Everyday Tax Write Offs for Small Businesses! [24 hr Challenge]

[@leiru01]

I like this series “day in the life of a tax write off-er”

[@stephenfiore9960]

..2 Beatles songs combined: 1), A Day in the Life 2), Tax-man

[@mosesdelaney8667]

The BEST quick video on tax write-offs I have ever seen. Great job!!

[@LYFEAccounting]

Wow, thanks!

[@JudyChilds-fu4em]

Great advice✌️

[@yinyangcalmness178]

With 3 more days until tax deadlines, I owe for the first time in my working life. I'm confused as to why I owe so much. So now I'm seeking support to lower or reverse my large amount. This is the challenge in itself.

[@jordanh4127]

My wife writes off her gym membership. She runs a large gymnastics program and needs to stay in shape. Love your content

[@mtigress4589]

That's still more of an expense for personal benefit.

[@Locksmith.71]

@@mtigress4589says who? You or the IRS?

[@rosacastillokrewson8048]

I just became self-employed and this is by far the best video I’ve seen on how to properly get write-offs!

[@njones182]

Demonstrating the actual expenditure and then explaining it permitted better comprehension and absorption of these tax areas. More please!

[@moniquemascio6704]

This video is so well done and incredibly helpful!! Well done man- seriously. Thank you

[@JCouch444]

That was supper helpful. Just being able to see deductions in action makes it alot easier to understand. Thanks!

[@mykyrox]

This guy is the conductor of the, “Value Train‼️” Thank you for such great content

[@loripatterson8201]

So glad I found your channel. Just started a job with an sole proprietor who uses his cc and debit card for both personal and business - trying to wade through the 100s for transactions to see what I can put to biz vs owner's draw. thank you so much.

[@jaydemilove9166]

I liked the day in the life and business strategy in this video, very informative

[@Notme55555y]

Love this!!!! Would love to see one for work travel

[@cathy349]

If you have a full-time job (W2) and open a small business on the side to work on the weekends/part-time, will there be any restrictions as to what you can write off, or can everything you are writing off in this video be written off?

[@sethg311]

Black and white advice done very intuitively! Well done

[@THEDOPEGAME]

Subbed 😎 Your videos have a good pace and have been very helpful in helping understand my responsibilities! Thank you

[@unclezizo]

Oh, man! Welcome back. We missed you!

[@dgunnslate]

These a great, useful tips! This is perfect I formation to share with my bookkeeping clients. Please do continue sharing tips like these!

[@everybodyfitnessinjax]

I love your videos! Straight to the point and easy to follow. Thank you! 👏 👏

[@LYFEAccounting]

Thank you!

[@letsgobrandon6545]

I bet most people will think that all these "write offs" are same as tax credits, but essentially all these are pretty much are 10-20 percent cashbacks(and only if you are profitable), so when dude buys Tesla for 100k and writes it off completely in a first year he essentially buys it for 90-80k if he is profitable.

[@MoneyMatrixStrategies]

Great content brother, looking forward to using these gems

[@paincoach7500]

I love this video!! Love all the visuals and practical info--- helps me remember the details about tax write-offs!

[@daughteroftheking01]

Nah you just got a new subscriber! This video was so simple and easy to understand. Love the gym loophole concept! Congrats on your success brother. Keep going!!! You inspire newbies like me. By this time next year, I’ll try to come back with an update lol

[@fruiz879]

Great video. Keep them coming.

[@josettedessalines6389]

I want you guys to do my taxes. I don't think other accountants are taking advantage of these strategies.

[@MaestraInMontana]

Thank you so much for the extremely helpful information! You guys will be my Top 1 tax prep partner once I go full speed towards my dream business. New subscriber here!! 🙏👏❤️

[@ChristysVoice]

This is great!!!

[@mariafernandatarazon]

Love this video!!

[@ReggieReg99]

Great video, loved the hack with the Gym included in the office membership +++

[@chriswirsing17]

So I am a professional boat captain. Every 2 years I have to do a physical to make sure I am in shape to be able to perform the nessesary duties that I am tasked with. Would a gym then be considered a write off?

[@Aaron-yn4bk]

Love your content! I have some questions about a KZbin business idea and it’s potential deductions. Is there someone I can bounce questions off of? If not you had, do you have a referral.

[@carlosalfonso9902]

Great video. Love the concept of this method of education - practical application! More of these, please.

[@LYFEAccounting]

More to come!

[@steverodriguez9041]

Great challenge! One you can expound on as you make the challenge more...challenging...🙄

[@Jason4Star]

Smart planning dude. I love it.

[@JRoseBooks]

This was super clever!!

[@nicoletriplett8690]

Hello, Do you contract for speaking engagements virtually for business cohorts?

[@anthonyocampo9650]

This video was very helpful

[@haimeedwards1120]

Lyfe accounting i missed you on this channel can you do more videos on this channel its been so long. Also you did 2022 2021 and 2023 is there any grants for 2024???

[@RealMoneytalk101]

Great Insight and valuable nuggets,thanks for sharing 🙏

[@iramgonzalez9762]

What if your business meals are at your home office? Example you order food for delivery and then do a business zoom meeting

[@Rdn55]

love this video.... please make more like this.

[@kasiwilliams5927]

Great video thanks for sharing.

[@FM-yk1yr]

Great challenge!!!

[@isaiahhawkins5049]

You have a great endgame tactics.

[@ReeInvesting]

love this!

[@rickdilsavor8406]

If, as you suggest, I write a note on the business meal receipt & scan it to the cloud, do I need to retain the hard copy of the receipt?

[@martinzelaya2927]

Great video.

[@WowThingsThrift]

Great video🎉

[@WavePotter]

$50 for lunch?! Jeepers cripes.

[@snowbarnes]

Great info! Are meals associated with business travel 100%?

[@barcoproductions]

I really enjoyed this!

[@brucelee4644]

Do you have a video on how to invest your personal money into your business the correct way. If there is a correct way.

[@lifeofyanique381]

Great Video !!!

[@belcs2907]

What building is that? I work in Atlanta. Didn’t think know you can rent an office space for $500 a month.

[@thedeer5811]

I dont understand how he wrote off the gym expense? How did he do that and what are some other strats?

[@spyrorocks100]

Love it!

[@besajefamily]

Great information Sir,thank you.

[@UlimitechLLC]

What if your driving somewhere to deliver something from your business to a customer is that a write off as well

[@staydownpromo]

Great info 💪🏾

[@wallye8713]

AWESOME !!! Huge TY

[@SaraMeeks-hy5tx]

So how do you do it. Do you keep like the physical receipts? 🤔

[@doriangel97]

What if I work from home as a single member LLC owner and need to go to a coffee shop or restaurant to do administrative work (non client related)

[@AshleyOwens-kc1hr]

Love this

[@frandomsss]

Great info

[@olayemiaguda842]

Please when can a new struggling and with no profit business file tax

[@stephenfiore9960]

1x(10/4/24)……done thank you

[@Vern559]

Could you explain more in to this 3:22

[@shawnjamesbenosa7709]

damn!! good stuff!

[@D-Ziner-r3l]

Want to understand more

[@IntuitiveMarketingStudios]

I totally loOove your content. So informative, creative, and innovative. I would love to definitely invest in Lyfe Marketing.

[@josettedessalines6389]

hi new subscriber here. Thank you

[@Eliqueme]

Do you go by 'jojo' too

[@josettedessalines6389]

@@Eliqueme Lol some people drop it to jojo, lol

[@antuanwadkins8424]

Work glasses 😂✊🏾

[@Creed3582]

This is what BLK youth should be learning INSTEAD of trying to be "aspiring rappers" 🤦‍♂️👍

[@bdm8960]

Ur comment and thoughts are not needed

[@Creed3582]

@@bdm8960 You need a REALITY check❗To me it seems you're in Denial. Aspiring rappers are RUINING the community. They need to GO 👎👎

[@Awhskuh]

🎉🎉🎉

[@patriciarivers5751]

Perfect

[@OriginalCreek_478]

One of the best videos out on KZbin right now! Will be sharing with my family! 🫡

[@VAH2112]

Are 1099 workers eligible for these tax write offs?

[@LYFEAccounting]

Yes!

[@yinyangcalmness178]

Great question. 1099-NEC. Using TurboTax this year. And I'm not sure why I owe so much. Trying to find ways to lower the amount.

[@ZeitlinBrothers]

Is there any way to contact you about business? (this is not spam lol)

[@ATTIQOP]

Bro am really confused if I buy a house from my money that is my income from my business that will be a large amount and it will get taxed a crazy amount too how can I reduce it

[@memoriacrowncollection]

Look into getting a business that needs a Airbnb so you can use it as a write off for the business

[@miRichie]

The system is so fd

[@Handler6635]

I like it

[@Eliqueme]

W

[@LYFEAccounting]

💯

[@power_by_painviralshorts]

Hoangry.