Sunlight Tax

One of the top questions I get asked in my one to one consultations as a tax accountant for creative entrepreneurs is: Do I need an LLC?   Today, I'm diving into LLC's and explaining from an accounting perspective the details of why entrepreneurs might consider changing their business status to an LLC and the benefits that come along with it.    Join me in this episode to learn more about LLC's an...

Today, I'm explaining the home office deduction including how you can calculate your own home office deduction when you're filing your taxes as a creative entrepreneur this upcoming tax season.   Join me in this informative episode to learn a simplified way of calculating this important deduction and how you can make sure you're getting the most out of it this tax season.    Also mentioned in toda...

In today's episode, I'm talking about a very important topic: how to pay yourself first as a creative entrepreneur and how you can grow your stash of fuck you money.    Join me today, to hear the important steps you can take to make sure that you set yourself up for financial security and why it's never too late to start contributing to your IRA.     Also mentioned in today's episode:    Why you s...

Are you a creative entrepreneur who's been wondering when you should hire an accountant or if you'll be able to just do your own taxes?   In today's episode, I'm breaking down some of the most common scenarios that you might want to consider actually hiring an accountant and when you can just do your own taxes as an entrepreneur.    Join me in this informative episode to learn the best times to co...

Today, I'm diving into the second part of paying estimated quarterly taxes and sharing how you can actually calculate what your quarterly payments to the IRS should be.    Join me to learn how you can determine your payments and why you should stop focusing on perfection and exact numbers.    Also mentioned in today's episode:    How to get started paying your estimated quarterly taxes 4:40 Safe h...

If you're a creative entrepreneur, chances are that you might be confused with the idea of paying your estimated quarterly taxes.   Today, I'm breaking down all of the details about estimated quarterly taxes including how to know what you owe and when you need to submit payment to the IRS.    Join me in this informative episode to learn how you can stay caught up on your taxes and how you can avoi...

This week, I'm giving you a quick and practical episode answering some of the common questions I've received about 1099's so I can clarify any confusion before this upcoming tax season.     Join me in this episode to get important details and information about 1099's including what you should do if you don't receive one from someone who's paid you.   Also mentioned in today's episode:    Do you ne...

Preparing for tax season can be overwhelming especially if you're a business owner.    In this week's episode, I'm sharing some of the easy tips I have for you as a creative entrepreneur preparing for tax season.     Join me in this informative episode to learn the action tips you need to take today to make your tax season seamless and stress-free.    Also mentioned in today's episode:    How to s...

In this week's special bonus episode, I'm breaking down any confusion and explaining all of the details you need to know about 1099s as a creative entrepreneur, including whether or not you need to issue one to your independent contractors.     Join me in this episode to get a head start on the upcoming tax season and to hear about the live workshop I'm hosting to help you get prepared when it com...

Today, I'm sharing my thoughts about why it's so hard for creative entrepreneurs and ethically aligned people to get well served when it comes to money.    Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth.    Also mentioned in today's episode:    Why is it so diffi...

Bookkeeping and accounting are topics that can intimidate and confuse a lot of entrepreneurs so in today's episode, I'm deep diving into what bookkeeping really is and why you need it as a business owner. I'm also sharing who actually needs a complicated bookkeeping system and who can stick to something simple.    Join me in this episode to get a quick lesson on bookkeeping and learn how you can s...

In this first episode of 2023, I'm sharing some of what the Biden administration has accomplished and the incredible strides that have come from the newly passed Inflation Reduction Act.    I go into detail on how the Inflation Reduction Act could directly benefit you and why this act is such a big deal for the environment.      Also mentioned in today's episode:    Why the tax code isn't equitabl...

Taylor Smalls is a contemporary painter who runs her own studio practice based in California.     In today's episode, Taylor joins me to chat about how she made the shift from working in architecture to being a full-time artist and what she's learned along the way with pricing and business structure.    Join us in this episode as we share valuable tips on making the leap from corporate to creative...

Today I'm talking about a subject that can trigger people and bring up a lot of emotions: pricing.    In this follow up to episode 20, where I spoke about my personal pricing journey, I'm sharing the pricing phrases and boundaries that have helped me as a creative entrepreneur.  I'm also giving you some actual wording that I have used in past business interactions that you can use as a template fo...

As year-end approaches, I'm sharing how you can create a financial end of year strategy for yourself as a creative entrepreneur and how you can plan for your taxes to maximize the amount of cash you make.     Join me in this value-packed episode to learn how to get a head start on your taxes now.   Also mentioned in today's episode:    How you can reduce your taxable income 7:08 Itemized deduction...

In today's episode I'm reflecting on my business and some of the lessons I've learned while being a creative entrepreneur including some of the pivots I've made to my flagship program, how my pricing has changed over the years and my reasons behind it.     Join me in this episode to hear more about the backend of my business and how you can find the perfect pricing that aligns with you.   Also men...

Imagine (Sneha Shrestha) is an artist, educator and social entrepreneur from Kathmandu, Nepal. She established Nepal's first Children's Art Museum and worked at Artists for Humanity. Sneha recently graduated from Harvard Graduate School of Education with a Master's degree in Education.   Sneha is also known as IMAGINE in the art world and has established herself as Nepali street artist meshing the...

Gretchen Carder is the owner of Good Quilt and a member of Money Bootcamp. Gretchen has a background in graphic design and now works with textiles as a quilter.     On today's episode, Gretchen joins me to talk about her experience transitioning from corporate to working with textiles as a creative entrepreneur, how her decision to join Money Bootcamp helped her gain clarity and confidence in her...

In today's final episode of the Money School Bonus Series, I'm sharing why waiting costs you money when it comes to building financial security and how you can start investing to grow your wealth today.    Join me to learn how you can push past your perfectionism, take action and start growing your money to gain financial freedom.  Also mentioned in today's episode:    Why waiting costs you money...

Don't Hustle, Don't compromise, Just Maximize: Money School bonus series   Today, I'm rounding out the Money School Bonus Series by sharing how you can maximize the money you already have and get your money to work for you.    Join me in this episode to learn a 5 minute rundown of exactly what money buckets you need and what order to fund them, plus what I call the "Power Triangle." It's the secre...

In today's episode of the Money School Bonus Series, I'm explaining what self-employment tax is, why tax deductions are so important as a creative entrepreneur and how they save you more money than you may think.  Join me in this informative episode to learn the details about self-employment tax and how you can make sure you're getting the most out of your deductions each year.    Also mentioned i...

Receipts. Your tax return. Bookkeeping. In this week's episode and part of the Money School series, I'm sharing three different systems that you need for your business when it comes to managing taxes so you can get more organized and be less stressed. When you understand the difference between these three things, you will stop wasting time, and you will instantly feel more organized. I'm also expl...

In this week's bonus episode, I'm giving you all the details about how you can take advantage of President Biden's Student Loan Forgiveness plan for your federal student loans, including how you can apply, what you need before applying and if you qualify.  I also give a hot tip on getting your application processed faster.   Join me in this practical episode to learn all the details of this progra...

If you're a creative professional and entrepreneur, you've probably had a negative encounter with an accountant before where they didn't take your business seriously.     In today's episode and the first segment of our Money School Series, I want to talk about what accountants typically get wrong about creative people and why you might feel judged or alienated when it comes to your financial state...

Today, I'm interviewing 2 candidates running for office here in Western North Carolina. Jasmine Beach-Ferrara is a North Carolinian, Christian minister, founding director of the Campaign for Southern Equality (CSE), and mother of 3. Service and faith are the driving forces in her work, from teaching in prisons to founding an organization to advocate for LGBTQ equality across the Deep South. By sho...