Entrepreneurs need to stop overpaying their taxes...
You’ve worked so hard on your business, and now you’re finally making enough money to pay the bills and have a little left over for the fun stuff. But what goes hand-in-hand with increased profits? That’s right, the taxes.
When you don’t know what you’re doing when it comes to filing your tax returns, taxes are downright scary. At the start of your entrepreneurial journey, you worried about not having enough numbers in the bank account. But now, it’s different.
Worrying about the tax liability numbers now that you are making a profit is the thing that goes “bump” in the night.
Hi, I'm Arielle.
I’m a bookkeeper and virtual CFO for online entrepreneurs. For the past five years, I’ve worked closely with Fortune 500 companies on all things tax-related. Before that, I coached low-income earners on how to best file their taxes. They got to keep more of their hard-earned money, or we got their money back from the clutches of the IRS.
Since then, I’ve become a fitness fiend, and I started to work with online fitness coaches to reach my personal fitness goals. But I began to notice a common, worrisome trend among these freshly-minted entrepreneurs.
They had no idea how much money they had to pay for taxes, or how much money they could save in taxes each quarter.