E42: Tax Strategies for the Self-Employed with Barbara Schreihans

In this episode of Mills Knows Bills, Mills welcomes tax expert Barbara Schreihans to the podcast to unpack some key tax strategies for self-employed workers and small business owners. Barbara is the founder of Your Tax Coach, a boutique tax accountancy and tax strategy firm for US-based entrepreneurs and online business owners whose mission is to save business owners money on their taxes while helping them strategize and plan for the future.  Barbara and Mills unpack the various types of tax liabilities and formations of tax structures while explaining the difference between an LLC, C-corp, and S-corp business. In addition to exploring various business structures, Barbara also explains the vital importance of planning ahead for tax season and how having a highly trained, professional bookkeeper can make all the difference when it comes to saving thousands of dollars in state, federal, and payroll taxes.  If you're a small business owner or self-employed, this is a must listen episode for you! Avoid amateur mistakes and take the first step towards securing a healthy future for you and your business by listening to an expert and ensuring that your business is paying the absolute minimum in taxes, beginning today!  Topics Include: Understanding the Different Types of Tax C-corp vs. S-corp Structures  The Importance of Good Bookkeeping  Maximizing Your Potential Write Offs Understanding Your States Tax Policies Follow Barbara:  Your Tax Coach Website: https://www.yourtaxcoach.biz/ Instagram: https://www.instagram.com/yourtaxcoach/?hl=en Write Off Your Life Courses: https://www.yourtaxcoach.biz/courses Follow Mills Knows Bills Website: https://www.millsknowsbills.com Instagram: https://www.instagram.com/millsknowsbills Youtube: https://www.youtube.com/millsknowsbills TikTok: https://www.tiktok.com/@millsknowsbills?lang=en LinkedIn: https://www.linkedin.com/in/ameliabender/ Facebook: https://www.facebook.com/millsknowsbills Twitter: https://twitter.com/bendermills Pinterest: https://www.pinterest.com/millsknowsbills