We generally see two distinct approaches people take with their taxes: hyper focused on paying zero taxes OR minimizing their tax burden while building wealth.
The first approach is characterized with buying that new vehicle every other year or running plenty of personal expenses through the business. This approach dramatically increases your audit risk and makes it almost impossible to build wealth (think about trying to get a loan for that next big opportunity and going to a bank and showing them tax returns with losses from all of your businesses - how likely are they to loan you money?).
The path we firmly stand behind is the one that is geared towards wealth accumulation. On this path, our clients understand that in order to pay themselves (actually keep their money in their pocket), they will pay taxes on the income they earn each year and then wisely invest their earned income so it starts making more money for them in the future.
Every tax return we prepare goes through a rigorous process to ensure the highest quality tax return is filed for you.
Blueback Accounting helps our clients navigate the many obstacles and challenges of running a business. Contact us today to learn more about our tax preparation services.