GOAT.tax’s Post

I'm not in the business of working for free... but today I'm letting you know TWO things you can do differently to help you pay less in taxes this year: ✅ Choose the correct entity type for your business. Working with a professional to set your business up the right way can help you avoid double taxation, save on self-employment tax, or just help limit your personal liability for your business. ✅ Choose the correct filing status. Your filing status (and income levels) will determine your tax bracket, your standard deduction amount, certain thresholds and limits, and whether you qualify for certain tax credits. #taxtime #moneytips #taxprofessional

Are you stuck in a never-ending TOXIC tax cycle that looks like this? First, your business earns money. Then, you spend money to keep your business running... But every quarter, you're panicking to find the cash to pay your estimated taxes! Here's what you can do to fix it: Figure out your rough effective tax rate. Then, automatically save this percentage of each of your sales. You might need to adjust spending in other areas to account for this, but it's going to SAVE you money down the road in penalties and interest. www.integratedtax.net #integratedtaxsolutions #taxsolutions #taxes #taxseason #taxhelp #taxpreparer #taxrefund #taxreturn #tulsa

We are helping companies realize ENORMOUS R&D tax credits through Clarus. Many businesses aren’t aware that they may qualify for an R&D tax credit based on the nature of their work. And while you may already be aware of R&D credits, Clarus will help you get everything you’re owed. If you’re interested in a discussion around R&D, HR or Benefits, my inbox is open 😊

Navigating the complexities of the R&D Tax Credit can be a challenge, but understanding the 4-part test is crucial for maximizing its benefits. In this post, we'll debunk common misconceptions and provide clear insights into each component of the test.  Swipe left to dive deeper and transform your approach to innovation and tax strategy! #RnDTaxCredit #InnovationFunding #TaxStrategy #BusinessGrowth

Effective tax planning is crucial for the growth trajectory of small businesses. By estimating income taxes throughout the year based on projected earnings, businesses can mitigate risks associated with late payments and underestimations. For online businesses, this process becomes even more critical, as timely federal tax payments—typically made quarterly—are essential when expected annual liabilities exceed $1,000. Avoiding fines and interest charges necessitates adherence to these deadlines, ensuring financial stability and compliance. Stay informed and proactive to navigate tax responsibilities seamlessly and sustain business momentum. #TaxPlanning #SmallBusinessGrowth #FinancialStability

While innovation can aid in market competitiveness, R&D tax relief assists in producing sustainable business growth Examine the direct links between business growth and R&D tax credits, and discover how the tax relief is helping to drive advancements in science and technology throughout the UK. Get it all here: https://lnkd.in/eyx3-iTS #BusinessGrowth #SustainableGrowth #InnovativeBusiness #UKBusiness #RDTaxCreditRelief #TaxCredits #TaxRelief

Have you looked into the R&D Tax Credit yet? If not, you should. It's permanent and could save you tens of thousands of dollars. Find Out More Now ↓ #TaxManagement #CashFlow #SRHMarketplace #TaxCredits

Maximize your tax savings with the R&D Tax Credit!💰 This federal incentive is designed to reward businesses for investing in U.S.-based research activities. By correctly calculating and documenting your R&D expenses, you can significantly lower your taxes and increase cash flow. Curious to learn more? Message me and lets start a conversation 💬 #taxexpert #taxpreparer #taxexpertthathelps #taxprofessional #taxservice  #taxexpertise #businessexpert #strategicvision #positivechange  #maximizeroi #employeeengagement #strategicexpertise  #organizationalexcellence #investinwellbeing #employeehappiness  #businesspotential #wellbeinginvestment #businesssuccess

Maximize Your Tax Refund: Essential Checklist Inside! As we navigate through this tax filing season, I’ve discovered a game-changer that streamlined my personal ITR filing – and it was processed in just one week with an immediate refund! 🚀 I’m excited to share this Income Tax Return Checklist that has been instrumental in ensuring an error-free submission. This checklist covers all necessary documents from bank statements to investment proofs that are crucial for a complete and accurate tax return. Stay ahead of the curve by keeping this checklist handy and ensure you’re not missing out on any deductions or allowances that you’re entitled to. Attached is the list of documents which I found useful. Don’t leave your taxes to chance - Get equipped with the right tools today! #TaxSeason #IncomeTaxReturn #FinancialPlanning #TaxRefund