S7E9: How to Anticipate & Plan for Taxes: Avoiding the #1 Financial Surprise in Your Business

Disclaimer: This content is for educational purposes only and is not tax or financial advice. Always consult a qualified tax professional for guidance specific to your situation.Join the Keep It Simple Squad (K.I.$.$.): https://go.pamprior.com/keep-it-simple-squad Taxes are the biggest expense most entrepreneurs ignore—until a surprise bill shows up. In this episode of the Cash Flow Podcast, Pam Prior breaks down how to anticipate and plan for your taxes in simple, actionable steps.You’ll learn:1. Why taxes are your largest hidden expense as a business owner2. How to set aside money throughout the year to avoid tax season stress3. What percentage of revenue to save depending on your business type4. What to do if you can’t afford to set money aside right now5. How IRS payment plans work and when to use them6. Understanding estimated tax payments and how to calculate themWhether you’re a freelancer, small business owner, or scaling entrepreneur, these strategies will help you stay ahead of tax season and protect your cash flow.Stay up to date with all of our Cash Flow updates by joining my mailing list: https://go.pamprior.com/stayconnected✅ Subscribe to the Cashflow Podcast with Pam Prior:🎙️ Podcast Page (https://cashflowwithpamprior.buzzsprout.com/) 📺 Youtube (https://www.youtube.com/playlist?list=PLjiJJbC3j75C5lKZGy9UDyNdt1jDuAWpb) 🎧 Spotify (https://open.spotify.com/show/09NsW6UWMNGVVmZRta8zJ9?si=858e2793a79948f7)  🍎 Apple Podcast (https://podcasts.apple.com/us/podcast/cash-flow-with-pam-prior/id1279958448)  Learn more about Pam at: https://www.PamPrior.comSend us Fan MailSupport the showStay up to date with all of our Cash Flow updates by joining my mailing list: https://go.pamprior.com/stayconnected✅ Subscribe to the Cashflow Podcast with Pam Prior:🎙️ Podcast Page📺 Youtube🎧 Spotify 🍎 Apple Podcast Learn more about Pam at:  https://www.PamPrior.comWant a Free Business Blueprint Call with Pam? Click Here: https://pamprior.me/business-blueprint-call✨Follow Pam:FacebookTwitterInstagramTikTokProduced by Francis Plata & Forward Press Media: www.forwardpressmedia.com