Episode 84: Proactive Tax Planning: Strategies for Business Owners, with Craig Cody
Release Date: 02/12/2020
The Other Side Of Potential
Sharon Spano, Ph.D. helps thriving family business owners overcome challenges when life and business collide. As a business strategist, author, and Professional Integral Coach, she leads her clients through specific research-based practices that empower them to realign their business strategy with a life of meaning, accelerated performance, and increased profitability.
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Michelle’s earliest memories from childhood all relate to money. And yet, the stories and lessons learned from different branches of her family tree couldn’t be more dichotomous!
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Ken Blackman is a connection and intimacy expert who has coached couples from San Francisco to Paris to Sydney and trained thousands of students in his workshops on intimacy and relationships. His work has garnered mentions everywhere from Cosmopolitan to Business Insider to Playboy to Tim Ferriss’s 4-Hour series. With nearly two decades of experience, Ken’s powerful, unapologetic break from conventional advice is shifting the global conversation around sex, love, and committed coupledom.
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Randy Parks is the founder, owner, and CEO of Parks Motor Group, a family of car dealerships with locations throughout Central Florida. Randy obtained his bachelor’s degree from the University of Miami School of Business and received his MBA in business management from Rollins College, before going on to purchase his first auto dealership, Longwood Lincoln Mercury, in 1979. Randy then began the hard work of growing his business, and now Parks Motor Group encompasses eleven dealerships within the region.
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Sangeeta Pati graduated at the top of her medical class at the University Of Maryland School Of Medicine, Baltimore, and completed her residency at Georgetown University School of Medicine, Washington, D.C. She has worked extensively internationally as Medical Director for a 350-employee non-profit organization, Engenderhealth, on maternal mortality reduction programs funded by the Gates Foundation.
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Bill Coletti is a reputation management, crisis communications and professional development expert, keynote speaker, Wall Street Journal Risk & Compliance panelist, and best-selling author of Critical Moments: The New Mindset of Reputation Management. He has more than 25 years of global experience managing high-stakes crises, issues management, and media relations challenges for both Fortune 500 companies and winning global political campaigns.
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During the challenging times of today’s business reality, it can be difficult to find the calmness and clarity you need to lead. On this episode of the Other Side of Potential podcast, encore guests Tricia Brouk and Rob Dube explain why necessity truly is the mother of invention, and Rob Dube offers his thoughts on using meditation practice to help you find calm in the chaos.
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Craig Cody is a Certified Public Accountant, Certified Tax Coach, Business Owner and Former New York City Police Officer with 17 years of experience on the Force. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain certified.
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Thomasina H. Williams serves as a Strategic Thought Partner, Consultant, and Coach to Enterprising Families. She works with clients to advance generational success as their family legacy, by being as intentional in developing their family’s human capital as they are in growing their financial capital.
info_outlineThe Other Side Of Potential
Sharon Spano, Ph.D. helps thriving family business owners overcome challenges when life and business collide. As a business strategist, author, and Professional Integral Coach, she leads her clients through specific research-based practices that empower them to realign their business strategy with a life of meaning, accelerated performance, and increased profitability.
info_outlineCraig Cody is a Certified Public Accountant, Certified Tax Coach, Business Owner and Former New York City Police Officer with 17 years of experience on the Force. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain certified. Craig has just written his 3rd book: The 12 Biggest Tax Mistakes That Cost Dentists Thousands.
What you will learn in this episode:
- How Craig’s career path led to working as a Certified Tax Coach and planner after serving in the U.S. Air Force and the NYPD
- How Craig’s specialty in proactive tax planning helps his business clients legally lower their tax bill over the course of the year
- Why business owners of all kinds often make important tax mistakes that cost them money, and why it is important to speak to your CPA on a regular basis
- What valuable tax strategies and deductions business owners often overlook that can help them save money on their taxes
- How a CPA differs from a financial planner, and how Craig managed a quick and easy transition from working as a police officer to working as a CPA
- Why Craig believes his work in the police department helped him develop communication skills and prepared him for his CPA work
- What advice Craig would offer to anyone considering a major career pivot, and how Craig dealt with the challenge of learning a new career after retirement
- What key qualities Craig suggests you look for in a good CPA, who Craig considers to be his ideal client, and what challenges he faces in his work
- Why proactively and thoroughly documenting your expenses is crucial for saving money on your taxes while obeying legal requirements
- How to get a free printed copy of Craig’s previous book The 10 Most Expensive Mistakes That Cost Business Owners Thousands
Resources:
- Get a free copy of The 10 Most Expensive Mistakes That Cost Business Owners Thousands by Craig Cody: www.craigcodyandcompany.com/SharonSpano
- Telephone: (516) 869-4051
- Website: www.craigcodyandcompany.com
- Email: [email protected]
- The Progressive Dentist Podcast with Craig Cody: https://craigcodyandcompany.com/podcast/
Additional Resources:
- Website: sharonspano.com
- Book: thetimemoneybook.com
- Events: sharonspano.com/workshops
- Contact: [email protected]
- Twitter: @SharonSpano