You might be shocked to learn this. The government loves when you hire employees. It has many benefits for them and the people you work with. They love it so much, in the tax law that past called Tax Cuts and Jobs Act of 2017, they created a special tax deduction to help make sure that your business pays out wages once it becomes profitable.
Join Kristin and Jeff as they look at this new tax deduction, That can reduce your small biz profits by 20%. However, beware if you do not have wages and you make 1 dollar too much... It can cost you the entire deduction.
Kristin and I could have panicked. Hearing about how much disruption a newborn can cause in our lives. Even with our fear, we chose to focus on the other advice given to us from most of the parents who talked to us. A newborn will be difficult. However, it will be the biggest blessing we can have and take the opportunity to learn how to have a better life and small business
Kristin and I understand that we will spend the rest of our lives raising our new son. Let us share with you what we have learned to improve our company so far after having a new child.
We have been seeing all the headlines about how social media and how it hurts people. So Kristin and I pulled together the list of how we thought social media was hurting our small business and did some research.
So check out the latest episode and learn what shocked us... how our business is really being hurt by social media and how to fix the problem.
It happens every year! Kristin and I start hearing or getting tagged in questions about people who are stuck finishing off their accounting books every year. We decided to ask our Small Biz Life Community for their questions to answer here!
I get it. I hate bookkeeping and I am cheap. I do not like "paying" monthly fees. I am a cheapskate. However, This is one of those areas I have evolved. Kristin has managed to keep the books for all of our companies and families in about an hour a month.
Listen to this important episode that will free up your time, and all you to MAKE MORE MONEY NOW!
So often we hear that spouses are not respecting our dreams, but then in the next post we see people angry with their spouse for wasting your time. Respecting each other is a key to having a happier marriage and is key to living the small biz life.
As a business owner, no one knows your business better than you do. That's why you need to know the basics of income taxes.
I know. I know.
It's worse than a root canal.
So is paying too much in taxes because you don't know the rules. Yeah, that hurts, too.
Spend some time with Jeff and Kristin as we answer questions from small business owners. Some of the questions include:
Are you stuck in a funk growing your small biz? Have you been putting off improving your health? Have your relationships suffered? Have you not been sleeping? It is the time that we all start living the small biz life and stop being lived by it. #NoExcuses
Kristin and I have spent much of 2017 with you. We have had many excuses. Some real, but most where just extensions of our fear. Leading us to waste a lot of time, that is so precious. Join us in this podcast episode as we look at some of our biggest excuses, and some of the excuses we hear all the time. And how we can start working past them to live a year with no more excuses.
Kristin and Jeff extend this hand of invitation for you to start planning for success in your business. However, before you join Planning Club, you need to accept the 4 rules of Planning Club.
Okay, If you tell people to listen to the episode that is alright. However, so often we plan and talk about the plan but fail to follow through with execution. So plan well, verify your actions daily and then EXECUTE.
The key to sales is effectively communicating your message. In this episode, Kristin and Jeff discuss tips for improving your communication online and in-person.
Kristin and I are always looking for ways to grow our online business. So we have started researching creating an online conference or summit. They offer much of the benefits of a real-life conference with networking and sales. However, the can be put together at a fraction of the cost.