Businessman Podcast Ep #12 פרק יב | Taxes, Accounting & The Changing Economy

emotional guilt. Guilt is a ongoing topic. An accountant is an outsider professional. risk. It's good to have you back. ongoing topic as kind mention happy financial situation. Either way, in the interesting um observations is economy which is officially recession officially then the kickst the matas out do companies are laying off people. So in the market in the in the market in the in in 2025 indications as the economy is doing is doing strong and economy economy might be different. But either way, it looks like as the economy is of a certain roller coaster, which means that things are going fast and moving fast behind the scenes. And and what do you make out of it? So technology and says it's just a fact of life. Okay, fine. So my my business is taking off but indicated and was mentioned and just next for Okay. And I get inot like what Definitely boat for a short period of time. businesswise is fa inless. Yeah. Correct. Just plan to diversify. business type was construction. So mention of under types and businesses health types and economies medical construction. Okay. Business owners naturally in the next phase. They was diversified was helped them invest in the simple accountant is an outsider emotionally attached. So they kick of the of the numbers facts. So down advice is is professional advice is emotional directions. The next development. So got a meeting So do they they find balance this is the ideision Amazon's a tens of millions of dollars in the mention Financially, reserves outside was a choked properly in serious trouble. This is painful. for life in the field of So that's Amazon. million deals based off future revenue equities on the business and million spend. as kicking off mention customers. So runs a business and Daily just the transactions. just the process outsider accounts. >> The rule generally in business is the business but short-term Shiny business and suddenly naturally. So for the next sales. By the way, generally activity constantly companies pipeline. Correct. Discussion which is because is an accountant may uh financial advisor technically the tax particular Detailoriented by visionact the numbers the percentages upgraded. So taxes and accounting services and at which point do the professionals do the vendor transaction taxend strategic partner. Part anything financials. But partner was the field as partner in business. The best account for accountants. relationship. So in the customers What's is the numbers customers detail from the business specialty shade in construction? in the details, but they give us construction. insurance. insurance brokers. And somebody called insurance brokers and somebody put in,000 in insurance based off fancy. Million business sales is pushly off is networking networking with potential customers. working with professionals accountants military veteran driving a helicopter in the military a marine business >> discipline well logistics systemiz in the military especially unit. So mention was Ken with logistics business um but high level >> operations >> operations. So this is business. But They can spend on the next strategic partnered business in Kenya But taxion but value% it's% tax the strategic partner infra He market entrepreneurial and aggressive businesses and anybody in operation. And before you know it, millions of dollars. Basic knowledge in mistakes. financially strategic partners any decision perspective the business in itffect Ed that the business was an account. No problem. decision financials and marketing because sales and marketing the entrepreneur field has choked Solution business loan financial experience partner financial General consultant to operations mention of down level. Any man was successful in Amazon diversify property something. mistake in the deal was outside. It's just it's just the basic from business. Well, Hyperv sales and usually the only business is the best sales button. ES values opinion. Accountant Fore business. Fore lines from business receivables. Was down payables. Is receable. Maybe payables. is done. The books about numbers. Next business. Okay. Especially processes and systems of the systemized automated That was reduced overhead. The pressure as I mentioned I meased stop focused in in quarter. So the idea is outside mch differently and focused of specific goals business in 2025 discussing President Trump budget big beautiful is the bottom line for business owners hunt any major changes was businesses 100% bonus depreciation permanent um bonus appreciation basically depreciation. So investment asset based off the tax code is changed for some business% equipment. Cars. >> Cars. Houses. Extra minute. fight anyways invest in business essentially whatever tax bracket is investments It's really simple investment benefit tax. It just doesn't make any sense. Anyway, anyway, the best investment break at least residential hose depreciation 27 and a half years segregation came and sit down and give us under the parts. So, depreciation tax bill, strategies based off the tax bond strategy. Do any general differences in in the tax numbers, capital gains? Um is 2026 mentioned business conference. The environment turnover employees happy babysitting but Trump expand And it has a business can be uh 50% credit of the business is 50 business% credit for babysitting. Yes, this is really simple on legal babysitting and the business contract babysitter in house contract with a legal babysitting service. and say rules account,000 $50,000 25% % tax,000 $50,000 tax credit tax credit,000 is a tax credit. So essentially so happy essentially has the babysitting. I wish agreement follow. Yeah. Fore business owner is kite in the business in financials in clite in voodstein and pushet. Basic the nature blind spots. Yeah. And financials is a topic. for because decisions. I become emotal emotional business. The boat of logic and of data. The actual data and the report include shipping. Shipping. That's the business. This is Fore unique to anyone. So numbers meaning the next mention. There's no busy next to me developers millions and millions of dollars in suddenly reports the numbers The next investment investment department was dealing agreement of the deal invested percentage. So whatever in the end filter ambassador foreign. But these Somehow in a vet account, asset managers numbers was I special. So simple bookkeeper account bookkeeping as much as simple as it is, it's sometimes not simple. So then customers credit whatever the transaction is but can be very complicated. So I know I get a support system, I get a bookkeeper, I get a I get accountant, get advisors, kind of mission personal in business that hurts a lot of people. says, "Oh, this person." Okay. Real estate deal. next deal differently. So decisions in business of numbers the numbers is and in simple business. Okay. Just in case the business separate entities of director business entity The business is technically the business value. The business ision. Fine. file. Oh, from the business. Okay. Yeah. Just a fact. mention weight just adds up. So is agilla. >> Yeah. So the numbers is just 160 50 million CFO get the confidence. in the decisions decisions was hish the cash flows and choked and choked was a canon So the collections department million because Zelist receive. The is a legit outside level. Correct. Mostly busy mid final taxes wasn't the the biggest focus. The financial advisory mainly says strategic partner can help the business says business numbers can get advice constantly research. resources. Okay. resources players and coaches advisers. Well, Um as I get the example there sports the coaching concept sports as an outside observer. entrepreneurs. Support system access. Okay. business owners. Business owners. No man. No man.