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" ... I've spoken with so many businessowners who had record years in 2020. Being locked at home has caused some of us to spend a lot more time working. One particular new client earned more than a million dollars in revenue and had no idea what he could do to lower his tax liabilities. We were playing catch up for 2020, but luckily, we were able to slash his tax liability in half by fully funding a SEP IRA for him and his husband (Lowering their taxable income by $144,000 with this one move alone). At the same time, we dug through his spending to find as many deductions as he was entitled to use. ... "