Understand Your Tax Strategy Pillars - Creator's Corner Newsletter #18
a lil' self reflection on Juneteenth
By Fogain & Associates
Hey Reader!
I've been M.I.A for a bit. Tax season was the norm again, but long story short, I built an app that averages around $20,000 in tax savings, has cross jurisdiction functionality between Canada and the US, and has logic built in to propose tax optimization strategies without a CPA present. If you'd like to know more, reply to this email with the word "STRAT". But that's not why I'm writing to you today.
A lot has been going on from a macroeconomic perspective in North America. Tariffs are running rampant, tensions between the US and Iran are rising, and costs continue to go up. Sometimes, we get caught up in our day to day so much that we forget to zoom out. Today happens to be Juneteenth down here in the States, and I'm taking this time to be thankful. Thankful for health, family, friends, a business standing on its own two feet (feedback has been unreal). I encourage you to do the same, wherever you are.
We'll be back next week, and potentially more than once, to do what we love to do: talk anything and everything tax. Specifically, discussing the five tax strategy pillars and how effective they are for your creator business (two of these are already discussed in detail over on Youtube - check them out!
As always, remember Rony's mantra - 1) Leverage the tax code to activate tax write-offs and income-generating assets. 2) Don't spend a dollar to save a quarter.