Money & Stuff
Money & Stuff
Money & Stuff
3 TikTok Tax Tips to Avoid
33 minutes Posted Dec 17, 2024 at 6:00 pm.
Introduction and Holiday Cheer
End of Year Tax Traps Overview
The 6,000 Pound Vehicle Deduction
Misconceptions About LLC Write-Offs
Charitable Donations and Tax Benefits
Conclusion and Key Takeaways
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Show notes
Sam Rodriguez CFP® & Conor Shepard are wrapping up 2024 by talking about some popular "tax strategies" circulating TikTok and why they may be more risky than beneficial depending on your situation. In this episode, they discuss: The 6000 pound vehicle deduction and why it could cost more overall than what you end up saving in taxesUsing an LLC to write off anything under the sun and how this can end up coming back to bite you down the roadHow charitable donations relate to your tax ...