What Every Work-from Home Woman Needs to Know about Taxes

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Whether you own an Etsy shop, sell products through a direct sales company like Mary Kay or Pampered Chef, or decorate birthday cakes on the side , you want to make sure your business is on the right side of the IRS. These 7 small business tax tips are essential for any woman working from home to know!

You know what’s crazy?

For all my love of numbers, I hate taxes. Just the thought of gathering all that paperwork, trying to mess with software, and crossing my fingers that I did everything right and won’t owe a cent, makes me break out into a cold sweat — no joke!

As we’ve added a rental property in a different state, Joseph’s real estate gig, and my own blog-turned-business, the more complicated our taxes have become. I wish I could just hide under the covers until April 15, but Uncle Sam probably wouldn’t like that too much.

Despite every excuse known to mankind, I finally sat down and forced myself to do a ton of reading and research on all things small business and taxes this year, and while I am not a tax professional, I learned a lot. But rather than keep all this information to myself, I figured it might be helpful to share my findings with those of you who also work-from-home.

Because whether you own an Etsy shop, sell products through a direct sales company like Mary Kay or Pampered Chef, or even take on a few side jobs decorating birthday cakes for friends and friends of friends, you want to make sure your business is on the up-and-up, no matter how confusing the tax code might be. It’s not only ethical, it’s just smart!

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DIY Stylish Binders

If you`ve ever strolled through the paper goods aisle of Target or Staples, you know how expensive pretty patterned binders can be! Dress up a plain and simple 3-ring notebook with scrapbook paper to match your decor, and finally tackle that paper clutter with style!

If you’ve ever strolled through the aisle of Target or Staples, you know how expensive pretty patterned binders can be! Dress up a plain and simple 3-ring notebook with scrapbook paper to match your decor, and finally tackle that paper clutter with style!

Read More...