EOFire | Daily chats with Entrepreneurs On Fire

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant. Carter Cofield is a licensed C.P.A who's goal is to teach entrepreneurs how to live tax-free. Top 3 Value Bombs 1. As an entrepreneur you are creating jobs, which stimulates the economy, so the government has massive tax breaks for entrepreneurs. The sad thing is, 90 percent of entrepreneurs have no idea 2. If you’re saving 40 percent every year on taxes, that’s more money to pass down to your kids, and to future generations. We need to start thinking and knowing that we have more control of our money 3. Every company is entitled to an annual meeting, and it can be wherever and whenever they want it to be. Do business with your friends and/or your family so you can host an annual meeting and have fun - and deduct 100 percent of your trip. 200 plus Tax Deductions For