THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

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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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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What Small Business Bookkeeping is Actually For

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What Small Business Bookkeeping is Actually For

Bookkeeping and accounting are topics that can intimidate and confuse a lot of entrepreneurs so in today’s episode, I’m deep diving into what bookkeeping really is and why you need it as a business owner. I’m also sharing who actually needs a complicated bookkeeping system and who can stick to something simple. 

Join me in this episode to get a quick lesson on bookkeeping and learn how you can stay ahead of the tax season as a creative entrepreneur. 

LISTEN & SUBSCRIBE HERE

Bookkeeping and accounting are topics that can intimidate and confuse a lot of entrepreneurs so in today’s episode, I’m deep diving into what bookkeeping really is and why you need it as a business owner. I’m also sharing who actually needs a complicated bookkeeping system and who can stick to something simple. 

Join me in this episode to get a quick lesson on bookkeeping and learn how you can stay ahead of the tax season as a creative entrepreneur. 

Also mentioned in today’s episode: 

  • Audited financials and what it means 3:24

  • Double-entry bookkeeping and why you probably don’t need complicated things 10:06

  • How to break out key categories in a tax return 17:19

  • Tracking things for your tax return that don’t get tracked in bookkeeping software 19:13

  • Why financial training is important 26:29

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

Links:

https://www.sunlighttax.com/deductionsguide

https://go.sunlighttax.com/free

Subscribe to our Youtube Channel

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Receipts & Bookkeeping Demystified: Money School bonus series

LISTEN AND SUBSCRIBE HERE

Receipts & Bookkeeping Demystified: Money School bonus series

Receipts. Your tax return. Bookkeeping. In this week’s episode and part of the Money School series, I’m sharing three different systems that you need for your business when it comes to managing taxes so you can get more organized and be less stressed. When you understand the difference between these three things, you will stop wasting time, and you will instantly feel more organized.

LISTEN AND SUBSCRIBE HERE

Receipts. Your tax return. Bookkeeping. In this week’s episode and part of the Money School series, I’m sharing three different systems that you need for your business when it comes to managing taxes so you can get more organized and be less stressed. When you understand the difference between these three things, you will stop wasting time, and you will instantly feel more organized.

I’m also explaining why you might be getting confused as a creative entrepreneur during tax time and how you can take control of your finances with some actionable steps and tools.

Also mentioned in today’s episode: 

  • What are receipts and why are they so important 5:14

  • Third party verification 8:00

  • Why bookkeeping is so critical if you’re self-employed 12:35

  • The difference between bookkeeping and taxes 14:45

  • Building your own tax spreadsheet 23:00

  • Understanding the why behind your bookkeeping 25:20

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

Links:

register for the Free Masterclass

https://www.sunlighttax.com/deductionsguide

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