Feeling overwhelmed by tax obligations? Join Paula Christine and Morgan on Beyond the Paycheck as they tackle self-employment's emotional and financial hurdles. Gain confidence in your tax management strategies today! #TaxAdvice #BusinessGrowth
In this episode of Beyond the Paycheck, Paula Christine welcomes tax expert Morgan Anderson to talk about crucial steps for staying on top of taxes, the importance of regular check-ins with financial experts, and the tragic stories of business owners who suffered due to mismanagement or embezzlement. Together, they discuss practical advice on how to stay compliant, avoid massive tax debt, and protect your hard-earned money. Tune in to learn valuable lessons that could save you from costly mistakes.
Morgan Q. Anderson, EA, is a tax expert and founder of Golden Lion Tax Solutions. She specializes in tax debt resolution and helps individuals and businesses manage complex tax issues and regain financial stability. Known for her compassionate approach, Morgan is a trusted advisor dedicated to making tax challenges easier for her clients.
Connect with Morgan:
Book: https://g.page/r/CfmtfjrKooanEAI/review.
Website: https://www.goldenliontaxsolutions.com/
LinkedIn: https://www.linkedin.com/in/morgan-anderson-ea/
Facebook: https://www.facebook.com/GoldenLionTaxSolutions
Episode highlights:
(0:00) Intro
(2:28) Monthly payment strategy for self-employed
(4:06) Importance of mid-year tax review
(8:43) How tax strategies can reduce liability
(14:43) Extension pitfalls and tax debt consequences
(16:49) Setting financial boundaries to avoid “Pyramiding” debt
(24:08) Embezzlement case story and lessons
(37:13) Advice for aspiring business owners on financial preparedness
(41:15) Outro