THE SUNLIGHT TAX BLOG:

Tax and Money Education for Creative People, Freelancers and Solopreneurs

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

Watch Youtube Video Version

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1099 vs W2 Income and Why it Matters

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1099 vs W2 Income and Why it Matters

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

LISTEN AND SUBSCRIBE HERE

Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. 

 

Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. 

  

Also mentioned in today’s episode: 

  • The main differences between 1099 and W2 income when it comes to taxes 2:30

  • The importance of bookkeeping when you’re self-employed 5:45

  • The importance of keeping records and being prepared for IRS inquiries 14:53

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

Links: 

FREE MASTERCLASS: Make Taxes Easier and Stash an Extra $130k in Your Savings

sunlighttax.com/deductions

Watch the Youtube video version

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Insider Deduction Tips

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Insider Deduction Tips

Today, I’m giving you some insight into deductions and details on categories when it comes to your schedule C deductions. I talk about key categories for deductions like advertising and supplies and why it’s so important to keep proper documentation when it comes to deductions on your taxes. 

Join me this week, to get some strategic guidance on maximizing your deductions and avoiding audits by putting expenses in their appropriate categories.

LISTEN AND SUBSCRIBE HERE

Today, I’m giving you some insight into deductions and details on categories when it comes to your schedule C deductions. I talk about key categories for deductions like advertising and supplies and why it’s so important to keep proper documentation when it comes to deductions on your taxes. 

 

Join me this week, to get some strategic guidance on maximizing your deductions and avoiding audits by putting expenses in their appropriate categories.

 

Also mentioned in today’s episode: 

  • Advertising and why website hosting fee’s go there 3:00

  •  2 common categories where tax preparers may dump expenses without proper documentation 5:20

  • How to avoid an audit when it comes to listing your deductions 12:40

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

Links:

sunlighttax.com/deductions

Get your FREE Visual Guide to Tax Deductions

Watch the Youtube video version

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How to Deduct Fees, Bandmate Payouts and Gallery Commissions

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How to Deduct Fees, Bandmate Payouts and Gallery Commissions

Today, I’m talking about deducting education expenses and explaining how fees and reimbursement works when it comes to reporting your income on your taxes. 

Listen to this episode to get some insight on tax implications and how you can properly track income to meet the reporting requirements.

LISTEN AND SUBSCRIBE HERE

Today, I’m talking about deducting education expenses and explaining how fees and reimbursement works when it comes to reporting your income on your taxes. 

 

Listen to this episode to get some insight on tax implications and how you can properly track income to meet the reporting requirements.

 

Also mentioned in today’s episode:  

  • Reporting gallery commissions on your taxes 12:54

  • How income and taxes work for musicians being paid out for performances 14:54

  • When you need a 1099 issued 17:00

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

Links:

Get your free Deductions Guide: https://www.sunlighttax.com/deductionsguide

https://www.sunlighttax.com/moneybootcampimpact

Watch Youtube Video Version

Read More

Tips to Make Your Taxes Better Right Now

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Tips to Make Your Taxes Better Right Now

In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants. 

Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.

LISTEN AND SUBSCRIBE HERE

In this week’s episode, I’m giving you some of my best tips when it comes to tax preparation and financial planning if you’re self-employed or a small business owner. I’m giving advice on completing bookkeeping, issuing 1099 forms, and why you need to schedule an early tax appointment with accountants.

 

Join me in this informative episode as I try to make your taxes as easy as possible so you can reduce stress and manage your money better.

 

Also mentioned in today’s episode: 

  • Why you should associate bookkeeping with self-care activities 5:53

  • When you should book your appointment with a tax advisor and why it helps if it’s earlier 10:33

  • What is the triple deadline of April 15th? 17:52

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

Links:

De-stress your taxes checklist: https://pod.link/1640538610/episode/829669c4f27589e3572ba3c2c497f24b

Issuing 1099s:

https://pod.link/1640538610/episode/5e3fdee788bf841e0aaeb5b3734e395b

Watch Youtube Video Version

Read More

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