Top 10 US Tax Tips for US Business Owners with Ryan Ross

In today’s episode, our host Bob welcomes tax expert Ryan Ross to share top strategies for optimizing US taxes. With over 25 years of experience, including time as a CFO for Fortune 500 companies, Ryan offers actionable advice tailored for business owners. Bob and Ryan explore the top 10 tax tips, from choosing the right business structure to leveraging tax credits. Their practical insights aim to help entrepreneurs save money and boost financial efficiency. Whether it's maximizing retirement plans or navigating advanced tax strategies, this episode is packed with tips to improve cash flow and ensure long-term business success. Episode Highlights: 00:00 Welcome to The Wealthy Entrepreneur Podcast 02:41 Ryan Ross's Professional Background 05:04 Team Structure and Partnership with Gauvreau Accounting Tax Law Advisory 07:39 Introduction to the Top 10 US Tax Tips 09:44 Optimizing Tax Credits and Business Structures 18:19 Strategic Spending and Investing in Business 22:15 Retirement Plans and Charitable Trusts 30:16 Cash Flow Management and Estimated Tax Payments 40:20 The Role of a Tax Professional About the Guest:Ryan is a graduate of New Mexico State University, Ryan has been in accounting and finance for over 25 years. He has worked as the Chief Financial Officer of a local not-for-profit, financial advisor for a national brokerage firm, and a financial analyst for a public Fortune 500 company in Dallas. Ryan has an extensive background in many aspects of business and personal finances, which has made his transition into public accounting a very easy one. He also serves as the Treasurer for Casas Por Cristo, a local non-profit organization. He is well versed in business formation, business taxes and individual taxes. Resources: Visit the The Wealthy Entrepreneur Website: https://www.wealthyentrepreneur.co/ Download The Wealthy Entrepreneur (digital book) for FREE: https://profitsimple.ca/wealthy-entrepreneur Like our Facebook Page at https://www.facebook.com/wealthyentrepreneurofficial Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@wealthyentrepreneurofficial. Let’s continue to work on becoming a Wealthy Entrepreneur!See omnystudio.com/listener for privacy information.

Bob and Ryan explore the top 10 tax tips, from choosing the right business structure to leveraging tax credits. Their practical insights aim to help entrepreneurs save money and boost financial efficiency.

Whether it's maximizing retirement plans or navigating advanced tax strategies, this episode is packed with tips to improve cash flow and ensure long-term business success.

Episode Highlights:

00:00 Welcome to The Wealthy Entrepreneur Podcast
02:41 Ryan Ross's Professional Background
05:04 Team Structure and Partnership with Gauvreau Accounting Tax Law Advisory
07:39 Introduction to the Top 10 US Tax Tips
09:44 Optimizing Tax Credits and Business Structures
18:19 Strategic Spending and Investing in Business
22:15 Retirement Plans and Charitable Trusts
30:16 Cash Flow Management and Estimated Tax Payments
40:20 The Role of a Tax Professional

About the Guest:
Ryan is a graduate of New Mexico State University, Ryan has been in accounting and finance for over 25 years. He has worked as the Chief Financial Officer of a local not-for-profit, financial advisor for a national brokerage firm, and a financial analyst for a public Fortune 500 company in Dallas. Ryan has an extensive background in many aspects of business and personal finances, which has made his transition into public accounting a very easy one. He also serves as the Treasurer for Casas Por Cristo, a local non-profit organization. He is well versed in business formation, business taxes and individual taxes.

Resources:

Visit the The Wealthy Entrepreneur Website: https://www.wealthyentrepreneur.co/
Download The Wealthy Entrepreneur (digital book) for FREE: https://profitsimple.ca/wealthy-entrepreneur

Like our Facebook Page at https://www.facebook.com/wealthyentrepreneurofficial

Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@wealthyentrepreneurofficial.

Let’s continue to work on becoming a Wealthy Entrepreneur!

See omnystudio.com/listener for privacy information.