I am a profit consultant that shows small businesses how to pay more in taxes.
If that sounds unusual to you but you are interested in learning more, then you are in the right place.
For over 10 years, I promoted my accounting practice with the same hook that other CPAs use. I can lower your taxes by finding all the deductions you are allowed to lower your taxes. And I was successful doing so. At the end of the year, my clients would spend all of their free cash to maximize their deductions to reduce their taxes. There was just one problem. My clients started their businesses to make money, not deductions.
You see, you can’t feed your family with deductions. You can’t pay for your kid’s college with deductions. You can’t buy a car or boat or bigger house with deductions. You need money for all of those things. The never ending battle to pay Uncle Sam as little as possible leaves most businesses living check to check. And still paying taxes.
With that in mind, I have found a different way. What happens when a business focuses on profits instead of deductions? Instead of trying to spend money as fast as possible, what happens if a business saves money. Sure you pay more taxes to the government but now there is money left over for you to use however you see fit. And what can you do with that money? As it accumulates you can start to pay yourself a fair wage. Or save for college or retirement. You no longer need to scramble all of the time to collect money from customers or take out loans to cover payroll.
So that is where I come in. I teach businesses how to make more money working less hours. The tips presented in this blog all relate to this philosophy.