EP07 - Are You Ready for the 2025 Tax Overhaul? Learn How to Optimize Your Finances Now

In the premiere episode of Let's Get Fiscal, hosts Anastasia and Myiesha from Coterie Tax explain the significant tax changes in Washington's latest bill, the Big Beautiful Bill Act of 2025. They dive into crucial updates such as the return of 100% bonus depreciation, enhancements to state and local income tax deductions, and the continuation of the Qualified Business Income deduction. The hosts also discuss the expiration of the electric vehicle tax credit and the complexities around pass-through entity tax. Learn how these changes impact small business owners and the strategies to maximize benefits for a thriving creative business.

00:00 Introduction to Creative Business Taxes

00:43 Overview of the 2025 Tax Bill

01:45 Key Changes in Tax Provisions

03:28 Bonus Depreciation Explained

07:32 State and Local Tax Deductions

09:03 Pass-Through Entity Tax

15:06 Navigating Business Ownership and Tax Caps

15:34 Understanding the Qualified Business Income Deduction

18:21 Implications of the Electric Vehicle Tax Credit Expiration

21:05 Strategic Tax Planning for Business Owners

25:43 The Importance of Consulting a Tax Professional

27:35 Final Thoughts and How to Get More Information

🔗 Helpful Links & Resources

📬 Got a question for the show?

Submit it here: https://www.coterietax.com/qa

🎧 Want to listen to more episodes?

Catch the latest episodes at: https://www.coterietax.com/podcast

📊 Need personalized help with your business finances?

Learn more about working with Anastasia and Myiesha: https://www.coterietax.com

Let's Get Fiscal – EP09 - Avoiding Costly Contractor vs Employee Misclassifications

In this episode of Let's Get Fiscal, hosted by Anastasia Myiesha and Danielle from Coterie Tax, listeners are advised on the financial implications and legal risks of misclassifying workers as contractors instead of employees. The hosts break down the criteria that differentiate an employee from a contractor, highlighting specific state regulations and the importance of compliance. They also discuss practical solutions and workarounds for business owners to protect their financial interests while meeting legal requirements. This episode is an essential guide for creative business owners who aim to scale confidently and legally.

00:00 Introduction to Business Classification

00:39 Common Misclassification Mistakes

00:58 Employee vs. Contractor: Key Differences

01:54 State Regulations and Compliance

02:26 Payroll Systems and Benefits

04:14 Workarounds and Solutions

06:48 Long-term Implications and Legal Risks

08:53 Ensuring Proper Classification

11:19 Understanding Employee Classification

12:07 Navigating State Regulations

12:49 Workarounds and Tax Implications

14:14 Employee Benefits and Tax Planning

16:12 Contractor vs. Employee: Key Considerations

19:17 Final Thoughts and Advice

🔗 Helpful Links & Resources

📬 Got a question for the show?

Submit it here: https://www.coterietax.com/qa

🎧 Want to listen to more episodes?

Catch the latest episodes at: https://www.coterietax.com/podcast

📊 Need personalized help with your business finances?

Learn more about working with Anastasia and Myiesha: https://www.coterietax.com

Navigating Business Write-Offs: Essential Tax Tips for Filmmakers

🎙 Let’s Get Fiscal – Episode 6

Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and Advisory

From buying gear to claiming your home office—what really counts as a write-off?

In this episode of Let’s Get Fiscal, the ladies of Coterie Tax break down what filmmakers and creatives can actually deduct from their taxes—without getting flagged by the IRS. They cover key topics like what qualifies as a legitimate business, how to define “ordinary and necessary” expenses, and where the line is between personal and business costs.

You’ll hear real-world examples (yes, including cosmetic surgery and private jets), learn how to navigate tricky tax deductions like home office use and vehicle mileage, and get pro tips on documentation that can protect you during an audit. Whether you’re on set, in post, or just launching your first project—this episode is a filmmaker’s financial toolkit.

🕒 Episode Breakdown

00:00 – Write-offs for filmmakers: What’s real vs. wishful thinking?

00:35 – Understanding deductions and your taxpayer rights

03:40 – What qualifies as a business (and why it matters)

07:16 – Defining “ordinary and necessary” expenses

12:54 – Proving gray-area deductions (cosmetic surgery, clothing, props)

18:06 – How home office deductions actually work

23:34 – Business use of car: What’s allowed and how to track it

27:56 – Final tips: Separation, documentation, and best practices

🔗 Helpful Links & Resources

📬 Got a tax or business question you want answered on the show?

Send it here: https://www.coterietax.com/qa

🎧 Want to hear more creative-friendly financial strategies?

Catch up on past episodes: https://www.coterietax.com/podcast

📊 Need help organizing and optimizing your business finances?

Work with the team at Coterie Tax → https://www.coterietax.com

🎙 Let’s Get Fiscal – EP04 - Most Creatives Are Asking the Wrong Financial Questions—Here’s What the Smart Ones Do Instead

Hosted by Anastasia & Myiesha | Coterie Tax and Advisory

Running a creative business? Knowing the difference between a bookkeeper, CPA, tax preparer, and strategist can make or break your financial success.

In this episode of Let’s Get Fiscal, Anastasia and Myiesha unpack the key financial roles that every creative business owner needs to understand. From handling day-to-day finances to long-term tax strategy, you’ll walk away with the clarity to hire smarter, communicate better, and scale with confidence. They also explore how artificial intelligence is beginning to reshape the finance world—what to watch for, and how to stay ahead.

Whether you’re a freelancer, agency owner, or scaling creative brand—this episode will help you make better financial decisions that fuel your growth.

🕒 Episode Breakdown

00:00 – Welcome to Let’s Get Fiscal

02:35 – What exactly does an accountant do?

03:22 – Bookkeepers: Your day-to-day financial superheroes

04:25 – CPAs and their wide-ranging expertise

06:34 – Enrolled Agents, CPAs & Tax Preparers: Who’s who?

12:38 – Tax Strategists: A rising necessity for creatives

14:33 – Why understanding roles can save you $$$

15:45 – How to decide who to hire for your business

16:18 – What should financial support actually cost?

17:54 – Avoiding confusion: How to speak your accountant’s language

20:55 – AI in Finance: Should you be worried or excited?

22:58 – Time vs Expertise: What to outsource, what to own

27:58 – Final thoughts: Building your financial dream team

🔗 Helpful Links & Resources

📬 Got a question for the show?

Submit it here: https://www.coterietax.com/qa

🎧 Want to listen to more episodes?

Catch the latest episodes at: https://www.coterietax.com/podcast

📊 Need personalized help with your business finances?

Learn more about working with Anastasia and Myiesha: https://www.coterietax.com

Unlocking Tax Savings with Short-Term Rental Strategies

🎙 Let’s Get Fiscal – Episode 5

Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and Advisory

Thinking about turning your Airbnb side hustle into a real tax-saving strategy?

In this episode of Let’s Get Fiscal, the Coterie Tax team breaks down the short-term rental “loophole”—and why it’s not a loophole at all, but a powerful IRS-approved tax strategy. Learn how to legally offset your business or W-2 income with losses from Airbnb rentals, how to properly qualify for those deductions, and what mistakes to avoid when choosing your property.

Whether you’re a business owner looking for tax relief or an investor curious about real estate, this episode will equip you with practical, actionable insights to help you leverage short-term rentals as a legitimate business—and keep more of your income.

🕒 Episode Breakdown

00:00 – Introduction: Saving on taxes with Airbnb

01:20 – Short-term vs long-term rentals: What’s the IRS difference?

03:05 – How short-term rentals qualify as business income

11:17 – The power of cost segregation and bonus depreciation

15:29 – Material participation: What it is and how to document it

20:57 – Choosing the right property (and what not to buy)

24:27 – HOA restrictions, personal use limits, and compliance

35:09 – Final thoughts: Building a strategy that works

🔗 Helpful Links & Resources

📬 Got a question about tax strategy or short-term rentals?

Submit it here: https://www.coterietax.com/qa

🎧 Want to catch up on past episodes?

Listen & subscribe here: https://www.coterietax.com/podcast

📊 Need help planning your short-term rental tax strategy?

Work with our team → https://www.coterietax.com

EP02 How Creatives Can Actually Retire: Roth IRAs, 401(k)s & Tax-Saving Strategies | Let’s Get Fiscal

🎙 Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and Advisory

Self-employed? Freelancer? Scaling a creative business?

You need a retirement plan—and no, “buying a new laptop every year” doesn’t count.

In this episode of Let’s Get Fiscal, we’re talking Roth IRAs, SEP IRAs, Solo 401(k)s, and real-world tax strategies that help creative entrepreneurs build a future without burning out. You’ll learn when and how to start saving (even if you’re still in survival mode), which account is best based on your income, and how to stop overpaying the IRS while still keeping your cash.

We also break down how to avoid surprise taxes in retirement, what “required minimum distributions” really mean, and how to balance saving with scaling your business.

⏱️ Timestamps

00:00 – Intro: Retirement planning for creatives

00:41 – Why self-employed people get left behind

01:29 – Social Security, tax myths, and long-term reality

04:58 – Roth IRAs explained (and why they’re a game-changer)

08:56 – SEP IRA vs 401(k): Which is better and when?

21:02 – Can you combine retirement accounts?

32:20 – What most people don’t know about Social Security

40:16 – Advanced strategies: pensions, Mega Backdoor Roths & more

52:38 – Top takeaways

53:19 – Final thoughts & what to do next

📬 Got a question for the show?

Send it here → https://www.coterietax.com/qa

🎧 Want to hear more episodes?

Stream the full series → https://www.coterietax.com/podcast

📊 Need help creating your tax-smart retirement plan?

Book a call → https://www.coterietax.com

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💬 Drop your questions in the comments—we might answer them on a future episode!

Should You Become an S-Corp? The Truth for Creative Entrepreneurs | Let’s Get Fiscal EP01

🎙 Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and Advisory

Is an S-Corporation actually worth it for your creative business?

In this episode of Let’s Get Fiscal, we break down the hype and the reality of S-Corps. Learn when it’s the right time to switch from an LLC, how “reasonable compensation” works, what tax savings to expect (and what headaches come with it), and how your industry and lifestyle impact the best financial structure for your business.

Whether you’re a freelance videographer, a growing agency, or a multi-hustle entrepreneur—this episode will give you the clarity to make smarter decisions and avoid expensive mistakes.

⏱️ Timestamps

00:00 – Intro: What Airbnb has to do with tax savings

00:49 – S Corps explained (without the fluff)

02:01 – When to transition from LLC to S Corp

03:02 – S Corp vs. LLC: What’s actually different

07:35 – Reasonable compensation made simple

10:40 – Payroll, bookkeeping & strategy

17:14 – State vs. Federal rules (and how to stay compliant)

33:33 – Final thoughts: Is it right for you?

📬 Have a question you want us to answer on the show?

Send it here → https://www.coterietax.com/qa

🎧 Want to hear more episodes like this?

Catch up on past episodes → https://www.coterietax.com/podcast

📊 Need personalized advice for your business?

Book a call with us → https://www.coterietax.com

👍 Like this video if it helped you

🔔 Subscribe to the channel for more creative-friendly tax strategy

💬 Drop your questions in the comments—we might feature them in a future episode!

Welcome to The Let’s Get Fiscal Podcast — the show where creatives learn how to master taxes, money, and business strategy without the overwhelm. Hosted by experts in tax planning and CPA services for creative entrepreneurs, we break down the numbers so you can focus on your craft.

In this intro episode, you’ll hear what the podcast is all about, who it’s for, and how we’ll help you keep more of what you earn, stay compliant, and build a profitable creative business.

If you’re a photographer, designer, filmmaker, musician, or any creative pro who wants to stop stressing about taxes and start building wealth, you’re in the right place.

Learn more and work with us: https://www.coterietax.com/

📬 Got a question for the show?

Submit it here: https://www.coterietax.com/qa

🎧 Want to listen to more episodes?

Catch the latest episodes at: https://www.coterietax.com/podcast

📊 Need personalized help with your business finances?

Learn more about working with Anastasia and Myiesha: https://www.coterietax.com