Business Formation Services for Photographers (LLC, DBA, S-Corp) Need Help? We got you!

Your quarterly taxes are due June 15th! Are you ready?

Join me LIVE on June 1st for my Estimated Taxes 101 Workshop! When you enroll, you will also unlock access to the replay!

By the end of this workshop you will:

👉Be confident with Estimated Taxes - no more stressing out about what you don’t know and no more being worried you're doing something wrong!
👉Know exactly when to pay your estimated taxes and how much to pay - so you can be on time and avoid any penalties and fees.
👉Owe less at tax time! - no more chance of owing an outrageous amount every tax season and having to come up with the cash fast.
👉Finally have peace of mind because you know you are compliant with the IRS - no more worries that they're going to come after you and flood your mailbox with penalty notices.

Are you ready to grab your seat? Head to the link in the bio!

📸 @moonshinebuffalo

Are you a photographer who is ready to get their business financials in order?

If you answered yes, the Estimated Taxes 101 workshop may be for you! Here is how you'll know:

👉You aren't sure what exactly an estimated payment is and possibly didn't even know they are REQUIRED by the IRS.

🙋‍♀️You know you need to get compliant with estimated payments, but you don’t even know where to begin.

🤷‍♀️You aren't sure how to figure out how much you need to pay, especially since your business income can be sporadic depending on the number of client shoots you get.

🥳You’re ready to be quarterly tax compliant and confident so you can focus your energy on connecting with your clients and growing your photography business.

Want more information? Comment Estimated Taxes below!

If you aren't making Estimated Tax Payments for your photography business...it is time to start.

Estimated Taxes ARE NOT optional.

Luckily for you, I am here to help you break down estimated taxes and understand how to handle them!

Save this for reference and don't forget to share to spread the news.

If you are doing your bookkeeping on your CRM, you need to STOP!

This is a common issue that I see when it comes to bookkeeping in photography businesses. While a CRM has the capability of doing very basic bookkeeping, it is not actually designed to support your businesses financial sh!t. Every photographer who runs a business needs a professional bookkeeping app.

That’s because a CRM is great for handling very simple, on-the-surface bookkeeping. However, a professional bookkeeping app will capture all of your business’s financial data and organize it in a tax-compliant manner keeping you fully prepared for tax time, budgeting, and any possible audits.

Get all the inside details on CRM vs QBO on the blog. Link in bio.

If you want more information on QuickBooks Online and would like to get my exclusive savings for QBO, comment QBO below!

#photographerlife #northcarolinaweddingphotographer #photographerslife #duluthphotographer #lifestylephotographer #dearphotographer #momtogcommunity #forphotographers #adventureelopementphotographer #socialmediaphotography #nebraskaweddingphotographer #seeingthepretty #texasweddingphotographer #stlphotographer #creativeatheart #photographersofinstagram #sierravistaweddingphotographer #familyphotographers #risingtidesociety #wnyphotographer #allthethings #sierravistaphotographer #stlweddingphotographer #seattlephotographer #bookmoreclients #momtographer #indyphotographer #igtips #femalephotographer #communityovercompetition

What CRM should Photographers be using?

In my opinion, DUBSADO - all the way. Here is why:

Dubsado integrates PERFECTLY with QBO. This not only simplifies bookkeeping for you - so you can focus on your photography.

Dubsado will track the income that you invoice out and the expenses that you manually enter, which will produce a simple profit & loss statement. This simply lists your income minus your expenses and gives you the difference. This difference is known as your net income (this is the number you are taxed on).

Once you have your Dubsado and QBO integrated you'll have full reports for income and expenses, full profit and loss statements, bank sync, asset tracking, easy reconciliation, liabilities, owner draws, owner contributions, balance sheet, payroll, 1099 tracking, and more!

These two systems turn your photography business into a well-oiled machine.

If you found this helpful, be sure to share!

Do you feel like you are drowning in your bookkeeping?

If so, you aren't alone! Photographers everywhere experience stress and overwhelm when it comes to bookkeeping and taxes. Why is that? Well, your expertise is creating! (and it is okay to not be a master of everything)

That is why I created Master Your Bookkeeping with QuickBooks Online. It's the only complete step-by-step program that shows you how to set up your QuickBooks Online for your Photography Business.

"Now I feel I can conquer my bookkeeping!...I was so far behind in my bookkeeping and I really didn’t think I could do it on my own, but I couldn’t afford to have someone do my bookkeeping for me, so I joined this program. Master Your Bookkeeping really is everything that is listed in the description and more. I feel more confident after going through this program, because now I feel that I can conquer this myself because I always know I have Tiffany to help me if I get stuck.” - Darby Browning

Are you ready to take control of your bookkeeping and be tax time ready next year? Comment MYB below for more information and be sure to share to spread the news!

A litte reminder: DON'T ACCEPT BAD TAX ADVICE!

In your photography business, you can't mess around when it comes to your bookkeeping and taxes. When you have questions about your business structure, finances, and even taxes, it is CRUCIAL that you are getting the CORRECT information so you aren't penalized down the road. If you get audited, the IRS isn't going to be concerned about what information you received - rather that everything is done correctly.

LUCKY FOR YOU, I have a free community for photographers that allows you to get the RIGHT information so you can have your financial sh!t in order. If you haven't joined Financially Focused Photographers yet, head to the link in the bio!

Have a bookkeeping or tax question? Drop them below!

Did you know that QuickBooks Self Employed is NOT actually designed for Photographers?

This is a common frustration that I see - Photographers enroll in QuickBooks Self-Employed and end up super frustrated.

QuickBooks Self-Employed is for those who are self-employed, yes, but not in the way you would think. QBSE is designed for the gig economy (think Uber, DoorDash, etc). These are self-employed individuals contracting work with others rather than growing their own business.

QBSE is missing some crucial features that you need for your photography business. Here are a few of them:
- No Integration with Third-Party Apps
- Tracking Sales & Sales Tax
- No Tracking or Preparing 1099’s
- No Recurring Transactions
- No Managing and Paying Vendor Bills
- Very Limited Reporting
- No Way to Reconcile Transactions
- No Payroll
- Limited Invoicing
- No Chart of Accounts

If you are finding yourself frustrated with your bookkeeping system - you're likely using the WRONG one! If you'd like more information of which system YOU need, comment QBO or send me a DM.

I have a question for you.

You are a smart, competent business owner… so why is it that every tax season has you scrambling to try to figure out what you need and stressing about whether or not you did it right?

I am here to help you - whether you are ready to learn exactly what you need to do OR you are ready to pass the torch and let us do the leg work for you.

Today is the day to jump in and stop guessing and start knowing. We’ve created affordable courses and programs to teach you exactly what you need for your photography business so you can be empowered and thriving!

Are you ready?! Comment I'M IN for more information on these incredible resouces. Be sure to tag a fellow photographer who'd appreciate a hand with their bookkeeping, taxes, and accounting for their photography business.

It's Tax Day!

My goal is to help YOU be confident and stress free come tax time - and that is why I created Total Tax Transformation. Many of you have already filed your taxes, some of you are getting in today, and there are still plenty who are playing catch up.

No matter where you are, now is the time to get your financial sh!t in order so your taxes won't stress you out, your bookkeeping won't be overwhelming, and you'll have the support you need to understand where you are in your photography business!

Learn everything you need to transform your photography business into a legit, compliant, financially thriving machine so you can leverage your passion to financially fuel the life you want to live. An 8-week step-by-step course and coaching program that changes the way you do everything with your taxes for the better.

Head to the link in the bio for more!

Tax Day is almost here!

If you haven't filed yet - go grab the Tax Time Checklist for Photographers!

This is the checklist that I provide to all of my clients that will help ensure you have all the proper documentation together this week! Head to the link in the bio.

IMPORTANT INFO ON PAYING ESTIMATED TAXES

You can pay your estimated taxes via check or online. If you are paying with a check I encourage you to make sure that you put your name and social security number of the taxpayer on your tax return in the memo.

If your spouse is listed first on the tax return, it needs to be their information so that, when the IRS gets it, they put it to the right account. I have seen numerous times where the right information was not on there correctly or not on there at all, and the IRS put it out into nothing and sort of held it there until the taxpayer called saying, “Where are my estimated payments? I paid them,” because they received a letter saying they owed the money.

Then, after many hours on the phone with the IRS, were we able to connect those payments with that actual tax return. Make sure your memo has the taxpayer, so whoever’s listed first, social security number and name so it gets put on the right account.

You can also pay it online through their EFTPS system. You can see a history of your payments and pay electronically online.

Share this if you found it helpful and if you have any questions about estimated taxes, send me a DM!

#forphotographers #risingtidesociety #sierravistaweddingphotographer #photographerlife #nebraskaweddingphotographer #stlphotographer #duluthphotographer #wnyphotographer #photographerslife #photographersofinstagram #lifestylephotographer #creativeatheart #familyphotographers #adventureelopementphotographer #momtogcommunity #socialmediaphotography #seeingthepretty #texasweddingphotographer #dearphotographer #northcarolinaweddingphotographer #bookmoreclients #indyphotographer #igtips #femalephotographer #communityovercompetition #photographyeducation #calledtobecreative #bossbabes #ohiophotographers #creativeentrepreneur

What the heck are estimated tax payments?

Did you know that you should be making those? It’s not a choice. It’s a requirement. There are hefty penalties and fines for those under-paid and non-paid estimated tax payments.

I’m going to walk you through what you need to know about estimated tax payments for your photographers - comment if you found this helpful and share to spread the news!

📸 @moonshinebuffalo

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"As a new creative business solopreneur, I didn't have the resources to just hire a bookkeeper, and deep down I knew that understanding my books and finances was something that I needed to understand to fully own my CEO role. I just sucked at it. I am so grateful for Master Your Bookkeeping. I can't recommend it enough to my creative friends. Tiffany has a way of explaining the process in a way that us creatives get... beautiful, clear instructions with a friendly tone, it really felt like I was learning from a friend. I never felt that she was speaking over my head." Natalie Siebert

It is time to get your financial sh!t together friend! 👏

Together, we’ll get you on track once and for all through well organized bookkeeping, automated systems and proactive tax planning. Imagine being able to create more & stress less!⠀
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Join the exclusive, step by step course to master QuickBooks Online for your photography business. You can even join with our budget friendly monthly payment program.

👉 head to Master Your Bookkeeping woth the link in the bio.

I have a challenge for you!

Look at your books for the year - do you know what is going on with your bookkeeping? Have you even started in on it for the year? How is it going with tracking all the must-haves, liked deductions, receipts, and forms?

Regardless of whether you are caught up or not, there is time to get your books in order and make sure that you are up to date on everything so you are able to optimize your tax experience (and return) this year!

Want to know more about how you can do this? Comment 'I WANT MORE' below! I'll send you some awesome freebies and must-have education to get your bookkeeping under control.

📸 @moonshinebuffalo

Timing is EVERYTHING! Have you ever heard this saying?

But how do you know when is the right time to hire an accountant like myself? When I look back at my most successful clients, I see a few key patterns that helped them reach their goals with me.

Here is where they were when they hired me: "We trusted our previous CPA to get us on the right track and after a YEAR of working with him and lots of money lost, NOTHING had been done. It was as if our previous CPA expected us to know what to do or what certain forms or terms were. Needless to say, we are creatives, not tax professionals so we were stressed and our business was a huge mess! The struggle with taxes and payroll became so overwhelming that it, at times, felt as though running a business may not be right for us."

If you're reading this and thinking, "yes, Yes, YES"...then you could definitely be ready to take the next step. Send me a DM and let's see if we're a match to work together!

#mycreativebusiness #calledtocreate #makersgonnashare #weddingdestinationphotographer #weddingdestination #photographereducation #weddingphotographer #adventurephotographer #adventureweddingphotographer #elopementphotographer #intimateweddingphotographer #elopementphotography #learnphotography #photographybusiness #photography101 #photographyclass #photographyworkshop #photographyskills #photographygoals

Do you know how Sales Tax applies to your photography business?

Here is how this transformative self-paced course, Sales Tax 101, will help you!

👉 How sales tax pertains to you and your photography business in your resident state.
👉 How sales tax may apply for shoots you do in other states.
👉 How to know what sales tax rate to charge.
👉How to register, track, file, and pay sales tax as a photographer.
👉 What to consider with sales tax when picking a CRM or Gallery to use for your business.

Now is the time - head on over to the link in the bio and get your financial sh!t ready for tax time!

📸 @moonshinebuffalo

Never stress about Tax Time again!

🥳2022 is the year that you will have your financial sh!t in order.
🥳It is the year that you will be able to create more and stress less.
🥳It is the year that you will scale beyond belief!

Even though we are a few months into the year, there is still time to make the biggest change to your business - getting your financial sh!t in order!

If you haven't filed taxes yet - here are all of the resources you need to breathe easy and be tax time confident!

Check out these awesome resources: link in bio

Breakup with your bookkeeping: DM me!

Are you reconciling your books every month?

Catch up on WHY you need to reconcile your books every month and how it will help you come tax time!

👉 to the blog for more!

📸 @moonshinebuffalo

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Disclosure: Some of the links above are affiliate links, meaning, at no extra cost to you I will earn commission if you click through and make a purchase.

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