Business Tax Deductions Explained (Stop Believing TikTok Myths)
Автор: Luke Turner
Загружено: 2025-09-03
Просмотров: 57
You’ve probably seen TikTok and Instagram videos telling you to buy a G-Wagon and write it off so you “don’t pay taxes.” The problem? That’s not how tax deductions actually work.
In this video, I break down:
✅ What a tax deduction really is
✅ The truth behind the $250,000 G-Wagon write-off
✅ 3 deductions every business owner should actually know about (QBI, Augusta Rule, Section 179)
If you’re a business owner or entrepreneur, understanding this could save you thousands of dollars — and prevent some big mistakes.
At Moment Private Wealth, we work with athletes and business owners every day to help them make smarter financial decisions. If you want a second set of eyes on your tax return or P&L, we offer a free review for prospective clients.
👉 Book a time with me here: https://www.momentprivatewealth.com/s...
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00:00 – The problem with TikTok tax advice
00:45 – What a tax deduction actually is
02:00 – The $250K G-Wagon example explained
03:10 – The 3 deductions business owners should know
04:50 – Free tax return review + closing thoughts
#BusinessTaxes #TaxDeductions #EntrepreneurTips #FinancialPlanning #taxstrategy
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