In today's episode, we're diving into a topic that might surprise you: "You Don't Actually NEED an Accountant." We'll explore when it's truly essential to hire an accountant and when you can manage your finances on your own. From bookkeeping basics to the role of tax professionals, we'll walk you through a hierarchy of financial needs as your business grows. Whether you're just starting out or scaling up, this episode will help you prioritize your financial investments smartly. So let's get started and uncover how you can keep more of what you earn, with or without a full-time accountant!

 

What you'll hear in this episode:

04:27 Use bookkeeping, tax professional, tax strategist effectively.

06:53 Choose tax professional wisely, expect proactive advice.

10:27 Use contractors with a permanent fixture.

14:09 Early-stage business owners need to prioritize profitability.

 

If you like this episode, check out:

Why You May Want a C Corp in Your Business Structure

Listen to This Before Creating a Partnership

If I Started Over, Here's What I Would Do First

 

Want to learn more so you can earn more?

5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh

Visit keepwhatyouearn.com to dive deeper on our episodes

Visit keepwhatyouearncfo.com to work with Shannon and her team

Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.