Think tax season is over? Think again. In this episode, Cal sits down with tax expert Greg to talk about what savvy business owners should be doing after April 15th. From maximizing deductions to planning for upcoming tax law changes, this conversation is packed with insights for those who want to stay ahead—not just compliant.

Greg shares real-world strategies to avoid tax-time surprises, reduce penalties, and keep more of your hard-earned cash. Plus, he breaks down estimated taxes, business structure reviews, and how to fund retirement accounts strategically. He even clears up myths around the home office deduction and reveals a powerful state tax workaround that may not be around forever.

If you’ve ever felt blindsided by a big tax bill or waited too long to make tax-saving moves, this is your wake-up call.

If you’re serious about running a healthy business that’s profitable yet doesn't drown you in taxes, don’t miss this episode.

• Why tax planning is a year-round sport
• What the IRS won’t tell you about extensions and penalties
• A simple strategy to make home office deductions easy and audit-proof
• When to talk to your CPA (hint: now!)
• How the “Pass-Through Entity Tax” workaround can save you thousands

Reach Greg Reed at greed@smartbookstax.com or book a meeting with him at smartbookstax.com.

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Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/

The US Treasury Department announced a major change to beneficial filing requirements affecting most small business owners in the U.S. In this episode, Greg Reed, head of tax at SmartBooks, shares important updates.

He also shares a tax planning success story about how he saved a client $29,000 in tax.

We also discuss important informational filings that still must be made by many U.S. businesses that do business internationally that have major penalties if not done.

Reach Greg Reed at greed@smartbookstax.com or book a meeting with him at smartbookstax.com.

Send us a text

Thanks for listening!

Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/

I’m excited to announced that SmartBooks Head of Tax Greg Reed is now officially a Certified Tax Coach. Tax planning and minimization has been a core part of our tax practice. With advanced study with the American Institute of Certified Tax Planners, Greg will be able to do even more to help business owners pay less tax.

More specifically, this episode includes:

• Accountants, CPAs, and other roles to fill in your accounting team
• Benefits of working with a Certified Tax Coach
• The right time to do tax planning
• Tax tactics vs. a comprehensive tax strategy
• Greg saves a SmartBooks client $200,000 in taxes
• Documentation is key to being able to justify tax deductions

Reach Greg Reed at greed@smartbookstax.com or book a meeting with him at smartbookstax.com.

Send us a text

Thanks for listening!

Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/