Reduce Your Tax Liability by up to 60% Without Replacing Your CPA with Mark Myers episode artwork

EPISODE · Jul 21, 2023 · 39 MIN

Reduce Your Tax Liability by up to 60% Without Replacing Your CPA with Mark Myers

from The Dave Kittle Show

Curious about reducing tax liability without replacing your CPA? Wondering what strategies to use for business owners looking to exit within 3-5 years? Eager to learn about Mark Myers' "Chip Shot" approach for significant tax savings?In this week's episode, our host, Dave, chats with Mark Myers of Peak Profit Solutions. Mark, a dedicated Tax Savings Architect, combines his two decades of business operations experience and high-level consulting to save countless individuals and professionals a substantial amount on their annual taxes. As a former Marine Corp Sergeant in Bravo Company 4th Marine Division, Mark transfers his unwavering discipline and determination onto reducing his client's tax bills, assisting them in business growth and wealth generation.You can connect with Mark via his website - www.peakprofitsolutions.com, or on LinkedIn - https://www.linkedin.com/in/markshannonmyers/. You can also email him at [email protected]. In this episode, they will touch on such topics as:A new level of efficiency for those burdened with extensive taxes and enhancing their knowledge to tackle this frustration.Beneficial tactics for business owners contemplating exiting their business in the next 3 to 5 years or beyond. Unpacking two strategies to reduce capital gains tax during a business sale: Pre-sale planning, which involves structuring the sale specifically, and post-sale recapture. By ensuring a properly structured sale, we can significantly reduce or in some cases, even eliminate the tax.Sale planning: Understanding your business structure and how different structures offer various exit strategiesThe "pre-sale planning": Changing the owning entity from the current owner to something else - a trust, different LLC, or a shell company, ensuring the control remains with the original owner and potentially opening up massive tax savings.The Chip Shot: How his ingenious approach, the "chip shot", could significantly impact your tax saving decisions.P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.

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Reduce Your Tax Liability by up to 60% Without Replacing Your CPA with Mark Myers

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