Tax day IS an entrepreneur's worst nightmare because today is the day the government bends us over and takes all our hard earned money. And for some reason...the more you make...the more money they take.
Personally, I think this is BS! I've earned the money, it's mine to keep. Now, I understand we can't keep it all because the government uses our hard earned cash for certain necessities, like protecting our freedom. However, I feel taking my mula is BS because they're using it for other stuff...Unnecessary stuff!
[Deep Breath]
Okay, as I come down off my soapbox, let me tell you why Tax day CAN BE an entrepreneur's worst nightmare and how you can make sure you have sweet dreams.
Tax day CAN BE an entrepreneur's worst nightmare because we're not accountants, CPA's, or any other person who handles these concerns. We don't know everything about the $#*@& confusing tax system. All we know and care about is how much money we made...and how much we keep.
And to top it off, since the tax code is so perplexing, doing our taxes/bookkeeping drains our energy and takes away our precious time.
So, to help us stay strong and sane, we need to bring on help. We need to utilize a bookkeeper and a CPA. FYI - the bookkeeper keeps track of your books all year long and a CPA takes care of your taxes around this time of year (and whenever else you need them, depending on the type of company you own).
I know...you're an entrepreneur, so you can do everything yourself like usual. However, if you want to stay sane, have the energy needed to grow your biz, and make more money, allow me to suggest you get help.
This may seem like another expense you don't want to incur, but it's not. It's an investment. I know that may sound trite. But hiring someone who is better at something than you are is a distinguishing trait of a successful entrepreneur.
Let me tell you a story about one of my mentors, Ali Brown, who now owns a multimillion dollar company. She started in the corporate world writing copy among other things. She soon ventured into the entrepreneurial world where she did everything for herself.
She absolutely despised bookkeeping but was bound and determined to get it right. So, she hired a bookkeeping coach and tried to learn how to do it all herself. Eventually she snapped and broke down, crying over her keyboard because she couldn't 'get it'.
It was then she decided to bring on a bookkeeper. Since that time, Ali has created magnificent products and courses for her clientele. She has moved from crying over her keyboard to laughing her way to the bank at her beachfront home in Cali.
You see, if Ali didn't get help, she may have given up. If that were the case, I may not be here today. Boy I'm glad she decided to get help. Aren't you?
It's too late now to get a bookkeeper and a CPA for last year's books and taxes...BUT it's not too late for this year!
Bite the bullet and find a bookkeeper and CPA that fit your needs. Take control of your time and energy. Prevent the nightmare from happening. And have sweet dreams rolling in a field of money...at least the money you get to keep:)
