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, 2021, 2022, 2023, etc.). 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 …
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 …
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 …
Are the bookkeeping needs for your handmade business simple or complex? Now, that I have you thinking about this – take this quiz to find out, it should take less than 10 minutes! I know everyone wants a bookkeeping system that’s simple and easy to use. But sometimes it’s just not possible because YOU are …
Have you set your 4th quarter and year end goals? Everyone in various Facebook groups is talking about goal setting. But no one is talking about setting year end goals to handle your finances. That’s where I come in 🙂 During the last 3 months of this year, I’m going to focus on helping you …
Learn how to record an Owner Contribution in your bookkeeping records for your handmade or creative business. An Owner Contribution is: money that you take out of your own pocket or the family finances/budget to fund your handmade or creative business NOT Income for your business tracked on the Balance Sheet in the Equity Section …
I’m so sorry for the “vanishing act” and I owe you all a HUGE apology! On August 25, my husband went in for shoulder surgery. He had a torn rotator cuff and two torn/frayed tendons in his right arm/shoulder. He’s right handed, and to say his arm and shoulder were a mess – would be …
