Taxes, no one’s favorite topic. However, there are substantial savings available to entrepreneurs. Here’s how to get a bigger tax return in 2021.
Franklin D. Roosevelt once said,
“Taxes, after all, are dues that we pay for the privileges of membership in an organized society.”
Although this is a quote that I completely agree with, I like to point out that it does not say you have to overpay on your taxes, although, many of us do. 👇
Despite popular belief, the government is not out to “take your money” in fact, the system we have in the USA has been designed to help you grow your businesses and to take advantage of tax-savings.
There is an old Russian proverb that clearly states a point that I want to get across. It stats the following,
Education is light, lack of it is darkness.
I know what you’re wondering, what does this have to do with taxes? A lot more than meets the eye. 👀
Because so many of us (myself included) are lacking tax law education, we’re missing out on many benefits that the government has put in place for us. We just pay every year or are satisfied with a small return. The truth is, there is much more for us out there.
CALL TO ACTION:
Although taxes are not the most glamorous of topics, if you’re an entrepreneur, they matter and there are big savings available to you. If you want a bigger tax return in 2021, this episode of the Creating a Brand Podcast is for you.