Get Your Taxes in Order & Don’t Ask for an Extension

Get Your Taxes in Order & Don’t Ask for an Extension

The 2023 calendar year is officially over, which means that tax season is upon us. (Happy New Year, right?) It’s time to start getting organized so you don’t have to ask for an extension on your taxes. If you’ve been following along recently, you’ll know that there’s...
Your Guide to Taxes the Profit First Way

Your Guide to Taxes the Profit First Way

If you’re like many business owners, taxes aren’t on your list of favorite things to do. You have to close your books from the previous year, send 1099s, gather all your tax information, and then stare down the calendar wondering when you’ll have time to do your...
How to Make Your Gym More Profitable

How to Make Your Gym More Profitable

Do you know how profitable your gym is? To be clear, the profitability of your gym isn’t the revenue you’re bringing in or even your net income, after expenses. One of the biggest mistakes we see business owners make is over-simplifying the profit in their business....
Planning for Quarterly Tax Payments

Planning for Quarterly Tax Payments

You know tax time will come every year, but for some it comes four times a year. That’s right…quarterly taxes are due four times a year for those who expect to owe $1,000 or more at tax time. The trick is determining your tax liability, which can be tricky when done...
How to Manage Tax Season as a Business Owner

How to Manage Tax Season as a Business Owner

One of the best things about Profit First is that the money you need…for payroll, for expenses, for taxes…will always be there because you have a system and you’re using it consistently. And while payroll and expenses are things that come up consistently, month over...