THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

Tips to Set Up for Easy Taxes

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Tips to Set Up for Easy Taxes

Preparing for tax season can be overwhelming especially if you’re a business owner. 

In this week’s episode, I’m sharing some of the easy tips I have for you as a creative entrepreneur preparing for tax season.  

 Join me in this informative episode to learn the action tips you need to take today to make your tax season seamless and stress-free. 

LISTEN & SUBSCRIBE HERE

Preparing for tax season can be overwhelming especially if you’re a business owner. 

In this week’s episode, I’m sharing some of the easy tips I have for you as a creative entrepreneur preparing for tax season.  

Join me in this informative episode to learn the action tips you need to take today to make your tax season seamless and stress-free. 

Also mentioned in today’s episode: 

  • How to start tracking your mileage 3:00

  • How to set up a plan for your tax documents 6:47

  • Organizing your receipts 9:11

  • The importance of bookkeeping 10:35

If you enjoyed this episode, please rate, review and share it! 

Links:

You can get a 20% discount on MileIQ using this code: HCOL124A
Episode #4: Mileage The Best Tax Deduction You’re Missing

Episode #27: How to Issue 1099s

https://www.sunlighttax.com/deductionsguide

Watch YOUTUBE Episode

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How to Issue 1099s

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How to Issue 1099s

In this week’s special bonus episode, I’m breaking down any confusion and explaining all of the details you need to know about 1099’s as a creative entrepreneur, including whether or not you need to issue one to your independent contractors.  

Join me in this episode to get a head start on the upcoming tax season and to hear about the live workshop I’m hosting to help you get prepared when it comes to 1099’s. 

LISTEN & SUBSCRIBE HERE

In this week’s special bonus episode, I’m breaking down any confusion and explaining all of the details you need to know about 1099s as a creative entrepreneur, including whether or not you need to issue one to your independent contractors.  

Join me in this episode to get a head start on the upcoming tax season and to hear about the live workshop I’m hosting to help you get prepared when it comes to 1099s. 

Also mentioned in today’s episode: 

  • Penalties for not issuing 1099’s on time 

  • Exceptions for issuing 1099’s 

  • ACH transfers 

  • Getting a 1099 and W9

  • What you can do today to prepare 

If you enjoyed this episode, please rate, review and share it! 

Links:

https://courses.sunlighttax.com/1099

https://www.sunlighttax.com/deductionsguide

Watch YOUTUBE Episode

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10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It

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10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It

Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money. 

Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth. 

LISTEN & SUBSCRIBE HERE

Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money. 

Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth. 

Also mentioned in today’s episode: 

  • Why is it so difficult for us to get on top of our money 

  • Mission-driven people and why they can get into a bad relationship with money

  • The difference between having tax knowledge vs bookkeeping knowledge 

  • The 3 part system you need to grow your money 

  • How its possible for you to have a modest income and big stash of money 

If you enjoyed this episode, please rate, review and share it! 

Links:

https://www.sunlighttax.com/deductionsguide

https://go.sunlighttax.com/free

Watch YOUTUBE Episode

Read More

What Small Business Bookkeeping is Actually For

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What Small Business Bookkeeping is Actually For

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. 

LISTEN & SUBSCRIBE HERE

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

If you enjoyed this episode, please rate, review and share it! 

Links:

Get your FREE Visual Guide to Tax Deductions

https://go.sunlighttax.com/free

Subscribe to our Youtube Channel

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Taxes, Democracy, and the Largest Climate Bill in US History

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Taxes, Democracy, and the Largest Climate Bill in US History

In this first episode of 2023, I’m sharing some of what the Biden administration has accomplished and the incredible strides that have come from the newly passed Inflation Reduction Act. 

I go into detail on how the Inflation Reduction Act could directly benefit you and why this act is such a big deal for the environment.   

LISTEN & SUBSCRIBE HERE

In this first episode of 2023, I’m sharing some of what the Biden administration has accomplished and the incredible strides that have come from the newly passed Inflation Reduction Act. 

I go into detail on how the Inflation Reduction Act could directly benefit you and why this act is such a big deal for the environment.   

Also mentioned in today’s episode: 

  • Why the tax code isn’t equitable 9:46

  • Why getting involved in local politics is important 18:38

  • The importance of subsidies for clean energy sources 29:40

  • Why you might not have to wait for a tax return for your tax credit 31:50

  • The health insurance premium tax credit 37:45

If you enjoyed this episode, please rate, review and share it! 

Links:

EPISODE 11: VISION: RUNNING FOR OFFICE

https://www.sunlighttax.com/deductionsguide

https://go.sunlighttax.com/free

Subscribe to the Sunlight Youtube Channel

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