Smart Tax Moves for Franchise Owners

The Franchise Insiders "Inside Scoop" Podcast

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Every dollar you save in taxes is another dollar you can reinvest in your franchise. But are you leaving money on the table? In this eye-opening conversation, CPA Michael Reeder reveals the tax strategies that have helped franchisees nationwide maximize their profits and build sustainable wealth.
Michael brings 14+ years of specialized franchise accounting experience to the table, explaining how the right approach to entity structure, vehicle acquisitions, and compensation can dramatically reduce your tax burden. His "three bucket methodology" cuts through the confusion of LLCs, S-Corps, and C-Corps to help you make decisions based on your unique financial situation rather than one-size-fits-all advice.
The discussion breaks down practical strategies that could save you thousands, including how to properly handle vehicle purchases (hint: "purchase and heavily finance" rather than lease), the potential restoration of 100% bonus depreciation, and how S-Corp owners can save approximately $17,000 in self-employment taxes on $200,000 of business income through strategic salary allocation.
What makes this conversation particularly valuable is Michael's ability to translate complex tax concepts into actionable insights. He addresses common misconceptions about franchise fees (which must be amortized over 15 years) and explains how to capture tax benefits even when selling your business before the amortization period ends.
Whether you're considering franchise ownership or already running your business, this episode provides the financial clarity needed to make informed decisions that align with both your short-term cash flow needs and long-term wealth building goals. Connect with Michael at readercpagroup.com to learn how specialized tax planning can transform your franchise's financial picture.

The Franchise Insiders

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Chapters

1. Meeting Financial Powerhouse Michael Reeder (00:00:00)

2. Vehicle Write-Offs for Business Owners (00:04:58)

3. Depreciation Strategies and Tax Reforms (00:09:16)

4. Michael's Background in Franchise Accounting (00:16:23)

5. Entity Structure Strategy for Franchisees (00:22:46)

6. S-Corp Advantages and Salary Distribution (00:28:58)

7. LinkedIn Growth Strategies for Entrepreneurs (00:32:37)