Make these smart tax moves before December 31

by | Dec 6, 2021 | Business Registration & Taxes

What should you know to save money in taxes as you approach the year end?

I know, I know…taxes. Not one of our fave subjects…. You’d rather have a sharp stick in the eye (as my mother always used to say!), right? 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.

I don’t know anyone who doesn’t want to save money…

Make some smart tax moves before December 31st!

Legal Love™ Tip: The way you wrap up 2021 can have a BIG impact on your taxes.

 

 

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 previously-aired 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 (I love these!)
  • 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 episode (it’s just 21 minutes!) to also get quick deets on:

  • how to record your business expenses & income
  • when to hire an accountant
  • what to spend money on before year-end
  • when to set up a retirement account

And oh! Know that 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. Sounds like a good feeling to wrap up the year, yes?

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