Tax Planning Mistakes I Made as a Professional Tax Strategist

Tax planning can be overwhelming, even for the pros! In this video, I’m sharing three tax planning mistakes I made as a professional and three common mistakes I see my clients make. Learn how to avoid pitfalls like ignoring personal goals, overdoing deductions, waiting too long, and confusing tax planning with preparation. These tips will help you save money, stay proactive, and keep your business finances stress-free. If you’re ready to elevate your tax planning game, this video is for you!

Timestamps
00:00 - Introduction
01:03 - My Tax Planning Mistake #1: Ignoring Personal Goals
01:48 - My Tax Planning Mistake #2: Overdoing Deductions
02:51 - My Tax Planning Mistake #3: Not Budgeting for Costs
03:50 - Client Mistake #1: Waiting Too Long
04:38 - Client Mistake #2: Assuming Every Strategy Applies
05:23 - Client Mistake #3: Confusing Tax Preparation with Planning

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About us. Kimberly Ferguson is the face behind Emerald Expectations Accounting. She has a Bachelors Degree in Business Management, a Masters Degree in Accountancy, and is an Enrolled Agent with the IRS. She is also a Certified CFO through the CFO Project.

Founded on the principles of Integrity, Respect and Excellent Customer Care, Kimberly started her company because she hated the way she saw her clients being treated while working at another accounting firm. She wanted to serve small business owners in a way that actually made a difference in their lives.

-- DISCLAIMER – Kimberly Ferguson, Emerald Expectations Accounting LLC and related parties do NOT provide tax, legal, or accounting advice. This content has been prepared for information purposes ONLY and is not intended to provide and should not be relied on for tax, legal, or accounting advice. Viewing this video does NOT create an accountant-client relationship with Kimberly Ferguson or Emerald Expectations Accounting. You should consult your own tax, legal, and accounting advisors for professional advice.

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