SELF EMPLOYED Hair stylists SAVE Big with These Tax Deduction Tips

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💡SELF EMPLOYED Hair Stylists SAVE Big with These Tax Deduction Tips. As a self-employed hairstylist, taxes can feel overwhelming! Between managing clients, juggling expenses, and keeping up with life, mistakes happen. But don’t worry—we’ve got you covered! 🙌

In this video, we’ll break down the 5 most common tax mistakes hairstylists make and how to avoid them:
✨ Mistake #1: Not tracking your income and expenses 📊
✨ Mistake #2: Missing out on crucial tax deductions 💵
✨ Mistake #3: Failing to set aside 20–25% for taxes 🏦
✨ Mistake #4: Ignoring quarterly tax payments 🚫
✨ Mistake #5: Skipping out on hiring a tax professional 🧾

🎯 Key Tips for Success:
Keep personal and business finances separate.
Stay organized with apps like QuickBooks or GlossGenius.
Invest in tax software if you’re not hiring a CPA.

💼 Take charge of your finances, avoid stress, and keep more money in your pocket!

⌚CHAPTERS⌚
0:00 intro
1:40 mistake 1 not tracking income and expenses
2:10 mistake 2 missing out on tax deductions
2:59 mistake 3 not setting aside money for taxes
3:23 mistake 4 ignoring quarterly estimated tax payments
4:32 mistake 5 not working with a tax professional
6:01 a few other pointers
7:29 outro

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