The $100K Tax Write-Off the IRS Doesn't Want You to Know | Karlton Dennis DSH #1002

Discover the massive $100K tax write-off that could transform your business finances! 💰 Tax expert Karlton Dennis reveals game-changing strategies about vehicle depreciation and breaks down exactly how business owners can maximize their tax savings. Learn why timing is everything when it comes to major purchases and how the IRS's recent hiring of agents impacts business owners. In this eye-opening conversation, we uncover the truth about tax planning vs tax preparation, the power of family foundations, and why the wealthy pay less in taxes. Karlton shares insider knowledge from his 30+ years of family experience in the tax industry, breaking down complex strategies into simple, actionable steps. From writing off luxury vehicles to employing your children, this episode is packed with legitimate tax-saving techniques that most accountants won't tell you about. Get ready to discover how top entrepreneurs minimize their tax burden and keep more of their hard-earned money. Want to save thousands on your taxes? Watch now to learn the strategies that could revolutionize your business's financial future. Don't wait until December - these are the tax secrets you need to know today! 🚀 #yearendtaxplanningtips #auditredflags #yearendtaxplanningstrategies #retirementplanning #irsredflags #karltondennis #bonusdepreciation #irsdeductions #howtowriteoffyourdreamcar #taxdeductionsforselfemployed CHAPTERS: 00:00 - Intro 00:40 - Tax Code Changes 03:56 - IRS Hiring Spree 05:46 - Moving to Puerto Rico 09:58 - First Viral Videos 14:31 - Writing Off Luxury Items 17:16 - Car Wrap Tax Deductions 23:11 - Infinite Banking Explained 24:58 - Private Family Foundation Benefits 27:38 - Kamala Harris Tax Proposal 30:12 - IRS Bank Account Access 30:57 - James O'Keefe New Film 31:46 - Finding Karlton APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Karlton Dennis https://www.instagram.com/karltondennis/ https://www.instagram.com/taxalchemyadvisors LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit podcastchoices.com/adchoices