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226 - Reviewing Your Tax Return
On today’s episode of the podcast we’re getting actionable and going through your tax return. Grab your tax return then hit play on today’s episode.
While going through your tax return, we are going to do some exercises to help you:
Complete a profit analysis for business
Determine how much money you’re spending on taxes to help you calculate how much you’ll owe next year
Doing a profit analysis of your business looking back at last year will help you forward plan. You can also look at your P&L to get a better understanding of these numbers.
First, we want to look at your Schedule C. Assuming…
The skinny
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