Have You Started Planning For Your Biz Taxes Yet?

“Planning can help you avoid being blindsided by a large tax bill and can also help you take advantage of opportunities to lower the taxes that are owed.”—  Melissa HoustonTax season. Did those words just send a chill down your spine? Did you get a sinking feeling in the pit of your stomach? Tax season is rarely pleasant for anyone, but business owners in particular often live in fear of being surprised by a large and unexpected tax bill… especially when they don’t have the savings to cover it (yikes!).In fact, the tax season surprise is one of the most common complaints that I hear from the entrepreneurs and business owners who reach out to work with me.If you’re currently dreading tax season, this episode is for you — I share my top tips for avoiding massive tax bills, bust the most common tax myths currently floating around, and pull back the curtain on some of the worst tax advice you may have heard!In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌What you can do to stay on the government’s good side — and reduce your chances of triggering an audit! How to ensure that you’re taking advantage of all of the deductions that you are entitled to How to plan ahead and prepare yourself (and your business) for tax season   Highlights:‌ ‌00:50  Intro01:56  Bad tax advice07:03  Understanding tax obligations09:35  Keep good records10:38  Know your filing requirements11:18  Claim your deductions11:42  Stay up-to-date on the tax code12:49  Plan ahead16:34  Be mindful & proactive18:09  Conclusion ‌Links:‌ ‌5-Step Roadmaphttps://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap Link to calendar (free 30 min consult call)Main website 🡪 https://shemeansprofit.comOffers 🡪 https://shemeansprofit.com/offersCash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-pageWhat’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9Follow me on:IG @melissahoustoncpa    LinkedIn @melissahoustoncpa