Let’s talk about the thing in business that makes every business owner groan: Saving for taxes. Because, really, when all those shiny numbers get deposited into your account the last thing you want to do is put money into your tax savings.
Am I right or am I right?
So what happens? First, we pretend that we don’t have to save for taxes. We spend our dollars on all types of cool biz stuff or even take a little out to pay ourselves.