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115 | How To Unf*ck Your Taxes & Get Your Business Finances Together With Braden Drake
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Taxes are a necessary part of business… so why does it feel so hard every year to file your taxes? If taxes make you want to vomit, if you filed an extension on your taxes or if you filed an extension on your taxes AGAIN, you're going to really enjoy this episode.
I'm welcoming special guest Braden Drake who wants you to unf*ck your taxes. Braden shares his 4 step process for getting your tax game together so you don’t have to stress out about the IRS.
On this episode of The Power in Purpose Podcast:
[00:07:43]: Taking action to address back taxes
[00:09:13]: Improving money mindset and addressing money blocks
[00:10:47]: Setting financial goals and incorporating them into business planning
[00:11:14]: Overcoming childhood money beliefs
[00:13:28]: The Power of Mantras in Money Mindset
[00:14:33]: Step 1: Learn the Basics of Taxes
[00:16:22]: Step 2: Unfuck Your Biz - Handling Back Taxes
[00:17:42]: Understanding Installment Agreements for Back Taxes
[00:19:12]: Importance of Filing Taxes on Time
[00:19:34]: IRS Options for Taxpayers in Difficulties
[00:20:16]: IRS vs Traditional Debt Collectors
[00:20:41]: Benefits of Using HoneyBook for Business Management
[00:21:03]: Considerations for Hiring a Tax Professional
[00:23:10]: Step 3: Setting Up a System
[00:32:09]: Introduction to clients and business awareness
[00:33:26]: First step to avoid feeling overwhelmed
[00:33:40]: Low-cost resources for starting out
Thanks for tuning into today’s episode of The Power in Purpose Podcast. I want to know what your biggest takeaway was. Head to my Instagram and answer the question of the episode @candice.coppola
SHOW NOTES: http://www.powerinpurposepodcast.com
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