Perfectly Profitable Stylist Podcast

January is the best time to get on track with your business finances.

Ready to pay yourself consistently?

Ready to know how much you need to save for estimated taxes?

Ready to hand your tax accountant a Profit & Loss and not sweat bullets?

Join me in Beauty Bookkeeping where you can learn how to do your bookkeeping so you can pay yourself consistently.

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Not sure what a 1099 is?

Do you need to give a 1099? Or should you be receiving a 1099?

In this episode we cover everything you need to know about who your beauty business should issue a 1099 to.

Need some extra help? Download this 1099 decision tree to help you figure out if you need to issue a 1099.

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Join me to talk about when you can and can't deduct a home office. 

Does my couch count? Kitchen Table? 

Find out the easy way to take this deduction. Perfect for those who don't want to keep receipts!

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

First comes love, then comes marriage, then comes being-taxed-less-because-you're-super-smart-and-elected-to-be-taxed-as-an-S-Corp-instead-of-that-old-fogey-sole-prop-thingy-your-crusty-uncle-used-to-do.

In this episode we dive into:

• How much it costs to own an S-Corp
• When you should make an S-Corp Election
• Why you must pay yourself as a W-2 Employee

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

So, you have your business, and now you can write off your vehicles like rich people do...right??

In this episode we dive into when you can and when you can't. And yes, the answer will surprise you compared to what your real estate buddy says (yeah, the one on TikTok).

QuickBooks Online Mileage Tracker

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Turns out taxes aren't optional. Who knew?

But seriously, paying estimated taxes is a must for all successful beauty business owners.

This episode covers when estimated taxes are due, how much you should save, and maybe even a new way for you to look at estimated taxes.

If you're ready to start paying your estimated taxes, but aren't sure, the first step is to know your profit. How to find out your profit? Bookkeeping.

If you are DIY-ing your numbers and need some help with your bookkeeping, check out Beauty Bookkeeping, where I teach you how to calculate your profit so that you can pay yourself and save for taxes.

Learn More About Beauty Bookkeeping

Clear on your profit, but still not sure how much to save? Download this free estimated tax calculator.
Estimated Tax Calculator

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

How do I pay myself? How much should I save for taxes? Should my business be an LLC to save on taxes? Will I save money making an S-Corp election?

Hi, I’m Michelle Cook, former beauty school graduate turned licensed CPA and I’m going to be answering all these questions and more in my new podcast, the Perfectly Profitable Stylist. 

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.