One thing that I learned from being in business is that the monkey on your employees back becomes yours if you let them. They show up at your office door and there is the monkey and they tell you about all of the reasons you should take that monkey and why they shouldn’t have to deal with it until you accept that monkey. Or…you could refuse the monkey and tell the employee that they need to get rid of it on their own. All of this takes up time that you are expected to use because you are the “boss”.
LOL you say however most small business owners and even managers experience a subordinate who can’t handle the responsibility they are given and expect YOU to bail them out. You have enough on your plate without having to deal with someone that you are paying to deal with problems trying to transfer the problem to you.
I could go on and on however my point is that running a business is a 24/7 undertaking and you usually are too busy thinking about your business that you don’t have time to deal directly with your own well being. Sometimes its too late and you have spent all of your time building the business and making tons of profit only to have to pay your silent partner (Uncle Sam).
“I’m too busy to think about tax breaks, my CPA does that for me.”
Your CPA is busy too, he’s bombarded with clients hounding them on hundreds of tax questions and for advice on financial decisions. Unfortunately most CPA’s are overworked and underpaid unless they have figured out their ideal business model. (I will go into that more on a later blog post) So what does that mean for you if you are paying too much in taxes? Well the elephant in the room that nobody wants to talk about on this subject is that ultimately YOU are responsible for the bottom line and your CPA only guides you as to SOME of the financial decisions you need to make.
Well I’ve done some research and talked with many tax experts and have compiled 7 ways to save on taxes for your business. I have compiled them into an ebook in order to educate both business owners and their trusted advisor on the steps that need to be taken to reduce that one monkey that is on your back and that is the cash flow robbing tax man. If you want a free copy of the book click here and you can have it in minutes. If you have any questions or want to schedule a quick phone call or office visit you can schedule on online at http://meetme.so/RoyInnella
Thanks for reading…
Integrated Business Tax and Financial Planning