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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