THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Practical and Tactical Tax Hannah Cole Practical and Tactical Tax Hannah Cole

Real Talk: My Experience Using TaxSlayer

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Today, I’m sharing my personal experience using a commercial tax software, Tax Slayer, and highlighting some of the limitations and lack of transparency I observed. I’m also chatting about some of my frustrations and the unethical practices I saw while using the program.  

Join me in this episode, to hear my tax filing experience and why I think it’s so important to have a tax education. 

Listen and Subscribe Here

Today, I’m sharing my personal experience using a commercial tax software, Tax Slayer, and highlighting some of the limitations and lack of transparency I observed. I’m also chatting about some of my frustrations and the unethical practices I saw while using the program.  

 

Join me in this episode, to hear my tax filing experience and why I think it’s so important to have a tax education. 

 

Also mentioned in today’s episode: 

  • Some of the mistakes I encountered with Tax Slayer 5:06

  • Unexpected fees and unethical practices 9:49

  • Why tax education is so important to reduce confusion 15:44

If you enjoyed this episode, please rate, review and share it! 

Links:

IRS Direct File Program

Register for my Money Bootcamp Open House

Watch YouTube video version

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1099 vs W2 Income and Why it Matters

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1099 vs W2 Income and Why it Matters

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

LISTEN AND SUBSCRIBE HERE

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

  

Also mentioned in today’s episode: 

  • The main differences between 1099 and W2 income when it comes to taxes 2:30

  • The importance of bookkeeping when you’re self-employed 5:45

  • The importance of keeping records and being prepared for IRS inquiries 14:53

If you enjoyed this episode, please rate, review and share it! 

Links: 

FREE MASTERCLASS: Make Taxes Easier and Stash an Extra $130k in Your Savings

sunlighttax.com/deductions

Watch the Youtube video version

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Tips to Make Your Taxes Better Right Now

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Tips to Make Your Taxes Better Right Now

In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants. 

Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.

LISTEN AND SUBSCRIBE HERE

In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants.

 

Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.

 

Also mentioned in today’s episode: 

  • Why you should associate bookkeeping with self-care activities 5:53

  • When you should book your appointment with a tax advisor and why it helps if it’s earlier 10:33

  • What is the triple deadline of April 15th? 17:52

If you enjoyed this episode, please rate, review and share it! 

Links:

De-stress your taxes checklist: https://pod.link/1640538610/episode/829669c4f27589e3572ba3c2c497f24b

Issuing 1099s:

https://pod.link/1640538610/episode/5e3fdee788bf841e0aaeb5b3734e395b

Watch Youtube Video Version

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1099s Deep Dive: Listener Questions

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1099s Deep Dive: Listener Questions

Today,  I’m going over some listener questions about 1099 tax forms and clarifying some issues that might arise for you as an artist or creative entrepreneur. I’m also giving you some advice on what to do if you get an incorrect 1099 form after filing taxes.  

Join me in this episode to get a head start on your 1099 filings and to learn all the important details of filing correctly so you can avoid any penalties. 

LISTEN AND SUBSCRIBE HERE

Today,  I’m going over some listener questions about 1099 tax forms and clarifying some issues that might arise for you as an artist or creative entrepreneur. I’m also giving you some advice on what to do if you get an incorrect 1099 form after filing taxes. 

 

Join me in this episode to get a head start on your 1099 filings and to learn all the important details of filing correctly so you can avoid any penalties. 

 

Also mentioned in today’s episode: 

  • 1099 reporting regulations for freelancers 2:20

  • Tips for artists to issue 1099 form 6:55

  • Common 1099 mistakes 8:50

  • How to handle an unexpected 1099 14:18

  • The penalties associated with not filing 1099s 19:50

If you enjoyed this episode, please rate, review and share it! 

Links:

Short course on issuing 1099s

Sunlight episode on 1099s

https://www.sunlighttax.com/moneybootcampimpact

Watch Youtube video version

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What Are Receipts Actually For?

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What Are Receipts Actually For?

In today's episode, I’m explaining and going into detail about receipts and bookkeeping for self-employed creatives, including why keeping receipts is important and how you can keep yourself organized for tax season. 

Listen to this important episode to learn more about when you need to keep receipts, where you can keep your receipts so you have them ready if needed and some of the common deductions you can take. 

LISTEN AND SUBSCRIBE HERE

In today's episode, I’m explaining and going into detail about receipts and bookkeeping for self-employed creatives, including why keeping receipts is important and how you can keep yourself organized for tax season. 

 

Listen to this important episode to learn more about when you need to keep receipts, where you can keep your receipts so you have them ready if needed and some of the common deductions you can take. 

 

Also mentioned in today’s episode:  

  • Should you be sorting your receipts? 9:30

  • Should you worry about being audited? 13:45

  • How you can organize your receipts to make it easier 20:20

  • Why you need to separate your business and personal finances 22:05

If you enjoyed this episode, please rate, review and share it! 

 

Episodes mentioned:  

Respect Your Work, Then Get Organized

 

Links:

https://www.sunlighttax.com/podcastguide

https://www.sunlighttax.com/openhouse 

https://www.sunlighttax.com/moneybootcampimpact

Watch Youtube video version here

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