Blog

The Profitable Painter Blog

Blog

The Paint By Numbers Blog

Subscribe now
blog image

Revamping Business Expenses: A Case Study from Cancun

August 04, 20231 min read

August 4, 2023

Season 1, Episode 12

Description:

Remember that vacation to Cancun you've always dreamed of? What if we told you, you can experience it all, while learning how to save on taxes for your business? Daniel, the founder of Bookkeeping for Painters, and Richard, our tax director, share their experience of planning an epic company retreat in Cancun that served as an amazing team-building exercise while also being a clever tax-saving strategy. We explore how to use fun, experiences, and appreciation as a vehicle to achieve work goals and save on taxes. We promise to give you an insight into how to create memorable employee experiences that are not subject to payroll taxes or income taxes. 

We then discuss our top tips for successful event planning that can benefit both your team and your budget. It's not just about the expenses; it's about fostering a positive work environment and boosting team morale. Richard, with his expertise in taxes, breaks down the tax benefits tied to these strategies. We extend an invitation to you, our listeners, to share your experiences of planning similar events and ask questions about maximizing tax savings. Brace yourself for a session packed with valuable insights on employee appreciation and tax savings. Let's transform the way we look at business expenses and employee appreciation, together!

Subscribe to the Profitable Painter Podcast

employee appreciation
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog
blog image

Revamping Business Expenses: A Case Study from Cancun

August 04, 20231 min read

August 4, 2023

Season 1, Episode 12

Description:

Remember that vacation to Cancun you've always dreamed of? What if we told you, you can experience it all, while learning how to save on taxes for your business? Daniel, the founder of Bookkeeping for Painters, and Richard, our tax director, share their experience of planning an epic company retreat in Cancun that served as an amazing team-building exercise while also being a clever tax-saving strategy. We explore how to use fun, experiences, and appreciation as a vehicle to achieve work goals and save on taxes. We promise to give you an insight into how to create memorable employee experiences that are not subject to payroll taxes or income taxes. 

We then discuss our top tips for successful event planning that can benefit both your team and your budget. It's not just about the expenses; it's about fostering a positive work environment and boosting team morale. Richard, with his expertise in taxes, breaks down the tax benefits tied to these strategies. We extend an invitation to you, our listeners, to share your experiences of planning similar events and ask questions about maximizing tax savings. Brace yourself for a session packed with valuable insights on employee appreciation and tax savings. Let's transform the way we look at business expenses and employee appreciation, together!

Subscribe to the Profitable Painter Podcast

employee appreciation
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog

©2021 Online Bookkeep LLC® - Do not copy mockup. All rights reserved