Sunlight Tax

Today, I'm going over the importance of issuing 1099 forms if you're self-employed, including who needs to receive them, the deadlines and penalties involved if you miss it.    Tune into this episode to get an understanding of the 1099 process and to get strategies to simplify issuing 1099s, so you can stay organized and avoid any penalties.    Also mentioned in today's episode:    Types of 1099 f...

Today, I'm giving you a comprehensive January checklist to help organize your taxes if you're self-employed so that you can have a headstart on your taxes for 2025.     Tune in to this episode to get a strong start to the tax year and put systems in place to simplify your tax preparation process.   Also mentioned in today's episode:    Why you should check your odometer now 2:11 Issuing 1099's and...

In this debut episode of 2025, I'm going over some of the new 2025 tax law changes, how they might affect you as an entrepreneur and how you can prepare for these changes.    Join me today to learn how you can make sure you get a head start on these upcoming tax changes.    Also mentioned in today's episode:    Mileage tracking 1:52 Secure 2.0 Act and retirement contributions 5:44 1099-K changes 9...

Today, I'm talking about the importance of preparing for tax season specifically when it comes to issuing 1099 forms, including when you need to issue one and the deadline.    Join me in this episode to learn how and when you need to obtain your W9 forms and issuing your 1099's from your contractors.    Also mentioned in today's episode:    1099 requirements 4:10 Compiling contractor payments 4:43...

In today's episode, I'm talking about the importance of understanding the April 15 tax deadline, which serves as a triple deadline for self-employed individuals and giving you some tips on how you can be prepared.    Join me in this episode to learn how you can avoid financial stress and plan ahead to have the necessary funds for the April 15th deadline.   Also mentioned in today's episode:    The...

Today, I'm continuing my series about year-end tax saving tips and talking about charitable contributions and their tax implications for self-employed individuals including strategies for maximizing your charitable contributions.    Listen to this episode to get all the information you need to maximize your charitable donations and to learn the tax limitations of donating your creative work.     A...

Today, I'm continuing my series about year-end tax saving tips and giving you some strategies on how you can maximize your tax deductions as an entrepreneur using business expenses.    Join me in this informative episode to learn how you can prioritize your bookkeeping and accelerate your expenses to make sure you get the most out of your tax deductions this upcoming year.    Also mentioned in tod...

Today, I'm continuing my series about year-end tax tips and discussing why it's so important to contribute to tax-advantaged retirement accounts. I'm diving into the differences between 401k's, traditional and Roth IRAs, as well as the SEP IRA option for self-employed individuals.   Join me in this important episode to learn how you can maximize your tax savings and retirement contributions.   Als...

  Today, I'm chatting about healthcare related year-end tax planning strategies that you can use to save money if you are self-employed. I'm diving into the differences between Flexible Spending Accounts and Health Savings Accounts including the benefits and how you can maximize your contributions.   Join me in this episode to learn how you can make sure you're making the most of your healthcare s...

Today, In the wake of the election, I'm sharing my personal recipe for maintaining your mental health during tough political times and emphasizing the importance of taking care of your basic needs. I'm also talking about how you can focus on finding joy in the small moments and connecting with loved ones, rather than getting caught up in the negativity of social media and constant news consumption...

In today's episode, I'm going over the IRS benefits for those affected by federally declared disasters and highlighting the automatic qualification for disaster relief, including filing and payment extensions, and the option to file an amended return.   Join me to learn about the various IRS tax benefits and relief measures available to you if you're ever impacted by a federally declared disaster....

Today, I'm discussing the tax implications of mutual aid funds and how it relates to the context of Hurricane Helene's impact here in Western North Carolina with the creation of paypals and fundraisers for donations.    Join me in this important episode to learn how to handle the tax side of mutual aid and how to make sure you're staying on the right side of the IRS.     Also mentioned in today's...

Today, I'm diving into the topic of Sales Tax vs. Income Tax and emphasizing why it's so important for you to know the difference.    Join me in this episode, to learn more about the differences between sales tax and income tax and how it can affect you as an entrepreneur.     Also mentioned in today's episode:    The main differences between sales tax and income tax 11:13 Registration and filing...

In today's episode, I'm sharing the importance of disaster preparedness, and giving you some of the lessons I learned from living through Hurricane Helene so you can be prepared for your own potential disaster.    Join me in this short and important episode to learn what you need to have and do, to be ready for a natural disaster.    Also mentioned in today's episode:    Over preparation and docum...

Today, I'm sharing an episode of a podcast I recorded for my friend and fellow artist Paddy Johnson's podcast Art Problems, where I talk about the severe impact Hurricane Helene has had on my town of Asheville, North Carolina. I'm also sharing some important information on how you can help.     Also mentioned in today's episode:    Details of the studio flooding 5:19 Initial flood observations 11:...

  Today, I'm giving you a life update from my home in Asheville, North Carolina after suffering from the devastation of Hurricane Helene. In this episode, I'm also providing some different ways that you can help people directly here in Asheville.      Also mentioned in today's episode:    Hurricane Helene and the effects 1:52 Challenges and community spirit 3:10 My gratitude and how you can help 4...

Today, I'm talking about the emotional and psychological challenges of navigating money as a self-employed individual and sharing my own personal experiences with money mindset struggles while giving you some tips on how you can push past these mindset blocks.    Join me in this episode to learn the 3 keys on how to shift your mindset away from thinking negatively about money and gain some practic...

Today, I'm Discussing the balance between passion and monetization in creative work and some of the themes of patriotism and optimism that I identify with in the Harris Walz campaign, including how it relates to civics.     Join me in this episode to learn about some of the benefits of the U.S. tax code for small businesses and why civics is so important.  Also mentioned in today's episode:    Bal...

In today's episode, I'm chatting about the common cycle of pain self-employed individuals face during tax season and how tax preparation services often lack the education necessary to break this cycle.   Join me today to learn how you can implement systems that can help you avoid large, unexpected tax bills and penalties going forward.    Also mentioned in today's episode:    The cycle of pain: th...

Today, I'm giving you a short and sweet episode where I discuss the confusion surrounding the term "corporation" in tax and business contexts and explain how the word can be used differently depending on who is using it.     Join me in this episode to get some clarification on the term "corporation" and how it relates to you as a business owner.    Also mentioned in today's episode:    Understandi...

In today's episode, I'm talking about the importance of understanding investing fees and sharing some of the free resources and tools available that you can use to learn about investing principles and spot potential scams.    Join me to learn more about investing and the long-term impact that fees can have on your investment return.    Also mentioned in today's episode:    The importance of divers...

Today, I'm discussing the benefits of investing for small business owners and historically marginalized groups, highlighting lower tax rates and talking about why it's so important to invest for personal financial growth.   Listen to this value-packed episode to learn the best ways you can start investing today.    Also mentioned in today's episode:    Why investing is advantageous due to tax rate...

Today, I'm sharing my personal experience using a commercial tax software, TaxSlayer, and highlighting some of the limitations and lack of transparency I observed. I'm also chatting about some of my frustrations and the unethical practices I saw while using the program.     Join me in this episode, to hear my tax filing experience and why I think it's so important to have a tax education.    Also...

Today, I'm talking about the importance of a positive mindset and budgeting for financial well-being, including why you should prioritize having a personal finance education.    Join me in this episode to hear more about how you can prepare your finances by cutting your non-essential spending and making your savings a top priority.    Also mentioned in today's episode:    Keeping track of what you...

In today's episode I'm sharing some insights on managing your finances as a creative entrepreneur, and emphasizing the importance of an emergency fund, financial knowledge, and how you can avoid financial disaster.    Join me today to hear some basic steps to control your finances and how you can start investing today.    Also mentioned in today's episode:    Why you need an emergency fund 4:30 Ho...