146 \\ 7 Smart Year-End Tax Strategies Every Small Business Owner Must Do Before 2025
- Author
- Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
- Published
- Thu 10 Oct 2024
- Episode Link
- https://smallbusinessfinance.podbean.com/e/146-the-countdown-to-2024-taxes-7-critical-steps-for-maximum-tax-savings/
The year is almost over, and if you want to cut your 2024 tax bill, now is the time to act. In this episode, Tiffany walks you through seven critical tax planning steps every small business owner should take before December 31st. Learn why keeping your books current, reviewing contractor W-9s, calculating estimated taxes, planning retirement contributions, leveraging real estate, investing strategically, and reviewing missed deductions can dramatically reduce your taxes. These tax tips and strategies are designed to help you maximize deductions, avoid IRS penalties, and set up your business for success next year. Don’t wait until tax season—take control now and finish the year strong with smart planning that pays off when you file.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
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