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WATT | Tax Strategy for Business Owners

@wattbiz

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Overpaying taxes? Messy books?
I help business owners keep more
💰 Tax Planning | Tax Prep
📊 Bookkeeping: @_fination
👇🏾 Tax strategy call

POSTS STORIES REELS

Who I do it for💜
At every conference, I meet Black women entrepreneurs who are brilliant, qualified, and undercharging for their expertise.

Here's the reality: We're juggling caregiving responsibilities while building businesses. We're starting with less capital than our counterparts. We're the lowest-paid demographic, yet we're expected to navigate the same financial strategies as everyone else.

But here's what I've learned - we need different approaches:

✨ Plan for caregiving costs in your business model
✨ Build confidence in pricing your true worth
✨ Create emergency funds that account for family responsibilities
✨ Invest in systems that work around your schedule

Your financial strategy should reflect YOUR reality, not a one-size-fits-all approach.

Black women are the fastest-growing group of entrepreneurs for a reason - we're resilient, resourceful, and ready to build wealth differently.

Know your worth. Price your worth. Plan for your worth. Tag a black woman business owner so she can see this!

#entreprenuership #womanentreprenuer #blackwoman by @wattbiz

So, you've chosen to work with a professional tax preparer this year - we love that!

Whether you've worked with a tax professional before, or this is your first time filing, here are some questions to consider asking:

→ Do you have a PTIN?
→ Can you represent me in front of the IRS?
→ What prior experience do you have with clients in my industry?
→ Can you help me with tax planning?
→ How will you be communicating with me?
→ How is my data protected?

Ready to chat about how I can help you with your taxes? Schedule a call through the link in my bio!
#taxpreparer #taxes #smallbusiness #realestate #realestateagent #realestateinvesting by @wattbiz

Hi 👋🏾 I'm Aneka! The Accountant for Entrepreneurs👩🏾‍💼. I have over 10 years of experience in accounting and I have been working with small businesses to
*implement accounting systems💻
*tax plan📇
*tax preparation🗄️
For the last 5 years.

I would love to work with you if you are an Entrepreneur!

Set up a consultation so that we can see if I can help your business grow!

🎥 @yrnphoto

#entrepreneur #WattBiz #WATTBusinessSolutions #mobiletaxservice #taxes #taxesfiled #irs #taxcompliance #acounting #accountantforentrepreneurs #accountant #smallbusiness #midsizebusiness #taxplanning #acountingsystem #Quickbooks #wave #taxpreparation by @wattbiz

Before you add another subscription to your Black Friday cart, check the ones you're already paying for! 👀

Unused software, forgotten memberships, and duplicate tools can quietly eat into your profits.

Let's make sure your money is going toward expenses that actually support your business!

Comment **FREEBIE** and I'll send you my tips for saving money in your business. 💸 by @wattbiz

Idk if you’ve looked at the calendar, but it feels like there are literally only two working weeks MAX this December! 📆

So if you’ve got any loose ends in your business, try your best to get them tied up in November!

And if it’s a tax loose end you need help with?

Those are, coincidentally, my specialty! 👋🏾 by @wattbiz

🥁 AND THE FINNY GOES TO… 🏆✨

The BUSINESS GROWTH AWARD goes to… BEARBHS! 🎉👏🏽

We love to see a business growing, evolving, and making moves! 📈💚

This award celebrates a client who’s been putting in the work, taking steps toward their goals, and building something worth celebrating. Because growth deserves recognition, and we’re here for ALL of it! 🙌🏽✨

Congratulations on taking home this Finny! 🏆 Here’s to even bigger wins, new opportunities, and continued success! 🥂🎉

Drop a 👏🏽 in the comments to celebrate our winner!

#FinnyAwards #BusinessGrowth #SmallBusinessSuccess #ClientAppreciation #SmallBusinessOwners by @wattbiz

Selling at a loss to lower your capital gains, then buying that same stock back a week later?

Yeah... the IRS is putting the kibosh on that! 🫠

That move can trigger the wash-sale rules, and it can delay when you're able to deduct your loss.

A wash sale looks at a 61-day window: 30 days before the sale, the date of the sale, and 30 days after the sale.

And no, buying it back in a different account (or even your spouse's account) isn't hiding a wash sale. No points for creativity here!!

Ready to get fancy with your tax strategy? Love it (just please call me before you do anything!). by @wattbiz

"File even if I can't afford my taxes? Or wait until I can pay?"

That's what my clients ask when we prepare their return, and they're not able to pay their full tax bill.

Generally, my advice is to file and pay whatever you *can* towards your bill.

Filing on time helps you avoid a failure-to-file penalty, but the failure-to-pay penalty can still add up on your unpaid balance.

If you're in a tough spot with your taxes and need some advice, let's chat! 📲

Visit our website (link in bio) or email me at taxinfo@wattbizsolutions.com. by @wattbiz

🥁 AND THE FINNY GOES TO… 🏆✨

The CEO Who Knows Their Numbers Award goes to… YRN Photo! 🎉👏🏽

Revenue? KNOWS IT. Expenses? KNOWS THEM. Profit? NOT JUST GUESSING! 📊💰

This CEO understands that running a business takes more than making sales. You need to know what’s coming in, what’s going out, and what those numbers are telling you about your business. 👏🏽

Congratulations on taking home this Finny! 🏆💚 Keep making those numbers work for you!

Show our winner some love in the comments! 🎉🙌🏽

#FinnyAwards #CEOMindset #KnowYourNumbers #SmallBusinessOwners #FinancialSuccess by @wattbiz

I'll even answer to "the person you call *before* you make any major changes to your business"! 🥰

I need entrepreneurs to stop thinking they can implement complex new tax strategies the day before their tax return is due.

Having meaningful conversations about your income, goals, and tax strategies NOW is what sets you up for a tax-efficient 2027. by @wattbiz

👨‍👩‍👧‍👦 Your family can be more than your support system. They can be part of your business strategy! 💼✨

Did you know your S-Corp may be able to hire your spouse or children for legitimate work? When structured properly, it can create valuable opportunities for your family while supporting your business goals.

Our Hire Family or Spouse Guide helps you understand the key considerations, from job roles and expectations to tax and legal requirements.

✅ Understand the rules.
✅ Set clear expectations.
✅ Build your team with confidence.

Your family. Your business. Your future. 💜

📘 Get the guide for just $17 and take the next step toward building a smarter business!
#SCorp #SmallBusinessTips #Entrepreneurship #BusinessStrategy #FamilyBusiness by @wattbiz

🥁 AND THE FINNY GOES TO… 🏆✨

The FINANCIAL GLOW-UP AWARD goes to… The Mack Touch!🎉👏🏽

Because growth isn’t just about making more money. It’s also about getting more organized, understanding your finances, and making better decisions along the way! 📈💚

This client has been making moves, building better financial habits, and showing up for their business in all the right ways. That deserves to be celebrated! 🙌🏽✨

Congratulations on taking home this Finny! 🏆 Your progress deserves its moment in the spotlight!

Drop a 👏🏽 in the comments to celebrate our winner!

#FinnyAwards #FinancialGlowUp #ClientAppreciation #SmallBusinessGrowth #Bookkeeping by @wattbiz