Tax deductible doesn’t mean free, but legitimate deductions can reduce your tax liability. That means if your Total Income is $1000, but you have $500 in deductions, your Net Income (also your tax liability) is $500. You pay a percentage of that number to taxes. Let’s say your tax bracket

Managing finances is one of the most critical yet challenging aspects, especially as your business grows. When the complexity of your financial tasks increases and it starts to feel like your drowning, it’s time to reach out for a rescue. Because it’s essential to maintain accurate records and stay compliant

Last week I detailed 7 Grants for Women-Owned Business, so you know there are opportunities out there for free mulah for your business. Now I want to talk about HOW you get that money, and that’s going to involve writing a killer grant proposal. Because let’s be real – the

Starting and growing a business is soooooo freakin’ hard sometimes, y’all know this. But remember, you don’t have to do it all by yourself (even if you are a solopreneur). There are several grants out there designed to give women business owners the financial boost they need to succeed. Let’s

Last week I gave you 5 Essential Tips to Avoid Getting Audited, but I also told you those would reduce your chances but not be a 100% guarantee that it will never happen to you. So, what do you do if you’ve received a notice from the IRS about a

There’s no two ways about it – filing your taxes is stressful all on its own, but the looming threat of an audit and/or penalties takes it to a whole other level. While there’s no surefire way to guarantee you’ll never be audited, there are certain steps you can take

Hey, trailblazing women entrepreneurs! Today, we’re diving into cash flow projections. First things first, what the heck does that mean? Simply put, cash flow projections are estimates of how much cash your business expects to receive and spend over a specific period, typically a month, quarter, or year. By forecasting

The name says it all: solopreneur. But even if you have a business partner, or employees, or a coach, nothing beats the type of person who is going to get it when you need to vent and celebrate every win with you, in an unbiased way. Having a supportive network

Hey there, fellow female business owners! Today I want to talk to you about the dreaded B word: Budgeting. It’s something not many people look forward to (you can’t all be freaks like me), because it can feel very restrictive, even demoralizing. Think of it instead like a spending plan.

Now I’ve talked about this before; I’ll talk about it again. I’ll shout it from the mountain tops until every business owner in the world knows to separate their business and personal finances. Well, not really. If my ass got to the top of the mountain I’d probably take that