Tax Planning with Sharon Winsmith

Sharon is the owner of Winsmith Tax, and she is also a Tax Attorney. In this episode, we talk about taxes. Tax is essential in wealth building, and so we must fully understand how it works so we can use it to its full potential. Sharon breaks down how taxes work for different company structures, shares tax strategies, and gives tips that will help you lessen your taxes every year.<br /> <br />[00:01 – 02:40] Opening Segment<br /><br />I introduce our guest, Sharon Winsmith<br /><br /><br />[02:41 – 11:29] Different Company Structures<br /><br />Sharon talks about the different company structures you can choose from<br />LLC vs. Partnership vs. Corporation<br /><br /><br />[11:30 – 18:52] Tax Strategies<br /><br />How to choose the right structure and form the appropriate tax strategies<br /><br /><br />[18:53 – 22:10] Buying a New Business<br /><br />Sharon talks about the new business she is going to buy<br /><br /><br />[22:11 – 25:03] Personal Development<br /><br />Sharen discusses her self-care routine<br />Self-improvement practices for all aspects of her life<br /><br /><br />[25:04 – 28:11] Closing Segment<br /><br />Final thoughts and call to action from Sharon<br />Connect with Sharon. Links below<br /> <br /><br />Tweetable Quotes:<br /><br />“It doesn’t matter how small or big the business is. I think it should be run the same way and the same types of tasks should be delegated to the extent they can be and that you as a CEO should really only be focusing on what matters.” – Sharon Winsmith<br /> <br />Book a free consultation with Sharon on <a href="http://winsmithtax.com/" rel="noopener">http://winsmithtax.com/</a><br /> <br /><br />I WOULD LOVE TO HEAR FROM YOU! If you have questions, comments, or want to talk about life-changing opportunities, reach out to me through LinkedIn or visit <a href="https://dincpie.com/" rel="noopener">https://dincpie.com/</a>