Dec '24 • 💡 Masterclass + Guest Speaker
KEY TAKEAWAYS - Tax Savings Strategies 2024
Big thank you to for sharing some key tax strategies with us as we close out 2024 and for the folks that made it to our call today!
If you were unable to make it but want to tune into the conversation, here is the recording and a bit of what you missed!
We were able to discuss...
➡️ Why rich people focus less on making money and more on saving in TAXES
➡️ The key differences in TAX PLANNING vs. TAX PAYING and why you should be PLANNING
➡️ What you need to understand between itemized and standard deductions
➡️ FOR BUSINESS OWNERS SPECIFICALLY ⭐️ You must register with FinCEN prior to January 1, 2025 to avoid paying $500/day penalty for every day you are not registered - here is the link to register (it takes 5-10 minutes!)
Other helpful links from the call:
🔗 Tax Withholding Estimator: If you are W2 and want to estimate your tax withholdings - this estimator will help you ESTIMATE what you may want to put on your W4. Remember you can re-do this at anytime to change your deductions. It might be a good thing to do as we enter a New Year
ACTION: If you were able to attend and/ or watch the recording, leave your biggest takeaway below!
0
0 comments
KEY TAKEAWAYS - Tax Savings Strategies 2024
powered by
skool.com/steadyworth-financial-fit-club-5087
Transform your finances & your life in less than 30 days—gain clarity, confidence, and the tools to create a life of freedom and purpose!
Suggested communities
Powered by