Navigated to 105. Tax Surprises Suck: How to Get Out of Reactive Mode for Good

105. Tax Surprises Suck: How to Get Out of Reactive Mode for Good

November 11
9 mins

Episode Description

www.EricaGoode.com

In this episode, Erica discusses the common issue of unexpected tax bills and provides strategies on how to avoid them. She explains why tax surprises happen to solo consultants, the concept of Safe Harbor in tax payments, and the importance of setting aside an appropriate percentage of profits for taxes.

 

00:51 Dealing with Surprise Tax Bills

02:36 Understanding Safe Harbor

04:21 Setting Aside Money for Taxes

05:52 Managing Tax Payments

06:56 Proactive Tax Planning

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