Podcasts by Small Business Tax Savings Podcast

What 3 Mistakes Do New High-Income Entrepreneurs Make and How Can They Avoid Them? from 2022-01-19T05:00

On this episode Mike Jesowshek, CPA talks with Chris Hanna. He shares his story of entering the entrepreneurial journey and shares tips he has learned along the way.

1) Mistake #1: Ignorin...

What's the Difference Between a Hobby and Business? from 2022-01-12T05:00

On this episode Mike Jesowshek, CPA talks about the difference between a hobby and a business and why this could be so important to you.

1) What is a Hobby?
2) What Are Hobby Loss Rule...

When Are 2021 Tax Returns Due? How Can I Make This Tax Season Stress Free? from 2022-01-05T05:00

On this episode Mike Jesowshek, CPA talks about the 2021 tax due dates and how to be prepared for this upcoming tax season.

1) What Are The 2021 Tax Due Dates?
2) Action Steps For Your...

Tax Savings Summit + Guest Appearance on the Financial Flossing Podcast from 2021-12-29T05:00

On this episode Mike Jesowshek, CPA takes some time to talk about the Small Business Tax Savings Summit. He then ends it with a guest appearance he had on the Financial Flossing Podcast.

L...

Tax Minimization Program + Guest Appearance on The Free Retiree Show from 2021-12-22T05:00

On this episode Mike Jesowshek, CPA takes some time to talk about the Tax Minimization Program. He then ends it with a guest appearance he had on The Free Retiree Show.

LINKS FROM THE SHOW...

What Do I Need To Know About 1099s? (For Business Owners) from 2021-12-15T05:00

On this episode Mike Jesowshek, CPA talks about 1099s and why they are so important to you as a business owner.

1) What Is the One Thing I Need to Make Sure I Know About 1099s?
2) When...

What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense? from 2021-12-08T05:00

On this episode Mike Jesowshek, CPA talks about depreciation and why a capitalization policy is so important for business owners.

1) What Is Depreciation?
2) What Options Do You Have f...

What Year-End Tax Strategies Are Available to Business Owners? from 2021-12-01T05:00

On this episode Mike Jesowshek, CPA talks about last minute tax strategies that are available to business owners that need to be implemented before year-end.

1) High Level Quick Hit Year-E...

What Is a Cost Segregation Study and When Does It Make Sense? from 2021-11-24T05:00

On this episode Mike Jesowshek, CPA talks with Lester Cook from KBKG about cost segregation.

1) What is Cost Segregation?
2) What is a Cost Segregation Study & How Does it Work? Listen

How Do I Reimburse Myself From the Business? When Does An Accountable Plan Come Into Play? from 2021-11-17T05:00

On this episode Mike Jesowshek, CPA talks about reimbursing yourself from the business and the importance of having an accountable plan in place.

1) Operating As A Sole Proprietor or Singl...

What Is the Research and Development (R&D) Credit and How Do I Qualify? from 2021-11-10T05:00

On this episode Mike Jesowshek, CPA talks with Jonathan Tucker from KBKG about the Research and Development (R&D) Tax Credit.

1) What is the Research and Development (R&D) Tax Cred...

What Health Benefit Options are Available for Small Businesses With Employees? from 2021-11-03T05:00

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the options that are available to those business owners looking to offer health benefits to...

What Options Are Available to Business Owners With High Medical Costs? from 2021-10-27T05:00

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the options that are available to those solo business owners out there with high medical co...

What Is An HSA and How Do They Work? from 2021-10-20T05:00

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the Health Savings Account (HSA).

1) What Is a Health Savings Account (HSA)?
2) W...

How Does the Deduction For Self-Employed Health Insurance Work? from 2021-10-13T05:00

On this episode Mike Jesowshek, CPA kicks off the "Healthcare Mini Series" with some guidance on treatment for self-employed health insurance premiums.

1) How Do I Report Self-Em...

What Is the Employee Retention Tax Credit and How Do I Qualify and Receive the Credit? from 2021-10-06T05:00

On this episode Mike Jesowshek, CPA shares a webinar he did on the Employee Retention Tax Credit. The Employee Retention Credit is a federal government cash award available to virtually every sm...

Small Business Tax Savings Summit - Registration Now Open! from 2021-10-05T05:00

On this special, one-off episode Mike Jesowshek, CPA announces the Small Business Tax Savings Summit and that registration is now open!

Sign-Up Now: https://www.taxsavingspodcast.com/su...

Interview with MJ DeMarco a International Best-Selling Author (The Millionaire Fastlane) from 2021-09-29T05:00

On this episode Mike Jesowshek, CPA interviewed MJ Demarco, international best-selling author. We talk about how you can shift away from the status quo way of thinking and build a business quick...

Starting a Business Series - Q&A Session - Part 2 of 2 from 2021-09-22T05:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series with a Q&A session for those topics that were sent to us throughout the series. 

This is Par...

Starting a Business Series - Q&A Session - Part 1 of 2 from 2021-09-15T05:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series with a Q&A session for those topics that were sent to us throughout the series. 

This is Par...

What Apps Do I Need As A New Business Owner? from 2021-09-08T05:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He explains what software apps you will want to consider.

1) What Are the Two Most Vital Accountin...

What Are Estimated Taxes and How Do I Pay Them? from 2021-09-01T05:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He explains what estimated taxes are and the importance of them and how you go about paying for them. Listen

What Do I Need To Know About Taxes As A Business Owner? from 2021-08-18T05:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the high level things you need to know about taxes as a new business owner.

1) What D...

How Do I Hire Employees In My Business? from 2021-08-11T10:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the things you need to think about as you look to start hiring employees

1) Do I Bring On ...

Do I Need To Do Bookkeeping For My Business? from 2021-08-04T10:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the importance of doing bookkeeping in your business.

1) What Is Bookkeeping?

2...

How Do I Setup An LLC or Corporation? from 2021-07-28T10:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! For this one we have special guest, Andrew M Ayers on to discuss the process of setting up an LLC or Corporation Listen

Should I Stay a Sole Prop or Organize an LLC or Corporation? from 2021-07-21T10:00

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! For this one we have special guest, Andrew M Ayers on to discuss staying a Sole Prop or Incorporating.

...

What Initial Things Should I Consider When Starting A New Business? from 2021-07-14T10:00

On this episode Mike Jesowshek, CPA kicks off the new "Starting a Business" series!

1) What Stage Am I At In The Business?

2) How Should I Organize My Business?

...

What Can I Deduct As A Business Expense? from 2021-07-07T10:00

On this episode Mike Jesowshek, CPA talks about business deductions and how to maximize them.

1) What Can I Deduct As A Business Expense?

2) How Do I Maximize Business Dedu...

Small Business Tax Savings Podcast - 3 Years in Review + Promo from 2021-06-30T10:00

On this episode Mike Jesowshek, CPA gives a 3 year update on the Podcast.

1) 3 Years In Review

2) What's New?

3) What's Next?

4) How Can You Help?

What Do I Need To Know About Retirement Plan Deadlines? from 2021-06-23T10:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on from Life Inc Retirement Services to discuss what you need to know about retirement plan deadlines.

1) Retirem...

How Does The Child Tax Credit Work For 2021? from 2021-06-16T10:00

On this episode Mike Jesowshek, CPA talks about how the child tax credit has changed specifically for 2021.

1) What Are The Typical Parameters Around The Child Tax Credit?

...

How Can I Deduct 100% of Employee Recreation and Parties? from 2021-06-09T10:00

On this episode Mike Jesowshek, CPA talks about how you can potentially deduct 100% of the cost of employee recreation and parties.

1) How Is It Possible To Get a 100% Deduction For E...

How Do I Avoid A Big Tax Bill Or Surprise? from 2021-06-02T10:00

On this episode Mike Jesowshek, CPA talks about what to do if you have business expenses that you accidentally paid for personally.

1) How Do I Avoid A Big Tax Bill?

2) How...

How Are Start-Up Costs Handled? from 2021-05-26T10:00

On this episode Mike Jesowshek, CPA talks about what start-up costs are and how they are handled.

1) What Are Start Up Costs?

2) What Are Organizational Costs?

3...

What Are Baseline Tax Strategies vs Advanced Tax Strategies? from 2021-05-19T10:00

On this episode Mike Jesowshek, CPA talks about what baseline tax strategies are and how they compare to advanced tax strategies.

1) What Are Baseline Tax Strategies?

2) Wh...

I Accidentally Paid For Business Expenses Using Personal Funds, Now What? from 2021-05-12T10:00

On this episode Mike Jesowshek, CPA talks about what to do if you have business expenses that you accidentally paid for personally.

1) Why Should I Separate Business and Personal Expe...

Modernizing Your Small Business w/ Special Guest Gordon Henry from 2021-05-05T10:00

On this episode Mike Jesowshek, CPA has special guest, Gordon Henry, on to discuss how you can modernize your small business.

1) FREE WEBINAR: Tax Secrets Nobody Tells Entrepreneurs -...

Why Should I Hire My Kids In My Business? from 2021-04-28T10:00

On this episode Mike Jesowshek, CPA talks about how you can hire your kids in your business!

1) What Do I Need To Know About Hiring My Kids In My Business?

2) Great, Now Ho...

What Do I Need To Know About Meal Expenses For 2021? from 2021-04-21T10:00

On this episode Mike Jesowshek, CPA talks about the changes to meal expenses here in 2021.

1) How Does The Meal Deduction Typically Work?

2) Great, Now What Changed For 202...

How Do You Get Profits Out Of Your Business? from 2021-04-14T10:00

On this episode Mike Jesowshek, CPA talks about the options available to you to get money out of your business to you personally.

1) What Is An Owner’s Draw vs Salary? 

What If I Cannot Afford To Pay My Taxes When Due? from 2021-04-07T10:00

On this episode Mike Jesowshek, CPA talks about the options available to you if you cannot afford your tax bill.

1) What Do I Need To Know If I Cannot Afford To Pay My Tax Bill?

Is It Fine To File An Extension And What Do I Need To Know About Tax Extensions? from 2021-03-31T10:00

On this episode Mike Jesowshek, CPA talks about the tax extensions and what you need to know.

1) Is It Fine To File An Extension?

2) What Are The Extension Deadlines For Ta...

Can I Have A Home Office If I Have Another Office? from 2021-03-24T10:00

On this episode Mike Jesowshek, CPA talks about the home office and what you need to know.

1) What Qualifies As A Home Office?

2) How Do I Calculate The Home Office Deducti...

American Rescue Plan Act – What Do I Need To Know? from 2021-03-17T10:00

On this episode Mike Jesowshek, CPA talks about the newly passed COVID relief package, American Rescue Plan Act.

1) American Rescue Plan Act – Stimulus Payments

2) American...

Do I Need To File A Tax Return (Personal or Business)? from 2021-03-10T11:00

On this episode Mike Jesowshek, CPA talks about the tax return filing requirements and if you even need to file.

1) Do I Need To File A Personal Tax Return?

2) Do I Need To...

What Is The 14 Day Home Rental Strategy (aka The Augusta Rule)? from 2021-03-03T11:00

On this episode Mike Jesowshek, CPA talks about the 14 day home rental strategy (also known as The Augusta Rule).

1) What Is The 14 Day Home Rental Strategy (aka The Augusta Rule)? Listen

What Are Some Advanced Retirement Plan Options For High-Income Earners? from 2021-02-24T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss advanced retirement options for high income...

What Is a Safe Harbor 401k or QACA Safe Harbor 401k? from 2021-02-17T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the Safe Harbor and QACA Safe Harbor 401k.<...

What Is a Traditional 401k For Businesses? from 2021-02-10T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the Traditional 401k.

1) What Is...

What Is a SIMPLE IRA or Payroll Deducted IRA? from 2021-02-03T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the SIMPLE IRA and Payroll Deducted IRA. Listen

What Is A SEP IRA and Solo or Individual 401k? from 2021-01-27T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the SEP IRA and Solo or Individual 401k. Listen

What Retirement Options Are Available For Business Owners? from 2021-01-20T11:00

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to start a series that we are doing on retirement plan options.

1) What Is Your Goal With a Retirement Plan? Listen

What Do I Need To Know About Sales Tax? from 2021-01-13T11:00

On this episode Mike Jesowshek, CPA has special guest Danny Wright on to talk about what you need to know about sales tax..

1) What Is Sales Tax Nexus?

2) Is My Product or ...

How Can I Make Tax Season Stress Free and What Are The 2020 Tax Due Dates? from 2021-01-06T11:00

On this episode Mike Jesowshek, CPA talks about how you can make this tax season stress free and some of the important due dates for 2020.

1) Action Steps For Your Business Tax Return...

What Do I Need To Know About the COVID Relief Bill? from 2020-12-30T11:00

On this episode Mike Jesowshek, CPA talks about the new COVID relief bill and what you need to know. Here is what is discussed today:

1) What Is Included In the COVID Relief Bill for ...

Appearance on The One Big Tip Podcast with Jeff Mendelson from 2020-12-23T11:00

On this episode Mike Jesowshek, CPA shares an appearance he had on The One Big Tip Podcast by Jeff Mendelson.  Here are the show notes from that episode:

When Mike stepped out of...

What Do I Need to Know About Purchasing, Deducting, and Depreciating a Business Vehicle? from 2020-12-16T11:00

On this episode Mike Jesowshek, CPA talks about purchasing, deducting, and depreciation a business vehicle. Here is what is discussed today:

1) What Options are Available for Vehicle ...

What Do I Need To Know About Deducting Self-Employed Health Insurance? PLUS: Last Minute Medical Plan Strategies from 2020-12-09T11:00

On this episode Mike Jesowshek, CPA talks about self employed health insurance and what you need to do to ensure you get a full deduction. He also talks about a few other last minute health stra...

What Can I Do In My Business Before Year-End to Minimize Taxes? from 2020-12-02T11:00

On this episode Mike Jesowshek, CPA talks about strategies you can implement before year-end to minimize your taxes. Here is what is discussed today:

1) Prepay Expenses Using the IRS ...

What Is An Accountable Plan and Why Is It Important To My Business? from 2020-11-25T11:00

On this episode Mike Jesowshek, CPA talks about what an accountable plan is and how it can be beneficial in your business. Here is what is discussed today:

1) What is an Accountable P...

Coronavirus (COVID-19): PPP Forgiveness and Tax Treatment + EIDL Advance from 2020-11-18T11:00

On this episode Mike Jesowshek, CPA talks about PPP Forgiveness and the tax treatment along with tax treatment on the EIDL advance. Here is what is  discussed today:

1) Paycheck ...

What Is a 1099-NEC and What Do I Need To Know About 1099s? from 2020-11-11T11:00

On this episode Mike Jesowshek, CPA talks about 1099s and this new 1099-NEC form and what you need to know. Here is what is  discussed today:

1) What is Form 1099?

2) ...

How Do I Value My Business? What Do I Need To Know If I Plan to Sell? (w/ Special Guest Liz Briggson) from 2020-11-04T11:00

On this episode Mike Jesowshek, CPA has special guest Liz Briggson from Adamy Valuation on to discuss how you go about valuing your business and things you should consider if you plan to sell yo...

All About Bookkeeping Panel Discussion with JETRO Bookkeepers from 2020-10-28T10:00

On this episode Mike Jesowshek, CPA invites a few JETRO bookkeepers on for a panel discussion to wrap up the "All About Bookkeeping" series. If you missed the 8 part series, check those out. On ...

Top 7 Most Common Bookkeeping Mistakes Made from 2020-10-21T10:00

On this episode Mike Jesowshek, CPA finishes our "All About Bookkeeping" series. If you  missed the first seven episodes, check those out. Here is what is discussed today:

1) Not...

What is the Statement of Cash Flows? Any Other Important Financial Statements? from 2020-10-14T10:00

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first six episodes, check those out. Here is what is  discussed today:

1. What...

How Do I Read A Balance Sheet and Why Is It Important? from 2020-10-07T10:00

On this episode Mike   Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first five episodes, check those out. Here is what is discussed today:

How Do I Read An Income Statement and Why Is It Important? from 2020-09-30T10:00

On this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is  discussed today:

What Is An Income Statement vs Balance Sheet? from 2020-09-23T10:00

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is discussed today:

1. What Is ...

What Is Cash and Accrual Accounting? from 2020-09-16T10:00

On this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first two check those out. Here is what is discussed today:

1. What Is ...

What Are Bookkeeping Debits, Credits, and Chart of Accounts? from 2020-09-09T10:00

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first one check that out. Here is what is discussed today:



1. What Are Debits...

What Is Bookkeeping and Why Do I Need Bookkeeping For My Business? from 2020-09-02T10:00

On this episode Mike Jesowshek, CPA kicks off our "All About Bookkeeping" series with a important topic, what is bookkeeping and why do you need it. Topics discussed include:



1....

Everything You Need To Know About S Corporations - Series Wrap Up from 2020-08-26T10:00

On this episode Mike Jesowshek, CPA talks wraps up the S Corporation series with a nice summary of the prior 6 episodes.

Here are the topics covered in the prior episodes and summariz...

I Have An S Corp, Now What? from 2020-08-19T10:00

On this episode Mike Jesowshek, CPA talks about what you need to know now that you are setup as an S Corp, specifically discussion S Corporation owner health insurance and accountable plans (aka...

What Is A Reasonable Compensation For An S Corporation Owner? from 2020-08-12T10:00

On  this episode Mike   Jesowshek, CPA talks about what a reasonable compensation is for an S Corporation owner is an how you can go about trying to determine one. This is one epi...

What Are The Requirements For An S Corporation and How Do I Set One Up? from 2020-08-05T10:00

On this episode Mike   Jesowshek, CPA talks about what the requirements are for an S Corporation and how you can go about electing S Corp status in your business. This is one episode i...

What is an S Corporation and Why Should I Elect To Be One? from 2020-07-29T10:00

On this episode Mike  Jesowshek, CPA talks about what an S Corporation is and why you may want to elect to be taxed as one. This is one episode in a multi-part series that talks about S Cor...

What Is An LLC and How Is It Different From An S Corporation? from 2020-07-22T10:00

On this episode Mike  Jesowshek, CPA talks about what a sole proprietorship and an LLC is and how that is different form an S Corporation. This is just one episode in a multi-part series! Listen

Pass Through Entity - What is it and what does it mean? from 2020-07-15T10:00

On this episode Mike  Jesowshek, CPA talks about pass through entities. What are they are what does it mean?

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Podcast Host: Mike Jesowshek, CPA - Founder of JE...

Multiple Owner Business Structure Options and Tax Deadline Reminder from 2020-07-08T10:00

On this episode Mike Jesowshek, CPA talks about how to structure your business if you have multiple owners. He walks through two main options that are available to you.

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Company Retreats - Connect w/ Your Employees or Clients from 2020-07-01T10:00

On this episode Mike   Jesowshek, CPA talks about company retreats for your employees or clients. This is a great opportunity to connect on another level with your team.

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Coronavirus (COVID-19) - Paycheck Protection Program (PPP) Forgiveness for Small Businesses from 2020-06-24T10:00

On this episode Mike  Jesowshek, CPA talks about the Paycheck Protection Program (PPP) forgiveness details. With all of the changes that have been occurring this an overall update and summa...

Importance of Tax Planning for Small Business Owners from 2020-06-17T10:00

On this episode Mike Jesowshek, CPA talks about the importance of tax planning for business owners and the difference between tax preparation and filing and tax planning. As a business owner, ta...

Big Bank or Small Bank and PPP Program Update from 2020-06-10T10:00

On this episode Mike  Jesowshek, CPA talks about banking options, whther that is using a big bank, small bank or even a new digital bank. He also talks about the PPP bill that was passed an...

Coronavirus (COVID-19) - PPP Program Update, Free Tool, Funds Still Available from 2020-06-03T10:00

On this episode Mike Jesowshek, CPA talks about the bill that was passed by the House related to the PPP, a free tool to help with the PPP loan forgiveness, and a notice that funds are still ava...

Top 4 Bookkeeping Rules to Follow from 2020-05-27T10:00

On this episode Mike Jesowshek, CPA talks about the top 4 bookkeeping rules that you need to follow as a business owner.

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Podcast Host: Mike Jesowshek, CPA - Founde...

Coronavirus (COVID-19) - PPP Loan Certification Clarification, Taxability and Forgiveness Application from 2020-05-20T10:00

On this episode Mike  Jesowshek, CPA talks about the paycheck protection program, specifically about PPP loan certification clarification, PPP loan taxability, and PPP loan forgiveness appl...

Coronavirus (COVID-19) - Tax Deadlines/Extensions and Student Loan Payments by Employer from 2020-05-13T10:00

On this episode Mike Jesowshek, CPA talks about new tax deadlines and extension requirements due to the Coronavirus. He also discussed student loan payments made by the employer and how they are...

Free Bookkeeping Training Program & Community Giving from 2020-05-06T10:00

On this episode Mike  Jesowshek, CPA introduces our new FREE Bookkeeping Training Program all inclusive with templates, video training, etc. He also talks about giving back to the community...

Coronavirus (COVID-19) - PPP Forgiveness Information and Certification from 2020-04-29T10:00

On this episode Mike Jesowshek, CPA talks about the forgiveness piece of the Paycheck Protection Program (PPP). He is also talks about the certification item that was made when applying for the ...

Coronavirus (COVID-19) - Employee Retention Tax Credit from 2020-04-22T10:00

On this episode Mike  Jesowshek, CPA talks about the employee retention tax credit (ERTC) COVID-19 relief option. We've talked heavily about EIDL and PPP but what about ERTC? Don't you love...

Coronavirus (COVID-19) - Relief Options Summary from 2020-04-15T10:00

On this episode Mike Jesowshek, CPA talks about the COVID-19 relief options available to business owners and individuals. Topics include: Paycheck Protection Program (PPP), Economic Injury Disas...

Coronavirus - CARES Act - Checks, Charity, and NOLs from 2020-04-08T10:00

On this episode I talked about the part of the CARES act as it relates to the checks to Americans, charitable contributions in 2020 and the ability of net operating loss carry-back.

-...

Coronavirus - COVID-19 Government Loan Options Update (EIDL vs PPP) from 2020-04-03T19:55:35

On this episode we give an update on the Paycheck Protection Program (PPP) and talk about the options available to you as a business owner.

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Podcast Host: Mike Jeso...

Coronavirus - Government Loan Options (May Be Forgiven) from 2020-04-01T10:00

In this episode Mike Jesowshek, CPA talks about two Coronavirus COVID-19 government loan options.  1) Economic Injury Disaster Loan (EIDL) and 2) Paycheck Protection Program (PPP).

...

Coronavirus - Planning and Expense Cutting from 2020-03-25T10:00

In this episode Mike Jesowshek, CPA talks about the importance of planning during this difficult time.  Start putting together good, bad, and ugly plans so you know what actions your busine...

Coronavirus - Embrace The Situation and Be A Leader from 2020-03-18T10:00

In this episode Mike Jesowshek, CPA talks about the Coronavirus and how it may be impacting your business.  This is time as a business owner to step up, be that leader, embrace the tough si...

Tax Issues? What You Need to Know About Tax Resolution from 2020-03-11T10:00

In this episode Mike Jesowshek, CPA talks with Kelly Coughlin from the Tax Resolution Help Center.  This is a great intro to tax resolution and things that you can do and should know if you...

2019 Tax Due Dates and 2020 Tax Guide from 2020-03-04T11:00

In this episode Mike Jesowshek, CPA talks about the upcoming 2019 tax due date deadlines along with some changes for 2020.

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Podcast Host: Mike Jesowshek, CPA - Foun...

Are various income types taxed differently? from 2020-02-26T11:00

In this episode Mike Jesowshek, CPA talks about the various types of income and how they are taxed.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETRO...

High End Tax Strategies (w/ Special Guest Alex Sonkin) from 2020-02-19T11:00

In this episode Mike Jesowshek, CPA talks with Alex Sonkin regarding high end tax strategies and JETRO's partnership with his program. 

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Podcast Host: Mike Jes...

Per Diem for Employees from 2020-02-12T11:00

In this episode Mike Jesowshek, CPA talks about per diems and how they relate to your employees, not the business owner.

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Podcast Host: Mike Jesowshek, CPA - Founde...

Per Diem for Business Owners from 2020-02-05T11:00

In this episode Mike Jesowshek, CPA talks about per diems and how they work for business owners.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax...

Charitable Giving - Personally or Through a Business? from 2020-01-29T11:00

In this episode Mike Jesowshek, CPA talks about charitable contributions and whether you should make them personally or through a business.  He also discusses how you can turn a payment to ...

Does No 1099 Mean No Deduction? from 2020-01-22T11:00

In this episode Mike Jesowshek, CPA talks about what happens if you were suppose to send a 1099 to a contract but did not.

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Podcast Host: Mike Jesowshek, CPA - Foun...

Bank Account Empty but Still Showing a Profit - Why? from 2020-01-15T11:00

In this episode Mike Jesowshek, CPA answers a listeners question about how they can have an empty bank account but still show a profit.

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Podcast Host: Mike Jesowshe...

Sales Tax - What do I need to know? from 2020-01-08T11:00

Sales Tax - What do I need to know? - In this episode Mike Jesowshek, CPA has special guest Dan Petry on from Avalara to give an initial overview of what small business owners need to know ...

Tax Due Dates and Podcast Changes from 2020-01-01T11:00

Podcast Changes and Tax Due Dates - In this episode Mike Jesowshek, CPA introduces some changes to the Podcast and discusses tax due dates as we enter tax season.

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Great Changes for 2020 and Thank You! from 2019-12-24T11:00

In this episode Mike Jesowshek, CPA reflects on 2019 and gives some insights on great changes coming to the podcast in 2020!

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Podcast Host: Mike Jesowshek, CPA - Fo...

Gather W9s and Make Tax Season Stress Free from 2019-12-18T11:00

Gather W9s and Make Tax Season Stress Free - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talk about getting W9s from contractors paid over $600 throughout the year and tips on how t...

Self Employed Health Insurance and Reasonable Salary Before Year-End from 2019-12-11T11:00

Self Employed Health Insurance and Reasonable Salary Before Year-End - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talk about running a reasonable compensation for S Corp owners as ...

Last Minute Year-End Tax Strategies from 2019-12-04T11:00

Last Minute Year-End Tax Strategies - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talked about last minute year-end tax strategies.  They discuss prepaying expenses, stopping b...

Business Banking Reimagined (w/ Special Guest Yoseph West) from 2019-11-27T11:00

Business Banking Reimagined (w/ Special Guest Yoseph West) - Digital banking, what's that? This week I sat down with Yoseph West from Relay and talked about a new way to do banking. We encourage...

Marriage, Kids, and Family Tax Strategies Before Year-End from 2019-11-20T11:00

Marriage, Kids, and Family Tax Strategies Before Year-End - In this episode Mike Jesowshek, CPA talks about hiring your kids, how getting married or divorce can impact you before year-end, and h...

Backdoor Roth IRA and Retirement Options Before Year-End from 2019-11-13T11:00

Backdoor Roth IRA and Retirement Options Before Year-End - In this episode Mike Jesowshek, CPA talks about setting up a Solo 401k before year-end as well as the backdoor Roth IRA strategy for hi...

Vehicle Depreciation Before Year-End from 2019-11-06T11:00

In this episode Mike Jesowshek, CPA talks about purchasing vehicles before year-end and how the tax deduction works for that.

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Podcast Host: Mike Jesowshek, CPA - F...

Financing Small Businesses and Franchises (w/ Special Guest Paul Bosley) from 2019-10-30T10:00

Financing Small Businesses and Franchises (w/ Special Guest Paul Bosley) - In this episode Mike Jesowshek, CPA talks with Paul Bosley about financing options for small businesses and franchises....

Deducting Travel For Business from 2019-10-23T10:00

Deducting Travel For Business - In this episode Mike Jesowshek, CPA talks about deducting travel as a business expense and how you have the ability to turn almost any trip into a business trip a...

Preparing Your Bookkeeping for Year-End from 2019-10-16T10:00

Preparing Your Bookkeeping for Year-End In this episode Mike Jesowshek, CPA talks about things you can and should be doing now to make sure your books are prepared for year-end.

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Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso) from 2019-10-09T10:00

Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso) - In this episode Mike Jesowshek, CPA has special guests Jeff Van Kampen and Nick Urso on to discuss digital market...

Expensing Items Under $2,500 (Safe Harbor Method) from 2019-10-02T10:00

Expensing Items Under $2,500 (Safe Harbor Method) - In this episode Mike Jesowshek, CPA talks about the safe harbor method and how you are able to expense all items under $2,500 without having t...

Accountable Plan Importance (Expense Reimbursement) from 2019-09-25T10:00

Accountable Plan Importance (Expense Reimbursement) - In this episode Mike Jesowshek, CPA talks about the importance of setting up an accountable plan and key things you need to consider.  ...

Home Office Deduction for S Corporations from 2019-09-18T10:00

Home Office Deduction for S Corporations - In this episode Mike Jesowshek, CPA talks about the ability to claim the home office deduction as an S Corporation owner even though there is no specif...

Appearance on The Mind Body Business Show with Brian Kelly from 2019-09-11T11:00

In this episode I share a part of my interview with Brian Kelly on The Mind Body Business Show.  We discuss daily routines, success, failures, team culture, and so much more.

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Quarterly Estimated Taxes for Business Owners from 2019-09-04T10:00

In this episode Mike Jesowshek, CPA talks about quarterly estimated taxes for business owners.  Who need to make them, when you need to make them and what type of penalties you could be fac...

CRM and Digital Marketing (w/ Special Guest Fred Varin and Jackie Brajner) from 2019-08-28T10:00

In this episode Mike Jesowshek, CPA has Fred Varin and Jackie Brajner on from Topline Results to discuss CRM and Digital Marketing for small businesses.

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Business Meal Tax Deductions After Tax Law from 2019-08-21T10:00

In this episode Mike Jesowshek, CPA talks about how  the Tax Cuts and Jobs Act removed the “directly related and associated with” requirements from business meals and why this matters to yo...

Using Habits to Attain Goals from 2019-08-14T10:00

In this episode Mike Jesowshek, CPA talks about an article he read and the differences between habits and goals and how you can actually use habits to attain even your wildest goals.

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Stop Commingling Personal and Business Items from 2019-08-07T10:00

On this episode we talk about how commingling personal and business items can be damaging to your business.

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associ...

Tax Savings for Real Estate Investors (w/ Special Guest Paul Moore) from 2019-07-31T10:00

On this episode we have a special guest, Paul Moore, on to discuss tax savings that available for real estate investors.  This is a followup and deeper discussion from an episode we did bac...

Sole Props and Partners Mistakenly Paying Themselves Illegal W2 Wages from 2019-07-24T10:00

On this episode we talk about how being organized as a sole proprietorship or partnership you are not allowed to treat yourself, as an owner, as a W2 employee.

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Hiring Your Children in Your Business from 2019-07-17T10:00

On this episode we talk about tax strategies to hiring your children within your business.  Rather than helping support your children with your post-tax dollars, you can instead hire them t...

Mortgages for the Self Employed (w/ Special Guest Bill Moeller) from 2019-07-10T10:00

On this episode we have a special guest, Bill Moeller, on to discuss mortgages and how it effects those that are self employed. In our firm we hear more and more business owners worried about ge...

Looking Ahead to 2019 Taxes from 2019-07-03T10:00

On this episode we talk about some of the tax changes for 2019.  I know it feels like we just left tax season but it is time to start thinking about 2019 now that we are half way through th...

Xerocon and Free Bookkeeping Training Program from 2019-06-26T10:00

On this episode we talk about Xerocon 2019 in San Diego.  We also discuss our free bookkeeping training program for those small or startup businesses.

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Turning a Side Hustle Into a Business (w/ Special Guest Eric Rosenberg) from 2019-06-19T10:00

 On this episode we have a special guest, Eric Rosenberg, on to discuss turning a side hustle into a business.  

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Podcast Host: Mike Jesowshek CPA, from J...

Time Tracking for Employees and Job Costing (TSheets) from 2019-06-12T10:00

On this episode we talk about time tracking for not only hourly employees but as well as job costing and performance.  We talked about a software called TSheets which is actually what we us...

Payroll in the Modern Day (Gusto) from 2019-06-05T10:00

On this episode we talk about modern day payroll and how technology has made this pesky task so much easier and cost effective.  

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Podcast Host: Mike Jesowshek...

Business Credit and Alternative Funding (w/ Special Guest Kimberly Massey) from 2019-05-29T10:00

On this episode we have a special guest, Kimberly Massey, on to discuss obtaining business credit and alternative funding.  

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Podcast Host: Mike Jesowshek CPA,...

SIMPLE IRA and 401(k) from 2019-05-22T10:00

On this episode we discuss retirement options for business owners with  employees.  We talk about both a SIMPLE IRA and 401(k) including the characteristics of each and which one might...

SEP IRA and Solo 401(k) from 2019-05-15T10:00

On this episode we discuss retirement options for business owner with zero or few employees.  We talk about both a SEP IRA and Solo 401(k) including the characteristics of each and which on...

Passive Investing Using Real Estate (w/ Special Guest Lane Kawaoka) from 2019-05-08T10:00

On this episode we have a special guest, Lane Kawaoka, on to discuss passive investing using real estate.  Great information is shared if you are looking into adding some passive income to ...

Traditional and Roth IRA Overview from 2019-05-01T10:00

On this episode we dig into both Traditional and Roth IRAs and go through the important information on each and compare them side by side. 

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Podcast Host: Mike...

Fulfillment in Giving Back from 2019-04-24T10:00

On this episode we go a little different direction and discuss some of the fulfillment you as a business owner can get from giving to those that are less fortunate.

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4 Things You Can Do Now to Avoid Accounting and Tax Stress from 2019-04-17T10:00

On this episode we talk about things you can do in your business NOW to avoid accounting and tax stress. Tax season is over and you may be relieved thinking you do not have to worry about that a...

Last Minute Tax Filing Tips from 2019-04-10T10:00

On this episode we talk about some last minute tax filing tips.  We discuss extensions and payments.  Happy almost end to tax season everyone!

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Small Business Accounting and Tax Secrets from 2019-04-03T09:00

This episode is different from our normal. We hosted a webinar this week that I believe provides great information for our audience so I wanted to work it into an episode.  We touch on: Tax...

Filing a Tax Extension from 2019-03-27T10:00

In this episode I talk about filing a tax extension for either you or your business or both.  The deadline for Multi Member LLCs, Partnerships, and S Corporations is March 15th.  The d...

Paying for Your Tax Bill from 2019-03-20T10:00

In this episode I talk about the payment methods available to pay for your tax bill. I also talk about options available to you if you are unable to pay your tax bill by the deadline.

Home Office Deduction from 2019-03-13T10:00

In this episode I talk about the home office deduction.  Since home office may be the most misunderstood deduction available I want to break it down for you. You may have been brainwashed t...

SEP IRA - Retirement Option During Tax Season from 2019-03-06T18:30:39

In this episode we talk about the SEP. A Simplified Employee Pensions (“SEPs”) is an IRA that let allows you contribute more than the usual $5,500 IRA limit for yourself and your employees. &nbs...

Personal Related Tax Law Changes from 2019-02-27T11:00

In this episode we discuss tax law changes and how they relate to you personally. These are changes from the tax bill passed at the end of 2017 that you will start to see now during the 2018 tax...

Business Related Tax Law Changes from 2019-02-20T12:00

In this episode we discuss tax law changes and how they relate to your business. These are changes from the tax bill passed at the end of 2017 that you will start to see now during the 2018 tax ...

Tax Refund/Amount Due vs Tax Liability from 2019-02-13T11:00

Judging your total tax amount based on your refund is wrong. In this episode we will be outlining the tax refund (or amount due) and how that actually correlates to your total tax paid. We will ...

Merchant/Credit Card Processing For Your Business from 2019-02-06T12:00

With cash continuing to be used less frequently, credit card processing is nearly required in businesses of all types.  This week we have a special guest on our podcast to talk about what y...

Bookkeeping Software Options (Xero and more) from 2019-01-30T12:00

Last week we talked about the importance of bookkeeping and this week I want to expand on the software options that are solid and on the market today. Software Options Discussed: Quickbooks Onli...

The Importance of Bookkeeping from 2019-01-23T11:00

You can help alleviate tax anxiety by keeping up with your bookkeeping and reviewing your work on a regular basis.  The act of bookkeeping can also be useful for many reasons other than jus...

Owner Draws or Dividends for Small Business Owners from 2019-01-16T12:00

Owner draws and dividends for pass through entities do not have an effect on your taxable income, your taxable income will strictly be your profit from the business regardless of those personal ...

Tax Cuts and Jobs Act - Overview of Important Items from 2019-01-09T12:00

The Tax Cuts and Jobs Act was passed all the way back in December of 2017.  However, 2018 is the first year that you will start to see some of the effects from it.  In this episode we ...

Being Prepared for Tax Season from 2019-01-02T12:00

Welcome to 2019! In this weeks episode we will be discussing items that you can take care of now, early in tax season, that will leave you fully prepared for tax preparation and filing.

Last Minute Year-End Important Items from 2018-12-26T22:16:26

Year-end is here!  Get a refresher of some last final minute items you might want to consider for 2018.

Podcast Host: Mike Jesowshek CPA, from JETRO and Associate...

S-Corp Retirement Considerations Before Year-End from 2018-12-20T11:00

As we get closer to year-end you might want to consider a SEP IRA or Solo 401k for your S Corporation. In this episode we will breakdown the essentials you need to know and consider as we enter yea...

Guest Hosts: Life Insurance Basics from 2018-12-12T16:00

Guest Hots: This episode will be talking about the basics of life insurance for not only business owners but individuals alike. 

Podcast Host: Mike Jesowshek CPA, from JETRO and ...

S-Corp Reasonable Salary Prior to Year-End from 2018-12-05T11:00

S Corporation officers must be paid a reasonable salary. This salary must be completed by the end of the year so if you are a S-Corp business owner that has not processed a reasonable salary yet or...

Small Business Health Insurance Items for Year-End from 2018-11-28T11:00

In order to be able to deduct self-employed health insurance you have to be reporting it correctly. This is different for sole proprietors and S Corporations. In this episode we will be talking abo...

1099's: What You Need To Know from 2018-11-21T20:01:05

1099’s ARE VERY IMPORTANT and we want you to be as ready as possible to prepare your 1099’s this year. As you know, any vendor that is a sole proprietor or unincorporated small business that you pa...

Income Deferment For Year-End from 2018-11-14T19:27:47

Deferring income into the new year is a great way to lower taxable income in the current year for cash basis filers. It should be noticed that this should still be done cautiously and only with "Go...

Expense Acceleration Before Year-End from 2018-11-07T20:37:10

Accelerating expenses before year-end is a great way to get some cash off of the books and take advantage of a tax deduction for cash basis filers. It should be noticed that this should still be do...

"Bunching" Itemized Deductions in One Year from 2018-10-31T17:58:04

With the new tax law the standard deduction has nearly doubled making the ability to utilize itemized deductions harder. Today we discuss a technique called "bunching" to help take advantage of tho...

Small Business Retirement Planning - Qualified & Non-Qualified Options from 2018-10-24T10:00

Mike Jesowshek, CPA at JETRO and Associates discusses small business retirement planning options including both qualified and non-qualified planning. Matthew Schumaker from Principal was a special ...

Meal Expenses NOT Gone! from 2018-10-10T20:56:39

Entertainment expenses may be gone starting in 2018 but the IRS finally released guidance regarding the meals deduction for business owners.

More Info: https://www.jetrotax.com/blog/rejoic...

Deadline Reminder: 2017 Tax Return Extension (Business and Personal) from 2018-09-06T19:07:52

On this podcast Mike Jesowshek CPA, from JETRO and Associates has a friendly reminder for those that haven't filed their 2017 tax returns yet.

Business (S-Corp or Partnership) Extension De...

Bookkeeping and Tax Essentials to Save Businesses Thousands from 2018-07-13T20:34:13

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses accounting, bookkeeping, and tax essentials that can save business owners thousands. This is a recording of a previous webina...

Avoiding an IRS Audit from 2018-05-22T11:00

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses how to avoid and bulletproof yourself from an IRS audit..

To find out more on this topic and many others visit our w...

Entertainment Expenses GONE but what about meals? from 2018-05-14T11:00

On this podcast Derek Kellett CPA, from JETRO and Associates discusses entertainment expenses being disallowed in 2018 and how that may or may not change how business meals are expensed.

T...

Independent Contractor or Employee? from 2018-05-09T14:35:35

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses the classification of workers as independent contractors or employees in relation to fitness studios and gyms.

To fi...

S-Corporation Savings and Summary from 2018-05-07T10:00

On this podcast Derek Kellett CPA, from JETRO and Associates discusses the S Corporation and how it could potentially benefit your business. He also talks about various items to be aware of with th...

Taxes Just Paid, Time to Plan Ahead from 2018-05-04T10:00

On this podcast Derek Kellett CPA, from JETRO and Associates discusses finishing tax season and looking onward to things that can be planned ahead to help your business.

Find out more on t...

Sales Tax and Nexus for Small Businesses from 2018-05-02T15:33:41

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses sales tax and what may require you to file sales tax in a specific state or locality. Find out more on this topic and many ot...

5 Bookkeeping Tips for New Business Owners from 2018-05-02T15:32:35

On this podcast Milwaukee Accountant, Mike Jesowshek CPA, from JETRO and Associates discusses 5 bookkeeping tips that new business owners should understand especially when they are just starting...

JETRO and Associates - We Do Accounting Different from 2018-04-26T21:17:16

Overview of JETRO and Associates and how we do accounting a little bit different from our competition. We specialize in serving only small business owners. Helping small businesses with bookkeeping...

JETRO and Associates - We Do Accounting Different from 2018-04-26T16:17:16

Overview of JETRO and Associates and how we do accounting a little bit different from our competition. We specialize in serving only small business owners. Helping small businesses with bookkeeping...

JETRO and Associates - We Do Accounting Different from 2018-04-26T16:17:16

Overview of JETRO and Associates and how we do accounting a little bit different from our competition. We specialize in serving only small business owners. Helping small businesses with bookkeeping...