Love, your Money - Wealth, Money, and Financial Advisor for Women
Business:Investing
Welcome to episode 225 of Love, your Money! This episode is a continuation of the opportunities that exist to save you, the business owner, money and headaches with proper tax planning and preparation. Or, in the words of today’s guest, “No April Surprises.”
Tim Thompson is a CPA and Certified Profit First Professional. He enjoyed a 15-year career in manufacturing and operations with Fortune 100 companies and also owned a small family business. Now, he helps his clients understand their goals and creates comprehensive plans that reveal and diffuse income tax landmines before they suddenly appear.
Today, we’ll discuss the biggest challenges that business owners face with income taxes and how planning throughout the year and not just before the tax deadline reduces stress about your tax bill. You’ll get great advice on how to become your tax professional’s favorite client and why AI, ChatGPT and social media shouldn’t be your “trusted” tax advisor.
Here’s what you’ll find out in this week’s episode of Love, your Money:
The Money Blueprint® for Business Owners
The Money Blueprint® is profit coaching that puts you in control of your business finances for good. No more Head-in-the-Sand Syndrome. No more fear, stress, or shame. Simply total confidence. Learn more here!
Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/tim-thompson
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Are you missing out on profits in your business? Take my free profit potential assessment at www.MoneyBlueprintProgram.com/profits
Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.
234: Tax-Loss Harvesting & Backdoor Roths with Hilary Hendershott
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229: Financial Implications of Divorce
228: Renting vs Buying a Home: Navigating the Housing Market in 2024
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226: Automating Your Savings to Secure Your Best Financial Life with Anne Lester
224: Tax Planning Opportunities for Business Owners
223: Live Money Coaching: Setting Yourself Up for a Better Retirement
222: Rethinking Wealth & Leveraging Podcasting to Build Your Business with Stefanie Gass
221: Step Into Your Abundance with Cathy Heller
220: Live Money Coaching: How to Raise Your Rates with Confidence
219: Scaling a Business, Raising Your Prices & Protecting Your Intellectual Property with Autumn Witt Boyd
218: Live Money Coaching: Money Habits Holding You Back from Financial Success
217: MoneyZen: Finding Your Enoughness with Manisha Thakor
216: Investing Strategies for Women with Hilary Hendershott
215: Angel Investing: Closing the Equity Gap for Women with Terri Hanson Mead
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