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Bookkeeping and accounting are topics that can intimidate and confuse a lot of entrepreneurs so in today’s episode, I’m deep diving into what bookkeeping really is and why you need it as a business owner. I’m also sharing who actually needs a complicated bookkeeping system and who can stick to something simple.
Join me in this episode to get a quick lesson on bookkeeping and learn how you can stay ahead of the tax season as a creative entrepreneur.
Also mentioned in today’s episode:
Audited financials and what it means 3:24
Double-entry bookkeeping and why you probably don’t need complicated things 10:06
How to break out key categories in a tax return 17:19
Tracking things for your tax return that don’t get tracked in bookkeeping software 19:13
Why financial training is important 26:29
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Links:
https://www.sunlighttax.com/deductionsguide
