3 Hidden Taxes That Destroy Small Business Owners

In this video, Toby Mathis breaks down the three hidden taxes that catch small business owners off guard and explains why reinvesting your money does not mean you avoid taxes. Learn how self-employment tax, the deduction illusion, and recapture can create massive tax bills even when you have little or no cash left. Discover why common advice like “just write it off” can backfire and how tax rules actually apply in real-world scenarios. If you’re a business owner or entrepreneur, this is essential tax knowledge you need to understand before making costly mistakes. FREE TAX and ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat 👉 https://aba.link/apwo Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free Strategy Session here 👉 https://aba.link/01db3d Download Your Digital Copy of 3 Steps to An Invisible Investor 👉 https://aba.link/s93o Here is a tool for keeping track of your business miles 👉 https://mileiq.com/ 00:00 3 Hidden Taxes Overview 01:32 Hidden Tax #1 Self-Employment Tax 03:20 Real Cost of SE Tax 100K Example 05:55 Total Tax Breakdown 34K Example 08:10 S-Corp Strategy Explained 10:56 Hidden Tax #2 Deduction Illusion 12:05 Why Spending Does Not Save You Money 14:42 200K Write-Off Example Breakdown 17:40 Hidden Tax #3 Recapture 19:20 How Recapture Works 21:05 Real Estate Depreciation Recapture 26:00 Unrecaptured Section 1250 Gain Explained 28:30 Recap 3 Hidden Taxes 29:50 Final Advice and Free Resources --------------------------------------------------------------------------------------------------------- TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/tobytaxtues FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #smallbusinesstaxes #selfemploymenttax #taxmistakes #taxplanning #hiddentax #businesstaxtips