Understanding the Qualified Business Income Deduction, with Craig Cody
Episode 42:
Are you taking advantage of the qualified business income deduction? It’s a great way to save money. Hear insights about:
- What is the qualified business income deduction
- Who is eligible and who may not be eligible for the qualified business income deduction
- How to take advantage of the qualified business income deduction
- Why do you need to make sure that your salary is high enough to qualify for this deduction if you have no employees
- Where can you look on your tax return to determine if you can take advantage of this deduction
- What to ask your CPA to ensure that you are not missing out on this opportunity
Resources:
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.
