Today on the podcast, I'm going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. Also mentioned in today's episode: <ul> <li dir="ltr" aria-level="1"> The main differences between 1099 and W2 income when it comes to taxes 2:30 </li> <li dir="ltr" aria-level="1"> The importance of bookkeeping when you're self-employed 5:45 </li> <li dir="ltr" aria-level="1"> The importance of keeping records and being prepared for IRS inquiries 14:53 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: sunlighttax.com/deductions

Today on the podcast, I'm going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. Also mentioned in today's episode: The main differences between 1099 and W2 income when it comes to taxes 2:30 The importance of bookkeeping when you're self-employed 5:45 The importance of keeping records and being prepared for IRS inquiries 14:53 If you enjoyed this episode, please rate, review and share it! Links: sunlighttax.com/deductions

Today on the podcast, I'm going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual. Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple. Also mentioned in today's episode: <ul> <li> The main differences between 1099 and W2 income when it comes to taxes 2:30 </li> <li> The importance of bookkeeping when you're self-employed 5:45 </li> <li> The importance of keeping records and being prepared for IRS inquiries 14:53 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: sunlighttax.com/deductions

1099 vs W2 Income and Why it Matters

Making money isn't usually the top priority for big vision creators — making a difference is.

But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted.

This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?"

Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. 

Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax.

If this sounds good to you, please subscribe to the show, and share it with a friend.

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Making money isn't usually the top priority for big vision creators — making a difference is. But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted. This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?" Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax. If this sounds good to you, please subscribe to the show, and share it with a friend.

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1099 vs W2 Income and Why it Matters

1099 vs W2 Income and Why it Matters

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