The Financial Bites Podcast
by Chris Passmore
You are listening to The Financial Bites Podcast powered by Social Media CPA. My name is Chris Passmore and I'm your host. I'm here to share news and numbers important to social media creators, influencers, entrepreneurs, business owners and anyone else! My content will address strategies to reduce taxes, ways to protect your assets, the impact of current events on your business as well as other important money saving tips!
Episodes
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EP. 23 Cyber Security for Your Business with Expert Jim Bourke
Just recently Forbes reported that 1 in 3 polled executives reported their business was the target of a cyber attack! Famous cyber breaches include Microsoft, the Red Cross, T Mobile, Pizza Hut and PayPal. So what cyber security trends will affect you and how do you protect yourself? Find out…
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EP.22 Is Bankruptcy Right For You With Expert – Brent George
Recently there was a dramatic increase of bankruptcy filings. You may be surprised, but some notable past bankruptcies include General Motors, Marvel and the Chicago Cubs! So what are the various forms of bankruptcy and how can it provide relief to distressed individuals and companies? Find out...
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EP. 21 What To Expect From M&A This Year With Expert – Christian Schiller
During 2021 the number of mergers and acquisitions (M&A) were at record breaking amounts. Then in 2022 there was a slight decrease and now there are reports of significant “dry powder” in the hands of venture capital, private equity and strategic buyers. So what can you expect from M&A this year?...
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EP. 20 Investing During Turbulent Times with Expert – Joe Seetoo
Financial markets are up, investments are down, crypto is all over the place! What should investors know about investing during turbulent times? Find out more from Joe Seetoo! 👇 👇 👇 Joe is a Partner and Senior Vice President at Morton Wealth and for over 20 years has guided business owners and...
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EP.19 A Discussion about What Legal Documents You Need for Your Business with Expert - Janice Miller
According to a recent Statisa survey, the number of new businesses each year has increased from 560,000 in 2010 to 840,000 in 2021. So if you have a new business, what legal documents do you need? Find out from more from Janice Miller! Janice is the Managing Partner of The Miller Laga Law Group…
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EP.18 A Discussion about the Cannabis Industry with National Expert - Steve Monacelli
The cannabis industry is booming and projected revenue this year is $25B! To discuss this exciting industry I interview Steve Monacelli who is a nationally recognized expert. Steve and I discuss the unique challenges for business owners in cannabis including the infamous 280E provision of…
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EP.17 Financial Planning and Analysis with Expert - Mark Wald
According to a recent Federal Reserve study, 90% of companies with EXCELLENT financial health prepare annual budgets or forecasts. So in this episode I discuss the art of Financial Planning and Analysis (FPA) with an expert in the field, Mark Wald. Specifically, we discuss the key aspects of FPA...
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EP.16 So What is Capital Gains Tax?
You have probably heard the term "Capital Gains Tax" before. Likely, it was during a discussion about selling real estate or stock. But have you wondered about what exactly Capital Gains are and how it could affect you? In this podcast I explain the concept of Capital Gains Tax, when you will…
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EP.15 Accounting 101 (Balance Sheet)
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the second most...
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EP.14 MAJOR Changes to Lease Accounting
On January 1, 2022, the most significant accounting change in 40 years will go into effect for privately held companies. If you have an office or building lease, this new standard WILL affect you! Deloitte & Touche estimated the impact of this accounting change to S&P 500 companies in the…
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EP.13 Accounting 101 (Income Statement Basics)
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the most important...
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EP.12 Accounting 101 (Calendar vs. Fiscal Year)
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the possible...
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EP.11 Accounting 101 (Basic Accounting Equation)
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the basic…
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EP.10 Accounting 101 (Cash vs. Accrual Basis)
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the two common…
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EP.9 Five Common Tax Return Mistakes!
It's that time of year! Are you preparing your own personal income tax return? If so, you need to know about the top 5 mistakes I see when helping my clients. These common mistakes include: 👉 Name or address not up to date (due to marriage, relocation) 👉 Incorrect filing status (what the heck…
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EP.8 New Financial Relief With The American Rescue Plan!
The American Rescue Plan Act of 2021 was signed into law and it includes SIGNIFICANT financial aid for individuals and businesses 💸. In this video I discuss the 5 KEY provisions for US taxpayers. These provisions are 👇👇👇 1) New $1,400 stimulus payment 💵 2) $300 supplemental unemployment...
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EP.7 Important Tax Credits When Buying an Electric Vehicle
If you recently purchased an electric vehicle, you could receive Federal and State income tax credits up to $10,000. The amount of tax credit you will receive depends on several factors including the vehicle's battery size. Other factors include the state you live in and your personal income tax...
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EP.6 Everything You Need to Know About Bitcoin, Taxes and Accounting!
Are you an investor in Bitcoin or other digital currencies? If so, congratulations! These assets are hot right now and you likely made huge gains. But as they they in Spiderman, "with great gains comes great taxes." Ok, I may have made a small change to the original quote. Joking aside, you do…
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EP.5 Accounting 101 (Common Financial Statements)
Welcome to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss common financial...
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EP.4 Profit on GameStop? Get Ready to Pay the Tax Bill!
If you were one of the lucky few who made A TON of money on the recent GameStop stock rally, congratulations! Great job timing the market and capitalizing on an extraordinary situation. Now you need to understand the Income Taxes that will be due to the IRS. This video discusses the impact of…
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EP.3 Top 10 Tax Deductions for Creators
Are you a influencer, blogger, podcaster, YouTuber or other Creator? First of all, if you are in the "business" of creation and earning income than congratulations. You are officially a small business! As a business owner you are eligible to deduct business expenses to minimize your income taxes....
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EP.2 Accounting 101 (Basic Terms)
Welcome to ACCOUNTING 101! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, this podcast will help develop your fundamental understanding of basic accounting. In this podcast I discuss 4 basic definitions that are the FOUNDATION…
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Ep.1 Welcome to the Financial Bites Podcast!
Welcome to the first episode of the Financial Bites Podcast! Let's face it, finances, accounting and taxes can all "bite." But in my podcasts I will break down the basics and talk about what is truly important for you. For example, paying less taxes! This podcast is produced by Social Media CPA…
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About this show
You are listening to The Financial Bites Podcast powered by Social Media CPA. My name is Chris Passmore and I'm your host. I'm here to share news and numbers important to social media creators, influencers, entrepreneurs, business owners and anyone else! My content will address strategies to reduce taxes, ways to protect your assets, the impact of current events on your business as well as other important money saving tips!
Hosted by
Chris Passmore
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