2021 Tax Planning, with Craig Cody
Episode 37:
Planning your 2021 taxes? It’s a great way to save money. Hear insights about:
- What resources of Craig’s can help you understand basic tax planning
- What steps should you take before the end of the year to help you save money on your 2021 taxes
- How to add additional money into your 401(k) if your payroll service automatically caps your contributions if you’re over age 50
- What is a back-door Roth IRA, why you should do it, and what could prevent you from doing it
- What is the pass-through entity tax, and how it can help you get around the $10,000 personal deductibility cap
Resources:
- The 12 Biggest Tax Mistakes That Cost Agency Owners Thousands: https://www.amazon.com/Biggest-Mistakes-Agency-Owners-Thousands/dp/B088B6DPG9/ref=sr_1_1?qid=1639661450&refinements=p_27%3ACraig+Cody&s=books&sr=1-1
Additional Resources:
- Website: www.craigcodyandcompany.com
- Twitter: @CraigC2742
- LinkedIn: https://www.linkedin.com/in/craigcodycpa
About Craig Cody:
Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast and The Progressive Agency Owner Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school.