Entrepreneurs on Fire Plan Ahead: Take Action Today to Reduce Your Tax Bill by Thousands Next Year with Matthew Dominic Sercely: An EOFire Classic from 2022
Feb 22, 2026
Matthew Dominic Sercely, attorney and tax planner who helps entrepreneurs structure businesses to cut taxes. He explains what tax planning is and when to start. He shares real case studies of big savings and practical year-round steps like record-keeping and forecasting. He warns against hoping taxes disappear and covers common missed deductions and crypto complications.
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Set Up Structure And Timing For Tax Savings
- Do set up your business structure and timing of expenses intentionally to lower future taxes.
- Matthew Dominic Sercely explains tax planning includes entity setup, expense timing, and shifting tax liabilities across years.
Hire A Planner Not Just A CPA
- Do involve a tax planner, not just a CPA, for strategic decisions because planning requires judgment beyond accounting.
- Matthew Dominic Sercely warns CPAs often focus on numbers while tax planning needs broader thinking to avoid costly tradeoffs.
High Earner Saved $23,000 By Adding A Business
- A client with a $400,000 combined income saved about $23,000 in taxes by creating a second legal business.
- Matthew Dominic Sercely says that single structural change delivered the large first-year tax reduction.