THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Sunlight Podcast, Personal Finance Hannah Cole Sunlight Podcast, Personal Finance Hannah Cole

Year End Savings: Charitable Deductions

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Today, I’m continuing my series about year-end tax saving tips and talking about charitable contributions and their tax implications for self-employed individuals including strategies for maximizing your charitable contributions. 

Listen to this episode to get all the information you need to maximize your charitable donations and to learn the tax limitations of donating your creative work.  

Listen and Subscribe Here

Today, I’m continuing my series about year-end tax saving tips and talking about charitable contributions and their tax implications for self-employed individuals including strategies for maximizing your charitable contributions. 

 

Listen to this episode to get all the information you need to maximize your charitable donations and to learn the tax limitations of donating your creative work.  

 

Also mentioned in today’s episode: 

  • Itemized deductions vs. standard deductions 2:30

  • Strategies for maximizing your charitable contributions 12:44

  • Donating creative work and tax implications 15:03

 

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


Links:

Qualified tax exempt organization search

Mutual Aid: All the Tax Info You Need

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3 Keys to Unlock Your Money Mindset

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Today, I’m talking about the emotional and psychological challenges of navigating money as a self-employed individual and sharing my own personal experiences with money mindset struggles while giving you some tips on how you can push past these mindset blocks. 

Join me in this episode to learn the 3 keys on how to shift your mindset away from thinking negatively about money and gain some practical advice on how to improve your money skills.

Listen and subscribe here

Today, I’m talking about the emotional and psychological challenges of navigating money as a self-employed individual and sharing my own personal experiences with money mindset struggles while giving you some tips on how you can push past these mindset blocks. 

 

Join me in this episode to learn the 3 keys on how to shift your mindset away from thinking negatively about money and gain some practical advice on how to improve your money skills.

 

Also mentioned in today’s episode: 

  • Setting boundaries and overcoming guilt 2:30

  • Understanding the neutrality of money 11:40

  • The 3 keys to shifting your money mindset 19:10

 

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

Links:

My program: Money Bootcamp.

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Sunlight Podcast, Business Management Hannah Cole Sunlight Podcast, Business Management Hannah Cole

Why You Get Stuck in a Tax Pain Cycle

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In today’s episode, I’m chatting about the common cycle of pain self-employed individuals face during tax season and how tax preparation services often lack the education necessary to break this cycle.

Join me today to learn how you can implement systems that can help you avoid large, unexpected tax bills and penalties going forward. 

Listen and subscribe here

In today’s episode, I’m chatting about the common cycle of pain self-employed individuals face during tax season and how tax preparation services often lack the education necessary to break this cycle.

 

Join me today to learn how you can implement systems that can help you avoid large, unexpected tax bills and penalties going forward. 

 

Also mentioned in today’s episode: 

  • The cycle of pain: the initial challenges 4:12

  • Surprise tax bill and its consequences 4:50

  • Breaking the cycle of pain with simple systems 10:25

 

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


Links:

Register for the free class, Make Taxes Simple and Stash an Extra $130k in Your Savings.

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Sunlight Podcast, Business Management Hannah Cole Sunlight Podcast, Business Management Hannah Cole

Corporations: Why You're Feeling so Confused

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Today, I’m giving you a short and sweet episode where I discuss the confusion surrounding the term "corporation" in tax and business contexts and explain how the word can be used differently depending on who is using it.  

Join me in this episode to get some clarification on the term “corporation” and how it relates to you as a business owner. 

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Today, I’m giving you a short and sweet episode where I discuss the confusion surrounding the term "corporation" in tax and business contexts and explain how the word can be used differently depending on who is using it.  

 

Join me in this episode to get some clarification on the term “corporation” and how it relates to you as a business owner. 

 

Also mentioned in today’s episode: 

  • Understanding the confusion around the word “corporation” 1:10

  • Clarifying the tax structures of small businesses 3:11

  • The role of LLC’s 6:36

 

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

Links:

Register for the free class, Make Taxes Simple and Stash an Extra $130k in Your Savings.

Watch YouTube video version

Read More
Sunlight Podcast, Personal Finance Hannah Cole Sunlight Podcast, Personal Finance Hannah Cole

The Free Tools on Investor.gov: Test Your Investing IQ

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In today’s episode, I’m talking about the importance of understanding investing fees and sharing some of the free resources and tools available that you can use to learn about investing principles and spot potential scams. 

Join me to learn more about investing and the long-term impact that fees can have on your investment return. 

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In today’s episode, I’m talking about the importance of understanding investing fees and sharing some of the free resources and tools available that you can use to learn about investing principles and spot potential scams. 

 

Join me to learn more about investing and the long-term impact that fees can have on your investment return. 

 

Also mentioned in today’s episode:  

  • The importance of diversification 5:20

  • My personal investment strategy 5:50

  • The impact of investment fees 12:26

  • Investor.gov and free resources available 19:00

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

Links:

Take the investing quiz 

Use the compound interest calculator

John Bogle (inventor of index funds) on fees

Come to the Money Bootcamp Open House

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