Tax Strategy for Entrepreneurs — How to Legally Minimize Taxes & Build Wealth | Carlotta Thompson

Tax Strategy for Entrepreneurs — How to Legally Minimize Taxes & Build Wealth | Carlotta Thompson

In this 30-minute episode of Healthy Mind, Healthy Life, tax expert Carlotta Thompson (founder & CEO of Tax Strategies of America) breaks down practical, legal tax strategies that help entrepreneurs keep more capital and scale faster. Carlotta—an ex-IRS agent turned advocate—explains overlooked credits vs. deductions, when to upgrade from DIY tax software to a professional, and how tax clarity removes the mental drag that limits business growth. If you run a small business or own rental property, this episode gives actionable steps to reduce tax liability, reclaim focus, and use tax-smart moves to build long-term wealth.

About the guest:

Carlotta Thompson is founder & CEO of Tax Strategies of America and an ex-IRS agent who now helps entrepreneurs and real-estate investors minimize tax legally. She runs trainings and the Pathway to Zero program that teach practical credits, deductions, and structural moves to scale wealth.

Key takeaways:

  • Taxes are a common mental block for entrepreneurs; getting tax problems under control frees energy to grow your business.

  • When net business income (after expenses) reaches ~$40,000, invest in a qualified tax professional — TurboTax generally won’t capture advanced strategies.

  • Distinguish tax credits (government pays you to do things) from deductions (reduce taxable income); many business activities qualify for credits you’re likely missing.

  • Use existing business actions and assets (R&D, accessibility upgrades, equipment repurposed for business) to capture credits — don’t buy unnecessary items just for deductions.

  • Keep organized records (spreadsheet or QuickBooks) of all expenses — include previously purchased personal items now used for business (computers, furniture, tools).

  • Ask your accountant “How can I make this a tax deduction?” to promote creative, compliant planning rather than yes/no gatekeeping.

  • Reclassifying or repositioning legitimate costs on returns (when supported by code/publication) can materially lower taxes without extra spending.

  • Consider real estate and buying additional businesses as long-term tax-advantaged growth strategies; structure matters for wealth preservation.

How listeners can connect with Carlotta Thompson :

Want to be a guest on Healthy Mind, Healthy Life? DM on PM - Send me a message on PodMatch

Disclaimer: This video is for educational and informational purposes only. The views expressed are the personal opinions of the guest and do not reflect the views of the host or Healthy Mind By Avik™️. We do not intend to harm, defame, or discredit any person, organization, brand, product, country, or profession mentioned. All third-party media used remain the property of their respective owners and are used under fair use for informational purposes. By watching, you acknowledge and accept this disclaimer.

Healthy Mind By Avik™️ is a global platform redefining mental health as a necessity, not a luxury. Born during the pandemic, it’s become a sanctuary for healing, growth, and mindful living. Hosted by Avik Chakraborty—storyteller, survivor, wellness advocate—this channel shares powerful podcasts and soul-nurturing conversations on:

• Mental Health & Emotional Well-being• Mindfulness & Spiritual Growth• Holistic Healing & Conscious Living• Trauma Recovery & Self-Empowerment

With over 4,400+ episodes and 168.4K+ global listeners, join us as we unite voices, break stigma, and build a world where every story matters.

👉 Subscribe and be part of this healing journey.

Contact

💼 Brand: Healthy Mind By Avik™📧 Email: join@healthymindbyavik.com | podcast@healthymindbyavik.com🌐 Website: www.healthymindbyavik.com📍 Based in: India & USA

🎙️ Open to collaborations, guest appearances, coaching, and strategic partnerships. Let's connect to create a ripple effect of positivity.

CHECK PODCAST SHOWS & BE A GUEST:

🎧 Listen our 17 Podcast Shows Here: https://www.podbean.com/podcast-network/healthymindbyavik🤝 Be a guest on our other shows: https://www.healthymindbyavik.com/beaguest🤝 Video Testimonial: https://www.healthymindbyavik.com/testimonials🤝 Join Our Guest & Listener Community: https://nas.io/healthymind🤝 Subscribe To Newsletter: https://healthymindbyavik.substack.com/

OUR SERVICES

🤝 Business Podcast Management - https://ourofferings.healthymindbyavik.com/corporatepodcasting/🤝 Individual Podcast Management - https://ourofferings.healthymindbyavik.com/Podcasting/🤝 Share Your Story With World - https://ourofferings.healthymindbyavik.com/shareyourstory

STAY TUNED AND FOLLOW US!

🤝 Medium - https://medium.com/@contentbyavik🤝 YouTube - https://www.youtube.com/@healthymindbyavik🤝 Instagram - https://www.instagram.com/healthyminds.pod/🤝 Facebook - https://www.facebook.com/podcast.healthymind🤝 Linkedin Page - https://www.linkedin.com/company/healthymindbyavik🤝 LinkedIn - https://www.linkedin.com/in/avikchakrabortypodcaster/🤝 Twitter - https://twitter.com/podhealthclub🤝 Pinterest - https://www.pinterest.com/Avikpodhealth/

SHARE YOUR REVIEW

🤝 Share your Google Review - https://www.podpage.com/bizblend/reviews/new/🤝 Share a video Testimonial and it will be displayed on our website -https://famewall.healthymindbyavik.com/

Because every story matters and yours could be the one that lights the way!

#podmatch #healthymind #healthymindbyavik #wellness #HealthyMindByAvik #MentalHealthAwareness#comedypodcast #truecrimepodcast #historypodcast, #startupspodcast #podcasthost #podcasttips, #podcaststudio #podcastseries #podcastformentalhealth #podcastforentrepreneurs, #podcastformoms #femalepodcasters, #podcastcommunity #podcastgoals #bestpodcast, #podcastlovers, #podcastersofinstagram #newpodcastalert #podcast #podcasting #podcastlife #podcasts #spotifypodcast #applepodcasts #podbean #podcastcommunity #podcastgoals #bestpodcast #podcastlovers #podcasthost #podcastseries #podcastforspeakers#StorytellingAsMedicine #PodcastLife #PersonalDevelopment #ConsciousLiving #GrowthMindset #MindfulnessMatters #VoicesOfUnity #InspirationDaily #podcast #podcasting #podcaster #podcastlife #podcastlove #podcastshow #podcastcommunity #newpodcast #podcastaddict #podcasthost #podcastepisode #podcastinglife #podrecommendation #wellnesspodcast #healthpodcast #mentalhealthpodcast #wellbeing #selfcare #mentalhealth #mindfulness #healthandwellness #wellnessjourney #mentalhealthmatters #healthandwellnesspodcast #fyp #foryou #foryoupage #viral #trending #tiktok #tiktokviral #explore #trendingvideo #youtube #motivation #inspiration #positivity #mindset #selflove #success

Avsnitt(999)

Aligning the Energy Within: Exploring Spirituality, Chakras, and the Path to Happiness

Aligning the Energy Within: Exploring Spirituality, Chakras, and the Path to Happiness

Amrit Singh Reinsch, a Kundalini Yoga practitioner and High Momentum Life Coach, shares his 30-year journey in yoga and meditation, starting in India and now in Mexico. He focuses on one-on-one coaching to help clients pursue their passions using meditation, habit development, and spirituality. Singh has coached globally for over 25 years, combining practical techniques with spiritual insights. The podcast explores spirituality, chakras, and their role in well-being, offering practices to balance chakras and align energy. Singh emphasizes the connection between thoughts, emotions, and energy in achieving happiness and fulfillment.

8 Sep 202430min

Embracing Autonomy: Breaking Free from the Norm with Any Stein

Embracing Autonomy: Breaking Free from the Norm with Any Stein

In this episode of “Healthy Mind, Healthy Life,” Amy Stein, a healer and mentor, discusses her journey of healing through plants, energy medicine, and breathwork. She helps highly sensitive women reconnect with their bodies’ intelligence using Mother Nature as a guide. Amy’s personal struggles led her to embrace holistic healing, becoming an herbalist, energy medicine educator, and trauma-informed breathwork facilitator. She empowers others to see their sensitivities as gifts and supports them in their healing journeys. The episode emphasizes the importance of autonomy, self-awareness, and trusting one’s intuition to live authentically and in harmony with oneself.

8 Sep 202436min

From Dance to Love: Andre Paradis on Building Strong Relationships

From Dance to Love: Andre Paradis on Building Strong Relationships

In this episode of “Healthy Life, Healthy Mind,” host Avik interviews Andre Paradis, a relationship coach and former dancer. Andre shares his journey from performing with legends like Michael Jackson to becoming a relationship expert. He discusses the importance of nurturing love, effective communication, and overcoming relationship barriers. Andre offers practical tips for building trust, balancing individuality, and fostering intimacy. The episode provides valuable insights for anyone looking to enhance their relationships and personal growth.

8 Sep 202447min

Community Mental Health: Bridging the Gaps and the Power of Routine with the Plan to Recover Journal

Community Mental Health: Bridging the Gaps and the Power of Routine with the Plan to Recover Journal

Andrea Epting, a seasoned mental health professional, shares her 19-year journey in mental health and addiction recovery. She founded Wize Mind Enterprises and the non-profit Heads Up Guidance Services, making counseling accessible through clinical volunteers. Andrea emphasizes the importance of community-based mental health services, reducing stigma, and establishing healthy routines. Her “Plan to Recover Journal” aids in mental health recovery and self-discovery. Andrea’s holistic approach integrates treatment modalities, neuroscience, and spirituality. Her work, including the Lightning In A Bottle courses and Direct Impact podcast, inspires and educates on mental well-being.

8 Sep 202425min

Empowering Leadership with Angie Colee

Empowering Leadership with Angie Colee

In this episode of “Healthy Mind, Healthy Life,” host Avik interviews Angie Colee, known as “The One-Woman Bomb Squad.” Angie shares her journey of defying norms and empowering leaders in business. She discusses her strategies for building resilience, effective communication, and leading remote teams. Angie also delves into the challenges and rewards of a digital nomad lifestyle, overcoming self-doubt, and turning creative work into viable businesses. Her motto, “Big risks for big rewards,” encapsulates her approach to life and leadership. Tune in for actionable insights and inspiration to lead life on your terms

8 Sep 202423min

From Unawareness to Inner Peace: Creating a Healthy Body through Finding Inner Balance with Ann Hince

From Unawareness to Inner Peace: Creating a Healthy Body through Finding Inner Balance with Ann Hince

In this episode of “Healthy Mind, Healthy Life,” Ann Hince shares her journey of developing inner awareness to release physical tension stored in her connective tissue through the power of her mind. Her transformation includes tangible physical changes, such as the alignment of her eye sockets and the straightening of her neck. Ann emphasizes that this power lies within everyone and can be unlocked through inner practices. Her story, rooted in overcoming past trauma, highlights the profound connection between inner awareness, emotional well-being, and physical health, encouraging listeners to harness their mind’s power for inner peace and overall well-being.

8 Sep 202440min

The Transformative Power of Psychedelics: An Interview with Dr. Anne Metz

The Transformative Power of Psychedelics: An Interview with Dr. Anne Metz

In this episode of “Healthy Mind, Healthy Life,” host Avik welcomes Dr. Anne Metz, a psychotherapist specializing in psychedelics. Dr. Metz discusses her journey from using psychedelics to address her own depression to helping others transition from recreational to intentional use. She highlights the therapeutic benefits of psychedelics in healing trauma and fostering personal growth. Dr. Metz also emphasizes the importance of safety, preparation, and integration in psychedelic therapy. The conversation explores the potential of psychedelics in mainstream mental healthcare and the need for responsible practices and community support.

8 Sep 202440min

Embracing Motherhood Through Yoga: Physical, Mental, and Emotional Wellness with Mariela de Santiago

Embracing Motherhood Through Yoga: Physical, Mental, and Emotional Wellness with Mariela de Santiago

In this insightful episode of Healthy Mind, Healthy Life, Avik Chakraborty sits down with Mariela de Santiago, host of the New Mom Talk podcast and creator of the Carlsbad Mom Crew. With her unique background in special education, fitness, and prenatal yoga, Mariela shares how yoga became a cornerstone of her personal journey into motherhood. Together, they discuss the numerous benefits of prenatal and postpartum yoga, focusing on how it helps expectant and new mothers reduce stress, increase flexibility, and prepare both physically and mentally for labor and delivery. Whether you're an experienced yogi or just starting out, this episode highlights how yoga can support your body and mind through one of life’s most transformative experiences. About the Guest: Mariela de Santiago is a dedicated advocate for maternal health and wellness, leveraging her expertise as a fitness instructor and certified prenatal and postpartum yoga teacher. As the host of the New Mom Talk podcast and the creator of the Carlsbad Mom Crew, she has empowered countless women to embrace motherhood with confidence, fostering a sense of community and self-care through movement and mindfulness. Her approach focuses on reducing stress, improving flexibility, and enhancing emotional well-being during pregnancy and beyond. Key Takeaways: Stress & Anxiety Reduction: Yoga helps expecting mothers manage stress and anxiety by promoting mindfulness, breathing techniques, and relaxation. Physical Benefits: Regular yoga practice increases flexibility, endurance, and strength, helping mothers manage the physical demands of pregnancy and prepare for labor. Mental & Emotional Wellness: Yoga encourages mental clarity and emotional stability by fostering a deep connection between the mind and body, which is essential during the prenatal and postpartum stages. Labor Preparation: Breathing exercises practiced in yoga can aid in labor by promoting calmness, focus, and control during contractions. Tailored Practices: Prenatal and postpartum yoga offers adaptable practices that cater to individual needs, supporting mothers at any stage of their journey. This episode offers a comprehensive guide for anyone looking to incorporate yoga into their prenatal and postpartum routines, ensuring a healthier, more mindful path to motherhood.

7 Sep 202418min

Populärt inom Hälsa

somna-med-henrik
rss-bara-en-till-om-missbruk-medberoende-2
inga-beiga-morsor
alska-oss
angestpodden
johannes-hansen-podcast
rss-viktmedicinpodden
sexnoveller-deluxe
not-fanny-anymore
brottarbroder
rss-sjalsligt-avkladd
sova-med-dan-horning
rss-the-house-podcast-3
handen-pa-hjartat
giggles-med-wiggles
rss-personlighetspodden
tyngre-radio
sa-in-i-sjalen
rss-pa-insidan-med-bjorn-rudman
rss-the-house-podcast-4