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Craig Cody

57 Podcast Episodes

Latest 1 May 2021 | Updated Daily

Weekly hand curated podcast episodes for learning

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Episode 260: Understanding Business Tax Deductions, with Craig Cody CPA

The Smart Real Estate Coach Podcast|Real Estate Investing

Craig Cody is a Certified Public Accountant, Certified Tax Coach, Business Owner and Former New York City Police Officer with 17 years experience on the Force. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain certified. With this organization he has co-authored an Amazon best seller, Secrets of a Tax Free Life. Craig has just written his 3rd book: The 12 Biggest Tax Mistakes That Cost Dentists Thousands. He is also the host of The Progressive Agency Podcast and the Progressive Dentist Podcast which helps Agency owners and Dentists make and keep more of the money they make. What you’ll learn about in this episode: How Craig and his team help people such as solopreneurs, wholesalers and other real estate investors understand business tax deductions and save on their taxes Why taking the time to think about and plan for your taxes is the key to finding ways to save huge money, and why too few entrepreneurs think about taxes year-round Why talking to a CPA and asking what you can do differently to save on taxes is crucial for any business owner Why doing your own taxes to avoid paying an expert usually ends up with you paying far, far more in taxes than you have to and leaving money on the table Why too many people dismiss the powerful home office deduction because they’re worried it will flag them for audit What other big deductions and tax savings real estate investors and business owners often don’t know about, such as a home gym or pool Why hiring a qualified bookkeeper can save you time, money and stress and free you to focus on growing your business, and what other common mistakes business owners make Why setting up a dream team of legal, financial and tax representation is powerful, and how to get a free copy of Craig’s book and other free resources Why regular communication with your CPA is absolutely vital for understanding business tax deductions available to you, and why you shouldn’t wait until the end of the year How and why Craig made the dramatic career pivot from being a part of the NYPD to studying taxes and becoming a tax professional Resources: Website: www.CraigCodyandCompany.com/smart Email: craig@ccodycpa.com Telephone: (516) 869-4051 LinkedIn: https://www.linkedin.com/in/craigcodycpa Twitter: @CraigC2742 Additional resources: Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments. If looking to secure some lines of credit for your business, check out Fund and Grow – Visit our Resource page at https://www.smartrealestatecoach.com/resources Schedule a FREE Strategy Call: SmartRealEstateCoach.com/action Check out Chris’s upcoming Business Scaling Secrets virtual event: www.BizScaling.com Register for our free masterclass: www.SmartRealEstateCoach.com/mastersclass Real Estate on Your Terms by Chris Prefontaine SmartRealEstateCoachPodcast.com/webinar SmartRealEstateCoachPodcast.com/ebook SmartRealEstateCoach.com/QLS Smart Real Estate Coach Podcast Sponsor: Paul G. Dion CPA, CTC

23mins

14 Apr 2021

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Ep #60 - Tax Planning for Agencies with Craig Cody

The Climb

Ep #60 - Tax Planning for Agencies with Craig Cody - It's another episode of The Climb with Jon and David, in this show were speaking with Craig Cody of Craig Cody & Company - CPA, Tax Consultant & Tax Planning. Tax season is coming up and we discuss strategies and deductions to save you as much as possible from Uncle Sam!

52mins

3 Feb 2021

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10 Most Expensive Tax Mistakes with Craig Cody

The Landlord Real Estate Investing Show | Buy, Rehab, Rent, Refinance, Repeat

In this episode, our hosts invite professional CPA and Tax Coach Craig Cody from "Craig Cody and Company". The most important thing to avoid expensive tax mistakes is Failing to Plan.   Tax Planning is a year-round activity not just something that is done on April 15th each year.  Craig gave away a free copy of his book in this episode to all The Landlord Real Estate  Show Listeners. Thanks for your time listening. We have a free landlord course for you http://www.freelandlordcourse.com Be a Discount Property Investor Mike's Secret Weapon https://bit.ly/FWCToolKit Please leave us a Review: https://ratethispodcast.com/realestateshow Your reviews help us rank higher and reach more people. Thank you for Listening! Michael Slane --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

30mins

29 Jan 2021

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PPP Loan Updates, with Craig Cody

The Progressive Dentist

Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school. What You Will Learn: What is included in the new relief bill passed by Congress and the President What has changed with the PPP in the new bill The documentation and qualifications needed to receive a second-draw PPP loan Key talking points to address with your CPA so you can get the most out of the new bill Possible future developments in PPP funding that you should prepare for Additional Resources: FREE COVID Loan Grant Calculator Download Website: www.theprogressivedentist.com Twitter: @CraigC2742 LinkedIn: https://www.linkedin.com/in/craigcodycpa

12mins

27 Jan 2021

Most Popular

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S3, Episode 9- Craig Cody- 3 Awesome Tax Deductions I Didn't Know

The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

Have you been wondering- how the heck can I pay less in taxes? If you have been grappling with this question or if you are simply curious about taxes, you are going to love our next guest. Our next guest’s expertise lies in the area of tax planning. His goal is to make sure doctors like you across the United States are paying the least amount of income tax they can legally pay. He is a Certified Tax Coach, CPA, Business Owner and Former New York City Police Officer with 17 years experience on the Force As a Certified Tax Coach, he belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain, certified. With this organization, he has co-authored an Amazon best seller book, Secrets of a Tax-Free Life. As a matter of fact, I ran across him because he was recommended by a listener of the podcast. I know we’re going to learn a ton today. Please help me welcome Craig Cody. In this podcast, you will... Learn what the difference is between a tax planner and tax preparer Discover what to expect with proactive tax planning How hiring your spouse can avoid 1099 & W-2 income (Hint: This is NOT a HSA & is not available to some companies) Learn what qualifies for this incredible tax deduction and what is 'reasonable' How Craig hired his kids to get a tax deduction for their tuition & what you shouldn't do (but you can still avoid FICA taxes) Discover a very creative tax deduction that involves a pool (Yes, the one you swim in!) Learn where to draw a red line on a 'hobby' business Discover why electing late may be a good idea. Find out how. How gifting & leasing can be an amazing tax deduction Resources Mentioned In This Podcast: Craig's Profile On LinkedIn

28mins

23 Jan 2021

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Goal-setting for the New Year, with Craig Cody

The Progressive Dentist

Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school. What You Will Learn: How to set goals that will drive us to build momentum and get back on track in 2021 Different personal and professional goals you should consider My goal-setting process for the new year Why you should consider hiring a coach or mentor to help with the goal-setting process How to create an actionable plan that will enable you to achieve your goals Additional Resources: FREE COVID Loan Grant Calculator Download Website: www.theprogressivedentist.com Twitter: @CraigC2742 LinkedIn: https://www.linkedin.com/in/craigcodycpa

6mins

6 Jan 2021

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How Functional Medicine Providers Can Keep More of What They Make, with Craig Cody

The FM Shift

Functional Medicine Providers: What You Will Learn: Why it is critical to take a proactive approach to tax planning in functional medicine How functional medicine providers can keep more of what they make Craig’s approach to tax strategy in the FM niche What to look for in a tax planning strategist Common tax mistakes that functional medicine providers make and how to avoid them How Craig helps his clients reduce their tax liability by legal, moral, and ethical means How the suspension of the payroll tax affects our taxes Craig’s top tax planning strategies for 2020 Tax Strategy for Functional Medicine Providers Craig Cody is the founder and owner of Craig Cody & Company and host of The Progressive Dentist podcast. His tax planning and CPA firm helps all kinds of healthcare professionals and small business owners keep more of what they make. From functional medicine providers to dental practitioners, Craig helps his clients take a proactive approach to tax planning strategy so they can reduce their tax bill by legal, moral, and ethical means. In this episode of The FM Shift, Craig joins us to provide a better understanding of what we can do to prepare for tax season. Tax Planning Makes All the Difference When Dr. Heather Stone and I became both functional medicine providers AND entrepreneurs, our attitudes toward taxes were much different than they are today. When we were coming up and learning how to scale our functional medicine practice, taxes were not a priority because they had such a small impact on our business. However, as we started to experience more growth later down the road, the significant amount of revenue we were able to pull in led to significant tax bills. This is a difficult road to navigate and I wouldn’t recommend going at it on your own. Reaching out to your CPA to see what you can tweak to lower your tax liability will literally save you thousands of dollars each year. That is more money in your pocket to invest in your business and generate more growth. Start a Conversation With Your CPA As functional medicine providers, we will come across a lot of CPAs who chalk up their responsibility to putting the right numbers in the right boxes and making sure the filing deadline is met. We should be looking for a CPA that takes a strategic lens to our books and makes changes that will help us keep more of what we make. Some of the talking points we can bring up are whether or not we have maxed out our 401k. And if our spouse is associated with the business, we need to look at theirs as well. We need to have conversations about our entity structure, PPP loans, home-office deductions, life insurance plans, and a number of other areas that could save you tons of money next tax season. About Craig Cody Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school. How to Connect with Craig Cody: Website: www.theprogressivedentist.com Twitter: @CraigC2742 LinkedIn: https://www.linkedin.com/in/craigcodycpa Course: https://craig-s-school-e90e.thinkific.com/courses/5-tax-strategies

40mins

25 Nov 2020

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Updates to the Payroll Protection Program, with Craig Cody and Stephen Woessner

The Progressive Dentist

Stephen Woessner is the founder and CEO of Predictive ROI, a digital marketing agency, and the host of Onward Nation — a top-rated daily podcast for learning how today’s top business owners think, act, and achieve. Onward Nation is listened to in 120 countries around the world with over 28,000+ email subscribers. Since the advent of the commercial Internet, Stephen has collected tens of thousands of data points that have given him the ability to identify what he calls the “8 Money Draining Mistakes” and the “8 Money Making Opportunities.” Darren Hardy, then-publisher of SUCCESS Magazine, interviewed Stephen to discuss how business owners can identify and fix the mistakes. Stephen served in the United States Air Force, spent six years at the University of Wisconsin-La Crosse as a full-time academic staff member and taught digital marketing classes to small business owners throughout the state including the prestigious School of Business at UW-Madison, has owned five businesses, and is the author of three books, “The Small Business Owner’s Handbook to Search Engine Optimization”, “Increase Online Sales Through Viral Social Networking”, and “Profitable Podcasting.” His digital marketing insights have been featured in Forbes.com, Entrepreneur.com, The Washington Post, and Inc. Magazine. Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school. What You Will Learn: How the Paycheck Protection Program (PPP) loan has changed recently, and what you need to know about the program What further changes Craig anticipates the government making to the PPP loan and forgiveness requirements How the government has created new options for partnership business that could result in those businesses getting still more money How to reach out to Craig if you have any other questions or need clarification on these new changes Why additional money for business partners may not have any cap, starting at around $40,000 for the first partner and going up Why Craig sees the Economic Injury Disaster Loan (EIDL) as “cheap insurance” to help protect against whatever may happen in the near future What changes Craig believes might happen to the EIDL, and why it is taking a while for small businesses to get approved for EIDL How the use of the EIDL funds can potentially increase your business tax liability due to the use of EIDL funds cutting into your tax deductions How many of Craig’s clients are operating under business-as-usual with relatively minor changes, with the exception of restaurants which are still struggling How to access Craig’s free course “The Five Simple Ways to Save Thousands on Taxes and How Business Owners Can Start Today” How to contact Stephen Woessner: Sell With Authority Book: //amzn.to/39y7x13 Website: //predictiveroi.com/ LinkedIn: www.linkedin.com/in/stephenwoessner/ //www.linkedin.com/company/predictive-roi/ Facebook: //www.facebook.com/PredictiveROI/ Twitter: @stephenwoessner How to contact Craig Cody: Website: www.theprogressivedentist.com Twitter: @CraigC2742 LinkedIn: //www.linkedin.com/in/craigcodycpa

36mins

1 Jul 2020

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Episode 948: PPP, EIDL, and understanding your options, with Craig Cody

Onward Nation

Craig Cody is a Certified Tax Coach and the owner of the New York City based accounting firm, Craig Cody & Company. Craig belongs to a select group of tax practitioners who’ve undergone extensive training and continued education on various tax planning techniques and strategies. Craig is passionate about helping business owners understand the difference between tax planning — and tax paying — by helping them save significant money. Craig is also the co-author of the Amazon bestseller, “Secrets of a Tax Free Life.” What you will learn from this episode: How the Paycheck Protection Program (PPP) loan has changed recently, and what you need to know about the program What further changes Craig anticipates the government making to the PPP loan and forgiveness requirements How the government has created new options for partnership business that could result in those businesses getting still more money How to reach out to Craig if you have any other questions or need clarification on these new changes Why additional money for business partners may not have any cap, starting at around $40,000 for the first partner and going up Why Craig sees the Economic Injury Disaster Loan (EIDL) as “cheap insurance” to help protect against whatever may happen in the near future What changes Craig believes might happen to the EIDL, and why it is taking a while for small businesses to get approved for EIDL How the use of the EIDL funds can potentially increase your business tax liability due to the use of EIDL funds cutting into your tax deductions How many of Craig’s clients are operating under business-as-usual with relatively minor changes, with the exception of restaurants which are still struggling How to access Craig’s free course “The Five Simple Ways to Save Thousands on Taxes and How Business Owners Can Start Today” Resources: Free Course: www.craigcodyandcompany.com/course Email: craig@ccodycpa.com Website: www.theprogressivedentist.com LinkedIn: www.linkedin.com/in/craigcodycpa

40mins

24 Jun 2020

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More Clarity Around the Payroll Protection Program, with Craig Cody and Drew McLellan

The Progressive Dentist

About Drew McLellan: Drew McLellan has worked in advertising for 30+ years and started his own agency, McLellan Marketing Group in 1995 after a five-year stint at Y&R. He also owns and runs Agency Management Institute (AMI), which offers agency management training, consulting and facilitates agency owner peer networks for small to mid-sized agencies (advertising, digital, marketing, media and PR). The mission of AMI is lofty yet simple — help agency owners increase their AGI, attract better clients and employees, mitigate the risks of being self-employed in such volatile business and best of all — let the agency owner actually enjoy the perks of owning the joint. Drew is still active in his agency as well, which has been around for 23+ years and is still cooking, so much to his parents’ relief, it seems to be working out. Drew’s often interviewed/quoted and published in Forbes, Entrepreneur Magazine, AdAge, New York Times, Washington Post, AdAge, CNN, BusinessWeek, and many others. The Wall Street Journal calls him “one of 10 bloggers every entrepreneur should read.” Drew is also the host of Build A Better Agency podcast, which is among the top 5% of all podcasts produced and features subject matter experts with a depth of expertise in the agency space. When he’s not hanging out with agency owners and their staff, Drew spends time with his daughter and pondering why the Dodgers can’t seem to win the World Series. Drew has a Master’s Degree from the University of Minnesota but alas, he cannot remember their fight song. About Craig Cody: Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school. What You Will Learn: The PPP relief loan, what we can use it for, and what we can’t What we know so far about PPP eligibility for deduction What has changed as a result of the new forgiveness application Where the forgiveness application gives us the clarity that we didn’t have clarity before What we can make of the IRS/Congress tussle over the PPP guidelines Strategies we can use to mitigate our tax liability until the HEROES Act is passed How the alternative payroll covered period benefits agency owners How agencies can use PPP funds on expenses other than payroll How we can reimburse agency employees for working from home expenses How to avoid mistakes with your application How to contact Drew McLellan: Email: drew@agencymanagementinstitute.com LinkedIn: www.linkedin.com/in/drewmclellan Website: //agencymanagementinstitute.com/ COVID Resources: COVID Resource Page How to contact Craig Cody: Free Book Giveaway: //craigcodyandcompany.com/AMIcovid/ Website: www.theprogressivedentist.com Twitter: @CraigC2742 LinkedIn: //www.linkedin.com/in/craigcodycpa

30mins

10 Jun 2020

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