Consultants and Money

EricaGoode.com

Info on how to use the Child & Dependent Care Tax Credit to save money on your taxes when you send your kid to summer camp.

Referenced Links:

• IRS Info Page - https://www.irs.gov/credits-deductions/individuals/child-and-dependent-care-credit-information

Connect with Erica:

• Instagram

• LinkedIn

• Email List

• IRS Info Page - https://www.irs.gov/credits-deductions/energy-efficient-home-improvement-credit
• Energy Star - https://www.energystar.gov/
• Form 5695 Residential Energy Credits - https://www.irs.gov/forms-pubs/about-form-5695

Connect with Erica:

• Instagram
• LinkedIn
• Email List

Thinking about spending time abroad and running your coaching or consulting business outside of the US?

In this episode, I'm joined by Laurie Marson, CPA, who breaks down the complexities of working as a self-employed expatriate and how it affects your taxes.

Find complete show notes here: https://www.ericagoode.com/podcast/ep39

Connect with Laurie Marson:

http://www.marsonaccts.com/

[email protected]

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

This episode talks about:

• Top episodes since the podcast launch
• Future plans for the podcast

Episodes Referenced:

1. If you're just starting out:
   • Ep 3 (10/4/22) - Business Money 101: Financial Foundations
   • Ep 4 (10/11/22) - Business Money 101: LLCs & EINs
   • Ep 5 (10/18/22) - Business Money 101: Business Insurance
   • Ep 6 (10/25/22) - Business Money 101: Bank Accounts
   • Ep 7 (11/1/22) - Business Money 101: Bookkeeping Processes
2. If you're thinking of scaling your business:
   • Ep 29 (3/28/23) - Scaling the soloist business model with Jonathan Stark and Rochelle Moulton
   • Ep 24 (2/28/23) - The truth about membership programs with Natalie Eckdahl
3. If you have the same question everyone else has:
   • Ep25 (3/7/23) - How to Pay Yourself - salary vs profit vs owner distribution

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

Do you want to feel empowered in your small business financial decisions? Are you tired of feeling unsure about your finances?

Today I'm sharing an interview with Fathom, the financial forecasting software that I use. We discuss a solution - proactive financial planning that leads to decisive and confident choices.

Say goodbye to financial stress and hello to financial confidence.

When you can avoid guessing, you have an opportunity to make an educated decision that you feel confident about. - Erica Goode

Learn more about Fathom here.

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

"To help people ignite their second wind, and to confront midlife transitions with meaning and adventure."

Olympic gold medalist, author, performance coach, resident-of-Spain, and mid-lifer, Joe and I connect some of the dots between midlife transitions, spiritual components, financial preparedness, how to "do the work" and (maybe more importantly), how to let go!

As he shared his personal story, some of the topics we covered are:

• What exactly IS midlife?
• Some of the deep, powerful, and meaningful, work he processed
• The relationship between purpose and our inner/outer voices
• How to reset and redefine high performance in a way that is meaningful and attainable every day!
• His approach towards retirement - and how to bring forth your own approach
• The difference between our goals and our purpose

Good purpose aligns the outer voice and the inner voice. But often, our inner voice has been quieted for a long time. -Joe Jacobi

Connect with Joe Jacobi:

• Find his book on Amazon - Slalom: 6 River Classes About How To Confront Obstacles, Advance Amid Uncertainty, & Bring Focus To What Matters Most - https://amzn.to/3NyQRxU - Joe's reflections, experiences, relationships, and strategies from more than 40 years on the river transferred to navigating your river of the life

• Get Sunday Morning Joe - https://joejacobi.ck.page/c5b7be8e26

• On LinkedIn - https://www.linkedin.com/in/jacobijoe/

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

• Can ChatGPT save your business money?
• Can ChatGPT make the hours you work more profitable?
• How can we as business owners leverage the power of AI to make our services more fluid, and our processes more time-efficient?

Tune in to today's episode where I answer these burning questions...and more.

And I'll provide some inspiration for not only how to use it in your business...but why! (Using ChaGPT, of course!)

AI will never replace what only YOU can provide to your clients, but as a soloist, AI can help you be more profitable and efficient.

Your homework this week: spend 30 minutes and do a brain dump for how you can use AI in your space.

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Get me in your inbox: https://www.ericagoode.com/newsletter-signup

Last week I shared pat 1 of a happy hour conversation that my husband and fellow CPA, Ben Goode, and I had about retirement.

If you haven't already, you can catch that episode here.

Today we're wrapping up our conversation and talking through...

1. Social Security - will it be here when I'm ready to retire?

2. Updates about Congress' new law, the SECURE Act 2.0 (and what it means for you)

3. How college savings and retirement savings can play together

4. And a neat trick that allows you to travel around the world for a reasonable cost!

Connect with Ben Goode:

on LinkedIn - https://www.linkedin.com/in/benjamingoode/

and Instagram - https://www.instagram.com/smokin_idahoan/

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

In episode 12, I had a casual conversation with fellow CPA, and my hubby, Ben Goode about Top Idaho Breweries and Tax Write-Offs

Today's episode is part 1 of another "Happy Hour" conversation, where we're talking about retirement plans (ours and things you might want to think of, too) and sharing our thoughts on these topics:

1. Can you save too much for retirement?

2. Retirement savings for W-2 earners vs. small business owners

3. Different retirement savings plans for the self-employed and the approach they need to take.

Check back next week for part 2!

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***

Happy Tax Day!

This is your friendly reminder that if you haven't already, today's the day our taxes are due. And if you've filed an extension - no shame in that, either - you still have to pay Uncle Sam if you owe them anything. So there's that :-(

But to help take the sting out of the day, check out some of the Tax Day deals I found! How does a no-cost cookie, discount chicken meal, or free hydromassage sound?

See, it's not all bad...

Find some sweet "tax day" deals here!

Connect with Erica:

• Instagram @erica.goode.cpa
• LinkedIn: Erica Goode, CPA
• Newsletter sign-up: https://www.ericagoode.com/newsletter-signup
• ***FREE Tax Deduction Guide***