🎙️ Ask Jenni: Election 2024 Tax Breakdown – What You Need to Know! 🎙️

As we head into Election Season 2024 and Tax Season 2024 approaches, it's the perfect time to dive into the biggest tax law changes on the horizon! In this episode, I break down the key tax proposals from both Trump and Harris and how they impact your wallet.

🔑 Key Highlights:

Harris Tax Plan: Proposed capital gains taxes on unrealized gains at death beyond the $5M exemption and raising capital gains to 28% for those earning over $1 million annually.
Trump Tax Code: The current tax code, still in effect until 2025, could be made permanent under Trump’s plan. He’s also considering eliminating income tax, which might lead to a higher cost of living due to increased tariffs on imports.
Child Tax Credit & Tip Income: Both candidates want to increase the child tax credit and eliminate taxes on tip income—a potential win for families and service industry workers.
💡 Why It Matters: The upcoming election will shape our economy and tax laws for years to come. Make sure you're informed about what’s at stake before you cast your vote this November!

📌 Don't Miss This! Stay tuned to learn how these tax plans could impact you, whether you’re a business owner, entrepreneur, or everyday taxpayer.

🔗 Like, Comment, Subscribe and share this episode with your community. Let’s keep the conversation going—election 2024 is not just about candidates, it’s about your future and finances!
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In this candid episode of "Ask Jenni," Jenni dives into a spontaneous live session following a last-minute client cancellation. With her freshly washed hair and a cup of coffee, she seizes the moment to engage her audience on the crucial topic of the pivot mindset in business.

Jenni begins by sharing insights from a recent conversation with a client who's transitioning from a successful career in makeup artistry for film sets to potentially coaching upcoming artists. This sparks a broader discussion on the importance of niching down and evolving in one's career, a strategy Jenni herself has employed effectively in her tax preparation business.

She reflects on her journey from trying to serve "everyone" to realizing the power of specialization and how this focus can prevent burnout and foster substantial growth. Jenni emphasizes how crucial it is for entrepreneurs to continuously adapt and refine their focus to stay aligned with their capacities and business goals.

The conversation takes a deeper turn as Jenni addresses the common financial pitfalls that entrepreneurs face, from last-minute tax filings to the mindset blocks that prevent them from scaling their businesses effectively. She challenges listeners to examine their own financial behaviors and the underlying mindsets that could be sabotaging their success.

This episode is not just about making more money; it's about making smarter decisions, investing in one's growth, and understanding the dynamic nature of business. Jenni offers actionable advice on developing a growth mindset, strategic planning for taxes, and the importance of investing in continuous learning and personal development.

Join Jenni as she guides you through the process of pivoting from a reactive business approach to a proactive strategy that empowers you to reclaim your time, increase your earnings, and truly enjoy the fruits of your labor. It’s time to pivot, and Jenni is here to show you how!

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#AskJenniPodcast #LifeBalance #BusinessGrowth #DailyRoutine #EntrepreneurLife #FamilyFirst #ProductivityTips #WorkLifeBalance #accountability
#BusinessGrowth #OvercomeBottlenecks #EntrepreneurTips #BusinessSuccess #SmallBizTips #StartupLife #LeadershipGoals #EfficiencyHacks #GrowthMindset #InnovationInBusiness #BusinessStrategy #ProductivityBoost #Entrepreneurship #BusinessCoaching #ScaleYourBusiness

In this dynamic session of "Ask Jenni," we're diving deep into the psyche of business owners. It's a self-evaluation day, and I need you to engage! As we explore various business owner archetypes, I want you to shout out where you see yourself. Are you the hustler grinding tirelessly, or perhaps the privileged entrepreneur with a safety net? Maybe you're the expert with deep industry knowledge but little business savvy, or are you self-satisfied, comfortably plateaued at your success?

This episode is inspired by a playful project where I reenacted scenes from iconic movies to illustrate these distinct types. From the ambitious strides of "Paid in Full" to the clueless charm of "Clueless," each character embodies unique traits that can enlighten us about our own business approaches.

Expect to confront some hard truths about where you might be stifling your own growth and how stepping out of comfort zones can lead to transformative growth. Whether you're stuck in the day-to-day grind, over-relying on existing safety nets, lacking essential business acumen, or too comfortable with your current success, this episode is your wake-up call!

We'll discuss strategies to transition from where you are to where you ought to be, enhancing your business through improved sales, efficient operations, and savvy financial management. It's time to redefine your identity as an entrepreneur and scale heights you've only imagined.

Join me, challenge your perceptions, and let's grow together. Drop your insights, revelations, or even confessions in the comments as we tackle this journey head-on. Remember, understanding your core as a business owner is the first step towards unstoppable growth.

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Connect with Jenni:

Follow on Social Media:

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Jenni's Website
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Tax Team Services Instagram:
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Tax Team Service Facebook:
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#AskJenniPodcast #LifeBalance #BusinessGrowth #DailyRoutine #EntrepreneurLife #FamilyFirst #ProductivityTips #WorkLifeBalance #accountability
#BusinessGrowth #OvercomeBottlenecks #EntrepreneurTips #BusinessSuccess #SmallBizTips #StartupLife #LeadershipGoals #EfficiencyHacks #GrowthMindset #InnovationInBusiness #BusinessStrategy #ProductivityBoost #Entrepreneurship #BusinessCoaching #ScaleYourBusiness