How much will you pay in taxes next year ๐ค
Added 2023-07-01 19:02:02 +0000 UTCJust a reminder, rich people think differently about money than everyone else.
I was on a plane today going over numbers, making sure everything is documented and up to date. I use WaveApps, so business accounts are connected and imported automatically. Over the last 12 months for this business specifically, Iโm projected to pay taxes on roughly $66,403 in net profits despite running up roughly $2.6 million in income.
The point is, when you get rid of personal debt, then allocate the majority of your income (personal or business) into investing or reinvesting into yourself and businesses, you increase your earning power, assets, net worth, and legally reduce the amount youโre giving away in taxes.
Stay motivated Bag Chasers and letโs run the numbers up. More great content on the way โค๏ธ
Comments
Thanks for keeping us up!
TailorMs.Taylor
2024-09-15 13:52:21 +0000 UTCThanks for your encouragement ๐
Lester Long
2024-05-19 17:30:06 +0000 UTCThanks for sharing ๐
Regina McManus
2024-05-17 17:34:14 +0000 UTCI agree!
Vizzy
2024-03-21 17:51:25 +0000 UTCThanks for sharing AD
Dre
2024-03-18 20:19:33 +0000 UTCIs that an Apple app? I don't see it on the Android store.
Scott Free
2024-02-18 17:22:12 +0000 UTCMotivation
Haleem S. Livingston Jr.
2024-01-08 13:56:46 +0000 UTCLove to get a session with you. Long term student of the game
Caleb Martin
2023-12-22 17:12:49 +0000 UTCThis is Beautiful ๐ฅ
ABJ (Wise and Strong)
2023-12-07 17:31:00 +0000 UTCYou have been and will continue to be a true Blessing. Thank you brother.
William P
2023-11-14 06:13:12 +0000 UTCBag Chasinโ ๐ค
Gerald Alexander M Jones
2023-11-08 17:46:57 +0000 UTCI just joined the BC team. I'm a newbie to all these concepts. Will be scheduling a coaching call soon BIG Dog. And grab a bag of Better Maid chips. They don't know about the D style snacks
Chicken Livers
2023-10-31 01:37:01 +0000 UTCVery grateful! Thank you for your teachings and insights! BLESSED!!
George Stlouis
2023-10-10 16:00:04 +0000 UTCNeeded to see this bruv, Iโm grateful ๐๐พ
See.It.Thru_Magic
2023-10-03 11:30:00 +0000 UTCBro, I love this. Thanks for the insight.
Robert Whitehead
2023-09-15 02:07:08 +0000 UTCOutstanding!
Yonis A Gabow
2023-08-16 04:24:55 +0000 UTCI showed a profit one year with my business and was so happy. Then Uncle Sam came. I made sure after that year not to show a profit again
jamie h
2023-08-08 01:39:18 +0000 UTCAppreciate it bro
Rio
2023-08-03 18:49:29 +0000 UTCMy new hero!
brian
2023-07-31 14:27:29 +0000 UTCI canโt wait to finish getting rid of my debt!
chardinHOPE
2023-07-29 03:40:27 +0000 UTCI have been using QuickBooks as well. Can Wave app process payroll as well, or is it strictly scrapping all the accounts?
Kristopher thomas
2023-07-19 22:58:40 +0000 UTCIโm currently using quickbooks for my commercial cleaning company. Lot of fees with quickbooks. Any bag chasers made the transition from quickbooks to waves? Appreciate any feedback.
Rio
2023-07-14 04:47:30 +0000 UTCAlright man just joined. Iโm about to dig in see what I can learn from ya.
Andre Buck
2023-07-07 18:02:08 +0000 UTCWould love a full video dedicated to only this.
Jonathan Nixon
2023-07-06 17:21:18 +0000 UTCIโm about to get the waves app today! Can you begin writing expenses in the middle of the year or wait until the next Tax season and start new?
Damon Smith III
2023-07-03 18:44:09 +0000 UTCReal talk Iโm working on getting rid of 50 k in student loans at 30 . My only debt issue ๐๐พโโ๏ธ
dyrell Brown
2023-07-03 18:25:11 +0000 UTCThanks for sharing Coach! The Girlfriend and I will be Debt free soon!
Rafael Alba
2023-07-03 12:49:48 +0000 UTCGet rid of the money!!
Rio
2023-07-02 22:50:48 +0000 UTCThe real flex is the $0 in COGs lol That would be a great video considering you do more than YouTube.
Natasha Vincent
2023-07-02 14:02:34 +0000 UTCWhatโs your favourite business that you run Anton?
Jay Israel
2023-07-02 11:28:03 +0000 UTCโ โ โ
Dawaylon Williams
2023-07-02 02:05:34 +0000 UTCIโm on it
Anton Daniels
2023-07-02 00:46:31 +0000 UTCWord, great lesson. This is the real deal!!!
Big Suggs
2023-07-02 00:41:40 +0000 UTCExcellent presentation, Anton! Hey brother, if you ever offered an actual, dedicated course on how to run a business and be successful at it based on your years of real world, boots on the ground experience, I would buy it in a heartbeat! Much appreciated and keep up the great work! MOA
Mumia Obsidian Ali
2023-07-01 22:56:56 +0000 UTC๐ฐ๐ฐ๐๐พโโ๏ธ
ClassE Beats
2023-07-01 21:56:45 +0000 UTCA word and a bar. Do you also use food smjku non profits as another vehicle? I give my son a scholarship for his school tuition every year that I can write off 100%
L C
2023-07-01 20:28:48 +0000 UTCLove this! Thank you for setting an example of success! I canโt wait to make MILLIONS and pay taxes on tens of thousands lol
Argustic Dunbar
2023-07-01 20:06:53 +0000 UTCRun the numbers upโฆ latching on to this idea for this week
Forex Man
2023-07-01 19:29:46 +0000 UTCOf course I can
Anton Daniels
2023-07-01 19:29:33 +0000 UTCCan you give us a video on this?
B2C Advisors
2023-07-01 19:29:13 +0000 UTCFor the first time in 8 years I'm not doing taxes, I was medically retired from service so all my income is tax free (disability+GI Bill) until I graduate and start working again. It's bitter sweet though since I was used to a 5 figure tax return each year, however it's also nice collecting every cent on every dollar each month. Once I start my own accounting firm, I'll definitely be keen on reinvesting, expanding, and paying less in taxes.
EJ
2023-07-01 19:16:50 +0000 UTC๐๐ฏ
Fa Brown
2023-07-01 19:04:50 +0000 UTCLove to see it, thank you for the insight ๐๐พ๐ช๐พ
Lester Phillip
2023-07-01 19:04:05 +0000 UTCGreat point Iโm going to be using WaveApps
Laith
2023-07-01 19:03:51 +0000 UTC
