S2E21 : Mastering Year-End Tax Planning

S2E25 : Mastering The Art of Budgeting - Building Your Budget

In this episode of the Empowered CPA podcast, I delve into the intricacies of budgeting, emphasizing that many people struggle with it, including myself. I discuss the importance of personalizing budgets, understanding income sources, tracking expenses, and setting realistic financial goals. I also highlight the need for flexibility in budgeting and the emotional aspects that can arise during the process. The episode provides practical tips for creating and maintaining a budget that aligns with individual and family goals, ensuring a balanced approach to financial planning.   @TheEmpoweredCPA www.theEmpoweredCPA.com [http://www.theEmpoweredCPA.com] Spreadsheets Crafter™ [https://spreadsheetscrafter.com/]

S2E24 : Mastering The Art of Budgeting - Tips To Set Yourself Up for Success

In this episode of the Empowered CPA podcast, I discuss the importance of budgeting as the new year approaches. I emphasize the emotional challenges of budgeting and the need for realistic expectations. The conversation is structured into four main chapters, focusing on setting realistic goals, identifying personal financial goals, building flexibility into budgets, and the importance of celebrating small wins throughout the budgeting process. I encourage you to be kind to yourself as you embark on your budgeting journey and to seek accountability and support from others.   @TheEmpoweredCPA www.TheEmpoweredCPA.com [http://www.TheEmpoweredCPA.com] Spreadsheets Crafter™ [https://spreadsheetscrafter.com/] Caleb Hammer Home Page - Caleb Hammer [https://calebhammer.com/]

S2E23 : The Five-Day Financial Gratitude Challenge

In this episode of the Empowered CPA podcast, I introduce a five-day gratitude challenge focused on financial health. Each day, I encourage listeners to reflect on different aspects of their financial journey, from appreciating foundational experiences to recognizing income sources, learning from past mistakes, acknowledging supportive individuals, and visualizing future financial goals. I emphasize the importance of gratitude in navigating financial challenges and personal growth.

S2E22 : BOI Reporting - What You Need To Know

In this episode of the Empowered CPA podcast, I discuss what you need to know about Beneficial Ownership Information (BOI) reporting. As mandated by the Corporate Transparency Act, this new requirement affects many business entities, particularly LLCs, and aims to combat illicit activities such as money laundering and tax fraud. I describe the filing process, necessary documentation, and the significant penalties for noncompliance, emphasizing the importance of being prepared and proactive in meeting these new regulations. @TheEmpoweredCPA www.TheEmpoweredCPA.com BOI E-FILING [https://boiefiling.fincen.gov/]

S2E21 : Mastering Year-End Tax Planning

In this episode of the I discuss essential year-end tax planning strategies for both W-2 employees and entrepreneurs. I emphasize the importance of proactive tax management, understanding tax liabilities, and utilizing available tax credits. I talk about the significance of keeping accurate bookkeeping and consulting with tax professionals to navigate potential changes in tax legislation. The conversation aims to equip listeners with the knowledge and tools needed to approach tax season with confidence and clarity. There are additional resources available at TheEmpoweredCPA.com [https://www.theempoweredcpa.com/] to help clarify the process of estimated tax payments and properly filling out 1099's.   Instagram: @TheEmpoweredCPA TheEmpoweredCPA.com [https://www.theempoweredcpa.com/]