Finances can feel overwhelming as an online business owner, but with the right approach, you can confidently manage your taxes and plan for the future. In this episode of The Stephanie Kase Podcast, I sat down with Brittney Suttle, CPA and founder of Knies & Co. We talked about how entrepreneurs can simplify their tax strategy and start saving for retirement. If you’re looking to set your business up for long-term financial success, this conversation is packed with insight! I hope you love our conversation about navigating taxes & retirement and find it SO helpful!

Listen to this episode on Apple Podcasts or Spotify!

What You’ll Learn in This Episode:

• The importance of quarterly tax estimates and how to avoid IRS penalties.
• How different business structures (LLC, Sole Proprietor, S Corp) impact your tax obligations.
• The best way to pay yourself as a business owner, including the Profit First method.
• How to save for taxes throughout the year so you’re not caught off guard.
• The difference between a Roth IRA, Traditional IRA, SEP IRA, and Solo 401(k)—and which one is best for you.
• How to determine how much you should be saving for retirement as a business owner.

Want to Maximize Your Deductions?

Additionally, Brittney has an incredible resource for business owners looking to legally lower their tax bill. Check out her course, Write Off Everything. This course walks you through how to master your taxes as a business owner. This method that will likely save you thousands of dollars each year. You can check it out here!

Key Takeaway

The key to financial success as an entrepreneur is proactive planning. By setting aside money for taxes, paying yourself consistently, and investing in retirement early, you’re setting yourself up for long-term stability. Whether you’re just starting out or looking to optimize your financial strategy, these tips will help you build a more sustainable and profitable business!

For more of Brittney’s wisdom concerning navigating taxes & retirement, follow her on Instagram at @brittneysuttlecpa or visit her website. Don’t forget to tune in to this episode for all the details!