The fastest way to increase your income is by paying less in taxes. Just hearing the word “taxes” likely stirs up a range of emotions. Not until recently did I begin to appreciate taxes. Most people probably view taxes as the government taking hard earned money in exchange for public services. On the contrary: tax codes are written to encourage entrepreneurs and investors.
Educate yourself. Learn how to use the tax codes to your benefit. Write-offs can become a regular line item when the tax codes are properly understood. Deduct income by understanding your business expenses. A purposeful tax plan can help you achieve your financial goals.
