THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
search A TOPIC
Categories
- Business Management 11
- Creative Specific 3
- Estimated Quarterly Taxes 2
- General Economy; Tax Policy and Legislation 32
- Get to know Hannah Cole 7
- Interviews and personal stories 23
- Personal Finance 16
- Personal and Career Development 15
- Practical and Tactical Tax 48
- Retirement and Future Success 22
- Sunlight Podcast 122
- Tax Deductions for Freelancers and Self-Employed 4
3 Secrets to Extra Money in Your Tax Deductions
LISTEN AND SUBSCRIBE HERE
3 Secrets to Extra Money in Your Tax Deductions
Today, I want to talk about 2 areas of the tax code where you can get more money as a deduction than you actually spent and how you can make the most of these deductions during tax season.
Join me in this episode to learn how you can maximize your tax deductions and get the most money in your pocket.
LISTEN AND SUBSCRIBE HERE
Today, I want to talk about 2 areas of the tax code where you can get more money as a deduction than you actually spent and how you can make the most of these deductions during tax season.
Join me in this episode to learn how you can maximize your tax deductions and get the most money in your pocket.
Also mentioned in today’s episode:
Tracking your mileage deduction 4:08
The expense method vs. mileage method 8:31
Standard vs. standardized per diems 16:33
If you enjoyed this episode, please rate, review and share it!
Links:
And here are the links for the show notes for it:
Free visual tax deductions guide
MileIQ Use code HCOL124A for a 20% discount
LLCs & Why You Need to Separate Your Accounts
LISTEN AND SUBSCRIBE HERE
LLCs & Why You Need to Separate Your Accounts
Today, I’m sharing an article I wrote about why it’s so important to keep your personal and business bank accounts separate as an entrepreneur. I’m also sharing information about LLC’s vs. a sole proprietorship and if having an LLC really changes anything during tax time.
Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC.
LISTEN AND SUBSCRIBE HERE
Today, I’m sharing an article I wrote about why it’s so important to keep your personal and business bank accounts separate as an entrepreneur. I’m also sharing information about LLC’s vs. a sole proprietorship and if having an LLC really changes anything during tax time.
Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC.
Also mentioned in today’s episode:
LLC’s and your taxes 1:09
Why your personal and business accounts should be separated 2:19
Can you operate as a sole proprietorship or do you need an LLC? 6:04
If you enjoyed this episode, please rate, review and share it!
Links:
VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/
The Child Care Tax Credit
LISTEN AND SUBSCRIBE HERE
The Child Care Tax Credit
Today, I’m sharing important details about the Child and Dependent Care Tax Credit and how you can use it during the summer months when sending your children to summer camp.
I’m also talking about the difference between a tax credit and a tax deduction and why a credit is more beneficial to the taxpayer.
Join me in this episode to learn how you can take advantage of this tax credit and how it can apply to you.
LISTEN AND SUBSCRIBE HERE
Today, I’m sharing important details about the Child and Dependent Care Tax Credit and how you can use it during the summer months when sending your children to summer camp.
I’m also talking about the difference between a tax credit and a tax deduction and why a credit is more beneficial to the taxpayer.
Join me in this episode to learn how you can take advantage of this tax credit and how it can apply to you.
Also mentioned in today’s episode:
What is the Child and Dependent Care Tax Credit? 1:00
Tax credit vs. deduction 6:44
What qualifies for this credit and how much can you claim? 9:56
If you enjoyed this episode, please rate, review and share it!
Links:
VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/
Taxes Should Be Part of Civic Education: A Story of Hope
LISTEN AND SUBSCRIBE HERE
Taxes Should Be Part of Civic Education: A Story of Hope
Today, I’m sharing a civic oriented article I wrote back in 2018 that I hope will inspire you to get involved in your local politics and think more about why civic education is so important.
Join me in this inspiring episode to learn a bit more about why it’s so important to take a greater role in your local government and why I feel so passionate about advocating for tax education in this country.
LISTEN AND SUBSCRIBE HERE
Today, I’m sharing a civic oriented article I wrote back in 2018 that I hope will inspire you to get involved in your local politics and think more about why civic education is so important.
Join me in this inspiring episode to learn a bit more about why it’s so important to take a greater role in your local government and why I feel so passionate about advocating for tax education in this country.
Also mentioned in today’s episode:
Why local politics is so important 2:11
Why is tax policy left out of civics? 6:23
Lying from politicians about who pays taxes and why that’s such an issue 10:43
Tax education and why we need it 14:14
If you enjoyed this episode, please rate, review and share it!
Links:
link to article: https://www.sunlighttax.com/blog/2019/3/27/tax-policy-should-be-part-of-our-basic-civic-education
link to podcast I reference, the Overlook podcast.
10 Minute Tax Fix: Do a Paycheck Checkup
LISTEN AND SUBSCRIBE HERE
10 Minute Tax Fix: Do a Paycheck Checkup
In this quick and easy episode, I’m talking about something practical you can do in just 15 minutes to make your life easier during tax time.
Join me today to learn how you can do an easy paycheck checkup to prepare for tax season, avoid any surprise tax bills and ensure your withholding is at the right level.
LISTEN AND SUBSCRIBE HERE
In this quick and easy episode, I’m talking about something practical you can do in just 15 minutes to make your life easier during tax time.
Join me today to learn how you can do an easy paycheck checkup to prepare for tax season, avoid any surprise tax bills and ensure your withholding is at the right level.
Also mentioned in today’s episode:
Adjusting your taxes 2:20
Finding your federal income tax rate 4:47
Checking your withholdings 7:45
Using the IRS to calculate your taxes 9:12
If you enjoyed this episode, please rate, review and share it!
Links:
Go to this link to do your Paycheck Checkup: Tax Withholding | Internal Revenue Service
If you have ONLY self-employed income (no W2), you'll need to use this document. IRS Pub 505
Or, the easier path is to join my program, Money Bootcamp, where I teach you how to set up simple bookkeeping, calculate your tax due each quarter, and pay your estimated quarterly taxes with accuracy and peace of mind.
What are your money concerns?
Suggest a blog topic for Hannah here.