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Updated 2 months ago on . Most recent reply

User Stats

86
Posts
70
Votes
Melanie Baldridge
  • -
70
Votes |
86
Posts

Take ownership over your strategy.

Melanie Baldridge
  • -
Posted

If you're going to do one thing as a business owner:

I recommend that you learn the tax code and take ownership over your strategy.

Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.

In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.

They are likely missing out on 10s or hundreds of thousands in saved dollars every year.

Stop making excuses and get to work.

Just a few months of part-time learning about taxes will pay you for the rest of your career.

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