Consultants and Money

20-Tax Basics...with ostriches and salads


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Today we're hitting tax basics at a really high, 30,000 ft view level. A level that that anyone can understand.

I'm not saying you have to actually do your own taxes after this (I trust that it's probably not your favorite thing), but you can at least feel confident in talking about it and thinking through it for your business.

In this episode, I will explain the basic flow of your business taxes, which includes:

  • The role of (and reason for) clean bookkeeping
  • What exactly a P&L is, and how it fits into your taxes
  • Wrapping it all up in your tax return (Form 1040)

You don't have to do your own taxes, but to should have a basic understanding of them.

Listen in for all the details.

And follow along with the show notes here: https://www.ericagoode.com/podcast/ep20

Connect with Erica:

  • Instagram @erica.goode.cpa
  • LinkedIn: Erica Goode, CPA
  • Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
  • ***FREE Tax Deduction Guide***
...more
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Consultants and MoneyBy Erica Goode

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