Meaning Over Money

294 - The Tax Deduction Trap: Are You Losing More Than You Gain?

294 - The Tax Deduction Trap: Are You Losing More Than You Gain?

Meaning Over Money


Published: 10 January 2024 at 12:00 Europe/London

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Episode notes

Tax deductions are a business’s best friend…..and possible worst enemy. In today’s episode, host Travis Shelton discusses how many business owners, in a pursuit to reduce taxes, are actually impairing their profits and cashflow. Yes, tax deductions can be a good thing! But we shouldn’t throw away a dollar just to save a quarter on taxes.


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