Stop Over Paying Taxes! 5 Saving Strategies

In this video, Jonny Petrucco, the "Sports Card Tax Guy," shares 5 key tax-saving strategies for sports card business owners. These tips can help you save thousands of dollars during tax season, covering essential topics like bookkeeping, the benefits of an S Corp election, accountable plans for tax-free reimbursements, inventory management, and the importance of consulting a tax professional. Learn how these strategies can simplify tax time and boost your savings! Don't miss out on these expert insights.

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About Sports Card Tax Guy

Welcome to Sports Card Tax Guy, where we help sports card and collectibles entrepreneurs minimize taxes, maximize profits, and grow their business. Whether you're flipping sports cards, running a collectibles business, or just getting started, this channel is your go-to resource for tax strategies, QuickBooks tutorials, and financial tips designed specifically for the hobby world!

💰 What You’ll Learn on This Channel:

✅ How to legally reduce your tax bill
✅ QuickBooks & DIY bookkeeping tips for sports card sellers
✅ Common tax mistakes collectors make (and how to avoid them!)
✅ How to structure your sports card business for success
✅ And much more! (Leave a comment about certain topic and I'll try to create a content about it 😉)

📞 Need Help with Your Taxes?
Schedule a FREE consultation: https://sportscardtaxguy.com/contact-us

📧 Email: [email protected]
📞 Call: 954-882-7522
🏢 Office: Gainesville, FL


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Timestamp:
00:00 Introduction
00:30 Tax Saving Strategy #1 Solid Bookkeeping System
01:40 Tax Saving Strategy #2 Make an S Corp Election
03:40 Tax Saving Strategy #3 Implement an Accountable Plan
05:05 Tax Saving Strategy #4 Inventory Management
06:13 Tax Saving Strategy #5 Consult a Tax Professional
06:45 Book a Call