In this episode of Keep More Money, Kimberly Tara, CPA, CTC addresses the challenges women business owners face with taxes and business finances while sharing her own experiences of balancing a growing business with family life. Kimberly discusses the critical differences between W2 employees and 1099 contractors, highlighting the tax implications and IRS rules associated with each. She emphasizes the importance of proactive tax strategy and proper classification to avoid costly mistakes. The...
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In this episode of Keep More Money, Kimberly Tara, CPA, CTC addresses the challenges women business owners face with taxes and business finances while sharing her own experiences of balancing a growing business with family life. Kimberly discusses the critical differences between W2 employees and 1099 contractors, highlighting the tax implications and IRS rules associated with each. She emphasizes the importance of proactive tax strategy and proper classification to avoid costly mistakes. The...
130. 4 Ways to Build Generational Wealth with Your Business
Keep More Money with Kimberly Tara, CPA CTC
27 minutes
6 months ago
130. 4 Ways to Build Generational Wealth with Your Business
This episode is a wake-up call for every CEO Mom who's been stuck in survival mode. Kimberly breaks down what it really means to build generational wealth through your business – not just revenue goals, but freedom, retirement, and legacy. She walks through four key strategies for building generational wealth (plus a bonus tip) and shares some tough love about overspending, panic write-offs, and why you have to put your own oxygen mask on first. From putting your kids on payroll to treating y...
Keep More Money with Kimberly Tara, CPA CTC
In this episode of Keep More Money, Kimberly Tara, CPA, CTC addresses the challenges women business owners face with taxes and business finances while sharing her own experiences of balancing a growing business with family life. Kimberly discusses the critical differences between W2 employees and 1099 contractors, highlighting the tax implications and IRS rules associated with each. She emphasizes the importance of proactive tax strategy and proper classification to avoid costly mistakes. The...
