Keep What You Earn Shannon Weinstein

In today's episode, we're diving into the realm of tax strategists. I'll be sorting out the hype from the truth and guiding you on whether you genuinely need a tax strategist or if you're simply buying into the marketing noise. We'll talk about the problems that a tax strategist can solve for you, why a close relationship with your CPA might be what you truly need, and how to steer your business towards wealth without letting tax worries slow you down. And for those of you stressed about high tax bills, I've got insights that might just change your perspective. Stick around to finally learn how to make tax planning empowering, not daunting. Let's get into it.
 
What you'll hear in this episode:
07:04 California has high taxes, but estimation process.
09:17 Plan taxes around lifestyle, not vice versa.
12:37 Focus on earning, planning, and professional advice.
 
If you like this episode, check out:
How to Read Your Tax Return
S Corp Salary Explained Like a 3rd Grader
CFO Q&A - Tax Estimates
 
Want to learn more so you can earn more?
Join Gusto today and get a $100 Visa Gift Card
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

In this special episode, we have the pleasure of chatting with Tony Wilson, a CPA and CMA with a passion for simplifying bookkeeping for freelancers and business owners. We'll dive into the critical role that bookkeeping plays beyond tax preparation and discover how it can be a powerful tool for making informed decisions, optimizing financial health, and avoiding common pitfalls that can sink a growing business. From the real costs and value of hiring a professional bookkeeper to strategies for maintaining your books without breaking the bank, Tony offers his expert advice and sheds light on his program "Tax Ready Freelancer." Whether you're just starting or looking to take your business finances to the next level, this episode is a treasure trove of actionable tips. So, buckle up as we learn to navigate the financial storytelling that can transform the way you understand and manage your business's finances.
 
Tony Wilson is a Certified Public Accountant (CPA) and Certified Management Accountant (CMA) with a passion for entrepreneurship. Since starting his first photography business in college, he knew his passion was to provide the framework for entrepreneurs to succeed. After nearly a decade combined in public accounting and Corporate America, Tony launched Accquip, an education-oriented fractional CFO and outsourced accounting services provider serving software development agencies and bootstrapped SaaS companies. By helping these tech-savvy entrepreneurs understand their numbers, Tony empowers founders with the finance and accounting acumen to make key business decisions.
 
Website: www.Accquip.com 
LinkedIn: https://www.linkedin.com/in/tony-wilson-cpa
Tax-ready freelancer course: https://www.accquip.com/a/2147746288/9NJQ4ELV
 
What you'll hear in this episode:
04:17 Monitoring progress leads to proactive adjustments for success.
10:01 Begin S corp conversation at $50,000 profit.
11:08 Financial awareness empowers entrepreneurs to make decisions.
14:45 Specialist should have experience in your industry.
 
If you like this episode, check out:
The Power of Diverse Mastermind Groups for Comprehensive Growth
How to Break Free from the Corporate 9 to 5
Best Ways to Negotiate Business Deals
 
Want to learn more so you can earn more?
CFO On Demand click here
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
 

In this episode, we'll explore why bookkeeping should be approached not as a complex mathematical puzzle but as a narrative of your business's financial journey - with special guest, Tony Wilson. We'll discuss the common mental blocks and misconceptions that hold you back and the importance of tackling your finances monthly, if not quarterly, to craft a financial tale you'll be proud of. Whether you're a seasoned business owner or just starting, Tony's insights will equip you with practical tips and an easier, more approachable way to manage your finances. So gear up to transform your money mindset and keep what you earn—one story at a time.
 
Tony Wilson is a Certified Public Accountant (CPA) and Certified Management Accountant (CMA) with a passion for entrepreneurship. Since starting his first photography business in college, he knew his passion was to provide the framework for entrepreneurs to succeed. After nearly a decade combined in public accounting and Corporate America, Tony launched Accquip, an education-oriented fractional CFO and outsourced accounting services provider serving software development agencies and bootstrapped SaaS companies. By helping these tech-savvy entrepreneurs understand their numbers, Tony empowers founders with the finance and accounting acumen to make key business decisions.
 
Website: www.Accquip.com 
LinkedIn: https://www.linkedin.com/in/tony-wilson-cpa
Tax-ready freelancer course: https://www.accquip.com/a/2147746288/9NJQ4ELV
 
What you'll hear in this episode:
03:32 Freelancers play key role in business growth.
08:21 Entrepreneurs are storytellers, not just numbers.
10:18 Approach bookkeeping like eating an elephant.
16:11 Regularly review and adjust financial storytelling monthly.
17:34 Tax preparation requires planning and financial costs.
21:10 Accessible support for using financial statements effectively.
 
If you like this episode, check out:
The Power of Diverse Mastermind Groups for Comprehensive Growth
How to Break Free from the Corporate 9 to 5
Best Ways to Negotiate Business Deals
 
Want to learn more so you can earn more?
CFO On Demand click here
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
 

On today’s episode, Shannon tackles why your name might not be the best choice for your company’s identity. She'll share insights on the potential risks and long-term considerations of business naming—from privacy concerns to future growth and sellability. If you're in the throes of naming your venture or rethinking your existing business name, Shannon has the actionable advice you need. Join us for a mix of practical tips and expert knowledge, all served up in our signature judgment-free style.
 
What you'll hear in this episode:
06:13 Avoid risks by not naming business after yourself.
07:10 Unique business names are like Taylor Swift's Easter eggs, personal and flexible.
12:25 Limited spots available for transformative business sessions.
 
If you like this episode, check out:
Do You Really Need a Business Plan?
3 Reasons to Separate Your Business Money from Personal
CFO Q&A - Tax Estimates
 
Want to learn more so you can earn more?
CFO Power Session: https://www.keepwhatyouearn.com/power-session-inquiry
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

In today's episode, we're diving into a topic that may make you a tad uncomfortable but hold the key to your business's financial health – separating your business and personal finances. Despite warnings you've heard, I know it's tempting to treat your business account as an emergency wallet. Yet today, I'll unpack why blending cash from both worlds can do more harm than good – from muddled tax reporting to the dreaded scenario of an audit search party knocking on every account you own. By the end of this episode, we'll have outlined a simple habit shift that could shield you against massive headaches or legal duels down the line. Plus, we'll explore how a little one-on-one time with a fractional CFO can elevate your business beyond those revenue ceilings you're knocking your head against.
 
What you'll hear in this episode:
06:13 Benefits of separating personal and business funds, LLC protection.
09:38 Be aware of commingling business and personal expenses.
 
If you like this episode, check out:
The Power of Diverse Mastermind Groups for Comprehensive Growth
How to Break Free from the Corporate 9 to 5
3 Reasons to Separate Your Business Money from Personal
 
Want to learn more so you can earn more?
CFO Power Session: https://www.keepwhatyouearn.com/power-session-inquiry
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

Today’s episode is all about a fundamental business practice: separating your personal finances from your business accounts. We'll be exploring three powerful reasons why keeping these entities apart is absolutely crucial, touching on better tax organization, avoiding IRS audit complications, and protecting yourself legally by not piercing your LLC's protective veil. So, if you want your business to thrive and your financial future to be secure, this is the advice you've been waiting for. Let's jump right into transforming your financial strategies and truly keep what you earn.
 
What you'll hear in this episode:
05:05 Maintain trust with IRS agents during audits.
09:45 Respect boundaries of business and personal finances.
11:29 Make separating business and personal transactions easier.
 
If you like this episode, check out:
Stop Trying to Scale Everything
The Steps to Selling a Business
How to Set a Pattern of Success for 2024
 
Want to learn more so you can earn more?
Download the Money Pro Matchmaker tool here
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
 
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.