Warning: This Common Business Mistake Could Land You in IRS Hot Water

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Almost every small business owner does this at some point. Many of you are still doing it on a regular basis. Don't be one of the ones that have learned the hard way.

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👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.

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WHO IS THIS FOR: small business owners who serve their local community & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!

#KnowYourBusinessNumbers #SmallBusinessOwner #tipsforSmallbusiness
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Great advice, I’ve incorporated some ideas from the book Profit First. I have a separate checking for taxes, cogs, opex, taxes and profit. I this helps getting down the basics at a glance.

davebalow
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Excellent video! Thank you for the reminder!!

Howttwo