155: The 3 Biggest Tax Mistakes Costing You Money as a Business Owner
Listen on Apple | Spotify | YouTube | Android | Google
Doesn’t hearing the word “tax season” remind you of fun, cozy days in the sun? Of course it doesn’t! But in this episode, my goal is to get you thinking about ways you can be proactive now to avoid a headache this Spring. I’m sharing the biggest tax mistakes I’ve seen that have cost my clients hundreds of thousands of dollars, and how you can avoid those mistakes in your own business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
In this episode, you’ll learn:
- 0:00 Why now is a great time to start thinking about your tax bill
- 2:24 Missing out on tax deductions
- 6:36 Having inaccurate records
- 10:01 Huge, unexpected tax bills
If you love the podcast, please leave me a review on Apple podcasts and share with a friend! This helps me share more knowledge with people like you so they can become more financially literate, create more profit in their business, and feel more financially stable and secure. Click here and scroll to the bottom to leave a review and make sure to let me know what you're finding the most helpful!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
