THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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- Business Management 22
- Creative Specific 3
- Estimated Quarterly Taxes 8
- General Economy; Tax Policy and Legislation 52
- Get to know Hannah Cole 8
- Interviews and personal stories 37
- Personal Finance 26
- Personal and Career Development 22
- Practical and Tactical Tax 57
- Retirement and Future Success 28
- Sunlight Podcast 149
- Tax Deductions for Freelancers and Self-Employed 9
- the Sunlight Tax Podcast 70
ArtWitch Podcast: Permission to Thrive + Money Mindsets
Tax expert and artist Hannah Cole discusses all things money with Art Witch Podcast host Zaneta of Brooklyn, New York. They also talk about mindfulness in this nearly hour-long podcast interview.
Hannah speaks about empowerment for creative people (especially for BIPOC people and women) and they talk about smashing the patriarchy. They discuss issues people have with earning and having money and how to change your attitude. What can you accomplish when you are not trying to run from money issues and fear of the IRS?
Unemployment Tax Savings from the 2021 Stimulus Bill
President Biden recently signed the American Rescue Plan into law, and it has some very exciting provisions for people who collected unemployment during 2020. Hannah Cole of Sunlight Tax created the following short video to give you the latest information about how the new law will apply to unemployment income.
Hannah goes through specific information about unemployment taxes affected by this retroactive legislation. Hannah covers what you need to know, whether you have already filed your 2020 taxes or whether you have not filed yet.
Artist/Mother Podcast with Hannah Cole of Sunlight Tax
Hannah talks with Kaylan about when she started out as an artist, her life as an artist, and how her career progressed to a tax expert specializing in helping artists and other creative freelancers. She talks about her career in accounting and what experiences led to her decision to start her own company.
Other topics covered in this hour-long podcast are the factors involved in choosing a type of business and how getting your finances organized gives you more room for creative work.
How Can Freelancers Benefit from New Tax Laws?
Hannah Cole had an interview with Matt Peiken of Blue Ridge Public Radio in North Carolina last week. She discussed the new tax laws and some of the areas where artists and other freelancers can benefit from them, like sick and family leave credits.
What Do Arts Organizations Need to Know About the Federal Shuttered Venue Operators Grant?
On December 27, 2020, a congressional stimulus bill that was passed and signed into law by then President Trump had several provisions to help US residents through the COVID-19 crisis. Among these are additional stimulus payments, enhanced and extended Federal unemployment benefits, additional Paycheck Protection Program (PPP) money, simplified PPP forgiveness rules, an extension of the temporary charitable contribution deduction for taxpayers who take the standard deduction, and a doubling of the business meals deduction from 50% deductible to 100% deductible for the years 2021 and 2022 so long as the meal is purchased from a restaurant. (Takeout meals are okay.) These provisions should provide some help to all of us as we continue to weather the economic crisis.
What are your money concerns?
Suggest a blog topic for Hannah here.