Save This If You Just Filed and Want to Pay Less Next Year 🚨

Why It Matters

Proactive post‑filing review uncovers missed deductions, enabling businesses to lower next year’s tax bill and improve cash flow.

Key Takeaways

• Review adjusted gross income and total tax lines immediately after filing.
• Verify all business expenses and deductions appear on Schedule C/1120S/1065.
• Assess whether planned tax strategies were actually implemented during the year.
• Audit each strategy: S‑corp salary, retirement contributions, home office, Augusta rule.
• Follow part two for steps four through six to optimize savings.

Summary

The video targets business owners who have just filed their personal and business tax returns and want to reduce their 2026 tax liability. It outlines a three‑step framework: first, pull the return and examine key figures such as adjusted gross income on line 11 and total tax on line 24, then compare those numbers with the profit and expense details on Schedule C, Form 1120S, or Form 1065.

Second, evaluate whether the tax‑saving strategies you planned at the start of the year were actually put into practice. Many owners set ambitious goals in January but fail to execute them by December, leaving potential deductions on the table.

Third, conduct a detailed audit of each tactic—S‑corp salary adequacy, maxing out retirement contributions, proper home‑office allocation, the Augusta rule, and hiring family members—to confirm they were applied correctly and to their fullest extent. The host promises a follow‑up episode covering steps four through six for deeper optimization.

By systematically reviewing, validating, and auditing their tax approach now, owners can identify missed opportunities, adjust their 2026 planning, and ultimately keep more cash in the business.

Original Description

You filed your taxes. Here's what to do next 👀

Here's where to start 👇

💸 Step 1: Review your return. Look at line 11 (adjusted gross income) and line 24 (total tax) on your 1040. Then pull your business return and check your profit line. Are all your expenses showing up?

💸 Step 2: Did it work? Did you pay what you expected? Did you actually implement the strategies you planned to at the start of the year?

💸 Step 3: Audit your strategies. Did your S-Corp salary make sense?

Did you max out retirement? Did you properly record your home office,

Augusta Rule, and hiring your kids?

Most strategies don't fail because they're bad 👇

✔️ They fail because they were poorly implemented

✔️ Or never fully utilized

✔️ Now is the time to find out which

Save this and stay tuned for part 2 🔖