138. "Tax Strategies with Chase Insogna"

Dawn talks with Chase Insogna, founder of Insogna CPA, a highly successful Austin, Texas-based CPA accounting firm. What makes Chase and Insogna CPA different from other accounting firms and investment advisors is that he works with business owners to build their wealth while they’re building their businesses. Dawn and Chase talk about tax strategies and some things to consider.

In this episode…

Who is Chase Insogna and whom does he serve? (00:59).
Do you think we're missing out by only talking to our accountants once a year? (2:01)

Why do we need to strategize for taxes? (4:42)

How do tax strategies impact your cash flow and decisions about loans in today's economy? (7:42)

Optimize financial decisions and minimize expenses by monitoring business trends monthly, such as adjusting payroll to match changing circumstances. (11:04)

In an inflationary environment, it's crucial to focus on gross and net margins by managing costs, adjusting prices, and optimizing expenses.(13:45)

Is relying on selling your business as a retirement plan realistic, given that 85% of businesses don't sell as expected? (15:54)

Having regular, strategic planning sessions with your accountant to adapt to changing business dynamics can save you a lot of money. (21:39)

Chase Insogna’s Information.

Website:https://insognacpa.com/

Linkedin:https://www.linkedin.com/in/chase-insogna-cpa-cgma-4182539/

Twitter/X:https://x.com/InsognaCPA

YT: https://www.youtube.com/@insognacpa7527

IG:https://www.instagram.com/insognacpa/

FB: https://www.facebook.com/InsognaCPAs

Yelp: https://www.yelp.com/biz/insogna-cpa-austin-6