Are you feeling overwhelmed by managing your photography business’s finances? You’re not alone! Many photographers find keeping track of their numbers a daunting task. But don’t worry—my latest YouTube video is here to help! In this video, we dive into using QuickBooks as a photographer, an essential tool for streamlining your accounting and maximizing tax […]
Benjamin Franklin said it best — in the world, nothing is certain except death and taxes. You heard that right. Taxes are not something you can just ignore or push off until next year or until you have more time. This is something we, as individuals, have to do every single year. And, as a […]
Let’s talk about your yearly tax appointment. Do you go into it nervous or unprepared? Maybe you bring in every paper and number possible because you don’t know what information your accountant or CPA actually needs. Then your meeting lasts forever because you have to sift through every paper to find the number they need, […]
Taxes. Does that word make you shudder? For most photographers, it does. We have creative minds and numbers are often low on our list of exciting things to do for our business. Did you know that there is more than just your annual taxes that you’re responsible for paying in a year? Did you also […]
I started my business with one financial principle — that I would grow my business without taking out any loans or going into debt. Sure, I didn’t have the best camera starting out and I only shot with a 50mm at sessions, but I saved up and only spent the money to upgrade once I […]
Does this sound like you in March every year? Maybe even April if you really push it off? You’re anxiously flipping through hundreds of papers and receipts trying to find a specific expense. Or maybe it’s trying to go through your drives, trying to remember exactly where you went every day for the past year. […]
When I first started my business, I often heard people say make sure you track your numbers for tax purposes. I would nod my head like I understood, but inside I was freaking out. I understood that I needed to track numbers, but what numbers do they need to be and do they need to […]
When I first started my photography business, taxes used to make me cringe. I would wait until the last minute to gather my numbers, and boy, did it cause lots of late nights sifting through receipts to find everything I needed to provide to my CPA. Every spring, our dinner table would disappear for a […]
Tax season only happens once a year, so it can be really easy to spend a ton of time handling it all at once, and then forgetting about it until March or April comes back around the next year. To only worry about it when the deadline is approaching. But what if you could spend […]
Whether you started your business with the intention of starting a business, or you picked up a camera to satisfy an urge to create and somehow found yourself running a business — as a photography business you’ve got to pay your taxes. Typically what that looks like is ignoring your taxes all year and then […]