Reason #17: Avoid the Tax Trap

Want to pay your taxes with PRIDE and ease?!

It’s always tax season when you save from Day and Dollar 1!

Work smarter, not harder. Don’t dread the moment your business makes a “profit” because then you “have to pay taxes” — intentionally plan to have a profitable, sustainable business that compensates you and saves for the inevitable success.

“Funny Money” stories from my clients:
-avoiding selling products above the minimum amount to avoid registering for a sales tax account ((and missing thousands in revenue))

-charging only the minimum amount to not hit the invisible ceiling of tax liability ((and missing thousands in revenue generation AND paying herself))

-having charitable write-offs rivaling the (already low) owners compensation

-buying big equipment (AKA toys) rather than giving yourself a raise

……or……

*saving more than enough money in the tax account to BONUS yourself

*watching while the money magically equals out to exactly what you need and not pulling from personal savings to pay the IRS

*looking forward to running a Profit & Loss statement and meeting with your account on how AWESOME your business is ROCKING IT!

This isn’t a gimmick or a scheme. It’s managing the cash in your business with intention.

I help my clients see their numbers more clearly and guide them with intention of hitting goals and simplifying the “business side” of life.

Dr. Holly has been coaching and mentoring chiropractors in implementing Profit First since first implementing it in her practice in 2017. With an extensive background in health care administration, experience as a small business owner and clinician, she provides accountability and support in a simple way. Check out her “5-minute Fridays” series on YouTube.

How to work together…

Schedule a FREE Discovery Call (click to access my schedule)!

If I help you pay yourself more next year, is it worth it?

Visit BeyondYourBooks.com for Profit First Accounting & Bookkeeping services