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With Thanksgiving here, I found a quiet spot to think about what I am grateful for. The usual list came up – sunshine, clean water, a refrigerator full of food, my great health, my loving family, my husband’s love, having my own special someone to love, among many other things. As I looked back, I realized that I have fear to be thankful for. Fear is a great motivator. Fear is a warning sign. I don’t change unless the pain is great enough.

This year has been crazy for business owners. Some have too much to do and many others were closed down. Small Business Owners put blood, sweat and tears into their business every day. Now is the time to plan to understand and minimize your tax bill.

I am tired of all the fear in society today. Halloween is supposed to be scary. Usually it’s ghosts, goblins and someone chasing someone with a chainsaw. This year we have Covid 19 and the Presidential election. I want to erase the scary and find the magic for this Halloween season.

This has been the strangest tax season that I have ever encountered and it is taken it’s toll on me. Normally January thru April is a work marathon. My mindset is taxes during this time. We focus on what needs to be done each day. We keep doing that until all is done.

Health insurance is a definite challenge for small business owners – both in cost, options and constantly changing rules. Personally, my health insurance has increased 204% over the last 8 years, with little to no change in coverage.

Is easier said than done! When you have a small business, there is always too much or too little. Too much work, too little time, too much cash, too little cash, too much space, too little space, etc.

If you have a business loan with the bank, chances are you gave them a personal financial statement. Did you ever consider tying this exercise into your financial goals?