184 \\ The Hidden Tax Mistake That Could Put Your Business at Risk of an Audit

Are you unknowingly overpaying on your taxes? In this episode, I uncover a crucial IRS election that many business owners miss—the De Minimis Safe Harbor Election. This simple step allows you to expense smaller assets upfront instead of depreciating them over years, saving you money and reducing your tax burden.

I’ll walk you through what this election is, how it works, and why it’s essential for businesses with equipment, computers, and other fixed assets. If you’re preparing your own taxes or unsure if your CPA is making this election, this episode is a must-listen. Missing this step could mean paying more in taxes or risking an audit.

Don’t leave money on the table! Tune in now to learn how to use this election to your advantage and make sure your taxes are done right this year. 

 

Next Steps:

💰Pay Less in Taxes – Start Here! 💰

☎️ Are you overpaying in taxes every year?  Schedule a FREE discovery call to find out!

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