How to Lower Your Tax Bill Episod...
How to Lower Your Tax Bill Episode 24

How to Lower Your Tax Bill by Terrance Hutchins

Episode notes

From Laid Off to Launched — A Real Talk on Starting Your Business and Managing Taxes.

Thinking about starting your own business? In this episode, host Terrence Hutchins sits down with co-host Tamia Kelly for an honest, behind-the-scenes conversation about her journey from corporate layoff to launching her own insurance agency. If you’ve wondered what really goes into starting a business — and how to handle the tax side — this episode is for you.

Key Highlights:

  • Why Tamia decided to start her insurance agency after being laid off — and how she knew it couldn’t just be a side hustle.
  • The unexpected costs and overlooked expenses every new business owner should plan for.
  • How the IRS treats start-up and operational expenses — and why forecasting matters.
  • The pitfalls of s ... 
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