by Catrina M. Craft | Nov 9, 2025
Let me tell you about Kimberly, a coach who was doing everything “by the book”, but still overpaying the IRS. She was running her coaching business as a sole proprietorship, which meant she was paying self-employment tax on every dollar of her profit. No one had ever...
by Catrina M. Craft | Nov 1, 2025
There’s a world of difference between tax compliance and tax strategy, and if you’re still working with a traditional accountant, that gap is likely costing you big. Most accountants are focused on keeping you compliant: filing returns, checking boxes, and reporting...
by Catrina M. Craft | Oct 26, 2025
“Just save 30% of your income for taxes.” That’s the go-to advice floating around social media and business groups, but it’s not a strategy. It’s a placeholder. If you’re a high-income coach, consultant, or service-based business owner, you’ve probably been told that...
by Catrina M. Craft | Oct 19, 2025
Estimated taxes can feel like a guessing game, but they don’t have to. If you’re using the “save 30% of everything” method, I want to challenge that. While the 30% rule is common, it’s not tailored to your actual income, deductions, or tax-saving opportunities. It’s a...
by Catrina M. Craft | Oct 13, 2025
The IRS just shared the new tax brackets and standard deduction for 2026. If you’re not paying attention, you might end up overpaying… again. What’s New?Each year, the IRS adjusts the tax brackets to account for inflation. In 2026, the brackets are going up about 2%....
