Ep 32 | The tax episode with John Briggs

Wrapping up 2015, how are you feeling about your taxes? John Briggs, owner and managing partner of Incite Tax, gives us some tangible advice we can use as we wrap up 2015 and plan for 2016. Specifically, we hit on the following: How can my entity designation affect my self-employment taxes? What expenses qualify as business expenses and how should I track them? When is it wise to re-invest in equipment? Is there a benefit to pre-paying my state taxes? And here's the fine print: Any advice given is general information and that specific situations can be different. So please consult with a tax professional about your specific situation.