Charge Podcast

John Briggs is the founder of Incite Tax. His theme is, “The IRS Sucks”, and business owners should keep more of their money to build long-term wealth. John is a man on a mission to give entrepreneurs an actual work-life balance so they don’t get burned out. He helps them increase their cash immediately so they can have confidence in their choices and become financially resilient. What problem do you solve?  Today John will give us expert advice on cash flow management problems and he will share tax strategies. Show Notes: Cash flow is the lifeblood of our business. Sometimes we get so wrapped up in the emergencies and urgencies of day-to-day business that we forget to address cash flow. One mistake is assuming that the IRS is right. While they have a lot of authority, the employees there may not be competent. Parkinson’s law for cash flow would say that we will expand to spend all the cash available. We need to be careful not to fall into this trap. John recommends using the Profit First method. (See Gar