Scarcity vs. Strategy: A Better Way to Think About Taxes [episode 63]

think about taxes
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I have a confession for you: I am a CPA who doesn’t enjoy talking about tax deductions. But there is a better way to think about taxes. 

In this episode, I’m sharing three ways to shift from a scarcity mindset to one of abundance. I want you to think about the greater possibilities beyond simply reducing your tax liability. The tax code is overly complex. So, let’s focus on having cash in our businesses and making better decisions to help them become more profitable and sustainable.

In this episode, Scarcity vs. Strategy: A Better Way to Think About Taxes, I cover:

  • My desire for entrepreneurs to have an abundance mindset where they understand that there is always more
  • How adopting an abundance mindset is a better way to think about taxes
  • How making informed financial decisions and managing cash flow strategically can lead to sustainable growth and empower you to embrace taxes as simply a part of doing business

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More about the Profitable Women podcast:

If you find yourself avoiding conversations about money, are burnt out from working all the time and wondering where your cash goes, and are tired of not paying yourself consistently, you are in the right place. 

Profitable Women is for those who don’t want to choose between their career and motherhood. It is to educate you on the financial side of running a profitable and sustainable business. It is a safe place where you are seen and heard in your fears as a business owner. It is where we talk about the money stories that are showing up in your everyday business decisions. It is where we allow ourselves to get curious about the numbers and welcome financial abundance in our lives.  We will talk mindset, financial strategy, and numbers, all with the goal of aligning our business to our life. If you believe in what you do and want to make it sustainable while building wealth, Profitable Women is the podcast for you! 

Your host, Sheila Hansen, is a CPA, coach, and business mentor who supports female business owners to make confident financial decisions. In addition to solo episodes, we will hear from other expert female guests who are out there supporting women with the work they do.

As profitable women, we are in this together!

Find more resources at hansenllc.net, and be sure to follow Sheila on IG @Sheila.Hansen.CPA.

[Disclaimer: Any opinions, recommendations, and tips offered on this podcast or other social media forms do not constitute individual tax or accounting advice. This content is designed to provide education and awareness of financial topics and responsibility for the benefit of the general public. Please consult a professional before implementing any of the suggestions made by Sheila or Sheila Hansen, LLC]

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