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Ever wondered how to keep more of your hard-earned money from the taxman? In this episode, we reveal game-changing tax strategies that can help professional painters and other business owners slash their tax bills and boost their savings. From understanding government incentives to restructuring your business, we provide you with actionable insights that have already saved our clients thousands. Richard and I delve into the importance of tax planning as a year-round activity and show you how to leverage tax-favored savings accounts like IRAs and 401ks for more than just retirement.

We also explore savvy strategies for handling real estate investments and unearth hidden opportunities through IRS tax transcripts. With only a few months left in the year, now is the perfect time to evaluate your financial outlook and make strategic adjustments to maximize your 2024 tax savings. Don’t miss out on joining our "Grow Your Painting Business" community for personalized advice and a free tax savings analysis. Tune in and take the first step towards a more profitable future!

Get your FREE tax savings analysis here:
https://bookkeepingforpainters.com/free-tax-analysis

For being a loyal listener, I want to send you a copy of my new book Profitable Painter. Inside, I’ll show you the exact frameworks that have helped painting businesses save big on taxes, increase profits, and scale with confidence
Head over to profitablepaintercpa.com/book and grab your copy today. Don’t wait — this is my gift to you for being part of the Profitable Painter community.