The small business owners’ simple guide to finances.
Feeling overwhelmed by your business’s finances? You’re not alone. The world of numbers, spreadsheets, and financial jargon can be intimidating, but it doesn’t have to be. We created the Know Your Worth course to give you the simple, clear guidance you need to take control of your business’s financial future.
We’ve made this course completely free because we believe every small business owner deserves a solid financial foundation. Our simple guide to finances will walk you through everything you need to know, in a way that’s easy to understand and even easier to apply.
Even though the IRS will issue most refunds in less than 21 days, it’s possible that your refund has been delayed because it is stuck in processing. We'll tell you way your return is delayed.
-
Determining if you need to issue a 1099 for your babysitter or nanny based on IRS guidelines for household employees.
-
Steps to obtain a tax transcript from the IRS, including online and mail options for different transcript types.
-
Understanding the difference between tax deductions and tax credits and how each affects your tax liability.
-
Explaining what tax deductions are, how they work, and common examples to maximize your tax savings.
Guidelines on deducting job search expenses on your taxes, including eligibility and limitations under IRS rules.
-
Strategies to reduce or remove common IRS tax penalties, including late payment and filing penalties.
-
Distinguishing between a hobby and a business for tax purposes and the implications for your tax filings.
-
How to use the 14-day loophole for tax-free extra income under IRS rules for short-term rentals.
-
The importance of building your community alongside your business for long-term success and engagement.
