THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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How to Stash More FU Money: The SECURE 2.0 Act Expands Your Retirement-Funding Options
LISTEN & SUBSCRIBE HERE
How to Stash More FU Money: The SECURE 2.0 Act Expands Your Retirement-Funding Options
Today, I’m sharing with you some information about the recently passed Secure 2.0 Act and how it can help you stash more FU money and expand your retirement funding.
Listen to this episode to hear all of the details about the Secure 2.0 Act, how you can take advantage of it with your retirement plan and why it’s so helpful for every tax payer.
Today, I’m sharing with you some information about the recently passed Secure 2.0 Act and how it can help you stash more FU money and expand your retirement funding.
Listen to this episode to hear all of the details about the Secure 2.0 Act, how you can take advantage of it with your retirement plan and why it’s so helpful for every tax payer.
Also mentioned in today’s episode:
What is the Secure 2.0 Act? 8:28
How the Secure 2.0 Act helps with retirement funding 12:15
How you can take advantage of this act with your retirement 18:45
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/moneybootcamp2023
I use a service (Guideline) that plugs into my payroll software (Gusto - this is my referral link, and it will save you $100. I *highly* recommend Gusto for running payroll and paying contractors/complying with 1099s/W2s). Guideline is so affordable and streamlined that even as a small employer, I have no trouble maintaining my 401k.
The Mental Load of Financial Fear
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The Mental Load of Financial Fear
Are you feeling judgement or fear when it comes to your taxes and finances?
Today, I’m talking about the mental load of financial fear and the anxiety you might have surrounding your taxes or retirement as a creative entrepreneur. I’m also sharing why it’s so important to our creative practice to break through those fears so you can increase your impact in this world.
Join me to learn more about how you can move past any disorganization and fearful thoughts you have about money and become more organized and financially secure.
Are you feeling judgement or fear when it comes to your taxes and finances?
Today, I’m talking about the mental load of financial fear and the anxiety you might have surrounding your taxes or retirement as a creative entrepreneur. I’m also sharing why it’s so important to our creative practice to break through those fears so you can increase your impact in this world.
Join me to learn more about how you can move past any disorganization and fearful thoughts you have about money and become more organized and financially secure.
Also mentioned in today’s episode:
The fear of judgement 4:10
The mental load of feeling stressed and disorganized 8:45
How tax planning and taking charge of your finances would change your life 10:55
If you enjoyed this episode, please rate, review and share it!
Links:
To sign up for the free live class, Understand Your Taxes and Make Money, register here: https://go.sunlighttax.com/free
Do I Need an LLC?
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Do I Need an LLC?
One of the top questions I get asked in my one to one consultations as a tax accountant for creative entrepreneurs is: Do I need an LLC?
Today, I’m diving into LLC’s and explaining from an accounting perspective the details of why entrepreneurs might consider changing their business status to an LLC and the benefits that come along with it.
Join me in this episode to learn more about LLC’s and why having one doesn’t define your business status.
LISTEN & SUBSCRIBE HERE
One of the top questions I get asked in my one to one consultations as a tax accountant for creative entrepreneurs is: Do I need an LLC?
Today, I’m diving into LLC’s and explaining from an accounting perspective the details of why entrepreneurs might consider changing their business status to an LLC and the benefits that come along with it.
Join me in this episode to learn more about LLC’s and why having one doesn’t define your business status.
Also mentioned in today’s episode:
Single member and multi member LLC’s 3:17
What is an LLC and what does it do 12:13
Liability protection 14:50
The importance of having a separate business bank account 20:46
The next steps to take after having an LLC 23:08
If you enjoyed this episode, please rate, review and share it!
Links:
To sign up for the free live class, Understand Your Taxes and Make Money, register here: https://go.sunlighttax.com/free
The Home Office Deduction
LISTEN & SUBSCRIBE HERE
The Home Office Deduction
Today, I’m explaining the home office deduction including how you can calculate your own home office deduction when you’re filing your taxes as a creative entrepreneur this upcoming tax season.
Join me in this informative episode to learn a simplified way of calculating this important deduction and how you can make sure you’re getting the most out of it this tax season.
LISTEN & SUBSCRIBE HERE
Today, I’m explaining the home office deduction including how you can calculate your own home office deduction when you’re filing your taxes as a creative entrepreneur this upcoming tax season.
Join me in this informative episode to learn a simplified way of calculating this important deduction and how you can make sure you’re getting the most out of it this tax season.
Also mentioned in today’s episode:
What is a home office? 1:51
Calculating the home office deduction 7:16
Your deductible home office expenses 8:56
Personal vs. business time and how to calculate it 14:00
Calculating mileage when you have a home studio 16:30
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/deductionsguide
How to Fund Your IRA: Pay Yourself First
LISTEN & SUBSCRIBE HERE
How to Fund Your IRA: Pay Yourself First
In today's episode, I’m talking about a very important topic: how to pay yourself first as a creative entrepreneur and how you can grow your stash of fuck you money.
Join me today, to hear the important steps you can take to make sure that you set yourself up for financial security and why it’s never too late to start contributing to your IRA.
LISTEN & SUBSCRIBE HERE
In today's episode, I’m talking about a very important topic: how to pay yourself first as a creative entrepreneur and how you can grow your stash of fuck you money.
Join me today, to hear the important steps you can take to make sure that you set yourself up for financial security and why it’s never too late to start contributing to your IRA.
Also mentioned in today’s episode:
Why you should set apart the full amount of money you want to use to fund your IRA first 9:25
Paying yourself first and how to do it 11:34
Why financial security is so important 13:22
Is it ok to start funding your IRA later in life? 15:27
Understanding your taxes 26:15
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/deductionsguide
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