The philosophy of tax deductions
Sure, that big business expense may land you a tax deduction, but that doesn't make it a good idea.
On this episode, Steve describes how the tax code is a tool to achieve policy goals by incentivizing certain behaviors. This might mean you should have kids or buy a truck, but don't do it just for the tax benefits.
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Steve Nay:
On this episode, Steve describes how the tax code is a tool to achieve policy goals by incentivizing certain behaviors. This might mean you should have kids or buy a truck, but don't do it just for the tax benefits.
- (00:00) - The Dad-a-Base
- (02:16) - Should you buy that truck for your business?
- (06:33) - Taxes as a tool for policy goals
- (09:34) - The philosophy of tax deductions
- (18:08) - Tax planning season
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Steve Nay:
Tyler Smith: