Fire nation is your converting expenses you're already paying into justifiable business expenses, because it's helping your businesss improving its business. So the key here is to convert expenses that you're alreadypaying into ness expenses by arguing a business purpose for those. That's literally tip in strategy numero uno, number one. And let's move on to number two, sure, and that's maximies your deductions.
Shannon Weinstein is a CPA, coach and mentor for growth-minded small business owners. Her company, Fitnancial Solutions, offers fractional CFO and tax strategy services delivered from the heart of a teacher.
Top 3 Value Bombs:
1. Hire a pro who’ll teach you how to implement and execute this strategies. Have somebody to coach you through. Find someone to co-author the story of your money with you during the year, and not just publish the manuscript that you write.
2. Make sure that the tax professional is a good match for you. You have to invest in engaging with that person and making sure you’re part of the conversation and decision-making. No one will care for your business more than you do as an entrepreneur.
3. Tax strategy is about playing to win the game and build wealth.
Listen to Shannon’s Podcast - Keep What You Earn on Google Podcast
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