top of page

Bad Shortcuts, Good Shortcuts

  • Evan Kirkpatrick
  • Sep 23, 2020
  • 1 min read

Photo credit: Joshua Ness




Shortcuts don’t work out, except when they do. There are bad shortcuts and good shortcuts.


The bad ones to take with your business:

  1. Skip your taxes

  2. Get your random relative who’s good at math to do your taxes

  3. Select an entity structure because it sounds good or because others you know chose that one

Here are some good shortcuts:

  1. Outsource the stuff you hate doing and / or that drains your time and energy

  2. Get a CPA you trust to handle your taxes and do some forward-thinking tax planning

  3. With expert advice from said CPA, select an entity structure that legally allows for the least tax liability and the most money in your pocket

Comments


Austin (formerly Godwin & Associates)

4501 Spicewood Springs Rd, Suite 1005

Austin, Texas 78759

512.615.2023

Round Rock

101 E. Old Settlers Blvd, Suite 130

Round Rock, Texas 78664

512.246.9669

  • LinkedIn - White Circle
  • White Facebook Icon
  • White Twitter Icon

© 2024 by Kirkpatrick CPA PLLC

bottom of page