Spring Cleaning (part 2)

May 9, 2020

Have you been joining us for our biweekly Spring Cleaning challenge?

 

To kick things off, we started with every business owner’s favorite subject, taxes!

 

The first goal of this challenge was to open and designate a new account solely for taxes.

 

Now you may be wondering exactly how much money to set aside, especially under the present circumstances. 

 

How Much Should You Set Aside for Taxes?

 

We recommend setting aside 25% of your profit every month. 

 

Looking for more information? Check out our friend Senica Evans has some great resources over at https://simplifiedaccount.com 

 

 

Want more ways to spring clean your business? Download our financial goal setting worksheet.

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