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Here is part two of my experience owing and paying off a $520,000 federal tax lien. I\\u2019ll be honest. Sharing this with you all has been hard. It\\u2019s embarrassing, but I\\u2019m sharing it in hopes that some of you can learn from my mistakes. I felt alone when I was going through this struggle but I found out I really wasn\\u2019t; many people deal with this and have made the same mistakes that I did.

Hiring a bookkeeper was key to me paying off my tax lien. I\\u2019m just not good with keeping track of the numbers. She helped me implement a system where I was putting a large percentage of my profit to taxes, and that\\u2019s how I eventually got the lien paid off. Your bookkeeper also needs to be giving you weekly reports on the numbers that are going to be propelling your business forward. Whether it\\u2019s marketing, podcast subscribers, email opt-ins, whatever it is that moves your business, you need to have a report of that.

Lessons I\\u2019ve learned:

\\u2014Don\\u2019t mess with the IRS. Pay your taxes and pay them on time. The federal government is powerful.

\\u2014Read the book Profit First. Implement it.

\\u2014Hire a bookkeeper or accountant. It\\u2019s tough to do on your own.

\\u2014It\\u2019s not about how much you make; it\\u2019s about how much you keep.

\\u2014If you are in trouble right now, face it head-on. It\\u2019s not going away. Don\\u2019t be too proud to ask for help.

The bottom line is you have to pay attention and be smart about your taxes. Don\\u2019t make the same mistakes I did. Know your numbers or hire someone who can help you figure them out. Get help if you need it. These episodes have been vulnerable for me to share, and I just hope someone can benefit from them and avoid the mistakes I made.

What's Inside:

\\u2014Why I\\u2019m sharing my experience now.

\\u2014We started tithing, and it made a HUGE difference.

\\u2014Why you need to hire a bookkeeper.