• 91. Business Owner's Guide to a Smooth Tax Season and End of Year Filings
    2025/01/22

    Send us a text

    Tax season is here and this episode delivers our help to navigate it successfully. We discuss critical deadlines, necessary filings, and how to prepare efficiently for your taxes while avoiding common mistakes. We cover all the questions that have been hitting our inbox this week to help you get 2024 wrapped up and organized to file your tax return!

    • Importance of early preparation for tax season
    • Key deadlines for end-of-year filings like W-2s and 1099s
    • 1099 requirements and deadlines
    • Using QuickBooks and digital tools for filing
    • What documents to submit to your CPA
    • Important tax due dates
    • Tax extensions and penalties

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    18 分
  • 90. Achieving Your Business Goals in 2025
    2025/01/08

    Send us a text

    Setting clear goals at the start of a new year is essential for any business's success. We encourage deliberate planning to review past performance, establish actionable goals, and stay aligned as a team throughout the year.

    • Reflecting on last year's successes and challenges
    • Setting realistic and actionable goals for 2025
    • Weekly meetings for team alignment
    • Updating and refining standard operating procedures
    • Proactive client communication and training strategies
    • Discussing budget and marketing efforts
    • Documenting meeting notes for accountability and progress tracking
    • Emphasizing work-life balance alongside business growth

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    19 分
  • 89. BOI Report: Important Legal Updates and Filing Tips!
    2024/12/18

    Send us a text

    Please note: There is a temporary pause in enforcement of the BOI Report filing following a significant court ruling this month. Though we do think the BOI report will eventually need to be filed at some point.

    This episode walks you through how to file your BOI report on the FINCEN website if you have not yet filed!

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    17 分
  • 88. Throwback: New Business Owner? You're likely a Sole Proprietorship without knowing it!
    2024/12/04

    Send us a text

    THROWBACK EPISODE! OLDIE BUT GOODIE :)

    If you started a business and didn't file any paperwork, what type of business are you??? Do you know???

    The IRS will automatically classify your business as a sole proprietorship and that you will file the business income and expenses on Schedule C of your personal tax return. So not much will change except for your tax return!

    If you filed an LLC, you can still be classified as a Sole Proprietorship. You will have some additional filing requirements for the state you filed the LLC in.

    In this episode we discuss:

    -Do you need an EIN for your sole proprietorship?
    -What expenses can you deduct (i.e. save $$ in taxes)?
    -How do you file your business taxes?
    -What other filing requirements do sole proprietors have?
    -Can you be an LLC and a sole proprietorship?

    If you are new to owning a business, this episode is a perfect place to start educating yourself on paying taxes as a business owner!

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    16 分
  • 87. Debunking Common Tax Myths: What You Really Need to Know!
    2024/11/20

    Send us a text

    Join us as we challenge common tax myths that we hear often from clients. We explain why your CPA doesn't need a collection of every single receipt, thanks to the magic of bank statements, and how the progressive tax system really works.

    Listen to this quick 10 minute episode to learn what's true and what's false (& impress your CPA this tax season)!

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    10 分
  • 86. Year-End To-Do List For Business Owners!
    2024/11/06

    Send us a text

    There are SO many things for business owners to do at the end of the year + the first month of the new year! It's a LOT!

    This episodes guides you through what you should check off your list before the end of 2024. We help you get organized for tax time and explain what you can do before the year ends to reduce your taxes!

    With these actionable insights, equip yourself to minimize tax liabilities, align with your business needs, and confidently step into the new year penalty-free.

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    25 分
  • 85. Owner Distributions & What All Business Owners Must Know About Them!
    2024/10/23

    Send us a text

    Confused about transferring money from your business to personal accounts? Whether you run a partnership, S-corp, sole proprietorship, or partnership, we'll guide you through owner distributions and explain why these transfers aren't classified as expenses.

    This episode is a must-listen for business owners confused on how to account for owner distributions and how they work! Tune in and empower yourself with the knowledge to tackle owner distributions head-on.

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    14 分
  • 84. Why Bad Bookkeeping Is Costing You Money! Common Mistakes We See
    2024/10/09

    Send us a text

    Are you using QuickBooks or another accounting software? Are you using it correctly?
    In this episode we discuss the big issues we see with Quickbooks (mainly user errors) and the biggest bookkeeping mistakes we see often.

    With QuickBooks subscription costs on the rise and many client complaints, we have a new tool in the works!

    Get excited about our new bookkeeping tool set to launch in early 2025, to simplify tax estimation and expense tracking. The tool will offer more than just basic tracking; it aims to revolutionize how you handle mileage, assets, loans, and home office deductions. Let us know what else you'd like to see included!

    Join the waitlist so you can be notified when it is ready HERE

    Create a STAN Store - Click here to try it out!

    Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



    Shop our business guides!

    Our Instagram Page

    Our family page

    続きを読む 一部表示
    17 分