115 - Is it Deductible? The POND Method
from Wealth Game Hosted by Brent Bement, CPA
In this video, I introduce the POND method to determine if expenses are deductible for your business or rental property. The acronym POND stands for Purpose, Ordinary, Necessary, and Documentation. I explain how each factor plays a crucial role in identifying deductible expenses. No action requested from viewers. Thank you for listening to another episode of the Wealth Game Podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes. For topic suggestions, questions to cover, or collaboration requests please email [email protected]. For additional information and links to all available platforms please visit our website at www.wealthgame.io Contact Us: Website: https://links.wealthgame.io Connect with Brent Bement: LinkedIn: www.linkedin.com/in/brentbement TikTok: www.tiktok.com/@brent_bement Twitter: www.twitter.com/WealthGamePod Threads: www.threads.net/@brentbement Instagram: www.instagram.com/wealthgame.io Facebook: www.facebook.com/wealthgamepodcast YouTube: www.youtube.com/channel/UCigDe1NmrAVG0jeG-6q1Rig
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