# COSTLY TAX MISTAKES | Episode 3 with Meny Hoffman & Simeon Friedman

Page: https://stenobird.com/podcast/let-s-talk-business-1176654/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman
Text version: https://stenobird.com/podcast/let-s-talk-business-1176654/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman.md
Podcast: [Let's Talk Business](https://stenobird.com/podcast/let-s-talk-business-1176654)
Published: 2026-05-18T12:25:00+00:00
Episode link: https://sites.libsyn.com/397022/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman
Audio file: https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/letstalkbusinesspod/ep3.m4a?dest-id=3264716
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/let-s-talk-business-1176654/episodes/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman
Duration seconds: 3051

## Resource

Most business owners don’t realize they made a costly tax mistake… until it’s way too late to fix it. In Episode 3 of the finance series, Meny Hoffman sits down again with Simeon Friedman of Saul N. Friedman & Co. to break down one of the most misunderstood parts of running a business: taxes. Not loopholes. Not gimmicks. Real tax planning. They talk about the difference between reacting to taxes versus planning ahead, why so many business owners wait until April to think about taxes, and the expensive mistakes that happen when you don’t fully understand your business structure, cash flow, and investments. They also get into LLCs vs S-Corps, passive losses, real estate write-offs, tax projections, and why “saving taxes” can sometimes lead to terrible business decisions. You’ll learn: 👉 The difference between tax filing and tax planning 👉 Why January is already too late for many tax strategies 👉 LLC vs S-Corp explained simply 👉 Why profitable businesses still get crushed by tax bills 👉 The truth about passive losses and real estate deductions 👉 How poor bookkeeping creates tax problems 👉 Why tax decisions should never drive your entire business strategy If you’ve ever been surprised by a tax bill, confused by business entities, or made financial decisions just to “save on taxes,” this episode is for you. This is episode three of the finance series. – 🎁 Special offer Start a free Pipedrive trial and receive a complimentary 45-minute CRM setup consultation at: https://flow.digital/ltb - 🎥 Watch & Connect 📲 More episodes: https://ptexgroup.com/podcast-main 🎯 Book a Clarity Session: https://calendly.com/ptex/strategy-meeting 📲 Follow @ltbhub on Instagram and LinkedIn – 🔗 Episode Links 👤 Learn more about Saul N. Friedman & Co. https://snfco.com 📩 For Promotions & Inquiries (L…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/let-s-talk-business-1176654/episodes/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/let-s-talk-business-1176654/costly-tax-mistakes-episode-3-with-meny-hoffman-simeon-friedman.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.