Tax season is the perfect time to invest in your blogging career. Why not use your tax return to help further your blogging career and get you started on the road to blogging success? For some people, tax season is the only time they have a little extra money coming in. Putting it to good use by investing in tools and resources will ... Read More
Taxes
DBA, EIN, and SUI: Breaking Down the Tax and Management Must-Haves for Your Business
Gotta love it when a blog post title is more acronym-based than words, right? Some readers might recognize all of these terms while others will pick out only a couple of familiar ones. Still, others might not have a clue what any of these mean, and that’s where we come in to help out. Here’s what work-from-home entrepreneurs need to ... Read More
How to Make Tax Time Easy Peasy
Sponsored by H&R Block For information only. Not all tax situations are the same. It's tax time again, and if you're anything like me, this time of year tends to generate a little bit of stress. Even though I've been filing tax returns since I was 15, with new tax rules and IRS jargon the process can be intimidating. Add in the ... Read More
5 Types of Businesses You Can Start With Your Tax Refund
Maybe you've thought about starting a business but didn't have the financial means to do so. There are actually businesses that don't cost an arm and three legs to get started. Have you ever thought about how many types of business you can start with your tax refund? What better time to get the ball rolling than when you get a chunk ... Read More
Handling Your Finances as a 1099 Contractor
Working from home is a dream of many, and running your own business is a great way to do just that. Chances are that, unless you’re selling a product, you’re doing a lot of freelance work. And when you freelance, businesses treat you as an independent contractor, or a 1099 contractor, which alludes to the 1099-MISC form businesses ... Read More
Tips for Maximizing Your Tax Deductions
The deadline for filing your tax return is coming up quickly. A lot of small business owners depend on a solid refund to help get the year off to a good start. But to get that big refund, you have to claim every deduction and credit available. Here are some simple tips to maximize your tax deduction this year. Don’t overlook ... Read More
10 Tax Tips for Home-Based Business Owners
If you just started your home-based business in the last year, you may be apprehensive about your first time filing and paying small business taxes. Never fear: these tips will make tax season easier for you. 1. Know Your Deductions. You might be surprised at all the expenses you can write off with your home-based business. Your ... Read More
How to Manage Your Finances When You’re Running the Show
Ask any business owner to name their least favorite tasks, and bookkeeping, money management, and paying taxes will all make the list. While these chores may be tedious, they’re absolutely critical. Unlike big companies, the finances of the solo business are often closely intertwined with the personal finances of the business owner. ... Read More
How Your Financial Picture Can Make You A More Savvy Entrepreneur
Running your own business can be overwhelming, especially if you are a team of one. We wear so many hats as entrepreneurs that it’s really easy to fall behind with some of the more time-consuming duties. One of the tasks that can be particularly hard to stay on top of is your bookkeeping. Not only can it be time-consuming, but ... Read More
The Pros and Cons of Filing Taxes Early
I know there must be dozens of people reading the title of this post and mumbling to themselves, “Why is she already talking about taxes? That’s not until April!” Ah, but that’s the trick to Tax Day on April 17th: it always looks further away than it really is. And any good small business knows to start planning ahead for it and ... Read More
Do I Qualify for the Home Office Deduction?
For information only. Not all tax situations are the same. Whether you’re working at home to spend more time with your kids or just enjoy working in your bunny slippers, you’ve already discovered the many benefits of working from home. One benefit that you should take full advantage of at tax time is the home office deduction ... Read More
Things That Home-Based Mompreneurs Can Write Off
By Deb Howard Greenleaf This post is for informational purposes only. Coming up with that perfect business idea and launching your new business is a lot of work! Once your business is off the ground and you’ve begun to make some money, however, you quickly learn that making money is only half of the battle. To maximize your ... Read More
