🎥 Why Your First Tax Return is a Big Deal! 🚨💰 Most tax elections can’t be changed later, so you need to get them right from the start! One key decision? How you handle unrealized gains and losses. If cash flow is important to you, choosing Realization Basis (Election B - All Capital Assets) can save you from paying taxes on money you never actually received. Make smart choices now—your future self will thank you! 🙌💡 #TaxTips #BusinessTaxes #CashFlow #TaxPlanning #FinanceHacks #MoneyMatters