Updated June 2018 The dreaded five letter word…. AUDIT…. Something many of us fear and have thankfully never experienced. Those that have, well, tell us your story. What was it that triggered the IRS to come knocking to make sure you were telling the whole truth and nothing but? The more money you make, the […]
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Write Off Meals and Permanently Reduce Your Taxes
Updated June 2018 What could be better than writing off a great trip to a place you’ve always wanted to travel, and making money while you’re there? How about writing off food?? Ok, food may be a distant second to traveling, and we’ll talk about writing off trips in another post. But, writing off meals […]
5 Ways to Protect Your Money
When we build up wealth over a lifetime, there becomes a need to protect it, so when we pass away it doesn’t make its way into the wrong hands, eg. taxes. There are strategies that are often missed that we can set up for our loved ones to make their own stress far less when […]
Tax Savings Strategies Part 2
We’re back with a few more tax saving strategies to keep you and your small business healthy and wealthy! Deduct business losses If you have any capital gains on investments, you can subtract any losses you’ve incurred to minimize any taxes owed on your gains. If you have no gains, you can still take losses […]
Tax Saving Strategies Part 1: The Government Wants You to Pay Less
Last Tax Season Still Got You Down? After a potentially brutal tax season a couple months ago, you might be left with a scar on your wallet and a stray tear rolling down your cheek as you remember the pain, now pleading for an answer to your question, “How can I reduce my taxes before […]
How To Make Money Part 2: The Flywheel
Your dreams are like a giant, 84 ton flywheel…. It may seem totally impossible to get that baby moving, but the more you push, the more momentum is built up, and the easier it is to make it go even faster. Even better, the bigger the flywheel, the harder it will be to get it […]
