If you own 25% or more of any company, DO THIS immediately
1:03:00 : CALLER #3 - How do I file my car wash business under LLC?
1:08:30 : N!kka asked 3 questions💀
1:09:30 : CALLER #4 - Should I issue a W2 or 1099 for my small business?
1:11:20 : “I made $8000 by g@mbling…”
1:13:10 : CALLER #5 - Should I hire my dad as my CPA?
1:16:00 : CALLER #6 - How do you track your cost basis if you DCA in Koinly software?
1:19:30 : CALLER #7 - Is it worth maxing out my 401k in 2025?
1:21:10 : CALLER #8 - Can I deduct the fixes I made on my house under W2?
1:23:30 : CALLER #9 - How would taxes work if you have a partnership business?
1:25:00 : CALLER #10 - How do you ensure tax losses carry over each year & how do you utilise as much as you can?
1:27:45 : CALLER #11 got screwed by his business partner, Steve helps him out
1:31:50 : CALLER #12 - When should I put my Real Estate investment under LLC?
1:33:30 : CALLER #13 - I own ATM business & merchant services, should I have separate LLC for them?
1:38:45 : Steve’s Books & 1:1 Consult - https://linktr.ee/SeeingBeyondTheNumbers?utm_source=linktree_admin_share
1:39:20 : CALLER #14 - I have a job offer in trucking, would I bring home more under 1099 or W2?
1:42:00 : CALLER #15 - I sell sneakers on Instagram, how do I collect sales tax from my customers?
1:45:00 : CALLER #16 wants to do a joint ownership with his wife & gets ROASTED🤦🏻😆
1:48:30 : Get a Pre-nup, don’t be a s!mp
1:49:15 : CALLER #17 - I have 2 jobs & make almost 6 figures, how do I file taxes?
1:52:00 : CALLER #18 - I sell beauty products, Can I get a TIN from that LLC to earn revenue on my content?
1:53:45 : CALLER #19 - Are there any tax benefits for my upcoming child?
1:55:00 : Is CPA a good career?
1:56:20 : Go look in the mirror and SMACK yourself
1:58:00 : Should I put myself on a regular payroll?
1:59:30 : Get Steve’s book if you are a rental owner
2:00:30 : We’ll do a CastleClub Premium Real Estate call
2:01:30 : Where can you find Steve?
2:02:20 : Tune into F&F News next / Outro
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