Don't Make These EXPENSIVE Mistakes | Mid-Year Tax Checkup
Don't Make These EXPENSIVE Mistakes | Mid-Year Tax Checkup  
Podcast: Small Business Tax Savings Podcast
Published On: Wed Jun 25 2025
Description: Send us a text🚀Ready to stop overpaying the IRS? Sign up for my free webinar on  July 15th! Click here or visit: https://www.taxsavingspodcast.com/webinar We’re halfway through the year, now’s the best time to check if you’re on track to pay less tax and avoid surprises. Mike explains why mid-year is the perfect time to review your entity setup, learn and apply tax strategies, check your income and tax bracket, shift spending from after-tax to pre-tax, plan for retirement, and catch up on bookkeeping. Don’t wait until December; take action now and save big.🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ Chapters:(00:00) Why Mid-Year Planning MattersWhy planning now beats waiting until year-end. Avoid surprises and stay ahead.(01:01) Review Your Entity StructureCheck if your LLC or S Corp is still right. Organize businesses and rentals smartly.(04:50) Learn and Implement Tax StrategiesTax breaks exist for a reason — learn, apply, and do it right to actually save.(07:53) Check Your Income and Tax BracketKnow where you stand. Spot bracket changes and plan moves like Roth conversions.(10:13) Maximize Deductions: Pre-Tax vs After-TaxShift expenses (travel, meals, kids’ pay) from after-tax to pre-tax. Keep more money.(18:03) Retirement, Investments & Advanced StrategiesPlan retirement accounts, strategic investments, and advanced moves like rentals, oil & gas.(25:06) Catch Up Bookkeeping & Next StepsGet your books in order now. Take action before it’s too late to benefit.Podcast Host:Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com🚀 Visit:  https://www.TaxSavingsPodcast.com 🚀 Check Out TaxElm: https://taxelm.com/🚀 Join our Free Facebook Group: https://www.facebook.com/groups/taxsavings/🚀 YouTube: www.TaxSavingsTV.com👋🏼 GET IN TOUCHYou can Tweet @MJesowshek with any feedback, ideas, or thoughts about the lessons you've learned from the episodes. We want to thank you personally for tuning in 🙏🙏 LEAVE A REVIEWIf you enjoy the podcast, please leave a 5-star review on Apple Podcasts or Spotify—it helps more business owners find the show ⭐🎙 ABOUT THE PODCASTThe Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of your hard-earned money.