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Stop Over-tipping The Government by Eliminating These 2 Biggest Tax Mistakes.
And no… it’s NOT tax evasion.
3 min readMay 18, 2019
Do you know it has been estimated that over 93% of business owners are over-paying their taxes?
And they aren’t overpaying by a little. They are overpaying by A LOT.
According to a survey done by Wealth Factory, people are tipping $11,430 per year!
So let’s dive straight into that.
What are the 2 biggest mistakes people make?
#1: Are you deferring taxes? Stop it.
If you’re putting money into 401K, 401K equivalents or long-term funds and one of their perks is that you don’t have to pay taxes.
However…
What if you’re just postponing taxes into a future where it becomes relatively higher?
Tax deferment is NOT Tax saving.