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Small Business Tax Savings Podcast

219 EpisodesProduced by Mike Jesowshek, CPAWebsite

The Small Business Tax Savings Podcast is designed specifically for small business owners. We focus on tax savings and ways to have a financially sound back bone to your small business. Our goal is to have you paying the least amount in taxes as legally possible.Hosted by by Mike Jesowshek, CPA, thi… read more

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How Does the Home Office Deduction Work?

September 28th, 2022

17:40

On this episode Mike Jesowshek, CPA talks about the home office and why most business owners should be taking advantage of it.

1) What Qualifies As A …

What Strategies Are Available To Increase College Financial Aid?

September 21st, 2022

27:19

On this episode Mike Jesowshek, CPA brings on guest, Jack Wang, to discuss the strategies available to increase college financial aid as part 3 of …

What Are The Basics Around Financial Aid For College? What Options Are Available?

September 14th, 2022

26:13

On this episode Mike Jesowshek, CPA brings on guest, Jack Wang, to discuss the basics around financial aid for college as part 2 of our mini series …

What Options Are Available For College Saving?

September 7th, 2022

27:13

On this episode Mike Jesowshek, CPA brings on guest, Jack Wang, to discuss the options available for college saving as part 1 of our mini series …

Do I Have to Pay Taxes If I Sell My Home?

August 31st, 2022

9:58

On this episode Mike Jesowshek, CPA talks about taxes around the sale of your home.

1) What Is The Home Sale Gain Exclusion?
2) How Does The Home Sale Gain Exclusion Work If It Had Business Use?
3) Sale of Home Examples

Interview with Dave Zook - Minimizing Taxes Utilizing Real Estate

August 24th, 2022

30:53

On this episode Mike Jesowshek, CPA wraps up  our mini real estate series with a special guest to discuss minimizing taxes while growing wealth utilizing real estate. His name is Dave Zook. This is one listen you do not …

What Entity Structure Should I Have For A Rental Property?

August 17th, 2022

10:09

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses entity structures for rental properties.

1) What Do I Need To Know About Entity Structures for Real Estate?
2) …

How Are Short Term Rentals Taxed?

August 10th, 2022

12:49

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses short term rentals.

1) What Does The IRS Consider a Short Term Rental?
2) What Are The Different Tax Treatments for …

What Expenses Are Available For Rental Properties?

August 3rd, 2022

12:11

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses expenses available for rental property owners.

1) What Expenses Can I Deduct For Rental Properties?
2) What Are Some …

What Is An Active Investor and Real Estate Professional?

July 27th, 2022

13:31

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses being classified as an active investor or real estate professional.

1) What Is An Active Real Estate Investor?
2) …

What Do I Need To Know About Real Estate Losses?

July 20th, 2022

10:45

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses real estate losses.

1) Why Do Rental Properties Often Produce a Loss?
2) How Are Passive Losses Handled?
3) How Can I …

How Are Real Estate Repairs and Improvements Handled?

July 13th, 2022

10:02

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses real estate repairs and improvements.

1) What Are Real Estate Repairs and Maintenance?
2) What Are Real Estate …

How Does Depreciation Work for Real Estate?

July 6th, 2022

14:49

On this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses depreciation.

1) What Parts of Rental Real Estate Can Be Depreciated?
2) What Is the Depreciable Life for a Real …

How Can I Use a Charitable Remainder Trust (CRT) To Eliminate Capital Gains?

June 29th, 2022

26:00

On this episode Mike Jesowshek, CPA talks with Guy Baker about Charitable Remainder Trusts (CRT) and how they can be used to eliminate capital gain taxes.

1) What Is A Charitable Remainder Trust (CRT)?
2) How Does A …

How Is Cryptocurrency Taxed?

June 22nd, 2022

15:30

On this episode Mike Jesowshek, CPA talks about how cryptocurrency is taxed.

1) How Is Crypto Taxed?
2) What Crypto Is Taxed At Capital Gain vs Ordinary Income Tax?
3) What Crypto Activity Is NOT Taxable?
4) What Happens If …

Portfolio and Non-Taxable Income - How Is My Income Taxed?

June 15th, 2022

9:43

On this episode Mike Jesowshek, CPA talks what portfolio income is and how it is taxed.

1) What Is Portfolio Income?
2) How Is Portfolio Income Taxed?

Passive Income - How Is My Income Taxed?

June 8th, 2022

11:53

On this episode Mike Jesowshek, CPA talks what passive income is and how it is taxed.

1) What Is Passive Income?
2) How Is Passive Income Taxed?
3) What Is The Good Thing About Passive Income?
4) What Are The Passive …

Earned Income - How Is My Income Taxed?

June 1st, 2022

12:23

On this episode Mike Jesowshek, CPA talks what earned income is and how it is taxed.

1) What Is Earned Income?
2) How Is Earned Income Taxed?
3) How Is S Corporation Income Taxed?
4) What Is The Good Thing About Self …

What Is Ordinary Income Tax vs Capital Gain Tax?

May 25th, 2022

15:19

On this episode Mike Jesowshek, CPA talks the two main types of tax, ordinary income tax and capital gain tax.

1) What Is Ordinary Income Tax?
2) What Is A Capital Gain or Loss?
3) What Are Capital Gain Tax Rates?
4) How …

How Are Credit Card Rewards Taxed?

May 18th, 2022

11:51

On this episode Mike Jesowshek, CPA talks about how credit card rewards are taxed.

1) How Are Frequent Flyer Miles, Hotel Points, and Other Credit Card Point Rewards Taxed?
2) How Are Cash Back Rewards and Rebates Taxed?

Business Retirement Plan Q&A Session

May 11th, 2022

51:00

On this episode Mike Jesowshek, CPA does a full business retirement plan Q&A with Matt Ruttenberg from Life Inc Retirement Services.

Get in …

2022 Tax Rates and Resources

May 4th, 2022

16:20

On this episode Mike Jesowshek, CPA talks the tax rates for 2022 along with other important resources.

1) 2022 Individual Tax Rates
2) 2022 Business Tax Rates
3) 2022 Social Security and Medicare Tax Rates
4) 2022 Capital …

How Are My Assets Taxed When I Die?

April 27th, 2022

12:17

On this episode Mike Jesowshek, CPA talks about estate tax and what you need to know.

1) What Is Inheritance Tax and Estate Tax?
2) When Does Estate Tax Matter?
3) If I Gift Assets or Money, Is That Taxed?
4) How Do I …

What Is A Revocable Living Trust? Why Is It Important for Business Owners?

April 20th, 2022

30:42

On this episode Mike Jesowshek, CPA talks Andrew M Ayers in a part 3 of our estate planning mini series about a revocable living trust.

1) Types of …

What Is a Power of Attorney? What Healthcare Documents Do I Need In Estate Planning?

April 13th, 2022

29:25

On this episode Mike Jesowshek, CPA talks Andrew M Ayers in a part 2 of our estate planning mini series about the power of attorney document.

1) Financial Power of Attorney
2) Signing Your POA
3) Where Do You Get One?
4) …

What Is a Last Will and Testament? Why Is It Important For Business Owners?

April 6th, 2022

38:59

On this episode Mike Jesowshek, CPA talks to Andrew M Ayers and kick off our estate planning mini series about the wills.

1) Do I Need a Will?
2) Do I Want to Avoid Probate Court?
3) Probate v. Non-Probate Assets
4) What's …

How Should I Structure Multiple Businesses?

March 30th, 2022

13:54

On this episode Mike Jesowshek, CPA talks about entity structure setups when you have multiple businesses.

1) What Options Are Available To Structure …

When Should I (or Should I Not) Become An S Corp?

March 23rd, 2022

14:30

On this episode Mike Jesowshek, CPA talks about when an S Corp may or may not make sense.

1) What Are The S Corp Requirements?
2) When Should I NOT Be …

What Is An S Corp?

March 16th, 2022

16:07

On this episode Mike Jesowshek, CPA talks about S Corps.

1) What Is An S Corporation?
2) Why Would Someone Want To Be An S Corporation?
3) How Is An S …

Where's My Refund? What Is a Tax Refund?

March 9th, 2022

14:13

On this episode Mike Jesowshek, CPA talks about tax refunds.

1) Where's My Tax Refund?
2) What Is a Tax Refund?
3) Tax Refund Summary

LINKS FROM THE SHOW

Show Blog:

Is Filing an Extension a Bad Thing? What Do I Need To Know About Tax Extensions?

March 2nd, 2022

10:33

On this episode Mike Jesowshek, CPA talks about tax extensions.

1) Is Filing an Extension a Bad Thing?
2) What Are The Extension Deadlines For Tax Year 2021 And What Form Do I Use?
3) What Happens If I Do Not File An …

What Is a Roth IRA and Why Is It So Powerful?

February 23rd, 2022

17:48

On this episode Mike Jesowshek, CPA talks about the Roth IRA and why it can be so powerful.

1) What Is a Traditional IRA?
2) What Is a Roth IRA?
3) Why …

What Options Do I Have To Pay For My Tax Bill?

February 16th, 2022

14:52

On this episode Mike Jesowshek, CPA talks about the options you have available to you to pay for your tax bill.

1) How Do I Make A Tax Payment?
2) What Do I Need To Know If I Cannot Afford To Pay My Tax Bill?
3) What …

What Retirement Plan Options Are Available For My Business in 2022?

February 9th, 2022

26:20

On this episode Mike Jesowshek, CPA bring Matt Ruttenberg from Life Inc Retirement Services on to discuss retirement options available for business owners in 2022.

1) What Is The Goal of A Business Retirement Plan?
2) …

What Is the Difference Between an Independent Contractor vs Employee?

February 2nd, 2022

21:47

On this episode Mike Jesowshek, CPA talks about the difference between an independent contract and employee and why it is important in your business.

1) What Is An Independent Contractor?
2) What Is An Employee?
3) Why Is …

What Tax Strategies Are Available After the Year Is Over? Tax Strategies After 12/31/21

January 26th, 2022

20:14

On this episode Mike Jesowshek, CPA talks about tax strategies that are still available to you (after year-end) prior to filing your 2021 tax return.

1) What Retirement Tax Strategies Are Available After Year-End?
2) What …

What 3 Mistakes Do New High-Income Entrepreneurs Make and How Can They Avoid Them?

January 19th, 2022

25:19

On this episode Mike Jesowshek, CPA talks with Chris Hanna. He shares his story of entering the entrepreneurial journey and shares tips he has learned along the way.

1) Mistake #1: Ignoring Your Taxes Until They’re Due …

What's the Difference Between a Hobby and Business?

January 12th, 2022

17:12

On this episode Mike Jesowshek, CPA talks about the difference between a hobby and a business and why this could be so important to you.

1) What is a …

When Are 2021 Tax Returns Due? How Can I Make This Tax Season Stress Free?

January 5th, 2022

14:30

On this episode Mike Jesowshek, CPA talks about the 2021 tax due dates and how to be prepared for this upcoming tax season.

1) What Are The 2021 Tax Due Dates?
2) Action Steps For Your Business Tax Return
3) Action Steps …

Tax Savings Summit + Guest Appearance on the Financial Flossing Podcast

December 29th, 2021

30:38

On this episode Mike Jesowshek, CPA takes some time to talk about the Small Business Tax Savings Summit. He then ends it with a guest appearance he had on the Financial Flossing Podcast.

LINKS FROM THE SHOW

Sign-Up for …

Tax Minimization Program + Guest Appearance on The Free Retiree Show

December 22nd, 2021

41:32

On this episode Mike Jesowshek, CPA takes some time to talk about the Tax Minimization Program. He then ends it with a guest appearance he had on The Free Retiree Show.

LINKS FROM THE SHOW

Join Our Tax Minimization …

What Do I Need To Know About 1099s? (For Business Owners)

December 15th, 2021

13:38

On this episode Mike Jesowshek, CPA talks about 1099s and why they are so important to you as a business owner.

1) What Is the One Thing I Need to Make Sure I Know About 1099s?
2) When Do I Need to File a 1099-NEC?
3) What …

What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense?

December 8th, 2021

17:39

On this episode Mike Jesowshek, CPA talks about depreciation and why a capitalization policy is so important for business owners.

1) What Is …

What Year-End Tax Strategies Are Available to Business Owners?

December 1st, 2021

17:33

On this episode Mike Jesowshek, CPA talks about last minute tax strategies that are available to business owners that need to be implemented before year-end.

1) High Level Quick Hit Year-End Items
2) Prepay Expenses Using …

What Is a Cost Segregation Study and When Does It Make Sense?

November 24th, 2021

18:46

On this episode Mike Jesowshek, CPA talks with Lester Cook from KBKG about cost segregation.

1) What is Cost Segregation?
2) What is a Cost Segregation …

How Do I Reimburse Myself From the Business? When Does An Accountable Plan Come Into Play?

November 17th, 2021

18:09

On this episode Mike Jesowshek, CPA talks about reimbursing yourself from the business and the importance of having an accountable plan in place.

1) …

What Is the Research and Development (R&D) Credit and How Do I Qualify?

November 10th, 2021

26:36

On this episode Mike Jesowshek, CPA talks with Jonathan Tucker from KBKG about the Research and Development (R&D) Tax Credit.

1) What is the Research and Development (R&D) Tax Credit?
2) What are the Potential …

What Health Benefit Options are Available for Small Businesses With Employees?

November 3rd, 2021

26:24

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the options that are available to those business owners looking to offer health benefits to their employees.

1) What Is a …

What Options Are Available to Business Owners With High Medical Costs?

October 27th, 2021

15:36

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the options that are available to those solo business …

What Is An HSA and How Do They Work?

October 20th, 2021

12:33

On this episode Mike Jesowshek, CPA continues our "Healthcare Mini Series" with breakdown of the Health Savings Account (HSA).

1) What Is a Health Savings Account (HSA)?
2) What Are the Benefits of an HSA?
3) What Are The …

How Does the Deduction For Self-Employed Health Insurance Work?

October 13th, 2021

12:59

On this episode Mike Jesowshek, CPA kicks off the "Healthcare Mini Series" with some guidance on treatment for self-employed health insurance …

What Is the Employee Retention Tax Credit and How Do I Qualify and Receive the Credit?

October 6th, 2021

34:41

On this episode Mike Jesowshek, CPA shares a webinar he did on the Employee Retention Tax Credit. The Employee Retention Credit is a federal government cash award available to virtually every small business (<=100 in …

Small Business Tax Savings Summit - Registration Now Open!

October 5th, 2021

4:44

On this special, one-off episode Mike Jesowshek, CPA announces the Small Business Tax Savings Summit and that registration is now open!

Sign-Up Now: https://www.taxsavingspodcast.com/summit

Dates: June 14 + 15, 2022

1) …

Interview with MJ DeMarco a International Best-Selling Author (The Millionaire Fastlane)

September 29th, 2021

43:12

On this episode Mike Jesowshek, CPA interviewed MJ Demarco, international best-selling author. We talk about how you can shift away from the status quo way of thinking and build a business quickly (note: not easily) to …

Starting a Business Series - Q&A Session - Part 2 of 2

September 22nd, 2021

20:02

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series with a Q&A session for those topics that were sent to us throughout the series. 

This is Part 2 of 2.

LINKS FROM THE SHOW

Show Blog:

Starting a Business Series - Q&A Session - Part 1 of 2

September 15th, 2021

19:39

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series with a Q&A session for those topics that were sent to us throughout the series. 

This is Part 1 of 2.

LINKS FROM THE SHOW

Show Blog:

What Apps Do I Need As A New Business Owner?

September 8th, 2021

16:28

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He explains what software apps you will want to consider.

1) What Are the Two Most Vital Accounting Apps For a New Business Owner?

2) What Do …

What Are Estimated Taxes and How Do I Pay Them?

September 1st, 2021

17:01

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He explains what estimated taxes are and the importance of them and how you go about paying for them.

1) When Do You Owe Taxes On Your …

How Do I Pay Myself As A Business Owner?

August 25th, 2021

18:14

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses how you go about paying yourself as the business owner.

1) How Do I Pay Myself As A Business Owner?

2) Based On My Entity Type, …

What Do I Need To Know About Taxes As A Business Owner?

August 18th, 2021

15:47

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the high level things you need to know about taxes as a new business owner.

1) What Do I Need To Know About Tax, From A Basic …

How Do I Hire Employees In My Business?

August 11th, 2021

19:13

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the things you need to think about as you look to start hiring employees

1) Do I Bring On Workers As Independent Contractors or …

Do I Need To Do Bookkeeping For My Business?

August 4th, 2021

18:08

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! He discusses the importance of doing bookkeeping in your business.

1) What Is Bookkeeping?

2) What Type of Transactions Do I Need To Be …

How Do I Setup An LLC or Corporation?

July 28th, 2021

29:33

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! For this one we have special guest, Andrew M Ayers on to discuss the process of setting up an LLC or Corporation

1) Choose a Name

2) Choose …

Should I Stay a Sole Prop or Organize an LLC or Corporation?

July 21st, 2021

28:55

On this episode Mike Jesowshek, CPA continues the "Starting a Business" series! For this one we have special guest, Andrew M Ayers on to discuss …

What Initial Things Should I Consider When Starting A New Business?

July 14th, 2021

17:57

On this episode Mike Jesowshek, CPA kicks off the new "Starting a Business" series!

1) What Stage Am I At In The Business?

2) How Should I Organize My …

What Can I Deduct As A Business Expense?

July 7th, 2021

11:43

On this episode Mike Jesowshek, CPA talks about business deductions and how to maximize them.

1) What Can I Deduct As A Business Expense?

2) How Do I Maximize Business Deductions?

3) A Few Notes And Things To Think About

4) …

Small Business Tax Savings Podcast - 3 Years in Review + Promo

June 30th, 2021

8:00

On this episode Mike Jesowshek, CPA gives a 3 year update on the Podcast.

1) 3 Years In Review

2) What's New?

3) What's Next?

4) How Can You Help?

5) Promotion - Win a T-Shirt and 1 Year Subscription to the Tax Minimization …

What Do I Need To Know About Retirement Plan Deadlines?

June 23rd, 2021

23:11

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on from Life Inc Retirement Services to discuss what you need to know about retirement plan deadlines.

1) Retirement Plan Deadlines For Companies w/ …

How Does The Child Tax Credit Work For 2021?

June 16th, 2021

9:32

On this episode Mike Jesowshek, CPA talks about how the child tax credit has changed specifically for 2021.

1) What Are The Typical Parameters Around The Child Tax Credit?

2) What Are The Changes To The Child Tax Credit …

How Can I Deduct 100% of Employee Recreation and Parties?

June 9th, 2021

9:22

On this episode Mike Jesowshek, CPA talks about how you can potentially deduct 100% of the cost of employee recreation and parties.

1) How Is It Possible To Get a 100% Deduction For Entertainment?

2) What Else Do I Need …

How Do I Avoid A Big Tax Bill Or Surprise?

June 2nd, 2021

11:06

On this episode Mike Jesowshek, CPA talks about what to do if you have business expenses that you accidentally paid for personally.

1) How Do I Avoid A Big Tax Bill?

2) How Do I Avoid A Tax Surprise?

3) Join Our Tax …

How Are Start-Up Costs Handled?

May 26th, 2021

17:02

On this episode Mike Jesowshek, CPA talks about what start-up costs are and how they are handled.

1) What Are Start Up Costs?

2) What Are Organizational Costs?

3) How Does The Tax Deduction For Start-Up and Organizational …

What Are Baseline Tax Strategies vs Advanced Tax Strategies?

May 19th, 2021

10:06

On this episode Mike Jesowshek, CPA talks about what baseline tax strategies are and how they compare to advanced tax strategies.

1) What Are Baseline Tax Strategies?

2) What Are Advanced Tax Strategies?

3) Join Our Tax …

I Accidentally Paid For Business Expenses Using Personal Funds, Now What?

May 12th, 2021

12:54

On this episode Mike Jesowshek, CPA talks about what to do if you have business expenses that you accidentally paid for personally.

1) Why Should I …

Modernizing Your Small Business w/ Special Guest Gordon Henry

May 5th, 2021

36:36

On this episode Mike Jesowshek, CPA has special guest, Gordon Henry, on to discuss how you can modernize your small business.

1) FREE WEBINAR: Tax Secrets Nobody Tells Entrepreneurs - Sign-Up:

Why Should I Hire My Kids In My Business?

April 28th, 2021

16:33

On this episode Mike Jesowshek, CPA talks about how you can hire your kids in your business!

1) What Do I Need To Know About Hiring My Kids In My Business?

2) Great, Now How Do I Do It?

3) FREE WEBINAR: Tax Secrets Nobody …

What Do I Need To Know About Meal Expenses For 2021?

April 21st, 2021

10:47

On this episode Mike Jesowshek, CPA talks about the changes to meal expenses here in 2021.

1) How Does The Meal Deduction Typically Work?

2) Great, Now What Changed For 2021?

3) WEBINAR: Tax Secrets Nobody Tells …

How Do You Get Profits Out Of Your Business?

April 14th, 2021

13:36

On this episode Mike Jesowshek, CPA talks about the options available to you to get money out of your business to you personally.

1) What Is An Owner’s Draw vs Salary? 

2) How Do I Take Money Out Of My Company?

3) My …

What If I Cannot Afford To Pay My Taxes When Due?

April 7th, 2021

14:15

On this episode Mike Jesowshek, CPA talks about the options available to you if you cannot afford your tax bill.

1) What Do I Need To Know If I Cannot Afford To Pay My Tax Bill?

2) What Happens If I Do Not Pay My Taxes On …

Is It Fine To File An Extension And What Do I Need To Know About Tax Extensions?

March 31st, 2021

13:29

On this episode Mike Jesowshek, CPA talks about the tax extensions and what you need to know.

1) Is It Fine To File An Extension?

2) What Are The Extension Deadlines For Tax Year 2020 And What Form Do I Use?

3) What …

Can I Have A Home Office If I Have Another Office?

March 24th, 2021

16:49

On this episode Mike Jesowshek, CPA talks about the home office and what you need to know.

1) What Qualifies As A Home Office?

2) How Do I Calculate …

American Rescue Plan Act – What Do I Need To Know?

March 17th, 2021

14:17

On this episode Mike Jesowshek, CPA talks about the newly passed COVID relief package, American Rescue Plan Act.

1) American Rescue Plan Act – …

Do I Need To File A Tax Return (Personal or Business)?

March 10th, 2021

13:08

On this episode Mike Jesowshek, CPA talks about the tax return filing requirements and if you even need to file.

1) Do I Need To File A Personal Tax Return?

2) Do I Need To File A Business Tax Return?

3) Join Our Tax …

What Is The 14 Day Home Rental Strategy (aka The Augusta Rule)?

March 3rd, 2021

12:01

On this episode Mike Jesowshek, CPA talks about the 14 day home rental strategy (also known as The Augusta Rule).

1) What Is The 14 Day Home Rental …

What Are Some Advanced Retirement Plan Options For High-Income Earners?

February 24th, 2021

19:21

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss advanced retirement options for high income earners.

1) What Is A …

What Is a Safe Harbor 401k or QACA Safe Harbor 401k?

February 17th, 2021

22:31

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the Safe Harbor and QACA Safe Harbor 401k.

1) What Is A Safe Harbor …

What Is a Traditional 401k For Businesses?

February 10th, 2021

17:23

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we discuss the Traditional 401k.

1) What Is a Traditional 401k and What Do I …

What Is a SIMPLE IRA or Payroll Deducted IRA?

February 3rd, 2021

21:44

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we …

What Is A SEP IRA and Solo or Individual 401k?

January 27th, 2021

21:41

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to continue our series on retirement plan options. On this episode we …

What Retirement Options Are Available For Business Owners?

January 20th, 2021

26:26

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on to start a series that we are doing on retirement plan options.

1) What Is Your Goal With a Retirement Plan?

2) What Retirement Plan Options Are …

What Do I Need To Know About Sales Tax?

January 13th, 2021

21:17

On this episode Mike Jesowshek, CPA has special guest Danny Wright on to talk about what you need to know about sales tax..

1) What Is Sales Tax Nexus?

2) Is My Product or Service Subject to Sales Tax?

3) When It Comes to …

How Can I Make Tax Season Stress Free and What Are The 2020 Tax Due Dates?

January 6th, 2021

15:46

On this episode Mike Jesowshek, CPA talks about how you can make this tax season stress free and some of the important due dates for 2020.

1) Action Steps For Your Business Tax Return

2) Action Steps For Your Personal Tax …

What Do I Need To Know About the COVID Relief Bill?

December 30th, 2020

16:20

On this episode Mike Jesowshek, CPA talks about the new COVID relief bill and what you need to know. Here is what is discussed today:

1) What Is Included In the COVID Relief Bill for Individuals?

2) What Is Included In …

Appearance on The One Big Tip Podcast with Jeff Mendelson

December 23rd, 2020

13:34

On this episode Mike Jesowshek, CPA shares an appearance he had on The One Big Tip Podcast by Jeff Mendelson.  Here are the show notes from that episode:

When Mike stepped out of his marketing job and into the new realm …

What Do I Need to Know About Purchasing, Deducting, and Depreciating a Business Vehicle?

December 16th, 2020

19:48

On this episode Mike Jesowshek, CPA talks about purchasing, deducting, and depreciation a business vehicle. Here is what is discussed today:

1) What Options are Available for Vehicle Deductions?

2) What Do I Need To Know …

What Do I Need To Know About Deducting Self-Employed Health Insurance? PLUS: Last Minute Medical Plan Strategies

December 9th, 2020

13:39

On this episode Mike Jesowshek, CPA talks about self employed health insurance and what you need to do to ensure you get a full deduction. He also …

What Can I Do In My Business Before Year-End to Minimize Taxes?

December 2nd, 2020

15:59

On this episode Mike Jesowshek, CPA talks about strategies you can implement before year-end to minimize your taxes. Here is what is discussed today:

1) Prepay Expenses Using the IRS Safe Harbor

2) Stop Billing Customers, …

What Is An Accountable Plan and Why Is It Important To My Business?

November 25th, 2020

15:36

On this episode Mike Jesowshek, CPA talks about what an accountable plan is and how it can be beneficial in your business. Here is what is discussed today:

1) What is an Accountable Plan?

2) Why Is It Important To Have An …

Coronavirus (COVID-19): PPP Forgiveness and Tax Treatment + EIDL Advance

November 18th, 2020

11:45

On this episode Mike Jesowshek, CPA talks about PPP Forgiveness and the tax treatment along with tax treatment on the EIDL advance. Here is what is  discussed today:

1) Paycheck Protection Program (PPP) Forgiveness

2) …

What Is a 1099-NEC and What Do I Need To Know About 1099s?

November 11th, 2020

14:00

On this episode Mike Jesowshek, CPA talks about 1099s and this new 1099-NEC form and what you need to know. Here is what is  discussed today:

1) What is Form 1099?

2) What is a 1099-MISC vs 1099-NEC?

3) When Do I Need to …

How Do I Value My Business? What Do I Need To Know If I Plan to Sell? (w/ Special Guest Liz Briggson)

November 4th, 2020

24:28

On this episode Mike Jesowshek, CPA has special guest Liz Briggson from Adamy Valuation on to discuss how you go about valuing your business and …

All About Bookkeeping Panel Discussion with JETRO Bookkeepers

October 28th, 2020

25:57

On this episode Mike Jesowshek, CPA invites a few JETRO bookkeepers on for a panel discussion to wrap up the "All About Bookkeeping" series. If you …

Top 7 Most Common Bookkeeping Mistakes Made

October 21st, 2020

17:06

On this episode Mike Jesowshek, CPA finishes our "All About Bookkeeping" series. If you  missed the first seven episodes, check those out. Here is …

What is the Statement of Cash Flows? Any Other Important Financial Statements?

October 14th, 2020

13:23

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first six episodes, check those out. Here is what is  discussed today:

1. What Is a Statement of Cash Flows?

2. What Are …

How Do I Read A Balance Sheet and Why Is It Important?

October 7th, 2020

20:33

On this episode Mike   Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first five episodes, check those out. Here is what is discussed today:

1. What Is a Balance Sheet Recap?

2. What Are …

How Do I Read An Income Statement and Why Is It Important?

September 30th, 2020

19:24

On this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is  discussed today:

1. What Is a Income Statement (also known as …

What Is An Income Statement vs Balance Sheet?

September 23rd, 2020

13:25

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first three episodes, check those out. Here is what is discussed today:

1. What Is a Income Statement (also known as …

What Is Cash and Accrual Accounting?

September 16th, 2020

17:43

On this episode Mike  Jesowshek, CPA continues our "All About Bookkeeping" series. If you  missed the first two check those out. Here is what is discussed today:

1. What Is Cash Basis Accounting/Bookkeeping?

2. What Is …

What Are Bookkeeping Debits, Credits, and Chart of Accounts?

September 9th, 2020

14:18

On this episode Mike Jesowshek, CPA continues our "All About Bookkeeping" series. If you missed the first one check that out. Here is what is discussed today:

1. What Are Debits vs Credits?

2. What Is a Chart of Accounts?

What Is Bookkeeping and Why Do I Need Bookkeeping For My Business?

September 2nd, 2020

17:00

On this episode Mike Jesowshek, CPA kicks off our "All About Bookkeeping" series with a important topic, what is bookkeeping and why do you need it. Topics discussed include:

1. What Is Bookkeeping? Simplified Definition …

Everything You Need To Know About S Corporations - Series Wrap Up

August 26th, 2020

14:56

On this episode Mike Jesowshek, CPA talks wraps up the S Corporation series with a nice summary of the prior 6 episodes.

Here are the topics covered in the prior episodes and summarized here.

1. What Is a Pass Through …

I Have An S Corp, Now What?

August 19th, 2020

13:27

On this episode Mike Jesowshek, CPA talks about what you need to know now that you are setup as an S Corp, specifically discussion S Corporation …

What Is A Reasonable Compensation For An S Corporation Owner?

August 12th, 2020

19:09

On  this episode Mike   Jesowshek, CPA talks about what a reasonable compensation is for an S Corporation owner is an how you can go about trying to …

What Are The Requirements For An S Corporation and How Do I Set One Up?

August 5th, 2020

13:19

On this episode Mike   Jesowshek, CPA talks about what the requirements are for an S Corporation and how you can go about electing S Corp status in …

What is an S Corporation and Why Should I Elect To Be One?

July 29th, 2020

19:50

On this episode Mike  Jesowshek, CPA talks about what an S Corporation is and why you may want to elect to be taxed as one. This is one episode in a …

What Is An LLC and How Is It Different From An S Corporation?

July 22nd, 2020

10:28

On this episode Mike  Jesowshek, CPA talks about what a sole proprietorship and an LLC is and how that is different form an S Corporation. This is …

Pass Through Entity - What is it and what does it mean?

July 15th, 2020

10:50

On this episode Mike  Jesowshek, CPA talks about pass through entities. What are they are what does it mean?

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Multiple Owner Business Structure Options and Tax Deadline Reminder

July 8th, 2020

13:28

On this episode Mike Jesowshek, CPA talks about how to structure your business if you have multiple owners. He walks through two main options that …

Company Retreats - Connect w/ Your Employees or Clients

July 1st, 2020

11:56

On this episode Mike   Jesowshek, CPA talks about company retreats for your employees or clients. This is a great opportunity to connect on another level with your team.

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Podcast Host: Mike Jesowshek, CPA - …

Coronavirus (COVID-19) - Paycheck Protection Program (PPP) Forgiveness for Small Businesses

June 24th, 2020

15:53

On this episode Mike  Jesowshek, CPA talks about the Paycheck Protection Program (PPP) forgiveness details. With all of the changes that have been occurring this an overall update and summary to where we are today.

Importance of Tax Planning for Small Business Owners

June 17th, 2020

12:21

On this episode Mike Jesowshek, CPA talks about the importance of tax planning for business owners and the difference between tax preparation and filing and tax planning. As a business owner, tax planning is necessary …

Big Bank or Small Bank and PPP Program Update

June 10th, 2020

11:50

On this episode Mike  Jesowshek, CPA talks about banking options, whther that is using a big bank, small bank or even a new digital bank. He also talks about the PPP bill that was passed and is now law to ease the …

Coronavirus (COVID-19) - PPP Program Update, Free Tool, Funds Still Available

June 3rd, 2020

8:55

On this episode Mike Jesowshek, CPA talks about the bill that was passed by the House related to the PPP, a free tool to help with the PPP loan …

Top 4 Bookkeeping Rules to Follow

May 27th, 2020

12:25

On this episode Mike Jesowshek, CPA talks about the top 4 bookkeeping rules that you need to follow as a business owner.

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Podcast Host: Mike …

Coronavirus (COVID-19) - PPP Loan Certification Clarification, Taxability and Forgiveness Application

May 20th, 2020

12:05

On this episode Mike  Jesowshek, CPA talks about the paycheck protection program, specifically about PPP loan certification clarification, PPP loan taxability, and PPP loan forgiveness application.

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Podcast Host: …

Coronavirus (COVID-19) - Tax Deadlines/Extensions and Student Loan Payments by Employer

May 13th, 2020

9:20

On this episode Mike Jesowshek, CPA talks about new tax deadlines and extension requirements due to the Coronavirus. He also discussed student loan payments made by the employer and how they are not taxable to the …

Free Bookkeeping Training Program & Community Giving

May 6th, 2020

12:00

On this episode Mike  Jesowshek, CPA introduces our new FREE Bookkeeping Training Program all inclusive with templates, video training, etc. He also talks about giving back to the community and a thank you to both …

Coronavirus (COVID-19) - PPP Forgiveness Information and Certification

April 29th, 2020

14:37

On this episode Mike Jesowshek, CPA talks about the forgiveness piece of the Paycheck Protection Program (PPP). He is also talks about the certification item that was made when applying for the PPP.

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Podcast Host: …

Coronavirus (COVID-19) - Employee Retention Tax Credit

April 22nd, 2020

8:56

On this episode Mike  Jesowshek, CPA talks about the employee retention tax credit (ERTC) COVID-19 relief option. We've talked heavily about EIDL and PPP but what about ERTC? Don't you love all the acronyms?

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Coronavirus (COVID-19) - Relief Options Summary

April 15th, 2020

16:53

On this episode Mike Jesowshek, CPA talks about the COVID-19 relief options available to business owners and individuals. Topics include: Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL), SBA …

Coronavirus - CARES Act - Checks, Charity, and NOLs

April 8th, 2020

12:27

On this episode I talked about the part of the CARES act as it relates to the checks to Americans, charitable contributions in 2020 and the ability of net operating loss carry-back.

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Podcast Host: Mike Jesowshek, …

Coronavirus - COVID-19 Government Loan Options Update (EIDL vs PPP)

April 3rd, 2020

13:58

On this episode we give an update on the Paycheck Protection Program (PPP) and talk about the options available to you as a business owner.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

Coronavirus - Government Loan Options (May Be Forgiven)

April 1st, 2020

18:17

In this episode Mike Jesowshek, CPA talks about two Coronavirus COVID-19 government loan options.  1) Economic Injury Disaster Loan (EIDL) and 2) Paycheck Protection Program (PPP).

NOTE: UPDATE TO PPP PROGRAM AFTER …

Coronavirus - Planning and Expense Cutting

March 25th, 2020

15:44

In this episode Mike Jesowshek, CPA talks about the importance of planning during this difficult time.  Start putting together good, bad, and ugly …

Coronavirus - Embrace The Situation and Be A Leader

March 18th, 2020

9:12

In this episode Mike Jesowshek, CPA talks about the Coronavirus and how it may be impacting your business.  This is time as a business owner to step up, be that leader, embrace the tough situation and take what is given …

Tax Issues? What You Need to Know About Tax Resolution

March 11th, 2020

32:31

In this episode Mike Jesowshek, CPA talks with Kelly Coughlin from the Tax Resolution Help Center.  This is a great intro to tax resolution and …

2019 Tax Due Dates and 2020 Tax Guide

March 4th, 2020

9:20

In this episode Mike Jesowshek, CPA talks about the upcoming 2019 tax due date deadlines along with some changes for 2020.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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JETRO 2020 …

Are various income types taxed differently?

February 26th, 2020

11:47

In this episode Mike Jesowshek, CPA talks about the various types of income and how they are taxed.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast Website:

High End Tax Strategies (w/ Special Guest Alex Sonkin)

February 19th, 2020

26:09

In this episode Mike Jesowshek, CPA talks with Alex Sonkin regarding high end tax strategies and JETRO's partnership with his program. 

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

Per Diem for Employees

February 12th, 2020

7:38

In this episode Mike Jesowshek, CPA talks about per diems and how they relate to your employees, not the business owner.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast …

Per Diem for Business Owners

February 5th, 2020

10:40

In this episode Mike Jesowshek, CPA talks about per diems and how they work for business owners.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast Website:

Charitable Giving - Personally or Through a Business?

January 29th, 2020

10:00

In this episode Mike Jesowshek, CPA talks about charitable contributions and whether you should make them personally or through a business.  He also …

Does No 1099 Mean No Deduction?

January 22nd, 2020

8:31

In this episode Mike Jesowshek, CPA talks about what happens if you were suppose to send a 1099 to a contract but did not.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast …

Bank Account Empty but Still Showing a Profit - Why?

January 15th, 2020

12:57

In this episode Mike Jesowshek, CPA answers a listeners question about how they can have an empty bank account but still show a profit.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

Sales Tax - What do I need to know?

January 8th, 2020

35:06

Sales Tax - What do I need to know? - In this episode Mike Jesowshek, CPA has special guest Dan Petry on from Avalara to give an initial overview of what small business owners need to know about sales tax.

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Tax Due Dates and Podcast Changes

January 1st, 2020

5:16

Podcast Changes and Tax Due Dates - In this episode Mike Jesowshek, CPA introduces some changes to the Podcast and discusses tax due dates as we enter tax season.

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Podcast Host: Mike Jesowshek, CPA - Founder of …

Great Changes for 2020 and Thank You!

December 24th, 2019

2:24

In this episode Mike Jesowshek, CPA reflects on 2019 and gives some insights on great changes coming to the podcast in 2020!

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast …

Gather W9s and Make Tax Season Stress Free

December 18th, 2019

8:45

Gather W9s and Make Tax Season Stress Free - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talk about getting W9s from contractors paid over $600 throughout the year and tips on how to make this tax season an …

Self Employed Health Insurance and Reasonable Salary Before Year-End

December 11th, 2019

7:06

Self Employed Health Insurance and Reasonable Salary Before Year-End - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talk about running a reasonable compensation for S Corp owners as well as the correct …

Last Minute Year-End Tax Strategies

December 4th, 2019

10:45

Last Minute Year-End Tax Strategies - In this episode Mike Jesowshek, CPA and Lisa Ransom, CPA talked about last minute year-end tax strategies.  They discuss prepaying expenses, stopping billing and pushing it to next …

Business Banking Reimagined (w/ Special Guest Yoseph West)

November 27th, 2019

36:37

Business Banking Reimagined (w/ Special Guest Yoseph West) - Digital banking, what's that? This week I sat down with Yoseph West from Relay and talked about a new way to do banking. We encourage our clients to modernize …

Marriage, Kids, and Family Tax Strategies Before Year-End

November 20th, 2019

7:46

Marriage, Kids, and Family Tax Strategies Before Year-End - In this episode Mike Jesowshek, CPA talks about hiring your kids, how getting married or divorce can impact you before year-end, and how to make use of the 0 …

Backdoor Roth IRA and Retirement Options Before Year-End

November 13th, 2019

10:52

Backdoor Roth IRA and Retirement Options Before Year-End - In this episode Mike Jesowshek, CPA talks about setting up a Solo 401k before year-end as …

Vehicle Depreciation Before Year-End

November 6th, 2019

8:48

In this episode Mike Jesowshek, CPA talks about purchasing vehicles before year-end and how the tax deduction works for that.

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Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)

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Podcast …

Financing Small Businesses and Franchises (w/ Special Guest Paul Bosley)

October 30th, 2019

22:39

Financing Small Businesses and Franchises (w/ Special Guest Paul Bosley) - In this episode Mike Jesowshek, CPA talks with Paul Bosley about financing …

Deducting Travel For Business

October 23rd, 2019

10:45

Deducting Travel For Business - In this episode Mike Jesowshek, CPA talks about deducting travel as a business expense and how you have the ability to turn almost any trip into a business trip and even your personal …

Preparing Your Bookkeeping for Year-End

October 16th, 2019

12:01

Preparing Your Bookkeeping for Year-End In this episode Mike Jesowshek, CPA talks about things you can and should be doing now to make sure your …

Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso)

October 9th, 2019

50:51

Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso) - In this episode Mike Jesowshek, CPA has special guests Jeff Van Kampen and Nick Urso on to discuss digital marketing in the digital era. …

Expensing Items Under $2,500 (Safe Harbor Method)

October 2nd, 2019

9:08

Expensing Items Under $2,500 (Safe Harbor Method) - In this episode Mike Jesowshek, CPA talks about the safe harbor method and how you are able to expense all items under $2,500 without having to deal with …

Accountable Plan Importance (Expense Reimbursement)

September 25th, 2019

12:40

Accountable Plan Importance (Expense Reimbursement) - In this episode Mike Jesowshek, CPA talks about the importance of setting up an accountable plan and key things you need to consider.  The last thing you want is a …

Home Office Deduction for S Corporations

September 18th, 2019

8:33

Home Office Deduction for S Corporations - In this episode Mike Jesowshek, CPA talks about the ability to claim the home office deduction as an S Corporation owner even though there is no specific line item for it, like …

Appearance on The Mind Body Business Show with Brian Kelly

September 11th, 2019

46:10

In this episode I share a part of my interview with Brian Kelly on The Mind Body Business Show.  We discuss daily routines, success, failures, team …

Quarterly Estimated Taxes for Business Owners

September 4th, 2019

7:10

In this episode Mike Jesowshek, CPA talks about quarterly estimated taxes for business owners.  Who need to make them, when you need to make them and …

CRM and Digital Marketing (w/ Special Guest Fred Varin and Jackie Brajner)

August 28th, 2019

1:02:25

In this episode Mike Jesowshek, CPA has Fred Varin and Jackie Brajner on from Topline Results to discuss CRM and Digital Marketing for small …

Business Meal Tax Deductions After Tax Law

August 21st, 2019

6:20

In this episode Mike Jesowshek, CPA talks about how  the Tax Cuts and Jobs Act removed the “directly related and associated with” requirements from business meals and why this matters to your business.

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Podcast …

Using Habits to Attain Goals

August 14th, 2019

8:54

In this episode Mike Jesowshek, CPA talks about an article he read and the differences between habits and goals and how you can actually use habits to attain even your wildest goals.

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Podcast Host: Mike …

Stop Commingling Personal and Business Items

August 7th, 2019

6:34

On this episode we talk about how commingling personal and business items can be damaging to your business.

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

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Podcast Website:

Tax Savings for Real Estate Investors (w/ Special Guest Paul Moore)

July 31st, 2019

40:12

On this episode we have a special guest, Paul Moore, on to discuss tax savings that available for real estate investors.  This is a followup and …

Sole Props and Partners Mistakenly Paying Themselves Illegal W2 Wages

July 24th, 2019

4:32

On this episode we talk about how being organized as a sole proprietorship or partnership you are not allowed to treat yourself, as an owner, as a W2 …

Hiring Your Children in Your Business

July 17th, 2019

7:01

On this episode we talk about tax strategies to hiring your children within your business.  Rather than helping support your children with your …

Mortgages for the Self Employed (w/ Special Guest Bill Moeller)

July 10th, 2019

47:50

On this episode we have a special guest, Bill Moeller, on to discuss mortgages and how it effects those that are self employed. In our firm we hear more and more business owners worried about getting a loan while …

Looking Ahead to 2019 Taxes

July 3rd, 2019

7:49

On this episode we talk about some of the tax changes for 2019.  I know it feels like we just left tax season but it is time to start thinking about 2019 now that we are half way through the year.

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Podcast Host: …

Xerocon and Free Bookkeeping Training Program

June 26th, 2019

5:38

On this episode we talk about Xerocon 2019 in San Diego.  We also discuss our free bookkeeping training program for those small or startup businesses.

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

Turning a Side Hustle Into a Business (w/ Special Guest Eric Rosenberg)

June 19th, 2019

38:28

 On this episode we have a special guest, Eric Rosenberg, on to discuss turning a side hustle into a business.  

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

Special Guest: Eric Rosenberg

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Time Tracking for Employees and Job Costing (TSheets)

June 12th, 2019

4:24

On this episode we talk about time tracking for not only hourly employees but as well as job costing and performance.  We talked about a software called TSheets which is actually what we use in our firm.  

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Payroll in the Modern Day (Gusto)

June 5th, 2019

6:16

On this episode we talk about modern day payroll and how technology has made this pesky task so much easier and cost effective.  

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Podcast …

Business Credit and Alternative Funding (w/ Special Guest Kimberly Massey)

May 29th, 2019

44:35

On this episode we have a special guest, Kimberly Massey, on to discuss obtaining business credit and alternative funding.  

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

Special Guest: Kimberly …

SIMPLE IRA and 401(k)

May 22nd, 2019

8:50

On this episode we discuss retirement options for business owners with  employees.  We talk about both a SIMPLE IRA and 401(k) including the characteristics of each and which one might make sense for you.  

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SEP IRA and Solo 401(k)

May 15th, 2019

11:06

On this episode we discuss retirement options for business owner with zero or few employees.  We talk about both a SEP IRA and Solo 401(k) including …

Passive Investing Using Real Estate (w/ Special Guest Lane Kawaoka)

May 8th, 2019

41:18

On this episode we have a special guest, Lane Kawaoka, on to discuss passive investing using real estate.  Great information is shared if you are …

Traditional and Roth IRA Overview

May 1st, 2019

12:50

On this episode we dig into both Traditional and Roth IRAs and go through the important information on each and compare them side by side. 

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

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Fulfillment in Giving Back

April 24th, 2019

6:42

On this episode we go a little different direction and discuss some of the fulfillment you as a business owner can get from giving to those that are …

4 Things You Can Do Now to Avoid Accounting and Tax Stress

April 17th, 2019

10:15

On this episode we talk about things you can do in your business NOW to avoid accounting and tax stress. Tax season is over and you may be relieved thinking you do not have to worry about that again for another year. If …

Last Minute Tax Filing Tips

April 10th, 2019

4:23

On this episode we talk about some last minute tax filing tips.  We discuss extensions and payments.  Happy almost end to tax season everyone!

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Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

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Small Business Accounting and Tax Secrets

April 3rd, 2019

52:59

This episode is different from our normal. We hosted a webinar this week that I believe provides great information for our audience so I wanted to work it into an episode.  We touch on: Tax strategies that save small …

Filing a Tax Extension

March 27th, 2019

7:33

In this episode I talk about filing a tax extension for either you or your business or both.  The deadline for Multi Member LLCs, Partnerships, and S …

Paying for Your Tax Bill

March 20th, 2019

11:52

In this episode I talk about the payment methods available to pay for your tax bill. I also talk about options available to you if you are unable to pay your tax bill by the deadline.

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Podcast Host: Mike Jesowshek …

Home Office Deduction

March 13th, 2019

9:47

In this episode I talk about the home office deduction.  Since home office may be the most misunderstood deduction available I want to break it down for you. You may have been brainwashed to hear the home office is an …

SEP IRA - Retirement Option During Tax Season

March 6th, 2019

9:35

In this episode we talk about the SEP. A Simplified Employee Pensions (“SEPs”) is an IRA that let allows you contribute more than the usual $5,500 IRA limit for yourself and your employees.  You can contribute to a SEP …

Personal Related Tax Law Changes

February 27th, 2019

11:39

In this episode we discuss tax law changes and how they relate to you personally. These are changes from the tax bill passed at the end of 2017 that you will start to see now during the 2018 tax filing season.

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Business Related Tax Law Changes

February 20th, 2019

10:41

In this episode we discuss tax law changes and how they relate to your business. These are changes from the tax bill passed at the end of 2017 that you will start to see now during the 2018 tax filing season.

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Tax Refund/Amount Due vs Tax Liability

February 13th, 2019

7:58

Judging your total tax amount based on your refund is wrong. In this episode we will be outlining the tax refund (or amount due) and how that actually correlates to your total tax paid. We will also discuss what numbers …

Merchant/Credit Card Processing For Your Business

February 6th, 2019

35:14

With cash continuing to be used less frequently, credit card processing is nearly required in businesses of all types.  This week we have a special …

Bookkeeping Software Options (Xero and more)

January 30th, 2019

6:20

Last week we talked about the importance of bookkeeping and this week I want to expand on the software options that are solid and on the market …

The Importance of Bookkeeping

January 23rd, 2019

8:35

You can help alleviate tax anxiety by keeping up with your bookkeeping and reviewing your work on a regular basis.  The act of bookkeeping can also …

Owner Draws or Dividends for Small Business Owners

January 16th, 2019

4:15

Owner draws and dividends for pass through entities do not have an effect on your taxable income, your taxable income will strictly be your profit from the business regardless of those personal transactions.


Podcast …

Tax Cuts and Jobs Act - Overview of Important Items

January 9th, 2019

10:17

The Tax Cuts and Jobs Act was passed all the way back in December of 2017.  However, 2018 is the first year that you will start to see some of the effects from it.  In this episode we do a quick summary of some of the …

Being Prepared for Tax Season

January 2nd, 2019

6:26

Welcome to 2019! In this weeks episode we will be discussing items that you can take care of now, early in tax season, that will leave you fully …

Last Minute Year-End Important Items

December 26th, 2018

5:51

Year-end is here!  Get a refresher of some last final minute items you might want to consider for 2018.


Podcast Host: Mike Jesowshek CPA, from JETRO and Associates

To find out more on this topic and many others visit our …

S-Corp Retirement Considerations Before Year-End

December 20th, 2018

5:59

As we get closer to year-end you might want to consider a SEP IRA or Solo 401k for your S Corporation. In this episode we will breakdown the …

Guest Hosts: Life Insurance Basics

December 12th, 2018

10:10

Guest Hots: This episode will be talking about the basics of life insurance for not only business owners but individuals alike. 

Podcast Host: Mike Jesowshek CPA, from JETRO and Associates Guest Hosts: Raymond Chip …

S-Corp Reasonable Salary Prior to Year-End

December 5th, 2018

3:21

S Corporation officers must be paid a reasonable salary. This salary must be completed by the end of the year so if you are a S-Corp business owner that has not processed a reasonable salary yet or need to make an …

Small Business Health Insurance Items for Year-End

November 28th, 2018

6:04

In order to be able to deduct self-employed health insurance you have to be reporting it correctly. This is different for sole proprietors and S …

1099's: What You Need To Know

November 21st, 2018

6:21

1099’s ARE VERY IMPORTANT and we want you to be as ready as possible to prepare your 1099’s this year. As you know, any vendor that is a sole …

Income Deferment For Year-End

November 14th, 2018

3:31

Deferring income into the new year is a great way to lower taxable income in the current year for cash basis filers. It should be noticed that this …

Expense Acceleration Before Year-End

November 7th, 2018

2:56

Accelerating expenses before year-end is a great way to get some cash off of the books and take advantage of a tax deduction for cash basis filers. …

"Bunching" Itemized Deductions in One Year

October 31st, 2018

2:26

With the new tax law the standard deduction has nearly doubled making the ability to utilize itemized deductions harder. Today we discuss a technique called "bunching" to help take advantage of those itemized …

Small Business Retirement Planning - Qualified & Non-Qualified Options

October 24th, 2018

23:55

Mike Jesowshek, CPA at JETRO and Associates discusses small business retirement planning options including both qualified and non-qualified planning. Matthew Schumaker from Principal was a special guest. This is a …

Meal Expenses NOT Gone!

October 10th, 2018

3:06

Entertainment expenses may be gone starting in 2018 but the IRS finally released guidance regarding the meals deduction for business owners.More Info:

Deadline Reminder: 2017 Tax Return Extension (Business and Personal)

September 6th, 2018

1:55

On this podcast Mike Jesowshek CPA, from JETRO and Associates has a friendly reminder for those that haven't filed their 2017 tax returns yet.Business (S-Corp or Partnership) Extension Deadline: September 17, 2018 …

Bookkeeping and Tax Essentials to Save Businesses Thousands

July 13th, 2018

49:32

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses accounting, bookkeeping, and tax essentials that can save business owners thousands. This is a recording of a previous webinar that was hosted.To …

Avoiding an IRS Audit

May 22nd, 2018

7:42

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses how to avoid and bulletproof yourself from an IRS audit..To find out more on …

Entertainment Expenses GONE but what about meals?

May 14th, 2018

11:56

On this podcast Derek Kellett CPA, from JETRO and Associates discusses entertainment expenses being disallowed in 2018 and how that may or may not change how business meals are expensed.To find out more on this topic …

Independent Contractor or Employee?

May 9th, 2018

4:57

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses the classification of workers as independent contractors or employees in relation to fitness studios and gyms.To find out more on this topic and …

S-Corporation Savings and Summary

May 7th, 2018

10:06

On this podcast Derek Kellett CPA, from JETRO and Associates discusses the S Corporation and how it could potentially benefit your business. He also …

Taxes Just Paid, Time to Plan Ahead

May 4th, 2018

3:18

On this podcast Derek Kellett CPA, from JETRO and Associates discusses finishing tax season and looking onward to things that can be planned ahead to help your business.Find out more on this topic and many others at

Sales Tax and Nexus for Small Businesses

May 2nd, 2018

3:06

On this podcast Mike Jesowshek CPA, from JETRO and Associates discusses sales tax and what may require you to file sales tax in a specific state or locality. Find out more on this topic and many others at

5 Bookkeeping Tips for New Business Owners

May 2nd, 2018

2:24

On this podcast Milwaukee Accountant, Mike Jesowshek CPA, from JETRO and Associates discusses 5 bookkeeping tips that new business owners should …

JETRO and Associates - We Do Accounting Different

April 26th, 2018

0:38

Overview of JETRO and Associates and how we do accounting a little bit different from our competition. We specialize in serving only small business …

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