You’ve likely heard of a little thing called Black Friday. The day after Thanksgiving is also known as the biggest shopping day in the United States. Stores offer major markdowns, mind-blowing doorbusters, and rock-bottom prices. If you’re a die-hard bargain hunter who goes to great lengths to score the best deals and deepest discounts, Black Friday is where you shine. People stand in line hours before the stores are opened, to grab the bargains of the year. It’s clear that Americans like to save money where we can. So, what if there were a Black Friday sale on taxes? There is, and it’s called strategic tax planning.
What if There Were a Black Friday Sale on Taxes
Pay Less Taxes
Shoppers, on average, will save around 40% by shopping on Black Friday. Some discounts are higher, closer to the 60% range, but those are rarer. And to save 40% on a television, shoppers will camp out overnight, push through crowds, and wait in endless lines.
If people like to save money so much, what would they do if they could save $20,000, $50,000, $100,000+ in tax savings per year? It’s possible with strategic tax planning from Financial Gravity. We know that business owners and entrepreneurs make the wheels of production, innovation, and the economy turn. But to do that, you need capital. You need to maximize money coming in while minimizing money going out. The easiest way for you to increase profit is by not spending it unnecessarily.
It Starts With a Strategic Tax Plan
Before heading out on Black Friday, the best shoppers make a plan. They make a list of the items they want and where to get them. They check store maps. Stores are big, and quantities limited, they need to know how to get where they are going. And they ask questions ahead of time. Is the store giving out tickets? If so, where and when does the line start?
Preparation is the key for Black Friday. Preparation is also the key to saving money on your taxes. A Strategic Tax Plan is a true “business fundamental,” and odds are you don’t have one. If you’re willing to prepare so much for once a year shopping, you should prepare even more for your taxes. Your Tax Blueprint® from Financial Gravity is your clear, proactive, strategic tax reduction plan that is customized specifically for you and your business.
The tax code exists to help you pay less tax, but very few know how to utilize it. Financial Gravity uses the IRS Tax Code comprehensively to ensure you only pay what you must. Every tax reduction strategy we employ in the Tax Blueprint® is sourced and referenced directly to the IRS Tax Code. You can rest assured knowing that every strategy is legal, ethical, and moral. In fact, sources of tax savings directly from the IRS Code, along with implementation plans, are highlighted and summarized so you can be confident that the savings are real.
Don’t Miss Out On Any Opportunities
Bargain shoppers comb through the Black Friday ads, making sure not to miss any big opportunity. When it comes to your taxes, you don’t want to miss any opportunities for savings there either. Strategic tax planning offers you the opportunity to pay less taxes. If you have never sat down to plan, then you are very likely missing out on some big opportunities.
Some of the classic strategic tax planning strategies that you are probably missing include too much self-employment tax, missing medical expenses, health savings accounts, and even renting your house to yourself. All ways that you could be saving money on your taxes. We can show you how to utilize the Tax Code to keep more of what you make.
Big Savings Happen More Than Just Once a Year
Black Friday happens just once a year, but you could be saving money every day. Every minute you wait is more of your hard-earned money that you will never see, overpaid in taxes, all because you don’t have a strategic tax reduction plan. There are a lot of opportunities to save money on your taxes, but you have to plan for them. Let Financial Gravity make the tax code work for you, rather than against you.
Financial Gravity offers true, proactive strategic tax planning. Our Tax Blueprint® is the most comprehensive, proven Strategic Tax Plan around. Get one now to see the difference it can make for you and your business. Contact us today for the quick free assessment.