In this week’s episode of The Art of Passive Income, we take a bite out of the Big Apple to meet with Craig Cody. Craig is a CPA, a Certified Tax Coach, and a retired police officer.
Craig has been in the tax business for 17 years now, and while he’s no longer chasing “perps” down the streets of New York City, he still maintains the same type of rush and dedication to saving clients thousands of dollars in taxes and seeing the look of delight on their faces. He’s joining us today to share some amazing tips on how we can cut our taxes down to next to nothing and offering the listeners a free copy of his book, 10 Biggest Tax Mistakes That Cost Business Owners Thousands.
Some things we cover:
- Choosing the correct business entity to do operate under
- Understanding the Tax Codes
- Documenting everything
Craig also clues us into what we might be able to deduct off of our taxes in our personal lives. Even something as simple as your pool can count as your Home Athletic Facility. Craig dished out some must-have tips for all of your tax needs.
Listen in as the Master teaches his young Padawans the way of saving money on their taxes!
TIP OF THE WEEK
Mark: Learn more about Craig Cody in getting a 3 to 500 percent ROI on your tax planning at CraigCodyAndCompany.com.
Scott: The App, Undisturbed, given by Scott appears to be unavailable now. Being that the podcasts are recorded well in advance of publishing, this happens occasionally. The company APP-enzeller.com does have other apps available though.
Craig: Read the book, Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink. You can learn nuggets of good information in it like communicating with people.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?