In this episode, we talk about 2022 tax deadlines. Everyone should know when they need to file their taxes and pay their estimated taxes. If you show up with your accountant or tax pro on the day you have to get your tax return done, you're probably already too late to get it done in time. So, today we're going to break things down to the basics.
We want to bring out all this information so you will stop acting like the IRS is your boss. We want to protect you in a way where you don't overpay and know where to be and when you're supposed to be there.
If you're a partnership or an S-corp, we highly recommend doing the Profit First. It gives you a tax vehicle to save money on your taxes so you don't end up getting stressed out when payment deadlines come and actually have the money to pay for it.
That's the beauty of tax planning and being in a relationship with a team that wants to be your partner and your protector, which we do at The Bottom Line. We help you see around blind corners and walk through these kinds of things because we see them all the time.
Finally, taxes can be very stressful but you shouldn’t let them paralyze you. Don't let taxes create blame, shame, or guilt because that will not serve you. You're up to big things and you're doing big things. This is just part of the entrepreneurial journey. Learn as you go so you can streamline things and create processes.
In this episode, you will hear:
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Supporting Resources:
For those who need the deep dive breadcrumbs from the IRS, you can pour over the details at https://www.irs.gov/publications/p509 and https://www.irs.gov/businesses/small-businesses-self-employed/online-tax-calendar
2022 Tax Dates: https://www.ineomobility.com/2022-tax-dates-important-irs-deadlines/
Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.
He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.
Find out more at https://emeraldcitypro.com
