""Basically my entire leadership team is AI. It's not a massive company, so I can't afford the salaries for those kinds of people. But I can pay 40 bucks a month for Claude and ChatGPT.""
""Anytime you're a business owner, you're like, 'Can this person be a 1099 contractor, or do they have to be a W-2 employee?' That structure can be more favorable from a tax perspective because employers generally don't owe the same payroll taxes on contractors.""
""One of my favorite questions for ChatGPT is: 'What questions am I not asking that I should be asking?' I'm using it to double-check what I'm paying for, too.""
""So it's just a good way to inspect what you expect. And they'll be like, 'Oh yeah, I didn't catch that,' or, 'Oh, you're right. You can do that.'""
Kyle Ray, founder of Geek Window Cleaning, relies on AI tools like ChatGPT for financial guidance instead of hiring a full C-suite. He uses AI to explore tax strategies, determine employee classifications, and prepare for CPA meetings. Ray values AI's ability to help him ask the right questions and verify his tax preparations against his accountant's work. This approach allows him to identify discrepancies and gain insights that enhance his business operations without incurring high personnel costs.
Read at www.businessinsider.com
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