Summary

For our third Introspective interview this Financial Freedom Week, we have Carlotta Thompson here to tell us about taxes. As a former IRS auditor, Carlotta started a ministry changing the lives of business owners with the mission of helping them save and pay the least amount of tax legally possible. After working for the IRS, she realized they were not in a place to actually help small businesses and later left her government position after seven years to transform her ministry into Carlotta Thompson and Associates. Carlotta created her national tax strategy firm to be unique from every other “accounting firm” in the US: incorporating what she learned about the inner workings of the IRS with tax law and auditing financials for small businesses.

Taxes are something that we cannot really remove in the equation when it comes to our financial freedom. It’s not the prettiest thing to really think about in business but it is something really critical when it comes to acquiring more wealth and increasing our cash flow. In fact, there’s a saying that either you play the tax game or the tax game will play. For this episode, Carlotta is here to guide us in playing the tax game legally. And, we’ll be hearing more about her tax strategy implementation firm’s best practices. So, make sure not to miss this very important and crucial deep dive!

“It's not what your tax professional accountant charges you. It's what they cost you.”

What you’ll learn

What to keep in mind when it comes to working with the IRS

Identifying the tax breaks that entrepreneurs are typically missing out on

The importance of documentations in auditing

Connect with Carlotta Thompson

LinkedIn: CarlottaThompson

Clubhouse: CarlottaTax

IG: @CoachCarlottaT

Resources mentioned on this episode

Helping businesses nationwide pay the least amount of tax legally possible: https://www.carlottathompson.com/ (www.carlottathompson.com/)

Schedule a call with Carlotta Thompson and Associates: http://www.taxstrategynow.com (www.taxstrategynow.com)

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See more episodes > http://www.introspectivepodcast.com (www.introspectivepodcast.com)

Connect with Me > http://www.connectwithjake.com (www.connectwithjake.com)

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