The Agency Growth Podcast
Episode #
222
The Tax Strategies Most Agency Owners Never Consider (ft. Emily Bowie w/ Thorne Advisors)
Show Notes:
We sat down with Emily Bowie from Thorne Advisors to talk about the boring, unsexy side of tax strategy and fixing broken agency pricing.
Most agency owners lump tax prep in with basic bookkeeping and ignore real strategy until Uncle Sam takes a massive chunk of their profit. Emily breaks down why tax strategy starts making sense around the $100k net mark, how S-Corp elections factor into the mix, and how to handle reasonable compensation to stay off the IRS audit list. It comes down to understanding your actual cash flow instead of guessing your way through payroll.
We also talk about the operational leaks that make agencies look profitable on paper while the bank account tells a completely different story. From miscalculating labor rates to ignoring true overhead, scope creep silently eats away at your capacity to take on better work. Emily breaks down how one agency lost $120,000 just by failing to factor true delivery costs into their proposals.
If you want to stop bleeding cash on bad proposals and keep more of what you earn, listen to the episode and share your thoughts in the comments.
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MENTIONS IN THE EPISODE:
Follow Emily:
Instagram: https://www.instagram.com/emilyvbowie/
Thorne Advisors:
Instagram: https://www.instagram.com/thorneadvisors/
5 Cash Leaks and 5 Missed Tax Deductions:
https://www.thorneadvisors.com/cashleaks
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RESOURCES:
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https://www.agencygrowthpod.com/tools
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TL;DL (Too Long, Didn't Listen)
Here's a summary of the episode:
