Wealth Management | Plancorp

The 3 Best Ways to Save on Taxes With Multiple Business Ventures

Written by Sara Gelsheimer | July 13, 2022

If you have multiple income streams, there are strategies you can take advantage of to minimize tax expenses. Whether one of your revenue streams is from part-time employment or you're 100% self-employed, there are many factors to consider when you file your annual taxes.

In this article, Sara will answer your questions around minimizing the taxes on your income streams. Through organizing your tax forms, fully utilizing business deductions, and prioritizing retirement plan contributions you save a lot of money and time on your taxes.

Read the entire article on Entrepreneur...