The Fit Biz Accelerator
"It is easier to save a buck than it is to make a buck." That's how Ryan Otto opens this conversation — and it's the line most fitness coaches need tattooed on their forehead. One of Ryan's clients saved $120,000 in taxes last year. Not by making more. By structuring smarter. Most coaches obsess over leads, sales, and revenue. Then tax season hits and they hand half of it back — because nobody taught them how to keep what they earn. Ryan Otto is the founder of Accent Financial Services and the creator of "tax smithing" — a proactive approach to tax planning that helps business owners legally minimize taxes, improve cashflow, and build long-term wealth. He's spent 26 years in accounting and runs seven businesses of his own, so he thinks like an entrepreneur — not like the guy who shows up once a year to tell you what you owe. In this episode of the FitBiz Accelerator Podcast, Tobias Young and Ryan break down exactly how fitness coaches can stop bleeding money to the IRS and start building real wealth — even at $10k, $20k, or $30k months. They get into: * The S-Corp threshold every coach hitting $50k+ in net income needs to know * How one piece of paperwork can save you $15,000+ per year in self-employment taxes * The Solo 401k strategy that unlocks up to $70,000 in deductible contributions * The 3 things every coach should do before the end of this month If you're scaling your coaching business and still treating taxes like a once-a-year problem, this episode will change how you run your finances. Connect with Ryan Otto:📸 https://www.instagram.com/accentfinance/ [https://www.instagram.com/accentfinance/]📘 https://www.facebook.com/accentfinance [https://www.facebook.com/accentfinance]🔗 https://www.linkedin.com/in/afsryan/ [https://www.linkedin.com/in/afsryan/]▶️ https://www.youtube.com/@accentfinance [https://www.youtube.com/@accentfinance] Follow Ryan for more tax strategy and wealth building breakdowns built for entrepreneurs. #FitnessBusiness #OnlineCoach #TaxStrategy #PersonalTrainer #FitnessPodcast
56 episodios
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