5 money-saving year-end tax tips

by | Nov 30, 2020 | Business-Building Resources

What do you need to know to save money in taxes as you approach year-end? 

(I know, I know…taxes. Not one of our fave subjects…. Ease the pain by grabbing a mug of dairy-free egg nog or hot chocolate and learn how to love up your biz around taxes.)

You can make some smart tax moves before December 31st! 

Legal Love™ Tip:  

The way you wrap up 2020 financially can have a BIG impact on your taxes in the Spring. 

 

 

Most people aren’t aware that you can do things like making certain purchases which could reduce your taxes for next year. Cha-Ching! 

Have a listen to the Legally Enlightened Podcast Episode 40 on iTunes here or on my website here.

You’ll learn:

5 money-saving year end tax tips
3 tips for organizing your expenses
5 big purchases to make now
1 list of legitimate business expenses (<– this is key!)

… and a partridge in a pear tree! (Just kidding. I couldn’t resist.)

Have a listen to this previously-released episode (it’s just 21 minutes!) and get some quick deets on how to record your business expenses & income, when to hire an accountant, what to spend money on before year-end, and when to set up a retirement account.  

And oh! I align tax prep with the solar plexus chakra because having clarity about money and paying taxes ethically helps you feel confident and empowered as a biz owner.

Here’s to going for a quick dive into tax prep to legally (and financially!) love up your biz!