April bookkeeping tips for craftpreneurs who dream of making a 6-figure income from their handmade, creative, or craft business.
April is the time of April Fool’s jokes, Easter egg hunts, and tax time. And while searching for Easter eggs is fun —- searching for tax receipts is NOT! Tax time is no joking matter.
Your bookkeeping records are the backbone of your tax return. The numbers from your Profit & Loss (or Income Statement) Report flow into and travel around you Schedule C business tax return like a drunken sailor.
But don’t get confused by Revenue and Profit, they’re TOTALLY different!
Wondering when you should start a bookkeeping system for your handmade business?
Learn how to organize your bookkeeping/tax receipts.
New posts on the blog:
- Money In, Money Out for Handmade Business Owners — How to Stop Guessing
- Bookkeeping for Makers: What to Track … (and What You Can Totally Ignore)
- Is Your Bookkeeping System Set Up Right? (Why Effort Alone Isn’t the Problem)
- Get Financially Organized (Maker Style): Simple Bookkeeping Systems for Handmade Businesses
- Why Good Bookkeeping Records Matter (Especially at Tax Time)
Free workshop/webinar in the Handmade Business Bookkeeping Community
FREE Workshop/Webinar April 5, 2023 from 2-3:30 EST
We’re coming down to the wire for tax time here in the U.S.! But I thought you might want to understand what self-employment tax really is, how it’s calculated, and what it’s really all about.
If you do your own taxes, Schedule SE may have thrown you for a loop (but your tax software made you do it anyway) – but you might have been left feeling like “WTF is the self-employment tax all about!”
If you’re already a Community member, go to the Events section in the Community.
If you aren’t a member of the Handmade Business Bookkeeping Community, join today to attend the live session or watch the replay.
If you sign up, reminders will be automatically sent 1 day before and 30 minutes before the event starts.
Are you a motivated business owner who wants step-by-step instructions on how to setup and use a bookkeeping system from the very beginning?
If so, the Handmade Business Bookkeeping Academy is worth checking out. It’s an annual or monthly subscription – choose which one fits your budget. Check it out the Academy membership.
