Do you cringe every time you think of taxes? If so – you’re totally not alone! But after watching this show – you will be so much more comfortable with them! Promise! The amazing Melissa Whaley shares SO MUCH KNOWLEDGE with us! She’s a wifey, a mama of 3 children and the savvy tax advisor & financial planner over at Whaley Bookkeeping. I know you will absolutely love and appreciate all the tips and tricks that you can apply to your taxes! I’ve looked near and far for the perfect guest to talk about taxes and I’m SO happy that Melissa came in HIGHLY recommended! She is not only a pro in what she does, but is such a sweetheart! You’ll totally enjoy this show! If you’re here to just tune in for the juicy tax stuff, start the video at 9:45 timestamp.
Show Highlights
In This Episode, Melissa and I talked about:
- the scary jump from working for someone to working for yourself
- how Melissa got her first clients
- the steps you need to take to get started in organizing your financials
- how to automate receipt collection using ITTF
- how and when meals are deductible
- how to manage bookkeeping for Etsy Sellers
- turning conferences into a mini family vacation
- how to correctly track miles for your business
- and so much more!
Quotes and Takeaways
- “Providing services is a lot lower investment to get started”- Melissa Whaley
- “When you start a business – open a separate bank account – that alone will make your life so much easier!” – Melissa Whaley
- “If you’re starting a business from scratch and don’t have a lot of money to invest – use Wave!” – Melissa Whaley
- “Create a trigger for your habits – when you walk out of the store, record your business expense” – Vicky Lashenko
Links and Resources Mentioned
- Free Training from Melissa – What Can I Deduct? – A free training for confused business owners
- Paper and Spark – who Melissa partnered up with – they have lots of printable spreadsheets and Etsy seller resources
- Freshbooks – the accounting software I use and love so much
- Wave Accounting – the FREE accounting tool Melissa raved about
- Evernote – a cross-platform cloud base notes tool that Melissa links with Gmail via IFTT
- MileIQ – a fun app that will track your miles! Get 20% off with Melissa’s link!
- ConvertKit – the email marketing platform that Melissa and I use and absolutely love!
If you want to learn more about Melissa, check out her website WhaleyBookkeeping.com and like her on Facebook!
Thank You so Much for Watching!
Thanks so much for joining us again this week! If you joined us LIVE – thank you so much! It’s always such a treat to see you in the comments!
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Do you enjoy or dread the tax season? What are YOUR favorite tools to stay organized? Let me know in the commetns below!