THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

What Are Receipts Actually For?

LISTEN AND SUBSCRIBE HERE
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

Read More

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

Read More

What are your money concerns?
Suggest a blog topic for Hannah here.