How to pay less taxes

Taxes. They come in many forms. Some are hidden: corporate taxes are built into the cost of goods and services you buy; excise taxes are included into products like gasoline. Others are more visible like sales and property taxes. And then we come to the most visible and dreaded tax of all: income tax. When people complain about taxes they are usually talking about income taxes. Avoiding income taxes should be easy considering the size of the tax code and the millions of loopholes available…

I'm a bookkeeper, and have paid my taxes quarterly for about 10 years. You may be a bookkeeper helping clients, or a small business owner yourself wondering about these things: How much to pay in quarterly taxes as a small business owner? Who needs to pay quarterly taxes? How to avoid IRS fees? When to pay quarterly taxes? How to pay? How to tax brackets work?

As a gig worker, it’s all on you to pay what’s due and know your responsibilities. Here are some tax tips to save money!

How your LLC is taxed depends on several factors, including whether you elect to be taxed as a corporation or a pass-through entity. This affects whether your LLC’s income is factored into your personal tax return.

Hate paying taxes? Here are some pro tips on how to pay less tax in Canada. Learn some cool tax tricks that you might not have known before here.

“What should I be paying myself as a creative business owner?” This is a topic I get asked about a lot and there are a few different ways to look at it. Pay yourself a percentage of your profit each month. Pay yourself a fixed amount each month. The truth is th

What should have been a happy, exciting and grateful moment was instead filled with guilt. Here is a story about wealth guilt and how to overcome it.

💡 Wondering how the 2024 income tax brackets could impact your small business? The tax landscape for small businesses changes constantly. Every year, it seems like there’s a new report to fill out, a new deduction to take, or a new rule that prevents you from getting that tax break you’ve always counted on. Tax season is upon us again, so it’s time to make tax planning a priority for your small business. Stay informed and plan to navigate tax season smoothly with our #TaxSeason guide.