Do you know if you’re maximizing your business tax deductions?  If the thought of the new year brings you tax anxiety, you’re not alone.

Many business owners fear tax season and the “day of reckoning” when they find out how much they owe to Uncle Sam.

No one likes to part with hard-earned dollars or wonder whether they may have overpaid.

To make matters worse, taxes seem like an endless maze of confusion.  Blindly trusting a professional and hoping they’re doing everything in your best interest is a sure-fire way to feel disempowered and out of control.

In our work with business owners, one question rises to the forefront of all financial strategy – how do I pay less in taxes?

Overpaying taxes is one of the most impactful money leaks we see for business owners because their money is flowing out of their control.

Instead, we’re leaning into that dysphoria.

We believe that education empowers you with the confidence to take action and make better decisions.

Where Taxes Fit into the Cash Flow System

Strategically (and legally) shrinking your tax liability is a huge part of fixing your money leaks.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Locating and solving your money leaks is just a temporary bandaid if there’s risk that you could lose it.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build financial freedom and leave a rich legacy.

Plan for Your Best Tax Year Yet

2018 is a brand-new year.

Instead of taxes being something that makes you cringe, we want to empower you with a mindset, tips, knowledge, and strategy to help you keep more of your money by leveraging the tax code and maximizing your tax deductions.

In this interview with Mark Schreiber, CPA and Tax Strategist with e3 Wealth, we discuss the best way to start 2018 prepared to make it your best year for tax savings.

Mark’s Background

Mark has worked in public accounting for 35 years.

In his work with small businesses and entrepreneurs, he focuses on doing taxes, tax planning, and estate tax planning.  He’s been with one of the “large eight” CPA firms and joined e3 2 years ago.

Interview Highlights:

* A lot of Tax Planning is Reactive:

* At the end of the year, you hand over your books, your CPA crunches the numbers and gives you a tax return.