Will Spending from All Accounts give you more DEDUCTIONS?
InciteFUL Profit Podcast | Incite Tax
English - March 08, 2022 18:00 - 11 minutes - 8.17 MB - ★★★★★ - 1 ratingBusiness incite irssucks Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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A lot of business owners seem to be under the impression that they need to spend just about all the cash they have to maximize tax deductions. Not all deductions are created equal. Don't sabotage your cash flow thinking it will all even out come tax time. This issue get's more critical near year end, but it's a good idea to plan your spending now so cash flow isn't an issue during the holidays.
What accounts are helpful to spend from and which ones should you leave alone?
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