The 100% Illusion
One of the biggest traps in self-employment is what I call the 100% Illusion.
A client pays you $5,000, and your brain naturally wants to treat it…
The "Hindsight" Trap
Do you know exactly how much profit your business made last month?
For most owners, the honest answer is: “I’ll find out at tax time.”
That is…
The False Sense of Security
Let’s be honest. DIY tax software is appealing for a reason.
It feels fast. It feels affordable. It asks simple questions, gives you progress bars,…
The Penalty Trap
The IRS loves a missed deadline because missed deadlines turn into easy penalties.
That is why so many business owners ask, when are business taxes due, and…
A lot of small business owners run their company by checking one thing: the bank balance.
If there is cash in the account, things must be fine. If the balance…
The Data Entry Myth
A lot of people think a CPA is just someone in a quiet office plugging numbers into tax software once a year.
That idea is outdated.…