As we approach the end of 2023, I want to talk about end of year tax planning and some strategies on how to avoid a cash crunch in April when your tax bills are due. I’m giving you some budgeting and accounting tips that can potentially lower your taxable income.
Join me in this episode to get some valuable insight on staying ahead of your taxes so you can avoid a big bill when the tax deadline comes.
Also mentioned in today’s episode:
Accelerating purchases and decelerating income before year end to minimize your taxes 3:40
Strategic spending before the year ends 5:20
Why quarterly taxes as an entrepreneur are so important 9:50
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Links:
Free Class: https://go.sunlighttax.com/register
Tax and Year-End Planning
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Waiting Costs you Money: Money School
Don't Hustle, Don't compromise, Just Maximize: Money School
Why Deductions Save More than you Think: Self-Employment Tax: Money School
Receipts & Bookkeeping Demystified: Money School
How to Cancel your Student Debt: Money School
What Accountants Get Wrong About Creative People: Money School
Vision: Running for Office
Itemizing vs. Business Deductions: Ending the Confusion
Perfectionism as a Creative Entrepreneur
Roth vs Traditional IRA: Does it Even Matter?
What’s Going on in the Economy Right Now
Paddy Johnson: Real Talk on How to Succeed in the Arts
Proof That You’re Doing Fine- The Breakeven Point
Mileage: The Best Tax Deduction You're Missing
Erika Hess: Podcasting, Art, Motherhood, Boundaries, and Widening the Circle
10 Things I’ve Learned Doing Creative Entrepreneurs Taxes
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