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ACCOUNTANT EXPLAINS How to Pay Less Tax

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Gabrielle Talks Money

Tax is one of those things where some planning really moves the needle when it comes to saving hundreds, if not thousands of dollars. If you are saving up for vacation, a wedding, a car, a house you might be saving on the day to day things that cut down on a few dollars like eating out. But, taxes can range anywhere from 20 to over 50% of your income. So with that in mind, let’s jump into ways you can pay less tax and keep more money in your pockets for the things that will make an impact in your life

00:00 Intro
00:44 How Taxes Work
05:33 Paying less tax as Employees
06:22 Paying less tax for Businesses
08:04 Nontaxable Income

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Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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WHO AM I:
Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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