Almost everything you do can have an impact on your taxes.
The key is planning your business and life to ensure that you take the right steps to make sure you lower your taxes.
Those who are most successful in their tax planning make it a part of their normal activities.
A tax strategy is not a one-time event.
It is something should become part of your routine.
Here are a few examples of everyday activities that can impact your taxes:
✔️Paying expenses
✔️Receiving money from an entity you own
✔️Putting money into an entity you own
✔️Having a meeting with partners, vendors or advisors
✔️Buying or selling inventory
✔️Having a discussion about your business
✔️Working with spouses or children
👇 I recorded a video going over this below
Do you want help with the tax planning process?
We cover the following aspects of your business and more during the tax planning process:
✔️ Legal Entity Structure
✔️ Accounting Method Optimization
✔️ Sales Tax and Other Compliance Assessments
✔️Deductions
✔️ Retirement
✔️ Insurance
✔️ Legal Tax Loopholes
✔️ Recent regulatory change
✔️ Niche specific strategies
✔️ Advanced planning strategies
Strategies that put thousands of dollars back into your eCommerce business.