22d • General discussion
Two businesses earn the same revenue, yet one pays far more in taxes. Why?
It’s rarely about income.
Most of the difference comes down to decisions made before filing season:
How the business is structured
How expenses are tracked and categorized
When income and expenses are recognized
How owners compensate themselves
Where state tax exposure is triggered
I see businesses with identical revenue end the year with very different tax outcomes simply because one planned throughout the year and the other didn’t.
Question for the room:
Which of these do you think impacts taxes the most in your business right now?
No right or wrong answers, curious to hear different perspectives.
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2 comments
Two businesses earn the same revenue, yet one pays far more in taxes. Why?
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