THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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Tips to Make Your Taxes Better Right Now
LISTEN AND SUBSCRIBE HERE
Tips to Make Your Taxes Better Right Now
In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants.
Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.
LISTEN AND SUBSCRIBE HERE
In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants.
Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.
Also mentioned in today’s episode:
Why you should associate bookkeeping with self-care activities 5:53
When you should book your appointment with a tax advisor and why it helps if it’s earlier 10:33
What is the triple deadline of April 15th? 17:52
If you enjoyed this episode, please rate, review and share it!
Links:
De-stress your taxes checklist: https://pod.link/1640538610/episode/829669c4f27589e3572ba3c2c497f24b
Issuing 1099s:
https://pod.link/1640538610/episode/5e3fdee788bf841e0aaeb5b3734e395b
Can a Massage Therapist Deduct Massages? Education Expenses Explained
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Can a Massage Therapist Deduct Massages? Education Expenses Explained
Have you ever wondered what you can deduct when it comes to business expenses?
Today, I’m deep diving into education expenses and what you can and cannot deduct on your taxes as a business owner. I’m clarifying what you can deduct for continuing education, like seminars on new techniques, and what counts as leisure.
Listen to this important episode to learn how you can maximize your deductions when you file your taxes this year.
LISTEN AND SUBSCRIBE HERE
Have you ever wondered what you can deduct when it comes to business expenses?
Today, I’m deep diving into education expenses and what you can and cannot deduct on your taxes as a business owner. I’m clarifying what you can deduct for continuing education, like seminars on new techniques, and what counts as leisure.
Listen to this important episode to learn how you can maximize your deductions when you file your taxes this year.
Also mentioned in today’s episode:
Clarifying the deductibility of massages for wellness practitioners 2:34
Personal expenses and business deductions- the difference and how much you can really deduct 4:57
What expenses you CAN deduct 5:54
Should you deduct research expenses? 9:37
If you enjoyed this episode, please rate, review and share it!
Links:
WELLNESS PRACTITIONERS’ TAX DEDUCTIONS GUIDE
https://www.sunlighttax.com/wellnessguide
Free class: Make Taxes Easier and Stash an Extra $130k in Your Savings: https://go.sunlighttax.com/free
Discomfort Means You're Growing: Estimates and Investments
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Discomfort Means You're Growing: Estimates and Investments
This week, I’m talking about embracing discomfort for your personal growth and financial success and how seeking out discomfort can help drive learning and achievement.
Join me as I share some of my own experiences of overcoming discomfort and how you can learn to view mistakes as learning opportunities instead of signs of failure.
LISTEN AND SUBSCRIBE HERE
This week, I’m talking about embracing discomfort for your personal growth and financial success and how seeking out discomfort can help drive learning and achievement.
Join me as I share some of my own experiences of overcoming discomfort and how you can learn to view mistakes as learning opportunities instead of signs of failure.
Also mentioned in today’s episode:
Why you should seek out discomfort 2:47
Aiming for improvement rather than perfection 8:47
The power of compound interest and why you need to be investing 20:58
How to really embrace discomfort when it comes to money and investing 30:40
If you enjoyed this episode, please rate, review and share it!
Links:
Understand Your Tax Rate: https://pod.link/1640538610/episode/378b7d09b9680294b1301a5515bb5303
Free class: Make Taxes Easier and Stash an Extra $130k in Your Savings: https://go.sunlighttax.com/free
1099s Deep Dive: Listener Questions
LISTEN AND SUBSCRIBE HERE
1099s Deep Dive: Listener Questions
Today, I’m going over some listener questions about 1099 tax forms and clarifying some issues that might arise for you as an artist or creative entrepreneur. I’m also giving you some advice on what to do if you get an incorrect 1099 form after filing taxes.
Join me in this episode to get a head start on your 1099 filings and to learn all the important details of filing correctly so you can avoid any penalties.
LISTEN AND SUBSCRIBE HERE
Today, I’m going over some listener questions about 1099 tax forms and clarifying some issues that might arise for you as an artist or creative entrepreneur. I’m also giving you some advice on what to do if you get an incorrect 1099 form after filing taxes.
Join me in this episode to get a head start on your 1099 filings and to learn all the important details of filing correctly so you can avoid any penalties.
Also mentioned in today’s episode:
1099 reporting regulations for freelancers 2:20
Tips for artists to issue 1099 form 6:55
Common 1099 mistakes 8:50
How to handle an unexpected 1099 14:18
The penalties associated with not filing 1099s 19:50
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/moneybootcampimpact
What Are Receipts Actually For?
LISTEN AND SUBSCRIBE HERE
What Are Receipts Actually For?
In today's episode, I’m explaining and going into detail about receipts and bookkeeping for self-employed creatives, including why keeping receipts is important and how you can keep yourself organized for tax season.
Listen to this important episode to learn more about when you need to keep receipts, where you can keep your receipts so you have them ready if needed and some of the common deductions you can take.
LISTEN AND SUBSCRIBE HERE
In today's episode, I’m explaining and going into detail about receipts and bookkeeping for self-employed creatives, including why keeping receipts is important and how you can keep yourself organized for tax season.
Listen to this important episode to learn more about when you need to keep receipts, where you can keep your receipts so you have them ready if needed and some of the common deductions you can take.
Also mentioned in today’s episode:
Should you be sorting your receipts? 9:30
Should you worry about being audited? 13:45
How you can organize your receipts to make it easier 20:20
Why you need to separate your business and personal finances 22:05
If you enjoyed this episode, please rate, review and share it!
Episodes mentioned:
Respect Your Work, Then Get Organized
Links:
https://www.sunlighttax.com/podcastguide
https://www.sunlighttax.com/openhouse
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