Planning. Some of us love it, some of us hate it. One thing’s for certain, planning for your taxes equals more money in your pocket and less money owed. Year after year after year. Why? 1. You can learn what will be accepted as a tax deduction BEFORE you buy it....
Hi my fierce business owners! So what do you need to know about quarterly estimated tax payments? Let me break it down for you. Quarterly estimated tax payments are payments made to the IRS 4 times a year: Quarter 1: April 15th Quarter 2: July 15th Quarter 3:...
The big question… should I pay myself? If yes, then when? How much? First, let’s celebrate the fact that you are asking these questions… that means your business is making money or you have worked hard and need some compensation! Both are a big deal. Remember to be...
If you haven’t started saving for retirement then you are missing out on free money. Yes, I said FREE MONEY. That’s because the SEP IRA is a tax break for your business AND your contributions grow while you sleep. Dreams do come true! What is a SEP IRA? The SEP IRA is...
Hiring might be your ticket to increasing your bottom line. Taking steps to hire an assistant or contract out work will free up your valuable time AND provide a tax break for your business. So how do you know if it’s the right time to hire? Ask yourself these...
Have you taken intentional steps towards ramping up your self-care? I can attest that self-care will boost your bottom line, your confidence, and productivity. Since you are running your own business- a win for you is a win for your business! Want to know one of the...
