Harrison Patton (@realharrisonpat) 's Twitter Profile
Harrison Patton

@realharrisonpat

Founder of Kaizen Accounting. I help businesses save thousands annually with strategic tax planning.

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linkhttps://www.kaizen-accounting.com/ calendar_today19-06-2023 00:56:41

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Been hearing a lot of Claude > ChatGPT lately. Curious opinions on use cases for tax/accounting and content creation use cases. Seems like the reasoning might be a lot stronger and hold together during extended use

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Most business owners focus on making more money. Very few focus on keeping it. The tax code is full of legal strategies designed to let business owners hold onto more of what they earn. Not because the system is broken. Because the tax code was written to incentivize economic

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I left PwC to build Kaizen Accounting. Most people thought I was giving up a good thing. And honestly, the first few months were uncomfortable. Not because the work was hard but because building something from scratch requires a different kind of discipline than climbing someone

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Having trouble getting Claude for Excel to work. Keep getting a deployment error no matter which way I try to connect it. Anyone run into this and found a way to make it work?

Harrison Patton (@realharrisonpat) 's Twitter Profile Photo

IRS Section 162(a) says you can deduct any expense that's "ordinary and necessary" to your business. That's it. That's the permission slip. Your accountant didn't show you that because most accountants aren't thinking about what you can do. They're thinking about what's safe

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Most accountants bill by the hour. Think about what that actually means for you. Every extra call, every back-and-forth email, every hour they spend doing something a better system would handle in twenty minutes - that's more money out of your pocket. The billing model itself

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Everybody wants the result. The portfolio, the passive income, the business that runs without them. But the result is just the end of a long chain of boring decisions nobody sees. The workout at 5am when you didn't sleep well. The books closed and reviewed every week, not just

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"I'll start worrying about taxes when I make more money." That's the most expensive sentence in entrepreneurship. The business owner making $500K didn't figure out tax strategy at $500K. They figured it out at $40K. By the time the income got big, the foundation was already

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Had a client come to me making around $150K a year. Solid business. But they were operating as a single member LLC so no real structure, no strategy. Just paying whatever the IRS said they owed. To combat this we changed their setup. First thing: S-Corp election. That move

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Some days you'll show up for several hours and it still feels like you got nothing done for the day. The key is that you showed up and gave it your all. Wake up tomorrow and get back to it

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I fell off journaling for a few months. Got back into it recently. The difference in how I think is immediate. Journaling forces you to slow down and actually decide what you believe about something. Most people (myself included) never do that. We react, we scroll, we move on to

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Had a client come to me a while back - freelance videographer, pulling in around $9K a month, been in business two years. Smart guy. Worked hard. Paid his taxes every year without question. Problem was, he was paying taxes on almost all of it. When I looked at his books, he

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Everyone celebrates the launch of a new business or product. Nobody talks about the 14 months before it. The overnight success narrative is almost always a myth. The person you're watching blow up right now, they were grinding in silence long before anyone cared. The overnight

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Your last accountant played it so safe you still wrote a big check to the IRS every single year. And when you asked why, they said "that's just how it is." But, that's not how it is. That's a planning failure and it's one of the most expensive mistakes a business owner can

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I've been sitting on this for a few weeks because I wanted to make sure I actually applied it before I talked about it. Alex Hormozi said something that completely changed how I run my business and I think most people hear it and nod and then go back to doing exactly what they

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The difference between the person you want to be and the person you are now is the sum of your habits. It's a simple math equation that most people can't figure out. Your life is a sum of your daily habits. If you stack days of habits that the average person would do then you