5 money-saving year-end tax tips
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!
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!