#86 - How Online Business Owners Can Lower Their Tax Bill w/ Rebecca Driscoll, CPA

#86 - How Online Business Owners Can Lower Their Tax Bill w/ Rebecca Driscoll, CPA

Author: Justin Green, CFP® May 31, 2023 Duration: 42:20

In this episode, I sit down with Rebecca Driscoll, CPA.

She's the founder of Conscious Accounting, and helps business owners with bookkeeping & taxes to help grow their businesses!


We dive into:

- Tax Prep vs. Planning

- Why bookkeeping is so important

- Separating your business & personal finances

- Should you use Quickbooks?

- Common deductions that online business owners tend to miss

- What does the IRS allow business owners to "write off"?

- Can I really write off the cost of my car?

- Can you really pay your children and avoid taxes?

- Biggest tax strategy commonly missed


Tune in to hear us discuss these topics and more!

Connect with Rebecca Driscoll

Conscious Accounting

Do S Corps Provide Savings Blog


Connect with Justin Green

DM me on Instagram!

Assist FP Website


Justin Green, a CERTIFIED FINANCIAL PLANNER™, noticed a gap between the physical wellness online coaches promote and the financial health of their own businesses. That’s the space where Dollars and Dumbbells-Profit and Wealth Tips for Online Health and Fitness Coaches lives. This isn't just generic business advice; it's a focused conversation for creators in the health and fitness space who are ready to move from passion project to sustainable wealth. Justin, drawing from his work at Assist Financial Planning, digs into the specific money decisions coaches face. You’ll hear practical discussions on managing irregular cash flow, structuring your business finances efficiently, and making sense of investing so your profits work for the long term. The podcast unpacks often-overlooked areas like tax strategy, appropriate insurance, and even estate planning, because building a legacy is part of the goal. Through interviews and solo episodes, the content is designed to translate complex financial concepts into actionable steps. Tune in for a straightforward resource that addresses the unique intersection of personal training and personal finance, helping you build a resilient business that supports the life you want.
Author: Language: English Episodes: 100

Dollars and Dumbbells - Profit and Wealth Tips for Online Health and Fitness Coaches
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