THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Business Management, Sunlight Podcast Hannah Cole Business Management, Sunlight Podcast Hannah Cole

BTS: Tips for Your First Hire

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In this week’s episode, I’m talking about everything you need to know about hiring as a small business owner, including how you can avoid some major mistakes and what you need to do before taking the leap when making your first hire.

Listen to this episode to learn the steps you should take to get the best first hire on your team. 

LISTEN & SUBSCRIBE HERE

In this week’s episode, I’m talking about everything you need to know about hiring as a small business owner, including how you can avoid some major mistakes and what you need to do before taking the leap when making your first hire.

Listen to this episode to learn the steps you should take to get the best first hire on your team. 

 

Also mentioned in today’s episode: 

  • Some mistakes you can make when hiring 2:32

  • The importance of tracking time 5:00

  • Getting clear on your non-negotiables 17:44

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

 

Links:

Get a list of my favorite business tools:

www.sunlighttax.com/podcast 
Scale Up Support - Use my referral code: SUSHANNAH

Sign up for Money Bootcamp: https://www.sunlighttax.com/moneybootcamp2023

Watch Youtube Version

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Business Management, Sunlight Podcast Hannah Cole Business Management, Sunlight Podcast Hannah Cole

S Corp Mistakes That will Cost You Thousands

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In this week’s episode, I’m diving into the topic of S Corps and sharing the most common misconceptions and the mistakes to avoid when forming an S Corporation as a small business owner.

Join me in this important episode as I share the details of why you may want to form an S Corp with your business and when to know if you should wait before you make the leap to form one.  

LISTEN & SUBSCRIBE HERE

In this week’s episode, I’m diving into the topic of S Corps and sharing the most common misconceptions and the mistakes to avoid when forming an S Corporation as a small business owner.

 

Join me in this important episode as I share the details of why you may want to form an S Corp with your business and when to know if you should wait before you make the leap to form one.  

 

Also mentioned in today’s episode: 

  • What is a tax entity 3:24

  • LLC’s and how they work 7:25

  • Why it’s important not to do an S Corp too soon 10:01

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

 

Links:

Register for the FREE Live Class on May 18th at 12PM EST: How to Thrive in a Recession (When You're Self-Employed)

Sign up for Money Bootcamp: https://www.sunlighttax.com/moneybootcamp2023

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Tips to Ensure You Pay Yourself

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In this week’s episode, I’m sharing some of my biggest tips to make sure you prioritize paying yourself first and funding your IRA as an entrepreneur.  

Join me as I go over some of what you can do to get the most out of your money every year and how you can make sure you’re prioritizing your IRA so you can get that FU money and grow your wealth. 

LISTEN & SUBSCRIBE HERE

In this week’s episode, I’m sharing some of my biggest tips to make sure you prioritize paying yourself first and funding your IRA as an entrepreneur.

 

Join me as I go over some of what you can do to get the most out of your money every year and how you can make sure you’re prioritizing your IRA so you can get that FU money and grow your wealth. 

 

Also mentioned in today’s episode: 

  • What is the triple deadline? 2:05

  • How you can make sure you pay yourself first 6:59

  • How you can make your tax season easier 9:01

  • How to tune up your IRA 16:16

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

 

Links:

Register for the FREE Live Class on May 18th at 12PM EST: How to Thrive in a Recession (When You're Self-Employed)

Sign up for Money Bootcamp:

https://www.sunlighttax.com/moneybootcamp2023

Watch Youtube Episode

Read More
Creative Specific, Sunlight Podcast Hannah Cole Creative Specific, Sunlight Podcast Hannah Cole

Re-framing Finances for Creatives

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Re-framing Finances for Creatives

This week, I’m sharing an episode that aired on the Creative Baggage podcast where I was recently a guest.  

Creative Baggage is a conversation-based podcast giving voice to the unspoken baggage of pursuing a career in the arts.

In this episode, I speak about my career in both the arts and taxes and offer some practical advice on managing your finances as an artist. 

LISTEN & SUBSCRIBE HERE

This week, I’m sharing an episode that aired on the Creative Baggage podcast where I was recently a guest.  

Creative Baggage is a conversation-based podcast giving voice to the unspoken baggage of pursuing a career in the arts.

In this episode, I speak about my career in both the arts and taxes and offer some practical advice on managing your finances as an artist. 

 

Also mentioned in today’s episode: 

  • My background in the arts and how I got started in the tax field 2:05

  • The breakeven point in business 14:59

  • The importance of forming relationships 22:10

  • Creating a community through social media 30:39

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

 

Links:

Check out Creative Baggage: 

https://podcasts.apple.com/us/podcast/creative-baggage/id1514894003

Sign up for Money Bootcamp:

https://www.sunlighttax.com/moneybootcamp2023

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What Counts As Taxable Income?

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What Counts As Taxable Income?

It’s easy to get confused when it comes to figuring out what you need to report as income on your tax return. 

Today, I’m going over some of the most common ways to receive money as an entrepreneur and talking about what actually counts as income in your business so you can be prepared for your taxes. 

Join me in this episode to learn more about determining your total income and how you can make sure you report it correctly to the IRS.

LISTEN & SUBSCRIBE HERE

It’s easy to get confused when it comes to figuring out what you need to report as income on your tax return. 

Today, I’m going over some of the most common ways to receive money as an entrepreneur and talking about what actually counts as income in your business so you can be prepared for your taxes. 

Join me in this episode to learn more about determining your total income and how you can make sure you report it correctly to the IRS.

Also mentioned in today’s episode: 

  • How to know when something is income and when it’s not 9:54

  • What is the function of the people you serve? 12:16

  • Should you itemize your tax return? 13:55

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

Links:

Sign up for Money Bootcamp:

https://www.sunlighttax.com/moneybootcamp2023

 Get your FREE Deductions Guide

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