DAY 4: Clarity Kickstart To A Financial Fresh Start
DAY 4: It’s Tax Time
Welcome to Day 4 of the challenge!
Yeah, TAXES—I know. That dreaded word that’s the only other certainty in life.
One of the big questions I get asked a lot is how much do you need to be putting aside for taxes. Typically I say 15-30%, but it is different for every business.
In today’s challenge video, we’re going to get you to...
- Look at your gross revenue
- Take off the right amount of taxes
- Take off your biz expenses
- Figure out what’s left, and where is the gap between what you want to be making and what you actually are making
I know this sounds like a lot but you’ve come this far and I know you can do this. Take control of your tax trials and tribulations. You’ve got this.
Use the google sheet you downloaded for Day 3 exercise.
Make sure to download to your device to save your information, it will not save if you use in your browser window.