Incite-FUL Profit Podcast | Incite Tax

John explains the importance of company culture and how to create positive company culture in your own business. He goes over the same principles used at Incite Tax that have maintained it's unique culture in spite of doubling the number of employees over the past couple years.

Schedule A Call

Check out our website - Incite Tax

Follow us on…
Facebook
LinkedIn
Instagram
Twitter
YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

Hiring bad employees not only impacts your profits, but also your other team members and company culture. What you need is a process that can weed out candidates that aren't a great fit for your company and minimizes the chance of hiring mistakes.

Listen in as John lists each step in Incite's hiring process and explains why each one is necessary for hiring A players.

Schedule with a Tax Genius

Check out our website - Incite Tax

Follow us on…
Facebook
LinkedIn
Instagram
Twitter
YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

It's not easy embracing change. The thing is that there's no way to truly put a business on cruise control and have it remain the same. Because even maintaining a business requires innovation and change. We'll look at examples of businesses that failed to change and some tips to help you, the small business owner, take back some of your time to work on your business.

#incitechange  #incitetax

Check out our website
Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

In the fitness industry, Coaches are employees that could actually be categorized differently to save both them and your business on taxes. As you're listening, think through what employees in your business have enough flexibility that perhaps they could be contracted.

Get details on if the way you pay your employees can be changed and the benefits of doing so.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

Profit First is an amazing cash flow management system. Some owners are fine using a simple spreadsheet. Whatever works for you is great. There is one constant that causes major stress for almost all business owners... taxes! Whichever system you use to manage your finances, the bare minimum thing you should do that will save stress and minimize cash flow issues, is to open a separate Tax Account. This is simply a separate bank account from your normal business account where you will only put money in it for the purpose of saving to pay taxes.

If you do nothing else, open a Tax Account.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

A lot of business owners seem to be under the impression that they need to spend just about all the cash they have to maximize tax deductions. Not all deductions are created equal. Don't sabotage your cash flow thinking it will all even out come tax time. This issue get's more critical near year end, but it's a good idea to plan your spending now so cash flow isn't an issue during the holidays.

What accounts are helpful to spend from and which ones should you leave alone?

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

Whether you're playing catch up with your books to get them in good enough order to file your tax return or you're planning for the coming year and want to start off your bookkeeping system right, there are some basic red flags you need to look out for. Some are minor and easily fixed in your software, while others could be signs of more major issues.

Get details on the red flags you need to watch for.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

The quick answer is yes, your vacation can be a tax write off. It may seem tricky, because it's only the business portion of the trip that is deductible and some preplanning needs to take place, but once you learn the few details, it's pretty straight forward. Almost any trip you take, with your family or not, could be a write off with very little effort.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

When it comes time to pay your taxes, you generally face one of two situations: You saved more than you owe or your Tax Account is short. John will explain how to navigate each situation from a Profit First cash flow management perspective.

Written details on what steps to take when taxes are due, but cash is short.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube

A top reason small businesses don't have great bookkeeping or cash flow management is because the owner tells themselves, "I'm just not good with numbers." Stop saying that! First of all, you own a business. You're plenty capable of learning enough to understand your business' numbers. Second, the Profit First cash flow management system, along with some free tools by clicking the link below, eliminate the need for complicated math.

More details on understanding your finances even if you aren't good with numbers... yet.

Incite Tax

Schedule A Call

Follow us on…

Facebook

LinkedIn

Instagram

Twitter

YouTube

John Briggs | Tax Genius
[email protected]
Visit our website @ Incite Tax

Schedule A Call

Follow us on…
Facebook
LinkedIn
Instagram
YouTube