Tax Time. It’s stressful and no one likes doing them especially if you’re self employed. In 2018, the tax code changed favorably for businesses, and properly set up self employed individuals. Many Self Employed people, like yourself, don’t realize they should be operating as a small business. Even if you receive many W2 tax forms with deductions, you are your own small business and should be treated as such. You need to be properly setup to take advantage of the new rules, if not, you are paying more than your fair share in taxes.
A large portion of tax professionals are trained to handle individual taxes or big corporate taxes, and they do that very well, however, even though you may be incorporated (S-Corp or other), they apply the individual rules to your business which means you end up paying more in taxes.
2018 changed the game for the self employed and small businesses. In order to capitalize on the new rules and reduce your tax burden, you need a different approach. Here’s why:
- The Tax Code Changed Favorably for Businesses
- You are a small business and should be treated as such
- Costs of incorporating has plummeted
- You need a Tax professional with Corporate and Small Business expertise
Many individuals view all of this as a stressful huge burden and it shouldn’t be - we’ve helped thousands of people just like you to reduce their stress and their tax burden.