#142-How To Save At Least $5,000 On Your Taxes Every Year

01/03/2024 27 min Episodio 142
#142-How To Save At Least $5,000 On Your Taxes Every Year

Listen "#142-How To Save At Least $5,000 On Your Taxes Every Year"

Episode Synopsis

Podcast Notes: Getting Ready for Tax Season as a Business OwnerMost of us assume that our mortgage or rent, student loans, or child care costs eat up the majority of our income, but the truth might surprise you. Our biggest expense is Taxes.There are 2 tax systems in the USEmployeeBusiness OwnerIf you don’t own a business now is the time to start oneInstituteOfWholisticHealth.comWhen you own a business there are a TON of deductions you get to takeComputerPhoneClothesTravelFoodInternet ServiceCarWe see most people save at least $5,000 on their taxes every year!You must prove that you are making an ATTEMPT to make moneyThe key is keeping good records of the things you spend money onWe developed a tax course with one of the top accountants in the country at HomeBusinessTaxCourse.comShare storiesTax Filing OptionsFill the paperwork out yourself and mail it inUse an online service like turbotaxHire a good accountant that can do it for youConclusionStart a business if you haven't alreadyWe have an upcoming podcast about the Institute of Wholistic Health InstituteOfWholisticHealth.comTake the tax course HomeBusinessTaxCourse.com