Bonus: Proactive Tax Strategy & Multi-State Insights for Business Owners

Think tax strategy is just for April? Think again—this episode dives into how proactive planning, multi-state considerations, and personal client relationships can save businesses big and help them scale smarter.In this episode of Sterling Insights, guest host Seth Krussman sits down with Joseph Witzig, a seasoned CPA and founder of a thriving multi-state advisory firm. Together, they explore the evolving tax and accounting landscape, sharing valuable insights and practical tips for listeners. Joseph draws from a diverse background—ranging from military intelligence to boutique accounting firms—to discuss the real challenges business owners face when navigating complex tax codes and growth. This episode is a must-listen for advisors, CPAs, and business owners, providing both knowledge and tools to navigate this critical but often overlooked subject.Key Takeaways:● 🧭 Proactive Planning Pays Off: Why forecasting taxes and financials in advance can make or break a business.● 🗺️ Multi-State Blind Spots: How hiring remotely or expanding into new states can create unexpected tax liabilities.● 💼 The S-Corp Decision: A deep dive into whether S-Corp status actually makes sense—and how to know for sure.● 🤝 Human First, Virtual Second: Why hybrid accounting firms with in-person options are standing out in a remote-first world.● 🧠 Experience Over Speed: Advice to aspiring CPAs on why waiting and gaining experience is the best foundation for starting your own firm.Quotes from the Joseph:● “We started the firm on the idea of being proactive—not just reacting to what already happened.”● “One employee in another state can trigger tax filing requirements you never planned for.”● “The balance sheet matters just as much as the P&L—if not more.”🔗 Conclusion:This episode highlights the power of proactive strategy, cross-state awareness, and personalized client service—offering a refreshing lens on what modern advisory firms can and should be doing to stay ahead.Connect with Joseph Witzig:Website:  https://www.witzigcpa.com/LinkedIn:  https://www.linkedin.com/company/witzig-cpa?trk=public_profile_experience-group-headerWith Your Guest Host Seth Krussman:Seth Krussman is a seasoned financial advisor and partner at Brayshaw Financial Group, LLC, with over 30 years of experience in entrepreneurship, business development, and wealth management. A Registered Representative and Investment Advisor Representative with Osaic Wealth, Inc., Seth specializes in tax-efficient investment strategies, executive compensation, and succession planning for high-net-worth clients. Based in Hillsboro, Oregon, he is also the nationally recognized co-host of the radio show Money On Tap and an active community leader, husband, and father.Connect with Seth:Website:  https://www.brayshawfinancial.com/Podcast:  https://www.brayshawfinancial.com/money-on-tapFacebook:  https://www.facebook.com/3Dinvesting/X:  https://x.com/BFG_LLC/New boost Learn more about your ad choices. Visit megaphone.fm/adchoices