19 min listen
054: Tax Tips for the Side Hustler with the Bookkeeping Artist
FromPopcorn Finance
ratings:
Length:
16 minutes
Released:
Apr 9, 2018
Format:
Podcast episode
Description
Starting a side hustle is a great way to bring in some extra income, but it is not tax free. Katherine Pomerantz from BookKeepingArtist.com popped by to share some great tips to help you get your side hustle tax situation in order. The Bookkeeping Artists Side Hustle Tax Tips 1. Don't Stress 2. Get an EIN (Employer Identification Number) from the IRS so that you don't have to give out your Social Security Number 3. Open a separate bank account just for your side hustle income and expenses 4. Track your hours worked. This may help you deduct portions of your household expenses such as internet and phone service 5. Make sure you have the correct licenses and permits for your side hustle If you need additional help Katherine is available for private Strategy Sessions at BookKeepingArtist.com Full Show Notes at PopcornFinance.com/54 Don't forget to take the quick 1 minute survey to help shape the future of Popcorn Finance! Popcorn Finance Survey Were you planning on shopping on Amazon? Help support the show for free using the Amazon link below Support Popcorn Finance on Amazon How to be featured on the show You can record a voice note and email it to me at Questions @ PopcornFinance .com Send a call in through the Anchor app Use SpeakPipe to leave me a voicemail https://www.speakpipe.com/PopcornFinance Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance
Released:
Apr 9, 2018
Format:
Podcast episode
Titles in the series (100)
004: Your Financial Journey w/ Jamila from JourneyToLaunch.com: On Episode 4 of the Popcorn Finance Podcast I was honored to have Jamila from and host of the join the show to discuss her financial journey. I first came across Jamila and her story on Instagram when she shared that she, along with her... by Popcorn Finance