How much should you set aside for taxes? In this episode of Feelings and Finances, team member Christelle asks Linzy about a common question that many Money Skills for Therapists participants ask. 

Linzy dives into how to make sense of your business numbers so that you can set aside enough for taxes without setting aside way too much. She breaks down how to determine that number and dispels common misconceptions about how income taxes work. If you’re looking for more support around setting aside enough for taxes, check out the workshop linked below.

Unsure If You’re Setting Enough Aside for Taxes?

If you’re unclear about how much to set aside for taxes, or you avoid thinking about paying your taxes altogether, you’re not alone! 

The good news is that I can help you create a plan so that you can face the next tax season with calm and confidence, knowing that you have the right amount of money set aside. All you have to do is  join my FREE workshop, Setting Enough Aside for Taxes (in 5 Easy Steps!).

For a full transcript of the episode and much more, check out the blog post on our website! To watch a video version of this, check it out on YouTube: https://youtu.be/_WDCbMScdzY

Have a question for Linzy? 

You can easily submit your question to Linzy on a voice recording. Go to the podcast page on our website and click the “Start recording” button. https://moneynutsandbolts.com/podcast/

Follow the prompts to record your question. When you finish your recording, enter your name and email to submit the recording. You can also submit your question directly to Linzy’s SpeakPipe inbox: https://www.speakpipe.com/MoneySkillsForTherapists

Want to feel calm and in control of your finances? Connect with us!

🎥 Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts

🎙️ Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/

🤳 Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

📲 Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

💻 Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/

Want to work with Linzy?

Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order.

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay