Ktasha ("Tasha") Hardge, AFSP, Tax Strategist, Business Advisor’s Post

Reconciling your books is one of those tasks that often feels tedious, but it’s essential for keeping your financial records accurate and your business running smoothly. Unfortunately, it’s easy to miss a few things along the way. 😅 Discrepancies can cause big headaches down the road. 😬 That’s why it’s so important to double-check your work and catch these issues before they snowball. But don’t worry—keeping your books in order doesn’t have to be overwhelming! A little attention to detail now can save you a lot of stress later. Pro Tip: Staying organized with your deductions throughout the year can also make reconciling much easier. That’s why I created the Tax Deduction Tracker—it’s a simple tool to help you keep track of all your deductions, so you’re not scrambling at tax time. 📊💻 https://lnkd.in/ethH2jHb. . . . . . . . #bookkeepingtips #financialhealth #smallbusinesssupport #businessfinance #moneymanagement #moneymanagementtips #taxpreparation #businessadvisory #taxtips #stayorganized #coachktasha

Are You Leaving Money on the Table? 💸 Imagine this: It’s tax season, and you’re frantically sorting through a year’s worth of receipts, wondering if you’ve captured every deduction. The stress, the uncertainty, the nagging feeling that you might be leaving money on the table—it’s overwhelming, right? 😫 The truth is, many of us miss out on valuable deductions simply because we don’t "track them throughout the year". That’s money that could be going back into your business, helping you grow and thrive. 💼 But what if there was a simple way to organize everything, so when tax time rolls around, you feel confident and in control? That’s exactly why I created the Tax Deduction Tracker. It’s designed to take the guesswork out of tax season, helping you capture every eligible deduction and keep more of your hard-earned money. I’ve packed it with features that make it easy to use—like a Deduction Checklist and an Explainer Video to walk you through everything step by step. No more stress, no more missed opportunities—just peace of mind knowing you’ve got everything covered. Click the link to learn more: https://lnkd.in/ethH2jHb . . . . . . . . #taxdeductions #taxwriteoffs #taxdeductible #taxstrategies #taxtipsforentrepreneurs #taxsavings #businessgrowth #entrepreneurtools #taxpreparation #taxprofessional #businessadvisor #coachktasha

Using or switching to new accounting software can be a game-changer for your business, but it’s easy to make mistakes that can cost you time and money. Avoid these common and costly mistakes! Share this with your Business Bestie! . . . . . . . . #smallbusinessowner #entrepreneurlife #businessgrowth #businessdevelopment #financialplanning101 #bookkeepingtips #selfemployedlife #taxprofessional #taxexpert #entrepreneuradvice #businessadvisor #coachktasha

Looking to add more positivity to your life? These 5 tips will help you take actionable steps toward a better mindset and a brighter future. Small changes lead to big transformations—start today and see the difference! Swipe through for some quick inspiration! . . . . . . . . #Positivity #MindsetShift #Motivation #PersonalGrowth #SuccessTips #CoachKtasha #ElevateYourLife 

ness: • Is my current business entity choice the most advantageous for my business? • Do I need to plan for any upcoming tax law changes? • Are there any areas of my business’s compliance that need to be looked into further? DM me to schedule your tax planning meeting . . . . . . . . #taxplanning #taxtips #businesstaxes #selfemployedtaxes #selfemployedlife #businessownerlife #businessfinances #financialtips #taxprofessional #taxstrategist #businessadvisor #coachktasha

Entrepreneurial Truth You automatically lose the chances that you don’t take. 🌟 As entrepreneurs, we’re often faced with moments of uncertainty. But here’s the reality: every missed opportunity is a guaranteed loss. The road to success is paved with risks, decisions, and the courage to take that next step—even when the path isn’t fully clear. Whether launching that new product, reaching out to a potential client, or simply trying something new in your business, don’t let fear hold you back. The biggest risk is not taking any risks at all. Your dreams are worth the chance. Embrace the unknown, take those leaps, and watch your business soar. Share this post with someone who needs this reminder, and hit follow for more motivational content to keep you moving forward. . . . . . . . . #EntrepreneurLife #TakeTheLeap #BusinessGrowth #MindsetMatters #SmallBusinessSuccess #AspiringEntrepreneur #NoRiskNoReward #SuccessMindset #taxstrategist #taxprofessional #businessadvisor #coachktasha

🚨 Important Update for High Earners 🚨 If you’re earning over $10 million a year, take note! The IRS is planning to significantly increase audits for taxpayers in your income bracket. By 2026, the rate of audits on those with over $10 million in total positive income will rise by more than 50%, bringing the audit rate to approximately 16.5%. This means the likelihood of being audited is higher than ever for high-income earners. For those earning less than $400,000 annually, the IRS has committed not to increase your audit rate. However, it’s still crucial to stay in compliance and keep your financial records in order—because you never know when you might be audited. Being proactive now can save you from headaches later. Whether you’re in the high-income bracket or not, working with a tax professional can ensure you’re prepared and in good standing. Stay informed, stay compliant, and plan ahead! 📊 . . . . . . . . . . #irsaudit #taxplanning #taxplanningtips #taxtips #highincome #financialplanningtips #taxstrategy #taxprofessional #businessadvisor #businessconsultant #coachktasha

📖 New Release: "Tax Essentials for Entrepreneurs" 📖 Entrepreneurs, this one's for you! My 48-page guide, "Tax Essentials for Entrepreneurs," is packed with valuable information on business taxes, deductions, and bookkeeping essentials. Learn how to manage your taxes efficiently and make smarter financial decisions for your business. This guide is perfect for anyone who wants to simplify their tax process and maximize their deductions. It's a year-round resource, not just for tax filing season, helping you stay prepared and organized all year long. https://lnkd.in/eERhtrMx . . . . . . . . . #taxtipsforentrepreneurs #entrepreneurship101 #taxtips #taxeducation #taxplanning #businessfinance #businessmoney #businesstaxes #taxstrategist #businessadvisor #businessconsultant #coachktasha

Did you know you could be hit with a 10% penalty if you make an early withdrawal from your 401(k)?! ⚠️ First, let's talk about what counts as an early withdrawal. ⬇️ Per the IRS, early withdrawals are generally any withdrawals made from a qualified retirement plan prior to the age of 59 1/2 years old. Here are SIX types of distributions you can take that are EXEMPT from the 10% penalty: → Distributions made due to total and permanent disability of the participant → Distributions up to $5,000 per child for qualified birth or adoption expenses → Certain distributions to qualified military reservists called to active duty → Distributions greater than 7.5% of your AGI for unreimbursed medical expenses → Distributions made due to an IRS levy of the plan under section 6331 → Distributions that are exempt from the additional income tax relating to certain emergencies and disasters Was this post helpful? Connect with me on LinkedIn for more tax, business and success content! . . . . . . . . #taxtips #financialadvice #retirementplanning #businessfinance #moneymanagement #smartmoneymoves #taxstrategies #taxstrategist #businessadvisor #coachktasha

If your goal is to grow your small business, you need to stop neglecting your marketing efforts. Many small business owners focus solely on their products or services and overlook the importance of marketing. Start by developing a marketing plan that includes social media, email campaigns, and even local advertising. Use analytics to track the success of your marketing efforts and adjust your strategy as needed. Consistent and targeted marketing helps attract new customers and retain existing ones, leading to business growth. Want more practical tips about growing your business, connect with me for more! . . . . . . . . #businessgrowth #smallbusinessgrowth #businesssuccess #businessdevelopment #marketingtips #marketingstrategy #smallbusinesstips #smallbusinessadvice #buildyourbrand #businessadvisor #taxstrategist #coachktasha