TEMPORARY Meals Deduction Change

TEMPORARY Meals Deduction Change

Related Posts: ⭐️Business Meal Deduction 101 There have been so many tax changes since the beginning of the pandemic but this one may have slipped past you… You may be familiar with the regular IRS rule that only allows you to deduct 50% of business meals You...
Owner Draw 101

Owner Draw 101

Have you heard the term Owner Draw, but you’re not really sure what it covers? Are you sure you understand all the types of transactions that can be considered an Owner Draw? Today I’m going to go through Owner Draws and lay it all out for you. So...
Tax ID EIN 101

Tax ID EIN 101

As you get your creative business up and running, there’s so many things to understand. The question I get a lot is what is a Tax ID or EIN number? Do I need one? What is it used for? How do I get one? Today we’ll discuss when you need a Tax ID/EIN, how to...
DBA and LLC: How To Be Legit

DBA and LLC: How To Be Legit

Did you know the second that you receive money in exchange for a product or service or even something that’s part of your side hustle, you’re considered a sole proprietor? I’m going to make sure you understand what that means for you and show you how...
How To Pay Yourself

How To Pay Yourself

Have you ever wondered how to pay yourself?  Can you confidently say that you are paying yourself correctly? When you’re rocking your creative business and you’re finally making money, you will still have personal bills to pay. How to pay yourself is a...
Why Venmo Is Bad For Your Business

Why Venmo Is Bad For Your Business

I handle the bookkeeping for Creative Entrepreneurs and recently noticed many transactions hitting my clients’ books from VENMO. I instantly did a little research to figure out what VENMO was. I quickly realized why it was so popular. Venmo is a peer to peer payment...

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