Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
Finished items inventory is this weeks topic. If you’ve been wondering how to track your inventory of finished items using spreadsheets, I’ll teach you how in this blog post. Keeping track of inventory is tough. There are so many moving pieces that you need to keep track of. Materials and supplies that you buy and …
Want to end tax time panic? It’s simple, update your bookkeeping weekly all year long. Tax time comes but once a year. So many handmade business owner scramble to do months worth of bookkeeping tasks to “hurry up” and get ready for tax time, in a relatively short amount of time – hating every second …
Form 1099-NEC is used to report non-employee compensation of $600 or more during the tax year (2020). Handmade business owners, if you paid more than $600 to someone that is NOT an employee, you could likely have to file a Form 1099-NEC. Tax season is here, and it means more than just getting YOUR income …
Are you ready for 2021? Make goals for your handmade business and skip the resolutions! That annual “fresh start” that comes with the New Year is just about here. Maybe, you’ve already started to think about it in the back of your mind or maybe you’ve actually taken action and started writing things down, in …
6 reasons you need good bookkeeping records it the topic for today’s blog post. I’m betting most of you are thinking that the reason you need good bookkeeping records is so you don’t piss off the IRS. That’s part of it, but really there’s so much more to it than that! Maybe up until now, …
When should I start a bookkeeping system for my handmade or creative business is a question that is asked a lot. Let’s start with WHY its hard to get a straight answer to this question: There’s a lot of conflicting information out there on the internet. Some of this information is outdated and you won’t …
The results for the quiz asking if your bookkeeping needs are simple or complex ARE IN!!!!!!! Are you excited? I’m so excited to share the results with you. In case you missed last weeks blog post, which was a Quiz: Your handmade business bookkeeping – Is it simple or complex. If you missed it, you …