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set aside your self-employment taxes

Self-employment taxes & your handmade business

Self-employment taxes are your responsibility when you have a handmade business. You don’t have a choice and you can’t choose when you start contributing or paying these types of self-employment taxes. Tax payments are a major part of running your handmade business – you have the Sales Tax payments to the State that you need …

Why do I need to do bookkeeping for my handmade business?

Bookkeeping is essential for your handmade business. Transitioning from a hobbyist to a business owner requires a mindset shift and diligent tracking of expenses and revenue. By keeping accurate records, you gain insights into your profitability, make informed pricing decisions, and fulfill tax obligations. Though it may seem daunting, effective bookkeeping is crucial for managing your business finances. Discover why this is a must-read for handmade business success.