Workbook one
Tax Flow for Contractors
Build a tax plan for the year, set your quarterly estimates, and get your books to the point where they answer questions.
Tax Flow for Contractors
Measure twice. Deduct once.
A 12-month coaching program from a CPA firm that works with the trades. You learn your numbers, plan your taxes before they're due, and pay yourself on purpose. It all runs on one weekly habit: Tax Flow Friday.
Not ready to talk? Get the free Tax Flow Friday Scorecard.
This Friday15–20 min
- Split deposits 25 / 10 / 65
- Check account balances
- Quarterly estimate on track
- Owner pay on schedule
- Open invoices and job costs vs. bid
- One thing to fix next week
Who it's for
You run the jobs. The numbers run you.
Tax Flow is for owners of contracting businesses: electricians, builders, landscapers, handymen and other trades. You're busy and profitable on paper, but taxes still show up as a surprise.
Surprised in April
Quarterly estimates get skipped or guessed, and the tax bill lands all at once.
Unsure what to pay yourself
Draws come out when there's cash in the account, not on a plan.
Pricing by feel
Bids cover materials and labor but not the real cost of running the business.
The weekly habit
Every Friday, know your numbers.
Tax Flow Friday is the center of the program. Once a week, before the weekend, you spend 15 to 20 minutes on the same short list. Small problems show up while they're still small, and tax time stops being a surprise.
What you check
- Deposits this week, split 25/10/65
- Balances in each account
- Quarterly estimate on track
- Owner pay on schedule
- Open invoices / AR
- Job costs vs. bid
- Bids out and won
- One thing to fix next week
Every deposit gets a job: 25 / 10 / 65
Each week, deposits are split three ways, so the money for taxes and profit is set aside before it gets spent.
Tax reserve25%
Profit10%
Operating65%, including owner pay
The method uses a 20–25% tax set-aside. Owner pay comes out of the 65%, on a schedule, not whenever there's cash.
You know how to work your business, but you don't know how your business works.
The program
Twelve months. Three workbooks. One rhythm.
You work with Padgett & Padgett every week for a full year. Each phase is built around one of Steve's three books, so the work stays on paper and on your desk instead of in your head.
Paid levels include a weekly Tax Flow email, a review of your numbers, and either a weekly video walkthrough or a weekly 30-minute Zoom with Steve's team.
Workbook two
Pay Flow for Contractors
Decide what you pay yourself, what each job really costs, and how to price so the business keeps what it earns.
Workbook three
Deduction Flow for Contractors
Keep the records that back up your deductions, so the business recovers what it legitimately spends.
- Pay
- Cost
- Price
- Recover
- Measure
- Improve
Start free in our Skool community. Paid Tax Flow Friday levels start at $650/month for a 12-month program, with annual tax prep included when you complete the year.
How it starts
Three steps to your first plan
Book a call
A short conversation about your business, your trade, and what keeps surprising you at tax time.
Bring your numbers
Last year's return and your current books. We look at where the money goes before we change anything.
Start the year
You get the workbooks and your weekly schedule, and we build your tax plan together.
Start this Friday. Free.
Get the Tax Flow Friday Scorecard.
A one-page sheet for your Friday check: your 25/10/65 split, account balances, quarterly estimate, owner pay, open invoices, job costs, bids, and one thing to fix next week.
Print it, keep it by the desk, and fill it in every Friday. It's the same sheet the program uses.
Get the free scorecard
One page. Print it, fill it in every Friday, and bring it to your call.
Your coach
Steve Padgett, CPA, CGMA
Steve is the Managing Member of Padgett & Padgett, PLLC, Certified Public Accountants in Mount Vernon, WA, with over 33 years of experience.
He co-founded the firm with his father, Ray (co-founder, retired), and wrote the three books the program is built on. Tax Flow puts that work on a weekly schedule, so you're not waiting until April to find out how the year went.
Ready to know your numbers?
Book a call with Steve
Pick a time that works for you. No cost and no obligation.