Keep What You Earn

Today I'll be diving into the world of playing in the gray areas of tax codes. I'll be sharing some valuable insights on how to navigate potential gray areas in taxes, along with offering examples and advice on making a solid business case for deductions. Throughout the episode, I'll provide practical strategies for entrepreneurs looking to maximize tax advantages while staying compliant. Tune in to learn how to equip yourself with the right tools to minimize risk and ensure a successful financial journey for your business. What you'll hear in this episode: 03:49 Record and discuss financial plans thoroughly. 07:10 Infrequent use of extravagant clothing for work. 11:09 Deductions should make a significant impact. 14:17 Understanding manufacturing and tax code for entrepreneurs. 17:03 Evaluate honestly; find a match in risk. If you like this episode, check out: 3 Steps to Preventing Tax Season Stress The Power of a Tax and Accounting Combo Team The Truth Behind TikTok Tax Strategies Want to learn more so you can earn more? Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Today, we're diving in with the innovative Mike Abramowitz. Prepare to be inspired as Mike walks us through his own transformation, embracing AI for unprecedented time and financial freedom. We'll learn creative AI uses, such as crafting customized grocery lists, and dissect the 10-80-10 approach that's reshaping task delegation. As we navigate the potential of AI in simplifying and enhancing business operations, Mike will share insights on how these technologies have fueled his financial success and helped entrepreneurs reclaim their time. Mike Abramowitz has 20 years of direct sales experience training 5000+ sales reps for $17M sold, has 9 books in the self help space, and founded PB&J for Tampa Bay. He has scaled his several 6 figure businesses and non profit to be run without him so he can experience time freedom that he desires. He's a busy father and husband who helps other busy entrepreneurs implement systems in their businesses by leveraging automation and delegation to help business operators become business owners and truly experience the financial and time freedom that drew them to entrepreneurship in the first place. He has a podcast called The Better Than Rich Show and a community called Automate, Delegate, Systemize. Facebook: https://www.facebook.com/betterthanrich LinkedIn: https://www.linkedin.com/company/betterthanrich Instagram: https://www.instagram.com/betterthan_rich/ YouTube: https://www.youtube.com/c/BetterThanRich Website: https://va.betterthanrich.com Facebook Group: https://www.facebook.com/groups/betterthanrichshow Twitter: https://twitter.com/betterthan_rich TikTok: https://www.tiktok.com/@betterthanrich What you'll hear in this episode: 09:40 Encourage coaching and feedback for long-term gains. 12:33 McDonald's work taught valuable business lessons. 14:19 Adapting to innovation through the smartphone analogy. 16:58 Transitioned from direct sales to tech-savvy entrepreneur. 22:07 Creative tool with versatile business applications. 25:33 AI can repurpose content to boost visibility. 29:17 Developing admin tasks, using AI and team. 30:56 Implementing AI in writing requires human oversight. 34:54 Efficiently streamlining client podcast review process. 37:24 Choose objectives wisely, then use appropriate tools. If you like this episode, check out: Unlocking the Secrets of My SOPs What Qualifies as a Deduction How to Deliver an Exceptional Customer Experience Want to learn more so you can earn more? CFO On Demand click here Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Navigating tax season may not be the highlight of your year, but fear not! In this episode, I unveil three invaluable tips that can transform this mundane task into a stress-free experience. Brace yourself for a spoiler – it's not about burdening yourself with additional tasks; rather, it's about smart strategies that alleviate the pressure without adding more to your plate. What you'll hear in this episode: 03:33 Outsourcing bookkeeping can save you time. 07:38 Start now, don't wait, organize tax documents. 10:25 Organize documents for tax preparation in one system. 13:45 Hiring a professional: communication and meetings control. 17:48 Good teachers are key to success. If you like this episode, check out: Unlocking Business Success: Mastering the Art of the Accountable Plan The Truth Behind TikTok Tax Strategies Harness the Benefits of an Accountable Plan in Your Business Want to learn more so you can earn more? Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Join us as Ali illuminates the essential strategies for keeping your customers loyal and driving business growth. Discover why nurturing customer relationships extends well beyond the initial sale and learn how truly understanding your customer base can lead to unparalleled success. From tackling the misconceptions of the "customer is always right" philosophy to defining and engaging with your most loyal customer segments, this episode will challenge you to think differently about sales and service. Do not miss out on these expert strategies for building trust and maximizing customer satisfaction. Let's dive into a conversation that could revolutionize the way you do business. Ali Cudby is a renowned customer retention expert and the CEO of Alignmint Growth Strategies. With over 15 years of experience advising startups and global companies, Ali specializes in transforming customer experience, increasing lifetime value, and building customer loyalty. She's also the author of the #1 bestseller "Keep Your Customers." Ali is passionate about helping businesses thrive through post-sale customer outcomes and practical, research-backed strategies. Website: alignmintforgrowth.com LinkedIn: https://www.linkedin.com/in/alicudby/ What you'll hear in this episode: 05:29 Marketplace mindset: hunting and farming both essential. 06:26 Clear and consistent customer engagement for success. 11:27 Partnering for specialized services for customer retention. 15:19 Listening to customers drives business growth and satisfaction. 16:36 Emphasis on keeping loyal customers in business. 22:32 Evaluate detractors, utilize Net Promoter Score effectively. 24:37 Relying on one metric misses multiple dimensions. 30:10 Identifying ideal clients based on desires and fit. 30:57 Realized need for lasting client relationships post-Covid. If you like this episode, check out: Why Simply Raising Prices Isn't Enough What Latin Music Can Teach You About Business How to Have a Successful Podcast Want to learn more so you can earn more? Download the Money Pro Matchmaker tool here Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Hey there, on today's episode of Keep What You Earn, I'm excited to unpack how to set up for a successful 2024. I'll be diving into four key strategies to help you achieve your goals, from committing to your priorities and holding yourself accountable, to surrounding yourself with the right people and influences. Join me as we explore how to cultivate authentic relationships, seek valuable support, and navigate the confusing world of accounting and tax. Let's set a pattern of success for the year ahead and gain valuable insights on how to grow our business and personal wealth. What you'll hear in this episode: 06:26 Utilize social media to grow your network. 10:00 Surround yourself with accountable, supportive, and loyal people. If you like this episode, check out: [3 EPISODES WITH SIMILAR TOPICS] - use KWYE Framework, ditch categories Want to learn more so you can earn more? Download the Money Pro Matchmaker tool here Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Today I'm diving into the crucial steps entrepreneurs can take to eliminate tax season stress. As a CPA and business owner, I'm sharing practical tips to ensure a smoother tax preparation process. From the importance of proper bookkeeping to setting clear expectations with your accountant, these insights offer valuable guidance for business owners. You will also find a valuable tool for organizing tax documents and learn the benefits of proactive communication with your accountant. What you'll hear in this episode: 05:53 Establish tax season expectations with your accountant. 08:46 Create inventory list, organize important documents securely. 10:58 Keep all tax documents in one place. If you like this episode, check out: The Truth Behind TikTok Tax Strategies Harness the Benefits of an Accountable Plan in Your Business The Tax Impact of Selling Digital Products Want to learn more so you can earn more? Transform your small business journey – download the Small Business $tarter Kit here. Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Welcome to another exciting episode of Keep What You Earn! Today, I am bringing you all the insider insights into Health Savings Accounts (HSAs) and how they can be a game-changer for saving on taxes. Joining me is none other than Austin Preece, a certified financial planner and enrolled agent, who's here to share his wealth of knowledge on all things HSAs. In this episode, Austin and I get down to the brass tacks of HSAs, including their benefits, who qualifies for them, the opportunities for investment, and some key pointers for both entrepreneurs and employees looking to get the most out of these nifty tax-saving tools. So, if you've ever wondered about the potential of HSAs and how they can help you keep more of what you earn, this podcast episode is a must-listen. Get ready to level up your financial game and make informed decisions about your money. Austin Preece is a dedicated financial advisor who has carved out a niche by focusing on a segment of the population that often goes underserved in the finance industry. While many of his peers concentrate on retirees, Austin finds fulfillment in addressing the unique financial challenges faced by those who are still years away from retirement. He takes a keen interest in the complex questions and issues that arise for this demographic, providing tailored financial planning and proactive management of their assets. His enthusiasm for guiding individuals through the earlier stages of their financial journeys illuminates his practice and fills a crucial gap in the advisory landscape. Austin's approach not only showcases his expertise but also his desire to make a meaningful difference in the lives of his clients during their peak earning years. What you'll hear in this episode: 04:56 HDHP requires specific deductible and out-of-pocket limits. 07:42 HSA options for self-employed individuals explained. 11:20 Can we withdraw money from retirement accounts? 15:46 Expensive health insurance, prefer high deductible plan. 16:49 Health insurance choices: benefits vs. costs explained. 19:40 HSA contributions through payroll and alternative options. If you like this episode, check out: How to Introduce Your Kids to Money How to Pour Money Into Your Business 4 Steps to Start Your Investing Journey with Tess Waresmith Want to learn more so you can earn more? CFO On Demand click here Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Ever been told you should charge more? Yeah, we all have! The pressure to hike up prices for better revenue is real. But guess what? It's not always the magic fix. In this episode, I dive into why there's more to boosting your income than just jacking up prices and spill the beans on ways to tweak your revenue game for the long haul. What you'll hear in this episode: [1:13] How can I bolster my profit margins when they're not holding up? What steps should I take? [05:33] Consider other marketing strategies before raising prices. [07:58] Imposter syndrome led to self-realization, success. If you like this episode, check out: Are You Articulating Your Value? Revenue Goals That Actually Move the Needle This Pricing Mistake is Costing You Thousands Want to learn more so you can earn more? Tax Deduction Guide: https://www.keepwhatyouearn.com/tax-deduction-guide Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Today we're taking a look back at 2023, and setting the stage for 2024. I'm reflecting on the milestones and challenges of the past year, giving a shout-out to the amazing team behind the podcast and their successes, such as securing the Keep What You Earn trademark and expanding into a dedicated team. I am also sharing my personal theme for the year, "ownership," and revealing the new focus for 2024: "simplify." This episode is packed with insights and a call to action for listeners to share their word for 2024. Plus, stay tuned for exciting changes coming to the podcast. What you'll hear in this episode: [04:47] Developing lifelong learners through training and knowledge. [08:33] Take ownership and responsibility for your actions. [10:34] Reevaluating priorities, serving the listener, seeking feedback. If you like this episode, check out: Financial Metrics to Know for Service Based Businesses You Accomplished Your Goal. What's Next? Questions to Ask Yourself as a CEO Want to learn more so you can earn more? 5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

In this episode I dive into the world of forecasting, outlining the differences between cash flow forecasts, budgets, and projections. I'm sharing valuable insights on creating more accurate forecasts, and emphasizing the importance of being directionally correct rather than perfect. I am also discussing the significance of considering sales pipelines, anticipating revenue, and factoring in personal cash flow needs when preparing business forecasts. So, get ready to gain practical wisdom and actionable advice to make informed financial decisions for your business. What you'll hear in this episode: [07:14] Diversify forecasts, focus on conservative revenue levels. [8:45] Business decisions influence costs, focus on revenue. [12:44] Consider team pay, promotions, and future expenses. [15:53] Accessible support for financial statement understanding available. If you like this episode, check out: You Accomplished Your Goal. What's Next? Questions to Ask Yourself as a CEO Why Building a Sellable Business Should Be Your Goal Want to learn more so you can earn more? CFO On Demand click here Click here to take our Podcast Listener Survey - we appreciate your feedback! Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.