THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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My #1 Tip After Filing Your Taxes
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In today’s episode of the Sunlight Podcast, I’m sharing why it’s so important to review your tax return—even after you’ve filed. We’ll also chat about the power of taking a digital detox during the busy tax season to help you reset and recharge.
I’ll walk you through how to understand the key sections of your tax return, what tax estimates really mean, and how to reconcile what you owed with what you paid.
Plus, I’m offering some simple, practical strategies for adjusting your future payments if your income changes—so you can feel more confident, prepared, and in control come tax time. Whether you’re self-employed or just trying to make sense of your finances, this episode is here to support you!
Listen and Subscribe Here
In today’s episode of the Sunlight Podcast, I’m sharing why it’s so important to review your tax return—even after you’ve filed. We’ll also chat about the power of taking a digital detox during the busy tax season to help you reset and recharge.
I’ll walk you through how to understand the key sections of your tax return, what tax estimates really mean, and how to reconcile what you owed with what you paid.
Plus, I’m offering some simple, practical strategies for adjusting your future payments if your income changes—so you can feel more confident, prepared, and in control come tax time. Whether you’re self-employed or just trying to make sense of your finances, this episode is here to support you!
Also mentioned in today’s episode:
00:00 Digital Detox: A Refreshing Break
02:02 Post-Tax Filing: Key Steps for Improvement
07:16 Understanding Your Tax Return: Key Insights
12:07 Adjusting for Future Taxes: Strategies for Success
15:43 Resources for Tax Management: Programs and Support
Takeaways
Reviewing your tax return is crucial for financial planning.
Understanding your tax return helps avoid future whammies.
Taxes are retroactive; you only know your tax rate after the year ends.
Your total tax owed is reconciled with what you've paid throughout the year.
Aim to have your tax payments equal your total tax owed.
Adjust your estimated taxes based on income fluctuations.
Self-employed individuals must be proactive with tax payments.
Utilizing tax programs can simplify the filing process.
Seek help from tax education programs for better understanding.
If you enjoyed this episode, please rate, review and share it!
Every review makes a difference by telling Apple or Spotify to show the Sunlight podcast to new audiences.
Links:
Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You’re Self-Employed.
My On-demand class: Make Taxes Easier and Stash an Extra $152k in Your Savings
Check out my program, Money Bootcamp
Sunlight Podcast Episodes about Quarterly Taxes:
Why I Hate TurboTax, Part One
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Today, I’m starting a 3 part series where I’m sharing an article published by ProPublica that exposes some of the unethical practices by Intuit, the maker of TurboTax. The article details how Intuit has waged a 20-year fight against free tax filing through lobbying efforts, internal tactics, and deceptive marketing.
Join me in this 3 part series to learn more about how TurboTax has helped prevent the government from creating a free and easy tax filing system.
Listen and Subscribe here
Today, I’m starting a 3 part series where I’m sharing an article published by ProPublica that exposes some of the unethical practices by Intuit, the maker of TurboTax. The article details how Intuit has waged a 20-year fight against free tax filing through lobbying efforts, internal tactics, and deceptive marketing.
Join me in this 3 part series to learn more about how TurboTax has helped prevent the government from creating a free and easy tax filing system.
If you enjoyed this episode, please rate, review and share it!
Links:
Inside TurboTax’s 20-Year Fight to Stop Americans From Filing Their Taxes for Free, by Justin Elliott and Paul Kiel Oct. 17, 2019
A Solution for Fairer Taxes
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This week, I’m chatting about a topic that’s important to me: how we can create more fairness and equity in our tax system. I’m sharing an op ed written by William Gale, an economist from the Brookings Tax Policy Center that talks more about creating more fairness in tax policy, stopping tax cheats and how we can get there.
Join me in this episode as we head toward the election season to learn about why equity in our tax policy is so important.
LISTEN AND SUBSCRIBE HERE
This week, I’m chatting about a topic that’s important to me: how we can create more fairness and equity in our tax system. I’m sharing an op ed written by William Gale, an economist from the Brookings Tax Policy Center that talks more about creating more fairness in tax policy, stopping tax cheats and how we can get there.
Join me in this episode as we head toward the election season to learn about why equity in our tax policy is so important.
Also mentioned in today’s episode:
The importance of giving the IRS the tools it needs to enforce tax rules 2:45
Proposed tax policies to combat wealth inequality and reduce tax evasion 8:13
If you enjoyed this episode, please rate, review and share it!
Links:
William Gale's article: https://www.brookings.edu/articles/give-irs-the-tools-it-needs-to-enforce-tax-rules-and-catch-cheaters/
5 Invisible Things in My Business
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This week on the podcast, I’m sharing some of the invisible aspects of running my tax business and some of the hard stuff that I’ve had to overcome while running my business and podcast.
Join me in this episode to learn more about my entrepreneurial journey and what I’ve learned along the way.
LISTEN AND SUBSCRIBE HERE
This week on the podcast, I’m sharing some of the invisible aspects of running my tax business and some of the hard stuff that I’ve had to overcome while running my business and podcast.
Join me in this episode to learn more about my entrepreneurial journey and what I’ve learned along the way.
Also mentioned in today’s episode:
My struggle with perfectionism 2:05
My superpower when it comes to taxes and what I struggle with 8:26
What I've chosen to prioritize in business 13:35
If you enjoyed this episode, please rate, review and share it!
Links:
Free 20 Minute Course on Filing your BOI Report for LLCs: www.sunlighttax.com/llc
Thoughts I've Had About Money
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Thoughts I've Had About Money
Today, I’m sharing some thoughts I’ve struggled with when it comes to my finances, taxes, and financial knowledge so I can motivate anyone who may be experiencing similar challenges with money mindset in your business.
Join me in this personal episode as I talk about how I’ve been able to move past fears and feelings of inadequacy when it comes to my finances and to hear some tips on how you can do the same.
LISTEN AND SUBSCRIBE HERE
Today, I’m sharing some thoughts I’ve struggled with when it comes to my finances, taxes, and financial knowledge so I can motivate anyone who may be experiencing similar challenges with money mindset in your business.
Join me in this personal episode as I talk about how I’ve been able to move past fears and feelings of inadequacy when it comes to my finances and to hear some tips on how you can do the same.
Also mentioned in today’s episode:
My personal thoughts on finances 7:23
Some of my most common money thoughts 10:00
Why you shouldn't let mistakes bring you down 12:30
The Fire movement 19:54
If you enjoyed this episode, please rate, review and share it!
Links:
Save your seat for the free class, Make Taxes Easier
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