THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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How to Issue 1099s
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How to Issue 1099s
In this week’s special bonus episode, I’m breaking down any confusion and explaining all of the details you need to know about 1099’s as a creative entrepreneur, including whether or not you need to issue one to your independent contractors.
Join me in this episode to get a head start on the upcoming tax season and to hear about the live workshop I’m hosting to help you get prepared when it comes to 1099’s.
LISTEN & SUBSCRIBE HERE
In this week’s special bonus episode, I’m breaking down any confusion and explaining all of the details you need to know about 1099s as a creative entrepreneur, including whether or not you need to issue one to your independent contractors.
Join me in this episode to get a head start on the upcoming tax season and to hear about the live workshop I’m hosting to help you get prepared when it comes to 1099s.
Also mentioned in today’s episode:
Penalties for not issuing 1099’s on time
Exceptions for issuing 1099’s
ACH transfers
Getting a 1099 and W9
What you can do today to prepare
If you enjoyed this episode, please rate, review and share it!
Links:
https://courses.sunlighttax.com/1099
10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It
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10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It
Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money.
Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth.
LISTEN & SUBSCRIBE HERE
Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money.
Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth.
Also mentioned in today’s episode:
Why is it so difficult for us to get on top of our money
Mission-driven people and why they can get into a bad relationship with money
The difference between having tax knowledge vs bookkeeping knowledge
The 3 part system you need to grow your money
How its possible for you to have a modest income and big stash of money
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/deductionsguide
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
Taxes, Democracy, and the Largest Climate Bill in US History
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Taxes, Democracy, and the Largest Climate Bill in US History
In this first episode of 2023, I’m sharing some of what the Biden administration has accomplished and the incredible strides that have come from the newly passed Inflation Reduction Act.
I go into detail on how the Inflation Reduction Act could directly benefit you and why this act is such a big deal for the environment.
LISTEN & SUBSCRIBE HERE
In this first episode of 2023, I’m sharing some of what the Biden administration has accomplished and the incredible strides that have come from the newly passed Inflation Reduction Act.
I go into detail on how the Inflation Reduction Act could directly benefit you and why this act is such a big deal for the environment.
Also mentioned in today’s episode:
Why the tax code isn’t equitable 9:46
Why getting involved in local politics is important 18:38
The importance of subsidies for clean energy sources 29:40
Why you might not have to wait for a tax return for your tax credit 31:50
The health insurance premium tax credit 37:45
If you enjoyed this episode, please rate, review and share it!
Links:
EPISODE 11: VISION: RUNNING FOR OFFICE
https://www.sunlighttax.com/deductionsguide
Taylor Smalls: Taking the Leap from Architecture to Full Time Art
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Taylor Smalls: Taking the Leap from Architecture to Full Time Art
Taylor Smalls is a contemporary painter who runs her own studio practice based in California.
In today’s episode, Taylor joins me to chat about how she made the shift from working in architecture to being a full-time artist and what she’s learned along the way with pricing and business structure.
Join us in this episode as we share valuable tips on making the leap from corporate to creative entrepreneur and how you can learn to communicate the value of your art when selling.
LISTEN & SUBSCRIBE HERE
Taylor Smalls is a contemporary painter who runs her own studio practice based in California.
In today’s episode, Taylor joins me to chat about how she made the shift from working in architecture to being a full-time artist and what she’s learned along the way with pricing and business structure.
Join us in this episode as we share valuable tips on making the leap from corporate to creative entrepreneur and how you can learn to communicate the value of your art when selling.
Also mentioned in today’s episode:
What Taylor got a handle on before she took the leap to full-time artist 3:25
Why getting rid of debt was a motivator 15:15
Pricing as an energetic exchange 20:31
Taylor's approach to pricing in the tech space 23:35
Talking about money in the art world 25:02
How the art world can be intimidating to the buyer 27:36
Communicating the value of your art 33:35
If you enjoyed this episode, please rate, review and share it!
Links:
What are your money concerns?
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