The Badass CEO

Photographer: Scott Graham | Source: Unsplash One of the perks of having your own business is being able to deduct business expenses from your income. If you are not doing this, you are missing the boat and you are leaving lots of money on the table. But the question is what to deduct ……It can be a bit confusing so I compiled a list below. I use Bench which helps me go through each item and tells me how to categorize it and if it is deductible. If you haven’t tried Bench , you are missing out! It has changed my life. No longer do I have to stress about my books….It is seamless, personable, and VERY reasonably priced. Best yet, you get 20% discount on your first 3 months when you click here. WHAT YOU CAN DEDUCT Technology Costs Software such as Later, Active Campaign Website Costs to hosting, domains, anything you pay to keep your website running Apps or services such as Zoom, Skype, Google, Office space Rent for office space or if you work from home see note below PO Box Shi...

Photographer: Kelly Sikkema | Source: Unsplash The thing everyone dreads- Tax Season. Ugh. I don’t know about you but my stomach drops when I think about it even being a CPA. If this is your first business and first time filing taxes for a business, the process can be daunting and confusing, but there is no need to stress. I have put together a simple guide that will walk you through the most critical steps now so when tax season comes along, you are confident and prepared. If you are like me - booked and busy - you might not have time to always think about your tax files and organize your bookkeeping; that is why today’s blog sponsor is a service that has personally helped me stay on track with all of my business expenses and tax information. Bench's online bookkeeping platform pairs you and your business with intuitive software that takes care of most financial tasks that come with being an entrepreneur. From filing taxes to organizing your expenses, you can sign up for Bench...