We all want to make more money, and it’s good to focus on strategies and tactics to increase your revenue.

Something that’s often overlooked, however, is to implement some strategies to lower your taxes, keeping more of the money you make.

Taxes are inevitable, but there are legal (and non-risky) ways to reduce your taxable income.

In this episode Nick discusses tax strategies with his professional tax advisor, Sherry Aland, revealing some lesser known tax strategies that YOU can implement as a yoga teacher.

So grab a cup of coffee (or other tasty beverage), pull up a chair, and let's talk about saving money by lowering your tax bill.

RESOURCES

▶︎ Work with Sherry to design your personal tax strategy (use this link for a limited time discount!)

▶︎ Greenlight: Earn $30 when you sign up for Greenlight with this link. With this money app and debit card for kids and teens, you can send your kids money instantly, assign chores, and teach them to earn, save, and invest.

▶︎ BOI (Beneficial Ownership Information) Filing: https://boiefiling.fincen.gov/

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If you know another Christian yoga teacher who could use some help and encouragement in their teacher practice, would you please share our podcast with them?

We’d love to reach more people and sharing it with your teacher friends would mean the world to us!

Follow us on social media:

YouTube | Facebook | Instagram | Christians Do Yoga

Listen on your favorite podcast platform:

▶︎ Apple Podcasts

▶︎ Spotify

▶︎ Amazon

▶︎ Pandora

Do you need an LLC as a yoga teacher?

We hear a variation of this question a lot, and in this episode we’re going to discuss this and a couple other common yoga business questions (like how to pay yourself).

We know that the business side of things (especially legal and tax topics) isn’t super exciting to talk about and it can get really confusing really fast. But doing things incorrectly can set you up for trouble down the road, so this is really important.

Grab a cup of coffee (or other tasty beverage), pull up a chair, and let's chat.

RESOURCES

▶︎ TIME SENSITIVE: Want to join Kristen and Sarah Hall on a retreat in Costa Rica??!? There are a couple spots left, but don't delay! It'll fill up soon: https://www.saltandspirit.org/retreats/costarica2024

▶︎ Nick’s law firm recommendation: https://kkoslawyers.com

▶︎ Nick’s tax advisor (Sherry)...tell her Nick sent you!: https://calendly.com/sherry-wxe/introductory-call

▶︎ Melio (to send or receive free ACH payments) https://meliopayments.com

▶︎ Wave (free bookkeeping app): https://www.waveapps.com

▶︎ Profit First by Mike Michalowicz: https://amzn.to/3xY5Coq

▶︎ FinCen Beneficial Ownership Information Reporting: https://www.fincen.gov/boi

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If you know another Christian yoga teacher who could use some help and encouragement in their teacher practice, would you please share our podcast with them?

We’d love to reach more people and sharing it with your teacher friends would mean the world to us!

Follow us on social media:

YouTube | Facebook | Instagram | Christians Do Yoga

Listen on your favorite podcast platform:

▶︎ Apple Podcasts

▶︎ Spotify

▶︎ Amazon

▶︎ Pandora

Are you ready to start building your team, but you’re not sure how to go about it?

Or maybe you’ve already started building your team, but could use some help with developing and leading them?

This episode is for you!

This is actually part 2 of a conversation we've started on teambuilding. In part 1 (episode 16) we discussed how to know when it’s time to start bringing people into your business to help with things. If you missed that, go check that out!

In part 2 we’re discussing more of the practical side of teambuilding: Where to find people, what it looks like to develop your team, identify their strengths, and place them in the proper places that help your business grow, thrive, and to help you avoid getting burned out!

So if that sounds like something you are interested in, grab your cup of coffee (or other tasty beverage), pull up a chair, and let's have a chat about building your team.

RESOURCES

▶︎ Buy Back Your Time by Dan Martell

▶︎ Radical Candor by Kim Scott

▶︎ Crucial Conversations by Joseph Grenny

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If you know another Christian yoga teacher who could use some help and encouragement in their teacher practice, would you please share our podcast with them?

We’d love to reach more people and sharing it with your teacher friends would mean the world to us!

Follow us on social media:

YouTube | Facebook | Instagram | Christians Do Yoga

Listen on your favorite podcast platform:

▶︎ Apple Podcasts

▶︎ Spotify

▶︎ Amazon

▶︎ Pandora