THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Estimated Quarterly Taxes: Breaking It Down

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Estimated Quarterly Taxes: Breaking It Down

If you’re a creative entrepreneur, chances are that you might be confused with the idea of paying your estimated quarterly taxes.

Today, I’m breaking down all of the details about estimated quarterly taxes including how to know what you owe and when you need to submit payment to the IRS. 

Join me in this informative episode to learn how you can stay caught up on your taxes and how you can avoid a large, unexpected tax bill.

LISTEN & SUBSCRIBE HERE

If you’re a creative entrepreneur, chances are that you might be confused with the idea of paying your estimated quarterly taxes.

Today, I’m breaking down all of the details about estimated quarterly taxes including how to know what you owe and when you need to submit payment to the IRS. 

Join me in this informative episode to learn how you can stay caught up on your taxes and how you can avoid a large, unexpected tax bill.

Also mentioned in today’s episode: 

  • What is a pay as you go tax system? 3:11

  • How estimated quarterly taxes work 15:42

  • The dates you need to know 18:30

  • How you can calculate your payment 21:02

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

Links:

Understand your Taxes and Make Money Free Class: https://go.sunlighttax.com/free

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1099s: Your Top Questions

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1099s: Your Top Questions

This week, I’m giving you a quick and practical episode answering some of the common questions I’ve received about 1099s so I can clarify any confusion before this upcoming tax season.  

Join me in this episode to get important details and information about 1099s including what you should do if you don’t receive one from someone who’s paid you.

LISTEN & SUBSCRIBE HERE

This week, I’m giving you a quick and practical episode answering some of the common questions I’ve received about 1099s so I can clarify any confusion before this upcoming tax season.  

Join me in this episode to get important details and information about 1099s including what you should do if you don’t receive one from someone who’s paid you.

Also mentioned in today’s episode: 

  • Do you need to report your income when it’s under $600? 3:10

  • Correcting incorrect 1099’s 5:42

  • What to do if someone refuses to give you a 1099 8:35

  • Penalties for not reporting all of your income 18:33

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

 

Links:

All About 1099s Workshop

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Tips to Set Up for Easy Taxes

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Tips to Set Up for Easy Taxes

Preparing for tax season can be overwhelming especially if you’re a business owner. 

In this week’s episode, I’m sharing some of the easy tips I have for you as a creative entrepreneur preparing for tax season.  

 Join me in this informative episode to learn the action tips you need to take today to make your tax season seamless and stress-free. 

LISTEN & SUBSCRIBE HERE

Preparing for tax season can be overwhelming especially if you’re a business owner. 

In this week’s episode, I’m sharing some of the easy tips I have for you as a creative entrepreneur preparing for tax season.  

Join me in this informative episode to learn the action tips you need to take today to make your tax season seamless and stress-free. 

Also mentioned in today’s episode: 

  • How to start tracking your mileage 3:00

  • How to set up a plan for your tax documents 6:47

  • Organizing your receipts 9:11

  • The importance of bookkeeping 10:35

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

Links:

You can get a 20% discount on MileIQ using this code: HCOL124A
Episode #4: Mileage The Best Tax Deduction You’re Missing

Episode #27: How to Issue 1099s

https://www.sunlighttax.com/deductionsguide

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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

https://www.sunlighttax.com/deductionsguide

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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

https://go.sunlighttax.com/free

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