Have you been joining us for our biweekly Spring Cleaning challenge?
To kick things off, we started with every business owner’s favorite subject, taxes!
The first goal of this challenge was to open and designate a new account solely for taxes.
Now you may be wondering exactly how much money to set aside, especially under the present circumstances.
How Much Should You Set Aside for Taxes?
We recommend setting aside 25% of your profit every month.
Looking for more information? Check out our friend Senica Evans has some great resources over at https://simplifiedaccount.com
Want more ways to spring clean your business? Download our financial goal setting worksheet.
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Not sure what 1099s are, who should be getting them, and when they're due? Worry not – we've got you covered. We cover the who, what and when.
Styled Stock Photos for Instagram and Social Media, Flatlays, Social Squares from the SC Stockshop
Styled Stock Photos for Instagram and Social Media, Flatlays, Social Squares from the SC Stockshop