THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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What's Going on in the Economy Right Now?
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What's Going on in the Economy Right Now?
Today, a timely bonus episode: I’m breaking down what’s going on in the economy right now, both in the US and globally, including whether or not we’re heading toward a recession, whether that actually matters, and how you can benefit from one. I’m also deep diving into some of the common economic terms like inflation and interest rates, and how it affects the economy at large, and you as a creative entrepreneur.
Listen in to hear some important and exciting information about my program Money Bootcamp, including a 3-day flash sale: my only sale of the season.
Get it through 9/30 at: https://www.sunlighttax.com/moneybootcampflashsale
LISTEN & SUBSCRIBE HERE
Today, a timely bonus episode: I’m breaking down what’s going on in the economy right now, both in the US and globally, including whether or not we’re heading toward a recession, whether that actually matters, and how you can benefit from one. I’m also deep diving into some of the common economic terms like inflation and interest rates, and how it affects the economy at large, and you as a creative entrepreneur.
Listen in to hear some important and exciting information about my program Money Bootcamp, including a 3-day flash sale: my only sale of the season.
Also mentioned in today’s episode:
Are we heading toward a recession and what is a recession? 4:40
Will a recession affect you as a creative entrepreneur? 6:10
How you can benefit from a recession 7:23
Why interest rates are rising 8:01
What’s happening economically globally 15:17
I Bonds 20:40
My program Money Bootcamp and how it’s changed 24:14
Announcing the one and only sale of this season: flash sale on Money Bootcamp ends Friday 9/30 at midnight
Links:
To get $200 off Money Bootcamp for 3 days only go to:
Paddy Johnson: Real Talk on How to Succeed in the Arts
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Paddy Johnson: Real Talk on How to Succeed in the Arts
Can you solve the art world’s problem’s for us in one sentence, Paddy?
“Ask for more.”
Paddy Johnson is a writer, educator and the founder of VVrkshop, an online platform designed to help artists and art professionals connect with other artists, get more shows, residencies and grants.
In today’s episode, Paddy and I talk about some of the inherent problems facing professional artists today and why it’s so important to build a strong network and community when working as a career artist. Paddy unlocks the real reason you should be sending a weekly newsletter, makes a startling confession, talks about her “24 hour fix,” and even makes me cry.
LISTEN & SUBSCRIBE HERE
Can you solve the art world’s problem’s for us in one sentence, Paddy?
“Ask for more.”
Paddy Johnson is a writer, educator and the founder of VVrkshop, an online platform designed to help artists and art professionals connect with other artists, get more shows, residencies and grants.
In today’s episode, Paddy and I talk about some of the inherent problems facing professional artists today and why it’s so important to build a strong network and community when working as a career artist. Paddy unlocks the real reason you should be sending a weekly newsletter, makes a startling confession, talks about her “24 hour fix,” and even makes me cry.
Also mentioned in today’s episode:
Conservatism in the art world 3:41
Finding the right program for you as an artist 7:38
Income inequality in the art world 12:00
Why you should be asking for more money as an artist 16:36
The importance of a network and community when working as an artist 22:01
A good solution to art problems 26:30
Confidence as an art professional 27:30
The real key to why you should send out your weekly newsletter 31:00
How to effectively network and build relationships 33:07
Paddy’s confession 36:00
VVrkshop and Netvvrk and the reason why Paddy started her programs 41:47
The 24-hour fix 48:00
Paddy makes me cry 49:00
If you enjoyed this episode, please rate, review and share it.
Links:
W.A.G.E., Working Artists and the Greater Economy.
Connect with Paddy:
Paddy’s membership: https://www.vvrkshop.art/
Watch Paddy’s free class How to Get More Shows
Proof You're Doing Fine: Break Even Point
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Proof You're Doing Fine: Break Even Point
I often see creative entrepreneurs struggling with mindset issues when it comes to the idea of being an official business owner and not knowing when to file their Schedule C.
Today, I explain why it’s important to know when the IRS recognizes your business as official, the self-employment tax deductions you can take advantage of once you start your business and what the breakeven point is when you’re an entrepreneur.
LISTEN & SUBSCRIBE HERE
I often see creative entrepreneurs struggling with mindset issues when it comes to the idea of being an official business owner and not knowing when to file their Schedule C.
Today, I explain why it’s important to know when the IRS recognizes your business as official, the self-employment tax deductions you can take advantage of once you start your business and what the breakeven point is when you’re an entrepreneur.
Also mentioned in today’s episode:
Why the first year in business is a very tax advantaged year 2:50
How to know when your business has officially started according to the IRS 4:18
When to file your first Schedule C 7:05
Normalizing the idea of spending money before earning a profit as a sole proprietor 10:44
The economic and business idea of a breakeven point 14:56
Income tax and how the IRS defines a business and the importance of profit motive 19:28
If you enjoyed this episode, please rate, review and share it!
Links:
Mileage: The Best Tax Deduction You're Missing
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Mileage: The Best Tax Deduction You're Missing
Today, I’m talking about one of the best tax deductions you should be taking as a creative entrepreneur and one that often gets missed: the mileage deduction.
In this episode, I explain why you should track business mileage for your taxes and how to get the most out of this tax deduction. I’m also sharing some easy, actionable steps for you to get started with keeping track of your mileage today.
LISTEN & SUBSCRIBE HERE
Today, I’m talking about one of the best tax deductions you should be taking as a creative entrepreneur and one that often gets missed: the mileage deduction.
In this episode, I explain why you should track business mileage for your taxes and how to get the most out of this tax deduction. I’m also sharing some easy, actionable steps for you to get started with keeping track of your mileage today.
You can get a 20% discount on MileIQ using this code: HCOL124A This is an affiliate link, but I want you to know that I use MileIQ in my own business, because I think it’s the best one.
Also mentioned in today’s episode:
The two different ways you can take mileage deduction 3:04
Why mileage can be such an awesome tax deduction for entrepreneurs 5:55
How to make keeping track of your mileage easy 6:39
Keeping track of your mileage in 2022 8:58
Actionable tips for getting started with mileage today 10:05
If you enjoyed this episode, please rate, review, and share it!
Links:
Erika Hess: Podcasting, Art, Motherhood and Widening the Circle
LISTEN & SUBSCRIBE HERE
Erika Hess: Podcasting, Art, Motherhood and Widening the Circle
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