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Tax and Money Education for Creative People, Freelancers and Solopreneurs

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Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

Deliver Your Best Work with this Magic Tip

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DELIVER YOUR BEST WORK WITH THIS MAGIC TIP

Today, I’m sharing one of my best tips for providing great work and the importance of setting clear expectations and an open line of communication when working with clients. 

Join me in this episode as I go over how you can create a great working relationship for both you and your clients and how you can set clear expectations and boundaries with your clients. 

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Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

How to Deduct Business Meals When You're Self-Employed

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How to Deduct Business Meals When You're Self-Employed

In today’s episode, I’m sharing how you can deduct business meals on your taxes as a self-employed individual including what you need for your tax documentation and what’s allowable for deduction. 

Join me to learn the rules and guidelines for deducting business meals, the per diem meals allowance for business travel and the benefits business meals for entrepreneurs. 

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Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

How to Deduct Business Travel

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How to Deduct Business Travel

Today, I’m talking about an important topic for entrepreneurs: business travel and deducting business travel on your taxes. I’m highlighting the importance of understanding the rules for deducting transportation costs, accommodations, and meals, and sharing how you can properly document your travel so you can avoid getting audited by the IRS. 

Join me in this important episode to learn how you can distinguish between what’s deductible and what’s non-deductible when it comes to business travel expenses.

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Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

Startup Expenses: A Perk for Your New Business

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Startup Expenses: A Perk for Your New Business

In today’s episode, I’m diving into the topic of startup expenses, the deductions available for new businesses and some of the benefits the tax code provides to new businesses. I give examples of qualifying startup expenses and sharing some information on when you can deduct these expenses on your taxes. 

Listen to this episode to get helpful guidance on taking advantage of tax deductions available in the early stages of a new business.

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Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

Business vs. Hobby & the IRS 9 Point Test for Profit Motive

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Business vs. Hobby & the IRS 9 Point Test for Profit Motive

Today, I’m talking about the tax laws related to distinguishing between a hobby and a legitimate business when you’re a creative professional. I’m also explaining the IRS's view of profit motive as the key factor and discussing how you can determine whether you have a business or hobby.


Join me in this episode to get some advice and tips on how you can prove profit motive and avoid being wrongly classified as a hobby by the IRS.

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