The 5 Levels of Tax Write-Offs (You’re Probably Missing Levels 4 & 5)

Teaching Millionaires

You're probably missing Levels 4 & 5 of tax write-offs - and that's where the biggest savings are hiding. Most business owners only use 40% of available deductions because they stop at Level 2. In this video, I reveal all 5 levels of tax strategy that could save you tens of thousands annually.

The tax code wasn't designed to punish entrepreneurs - it was built to reward business owners who know how to play the game. From basic office deductions to advanced entity structures and R&D credits, each level unlocks strategies that W2 employees simply can't access. Whether you're just starting out or scaling to six figures, mastering these levels is the difference between paying too much in taxes and keeping more of what you earn to reinvest in your business or build generational wealth.

📊 Free Resources:

Download my Tax Write-Offs Strategy Guide covering all 5 levels: https://pages.teachingmillionaires.com/5-levels

⏱️ CHAPTERS:

0:00 - Why Most Business Owners Miss 60% of Write-Offs

1:02 - Level 1 & 2: Basic Deductions and Travel

4:08 - Level 3: Home Office & Family Hiring

5:07 - Level 4: Entity Strategy Game Changer

6:35 - Level 5: Advanced Pro Strategies

7:33 - Income Breakdown & Tax Code Philosophy

9:02 - Personal Success Story & Results

10:01 - Free Resources & Next Steps

#TaxWriteOffs #BusinessDeductions #AdvancedTaxStrategy

⚡️ Connect with Rich:

▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe

📱 Follow on Instagram: https://teachingmillionaires.com/instagram

✖️ X: https://teachingmillionaires.com/twitter

📘 Facebook: https://teachingmillionaires.com/fbgroup

🌐 Website: https://teachingmillionaires.com

🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast

🎧 Spotify - https://teachingmillionaires.com/spotify-podcast

👥 About Rich Smith:

Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.

📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.