The Chris Voss Show - The Chris Voss Show Podcast – Tax Strategies and Planning Tips for Small Business Success as Tax Season Approaches

Episode Date: January 13, 2026

Tax Strategies and Planning Tips for Small Business Success as Tax Season Approaches Books4hospitality.com Solutionsbychs.com About the Guest(s): Douglas Carpenter is a seasoned financial expe...rt with over 40 years of experience in accounting and financial consulting. He holds credentials as a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA). Starting his career as the youngest registered stockbroker in America at age 17, Douglas has built an illustrious career across various high-level CFO and consulting positions. He currently owns and operates Comprehensive Accounting Solutions, specializing in tax-saving strategies and accounting services for small businesses, with a particular focus on the hospitality sector. Episode Summary: In this insightful episode of The Chris Voss Show, host Chris Voss welcomes Douglas Carpenter, a distinguished CPA and CFA, to discuss strategies for effective tax planning as we move into 2026. The conversation kicks off by highlighting the unique challenges of accounting in the hospitality sector and how Comprehensive Accounting Solutions provides tailored services to mitigate these complexities. Chris and Douglas dive into the importance of preparing for tax season early, discussing strategic planning that can save individuals and businesses considerable amounts in taxes. Douglas shares his extensive expertise on tax strategies, focusing on key elements like proper entity structuring and the nuances of different business setups, such as S-Corps and C-Corps. Douglas stresses the importance of regular evaluation of financial strategies and planning for cash flow and budgeting in small and medium-sized businesses. The episode offers valuable insights into how businesses can effectively manage and plan their taxes, preventing last-minute rushes and the often-fatal “head in the sand” approach to budgeting and cash management. This episode is a must-listen for business owners eager to optimize their tax planning for the upcoming year. Key Takeaways: Proper entity structuring and regular financial reevaluation are critical to maximizing tax savings. The difference between tax preparation and tax planning can greatly affect a business’s financial health. Early organization and strategic planning can prevent rushed decisions and missed opportunities in tax deductions. Understanding new tax laws, such as the Secure Act, can offer additional avenues for financial optimization. Comprehensive tax solutions involve integrating tax planning with broader financial strategies for sustained success. Notable Quotes: “The important thing to remember, if you owe the tax, pay the tax, but don’t overpay the tax.” “Tax planning is very different from just getting your tax return done.” “Proper entity structure is a key area where business owners can save significantly on their taxes.” “Regularly reevaluating your financial strategy is crucial for making the most of your business’s tax situation.” “A well-prepared and organized approach to taxes is essential to avoid last-minute frustrations and missed deductions.”

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Starting point is 00:00:01 You wanted the best... You've got the best podcast. The hottest podcast in the world. In the world. The Chris Voss Show, the preeminent podcast with guests so smart you may experience serious brain bleed. The CEOs, authors, thought leaders, visionaries, and motivators. Get ready. Get ready. Strap yourself in.
Starting point is 00:00:24 Keep your hands, arms, and legs inside the vehicle at all times. Because you're about to go on a monster education role. rollercoaster with your brain. Now, here's your host, Chris Voss. I'm Oskirtskaw here from The Chris Voss Show. Come on. What you're doing there, and least six of the next official. Welcome to the good show.
Starting point is 00:00:45 As always, the Chris Vosch shows of family that loved you. And we just encourage you to learn more, grow more, be more, do more. It's the beginning of January 2026, where you're talking about, how to start planning for, you know, your taxes. January 26. You know, you've got the April coming up there, a big tax date there, and you always want to make sure you take care of that. So we're going to be talking to a wonderful guest who's returning to the show. But in the meantime, I need you to go to goodreads.com, Forteous, Chris Foss.
Starting point is 00:01:15 LinkedIn.com, Fortess Chris Foss. Chris Foss, one of the Tick-Tac-T-T-T-T-T-T-Paces on the Internet. Opinions expressed by guests on the podcast are solely their own and do not necessarily reflect the opinions of the host or the Chris Foss show. Some guests of the show may by advertising on the podcast, but it's not an endorsement review of any kind. Today, we have an amazing young man on the show. We're going to be talking to him about his insights and how you can better prepare for tax season, as it were. And he is Douglas Carpenter. He's a CFA, CPA, and he's a certified public accountant, charter financial analyst. He brings to companies over 40 years of business experience. He began his career at the age of 17,
Starting point is 00:01:54 becoming the youngest registered stockbroker in America. He majored in accounting, worked for five at a top four accounting firm and moved on the various consulting and chief financial officer positions. He is owned and operated comprehensive accounting solution for seven years. The firm provides a full range of accounting services to companies in all industries with a specialty in the challenging hospitality sector. The firm has a high-end specialty in providing tax savings strategies to small businesses. Welcome to show, Douglas. How are you? Thank you very much. It was a wonderful introduction. Looking forward to sharing with the audience what they should be doing right about now in January
Starting point is 00:02:35 to prepare for the entire year for their taxes, get everything nicely organized. So by the end of the year, you've taken advantage of some of the things you need to, and you're well planned in. Well, I think people's hangover from the first on New Year's Eve is finally wearing off. So it's probably time to focus on that, huh? Yes. Well, you know, it's not too late to start. It never is.
Starting point is 00:02:55 But January is a good month. You're a couple of weeks into the year. you probably haven't lost much in terms of planning, and now's the time to start. So give us your dot-com's lead off so people can find you on the in-webs. Sure. On the dot-com is obviously WWW. It's Solutions, that's with an S Solutions by BYCHS.com. Charlie Henry Samuel, Solutions by CHS.com.
Starting point is 00:03:19 Our specialty is in hospitality of what we serve all kinds and businesses. We do a lot of construction businesses, dental offices, moving companies, all kinds. but hospitality is a unique sector. We need a little extra attention on some things and we provide. Why is hospitality maybe your specialty or what's special about it in the tax sort of demand? Is there your other special write-offs and paperwork they're going to do? So to answer the question, the hospitality industry can be unique in that there's more challenges to it. They have a lot more invoices.
Starting point is 00:03:52 I've been CFO of a $100 million manufacturing company. we didn't have as many invoices as some of these restaurants get. There's a lot of things that are happening in terms of the revenue streams. They have delivery platforms. You have DoorDash, Uber Eats, Grubhub. They have managers that are using credit cards and other things that are very, you know, very labor-intensive. A lot of different details I have to get called in.
Starting point is 00:04:18 Of course, there's a tax side to this as well. They are subject to buy the temp credit, which is credit they can receive it. when they get a, when they file their taxes on FICA that's being paid on TIPS, you have to make sure that tipped wages are up to minimal wage. So there's a lot of things that make a hospitality business you need. And you guys really focused on it and stuff. Now, do you only work with corporations? I know I mentioned the thing that you help companies with tax strategies.
Starting point is 00:04:48 Do you work with individual tax returns? We do. Most of our individuals are connected to the companies that we work with, But we do have, I'll call them walk-ins. They're not really physically walking into our office, but they come in either by an email or recommendation, and we'll certainly handle the regular average consumer, but it's not our phone.
Starting point is 00:05:10 Okay. All right. So is there a certain size of company that you do business with? Generally, it's on a smaller side. It's 50 million and under. Jen, the Sweet Spot, as we say, is probably from $1 million to about $15 million. that company tends to be growing.
Starting point is 00:05:26 A lot of our businesses have multiple locations. Real estate businesses would have multiple properties, restaurants, hotels. We do a bunch of hotels. They have multiple locations, three, four locations. So really, it's a combination both in terms of revenue and in terms of complexity. I think we have the best value to the ones that have multi-locations.
Starting point is 00:05:48 We'll show their financials side by side, compare the locations, see which ones are doing very. and where they can improve. Ah, so if you're in multi-location, there might be some tax savings or tax strategies that you need to do to do that sort of thing. And so is there a cap of the size of the company you work with? Because I mentioned the bio. You work with small and medium companies, I think. The largest company we're dealing with now has 350 million in sales.
Starting point is 00:06:16 So I don't think there's that many companies among that. We could probably handle something bigger, but our target's much lower. $150 million a year. Is that all? No, I'm just kidding. That's pretty darn good, actually. Now, tell us a little bit about yourself. They always want to know about you a little bit. How did you grow up? What got you into counting? I mean, starting at 17, I took the stockbroker test. I had some new startup school, and they really, they're really botched teaching us. So, geez, and I flunked it twice at 21. So how did you pass that at 17? And, you know, all those. all those other things to get into the business.
Starting point is 00:06:55 What drew you to it? Yeah, I had an interest in stocks from a very early age. It started reading the Wall Street Journal, actually, in fourth grade. Yeah, you know what? I didn't want to tell my parents this, but my mother used to give me, the Wall Street Journal was 25 cents back then. It's probably probably dollars today or whatever. It's like 25 cents.
Starting point is 00:07:18 And I used to tend my ice cream money and I'd stop and get the Wall Street Journal with it. I thought my mother would cut me off if she didn't, you know, she knew I was spending it on that. And, uh, and then, you're educating yourself. I mean, geez. Well, you know, one day it went up to 30 cents and I started one of them. I said, whole ice cream is now 30 cents. I used to read that and I got very into it.
Starting point is 00:07:40 I read, reading all the books and getting more and more into it. And, um, you know, by 17, I was giving advice to people all the time, what to buy, what to look at. And I, I could make money doing it. So you were, you already handing out advice as a young boy child? I had some pretty, you know, honestly had some pretty good tips, but there was nothing really, I think, you know, amazing to it. I picked good companies, picked companies you know and hear over the blue chips. But there was usually a driving reason I would go recommend something. And that's, you know, at the time, that was one of the things I used to do.
Starting point is 00:08:20 That is wild, man. That's getting started early, but that's the good thing to do. Find what you, find your purpose, find what, you know, you love? What is it you love about and then maybe what drew you initially to, because I don't know if you still love it. I mean, I used to love owning businesses until I owned a couple that I didn't like, but, but I got into it and I'm like, uh, sure, I love this. What was it that drew you to it? And then, and then, yeah, whatever question I asked before.
Starting point is 00:08:51 Yeah, well, you know, I became a broker. I was being a broker at 17. I absolutely hated. I absolutely hated the light style. I hated that, you know, there was more of a churn and burn kind of attitude. Wow. Couldn't do. That's not me.
Starting point is 00:09:07 And I wanted to give good advice to people, not just advice that made me a living. One of the things about a broker is if you give good advice to people, you often won't make enough money to stolen the business. So then it was not for me. and I was in college at the time. I was in my first year of college, and I had a decision to make is either finance or accounting. No way I looked at it was,
Starting point is 00:09:30 an accountant can go into finance, but a finance person really can't go into account it. So there's a lot of training in accounting, and there's a lot of things to understand in the details. It's generally, you're not going to go backwards, but an accountant has a general understanding of finance and can kind of go forward into it. I did both.
Starting point is 00:09:49 I went into, I did the accounting, got the CPA, then they did the finance side and got the CFA. What I like is the combination of the two. So the accounting tells you where the numbers are coming from and how they're derived and all the detail. And the finance side tells you what to do with those numbers. What's driving them and how to drive your business. So it's a good combination.
Starting point is 00:10:10 Ah, really interesting, you know, what we, what's out there? So what are some of your favorite strategies or, you know, I don't want you to give away the secret sauce or anything like that, but what are, What are some of your strategies that you find maybe owners are ignoring or missing, you know, that they're, you know, leaving a lot of money going back to the IRS? Yeah, I think the biggest one and one of the first ones I look at is proper entity structure. To know they have the right entity. If you're going to make an S-Corps election, by the way, have to do it by March 15th.
Starting point is 00:10:45 So that's something to be aware of. You need to look at. S-corps are a very good vehicle. they're not always the right answer. I also recommend you can talk to a formation attorney as well. They're well qualified to guide you as well, but I can give you some advice on that too. That's one, you know, that's one area that I think we start at with a lot of business owners will not, you know, potentially need to look at.
Starting point is 00:11:09 But they haven't looked at it. And then it's also the combination. They may have three or four businesses, many of them do. And it might make sense. Have one of them a C-Corp, one in S-Corp, LLP, whatever. whatever that combination is, because each one offers its own tax advantages, and if you have legitimate businesses, especially if they do different things. There's a lot of things that you can do tax-wise to make that advantage.
Starting point is 00:11:34 And let's talk a little bit about the competitive market of the tax business. I mean, I think we had one of the guys who created two of the biggest companies on taxes on the show a while ago, I forget his name. I'll see if I can pull it up. But what separates you from some of the big box names? There's these names that people kind of go to, and I don't know if there's any real benefit to them over you. Tell us what separates the two of you guys.
Starting point is 00:12:04 Well, first, I would say, you know, one thing that's kind of interesting is I see the fees they charge, and, you know, there's a big surprise here when people come in, and the surprises from me, I'm surprised at what they're getting charged for, you know, to have these done. We have a standard price list. That's what we go by. And not we paid last year, but this is what we charge. That's number one, but also with a big box, you're not, you've got to be careful who you're getting. You know, you always get someone with 30 years experience. You get someone that's had five minutes of training. I exactly. Oh, wow. On, you know, a little training course or, or they're an enrolled agent and not, you know,
Starting point is 00:12:40 that's, you know, you got to be careful who's, who's looking at you booked. But in any case, almost always you are getting your tax return done and not tax planning. The two are very, very good. Ah, so expand to that, if you will, the difference between tax planning and in the other. Tax planning, if we're engaged for tax planning, you are specifically not going to get a tax return at the end of our engagement. I mean, we can do that as part of it if we want to, but from tax planning specifically, we're going to go through everything that you do, everything your business is doing, whatever else, and look at all the different ways that taxes can be saved as we go through all the elements from your payroll to the money you have, your personal side. Even if your business is
Starting point is 00:13:24 losing money, there's probably some ways we can save in taxes. You're paying taxes whether it's obvious or not. FICA tax on your employees is something that's kind of hidden. You know you're paying it. It's there, but you don't think, hey, my business is losing money. I don't pay any taxes. That's not true. There's a lot of taxes. There's a lot of taxes. You're going to pay you. You are paying. You just don't really realize it. And there's also advantages on the personal side. If you take that loss and use it correctly, as if it flows through to you,
Starting point is 00:13:52 you may be able to utilize what tax losses, doing Roth conversions at the time and things like that that could potentially save you as well. So that's, you know, that's a much more holistic approach than just getting your tax strike on 90% probably higher, much higher percent of the population, simply gets a tax return done, and that's fine you have to do it, but there's a lot more to it. The difference with you is, I mean, you have, let's see, if I remember correctly, 40 years of experience. I mean, what I want you doing my taxes or some guys chewing gum who just came out of college, and he's like, I know what a 1040 is. Yes. You know, in addition to the 40 years, I would say probably there isn't a day that goes by that I'm not reading some. about the tax laws.
Starting point is 00:14:42 I actually enjoy it. I'll be walking up from my mailbox with a letter and handed tax news letter, and I'm opening it and I'm walking up the driveway to start reading it because it's just, I find it fascinating. And you know what? To be brutally honest, there's always something to learn. There's always more. You're done with the federal.
Starting point is 00:15:00 There's 50 states out there with their own tax buds too. You can learn something about those as well. What's that online? The two constants in life are death and taxes. Yes. And sometimes you can avoid the latter. You'll never, you'll never avoid the former. Yeah.
Starting point is 00:15:16 I've been trying to figure out a way around that one, but evidentially, I don't. With the right estate tax planning, you might be able to at least minimize the tax part. If I can, if I move to Canada, can I live forever? No, I'm just kidding. What else have what we, should people know about their planning coming up here? I mean, they've got four months, I think, and, well, three and a half on the maybe. Well, we're halfway, so probably three months. So what do they need to start doing now? Sure. Well, you know what? I mean, there's also something to consider as a past-to-anity tax,
Starting point is 00:15:53 which I won't get into too much detail as to what it is, but it allows you to write off your state, the state tax contribution on your federal return within some limits and some boundaries. But for some states, you can elect it up to the point that you're actually paying the tax. So you go through the entire year, you don't even think about it. and then you make the election when you file your state return. For others like New York State, you have until March 15th to make the election. You have to do it. And then you have to make quarterly payments.
Starting point is 00:16:21 So that's something to be aware of. Something that's changed recently to regards pensions. If you wanted to set up, say, a SEP account, a SIP IRA, the old rule used to be it had to be done by December 31st. But under the Secure Act that they passed, you can actually do it up to the point of your tax extension. So if you say and said, oh, you know what, I didn't set up a pension plan for myself last year. I guess it's too late. It isn't. You can do it up to your extension.
Starting point is 00:16:50 And if you don't have the money at the time of April 15, go on extension. Of course, pay your taxes if you're due. Go on extension. That gives you another six months to come up with the money to make that contract. Get her done, folks. You got to pay those taxes. Any other tips you want to take and do? Well, the other thing is organization.
Starting point is 00:17:09 One of the things, and I even recommend this for people on a personal level, is to keep those expenses organized. And there's so many apps out there that you can do it these days. You can have it on your phone. And I won't even get into which ones there are, but there's tons of me. You could Google on there. There's lots. You can take a picture on your receipt, everything.
Starting point is 00:17:27 Why do you need that as, you know, on a person? Let's say you make a donation to something. Put a little thing in there. Let's say you do say, you know, something else that may have a tax consequence. Put it in. Of course, if you're on a business. It's very much so. You want to have all these things reported.
Starting point is 00:17:42 But then at the end of the year, you've got all of these things that, you know, are nicely organized and they'll remind you of what you're able to take. Another thing is if you drive and use your car for business, make sure you have a mileage at. That's one that you get in your car. And it's going to ask you, probably ask you at the end of your trip, was this business or personally? It's slide one way or the other business personal. And it helps you to not just know what you did,
Starting point is 00:18:08 but to document it. The IRS comes to you. They're going to want to see documentation. Those are purped. Yeah, it's wild. You got to make sure you get all those deductions, the write-offs. There's so many important things that you need to be able to take advantage of because, you know, if they offer them to you, you know, take them, right? The important thing there are in me, if you owe the tax, pay the tax, but don't overpay it. Ah, don't overpay. I mean, do your, we do what you owe, but, you know, I mean, there's so much stuff in the code of the IRS. What's going on with the code at the IRS? Have there been more, is there anything new that's come out in the IRS code? Is there anything? There's always something
Starting point is 00:18:51 new. The last I checked, I could be wrong, but I think the tax code is 29,000 pages. And that's, again, that's just at federal estate as well. There are some things that, you know, that came out in the last bill. The one big beautiful bill has changed things. It's actually a bit of a miracle. The IRS has updated all of its tax forms for this year. They should be ready by the third week of January. You can't even file your taxes yet. Not too many people want to at this stage, but you have to wait until the IRS is ready for it.
Starting point is 00:19:20 But they're doing forms updated, which is quite a theme. Is it hard to, you know, I know they laid off a bunch of people, the IRS or furloughed them. I don't know what the legal situation is and contesting different orders of the president. What's it like dealing with the IRS these days? I mean, is it, Is it harder to get answers?
Starting point is 00:19:38 I mean, it's probably all the more reason why people should use you is because I think if you call the IRS, you might end up on hold for a while. I don't know. Oh, you do. We, you know, as accounting professionals, we have different numbers that we can call. They're still a long wait and sometimes they don't answer, but it's better than the ones to the general public. But we mean, probably will probably be able to answer your question without having to make that call.
Starting point is 00:20:01 Yeah. The big thing I'll tell you, I mean, the IRS gets a bad rap. I really haven't had a bad experience with the IRS. You're not to get you. You know, they're out to make sure that people are paying right amount of tax. Kind of like that state trooper you see on the side of the road waiting for the speeder to come through. And okay, you're going 60 and at 55. He doesn't come after you.
Starting point is 00:20:24 That's the tax. What he's doing is he's protecting you from the drunk drivers. He's protecting you from the people that are going 90 miles an hour on the road. So it's nice to see them. when you're seeing the IRS is kind of the same way. You know what? If they were here, the tax code would run up, the government wouldn't get paid. That's what they're here to do.
Starting point is 00:20:44 In terms of their customer service and answering questions, they do the best they can. They have been cut quite a bit. I'm surprised they're able to handle what they do. I mean, they have over 100 million tax returns coming. Think of that. Volume with 100,000 handling. It's incredible. That's a lot of work.
Starting point is 00:21:06 That's a lot of work. And then all that good stuff. Is there any favorite new tax codes that maybe you like? Or is it pretty, it's kind of dependent probably on the, on the industry and the setup of their LSD or C-Corps? You know, one of the things I want to come in that I think there's been some confusion with the pastur entity tax. And this, now what was more from a 10,000. salt deduction to a $40,000. You don't want somebody to say, hey, I can get $40,000 instead of the 10, I don't need to do the past
Starting point is 00:21:44 to entity tax anymore. Hold on. That's for people within certain income levels. If you're married filing jointly or single, there's certain income levels runs up about $400,000. And so after that, you start losing that deduction and it goes back down to $10,000. It's number one. And number two, you're plenty of advantageous anyway because you have property taxes and other things that can be added to that, which may bring you over the $40,000 limit anyway. Still want to do the pasturant tax.
Starting point is 00:22:15 It won't hurt you. It'll probably help. And then, you know, do you help people, like, say I want to start a business and I want to start a company. You know, I'm trying to figure out what format to use, sole proprietorship, LLC partnership, C-C-C-Corp, S-Corp. Is that something you consult on with people? We do that all the time, and we actually work with attorneys that we help them, and we confer with them to help them make that decision. So we don't do the actual formation itself, but absolutely we make recommendations all the time.
Starting point is 00:22:49 And what we like to do actually is lay out, particularly the tax consequences of that. So you're not just making a decision that I told you to make. I want you to understand why I'm telling. So what else do we need to know about this? tax season that maybe I haven't asked you're the tax professional I'm not don't don't wait to the end you know what going to doing don't drive me crazy and pull me three days before you practice do you know it's called call me mid-earl in february we'll get your taxes done right away no problem you know that's the biggest problem and
Starting point is 00:23:20 you know when you rush you miss that's good advice that's the problem when you're trying to push things out and get them done three weeks later you're going to think of that deduction you should have taken or something or some certain. Well, you know he's amend, but who wants to do that? Well, plus, we need to give you time to look over our tax documents and then, you know, figure out tax strategies and maybe say, hey, you know, if you did this, that, or the other, you can qualify for this, you know, some smart stuff there. Absolutely.
Starting point is 00:23:53 Yeah. You know, and it's interesting starting in February. So I can't call you at 11 p.m. on April 14th, asking for help. you know what? You're exaggerating slightly, but we've had that happen. We haven't happened more often than you've changed. Yeah. You know, usually it begins with, I know you can't get this done by the deadline, but.
Starting point is 00:24:16 And, you know, and yeah, we'll address that. I have, I am a couple of very good tax managers that I, they're working until 11 o'clock at night on these tax deadline dates. For this very reason, people come in a week before, complex for terms. We often do get them done. Sometimes you don't. We'll do extensions or whatever we have to do. But at the very least, if you come in late, I can say, make this payment and then we'll get your tax. Ah, so you at least get the payment in there.
Starting point is 00:24:45 The, yeah, I mean, it takes a lot of time to process these things, you know, look for things on savings and everything else. What are you, what are some of the biggest mistakes or some of the top mistakes you see? that companies are making in error. Like, what, is there anything that you're, it's like your favorite pet peeve? Like, why are you guys doing this? Maybe, I don't know. Well, I'm going to go. The one thing I'll say is a lot of, a lot of companies don't reevaluate often enough.
Starting point is 00:25:16 Yeah. Yeah, every maybe third year, you really should take a hard look for structure and what you're doing and how your business operates. And it's part of, you know, part of a tax plan, but it even goes beyond that. One of the things I think that's a, it doesn't have to do. do with tax, but it's one of my favorite talks with budgeting. And a lot of companies operate without a budget. And I mean, most of our small businesses don't do a budget. And I think that's a really? Yes. Right. They're just, but see their. Absolutely. They look in the bank and see what they
Starting point is 00:25:52 have and that's, you know, that's how they're doing. But it's boring, according to benchmark that and it's not even so much the numbers. The way you do the budgets, what are important. is you're sitting and you're planning, you're planning your business, and you come up with you're going to do what you did last year, nothing changes. That's, that's, and things do change. But if you want to radically grow or do something different, then you should plan it out, have a plan and make sure you're executing that plan. And your budget's going to be that guy.
Starting point is 00:26:21 Yeah. You know, if you can, any money you can save, you use this to where you can hire more employees and then technically you'll pay more taxes, but, you know, that'll, that'll drive you to where you're making more money too as well. It's also an extremely important. You know, to that end and taking a little bit further is cash flow. And that's where I think a lot of businesses, you know, if they're really tight on cash, they tend to like to hand the sand kind of thing.
Starting point is 00:26:47 It'll work somehow. But you really need a good budget to run your cash, at least a forecast, to run that cash flow. And I see this all the time. One of the top questions I get is kind of a shortcut to that is how do we get through February or, you know, what money do I need to put aside in December so I can make it through this year? Great question and we love to answer. So anything more that we need to talk about on the show before we go out?
Starting point is 00:27:13 I think we've discussed a lot of very important things. I mean, I think, you know, planning is very important and that's, you know, really where it's all about. He's taking the time doing this, dog rush things at the last minute and, you know, and keep your business well organized. Well, I have to organize my business now, too. What do you want for me? No, the receipt should not be in a box. Yeah, I've seen, oh, which box?
Starting point is 00:27:37 And how many boxes are? We've seen that. People have walked in with a big box to turn it. I'm saying, here, all these receipts come out. That's their expenses to me. I had somebody send me 700 Google pictures of receipts. I said, no, no. They Google pictures?
Starting point is 00:27:56 Like, you had a downloader along? You had a Google drive. and all their tax information was these receipts. They had no financials or bank statements. It was just photographs of receipts, over 700 photographs. Holy crap. And yeah, I just said, no, no, you're going to put that in a spreadsheet. I'm not opening 700, fuck.
Starting point is 00:28:19 Ah. That's different than sending you, like, yeah, a spreadsheet or something. But it's the prevalent of the shoebox. Keep your stuff organized. You know, always be ready for an audit because three years from now, you're going to be way more disorganized than you are today. So keep it all in a nice, nice, neat package, put it somewhere. Electronically as well, a great way to do it.
Starting point is 00:28:44 And this way, when it comes, very easy. You just, you have all your stuff right there. All right, well, very wild and very good stuff. So give people a final pitch out. How can they reach out to you? How can they find out more? How can they consult with you? I don't know if you offer any free consulting or phone calls, etc.
Starting point is 00:29:04 Sure. Our phone number. Here it comes. Get ready. Get the pen. Get ready to write it down. It is 718-412-2570. Our website is Solutions by CHS.com within Solutions with an S-B-B-Y-C-H-S.com.
Starting point is 00:29:21 We're happy to have your inquiry. It's DeCarpenter at Solutions by CHS.com. I throw on my email. and again, our phone number 718, 412-2570. Thank you. Douglas, thank you for coming to show. We really appreciate it. Thank you.
Starting point is 00:29:37 Thanks, sir, Arnitz, for tuning in. We certainly appreciate you guys as well, as always. Go to goodrease.com, Fortresschast, Christchristch, Christfoss, LinkedIn.com, Fortress, Christfoss, 1 on the TikTok, and the yellow's crazy place to end. Be good to each other. Stay safe. We'll see you next.
Starting point is 00:29:52 You'll be listening to them with amazing, intelligent one. To improve your brain. in your life, or doing too much of the Chris Lanchel podcast that lead to people taking you're smarter, the younger,
Starting point is 00:30:03 pure is just both and human regularly moderate amounts. She's the doctor for resulting brain weight. Yes. All right, Douglas, so this will be up later today.

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