Zuri is tackling a topic that is sure to send chills down your spine. Today, she’s joined by Keila Hill-Trawick, founder of Little Fish Accounting, to talk about the scariest season of the year: tax season. Let’s be real, most of us have no clue as to what is going on every tax season. Our hands start to sweat a little and we panic every time a letter from the IRS greets us in our mailbox.

In today’s episode, Zuri and Keila ease your fears by discussing ways in which you can organize your tax documents, the tools and resources that’ll strengthen your tax game (not to mention make life easier), and the common mistakes that self-employed business owners and entrepreneurs make so that you can avoid them yourself. Keila also uncovers the many things you can deduct that you might not have noticed before. Believe it or not, this episode will ease your fears before the upcoming tax season. Tune in, take notes, and head into the most stressful season of the year ready, willing, and prepared.




Follow: Zuri Hall | Keila Hill-Trawick 




A Deeper Look at the Episode:
[3:52] Why Keila got into accounting
[6:01] The story behind Little Fish Accounting
[7:13] What people miss when they’re afraid of taxes and what the IRS isn’t after
[8:47] A simple way to organize your tax documents
[11:41] Tools and resources to help entrepreneurs and self-starters navigate their taxes
[12:57] Common mistakes that entrepreneurs make with taxes
[15:09] How to file your taxes if you’re a part-time or full-time entrepreneur (and how deductions work)
[18:38] Taking a home office deduction
[22:06] How write-offs and loans work together and why you shouldn’t write off every single spend
[23:46] Important dates to take note of for tax season
[26:58] What’s the deal with the new cash app tax law?
[29:02] Should business owners pay for services as “friends and family” on PayPal?
[30:59] The difference between a W2 and 1099
[31:59] How do tax returns work and when do we look out for them?
[34:13] Why self-employed business owners should pay quarterly taxes
[35:30] Tax advice for entrepreneurs




Recent episodes: if ya feel like bingeing:

ICYMI: Listen to 48: What is Trauma? You May Have More Than You Realize

ICYMI: Listen to 47: Should you Freeze Your Eggs? Here's Why, How, and My Journey So Far

ICYMI: Listen to 46: Exploring Alternative Routes to Motherhood

ICYMI: Listen to 45: Meet One of the Youngest Black Hotel Owners in the Game

ICYMI: Listen to 44: Finding Faith and Keeping it as a Millenial Woman

Go back to the beginning --- ICYMI: Listen to Episode 1: How to Be Happy




Share this episode with a friend NOW + let us know your favorite part of the convo: @ZuriHall and @HotHappyMess

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Zuri is tackling a topic that is sure to send chills down your spine. Today, she’s joined by Keila Hill-Trawick, founder of Little Fish Accounting, to talk about the scariest season of the year: tax season. Let’s be real, most of us have no clue as to what is going on every tax season. Our hands start to sweat a little and we panic every time a letter from the IRS greets us in our mailbox.In today’s episode, Zuri and Keila ease your fears by discussing ways in which you can organize your tax documents, the tools and resources that’ll strengthen your tax game (not to mention make life easier), and the common mistakes that self-employed business owners and entrepreneurs make so that you can avoid them yourself. Keila also uncovers the many things you can deduct that you might not have noticed before. Believe it or not, this episode will ease your fears before the upcoming tax season. Tune in, take notes, and head into the most stressful season of the year ready, willing, and prepared. Follow: <a href="https://www.instagram.com/zurihall/">Zuri Hall</a> | <a href="https://www.instagram.com/littlefishaccounting/">Keila Hill-Trawick </a> A Deeper Look at the Episode:<ul>
<li>[3:52] Why Keila got into accounting</li>
<li>[6:01] The story behind Little Fish Accounting</li>
<li>[7:13] What people miss when they’re afraid of taxes and what the IRS isn’t after</li>
<li>[8:47] A simple way to organize your tax documents</li>
<li>[11:41] Tools and resources to help entrepreneurs and self-starters navigate their taxes</li>
<li>[12:57] Common mistakes that entrepreneurs make with taxes</li>
<li>[15:09] How to file your taxes if you’re a part-time or full-time entrepreneur (and how deductions work)</li>
<li>[18:38] Taking a home office deduction</li>
<li>[22:06] How write-offs and loans work together and why you shouldn’t write off every single spend</li>
<li>[23:46] Important dates to take note of for tax season</li>
<li>[26:58] What’s the deal with the new cash app tax law?</li>
<li>[29:02] Should business owners pay for services as “friends and family” on PayPal?</li>
<li>[30:59] The difference between a W2 and 1099</li>
<li>[31:59] How do tax returns work and when do we look out for them?</li>
<li>[34:13] Why self-employed business owners should pay quarterly taxes</li>
<li>[35:30] Tax advice for entrepreneurs</li>
</ul> Recent episodes: if ya feel like bingeing:ICYMI: Listen to <a href="https://podcasts.apple.com/us/podcast/48-what-is-trauma-you-may-have-more-than-you-realize/id1540012837?i=1000540337550">48: What is Trauma? You May Have More Than You Realize</a>ICYMI: Listen to <a href="https://podcasts.apple.com/us/podcast/47-should-you-freeze-your-eggs-heres-why-how-and-my/id1540012837?i=1000539661917">47: Should you Freeze Your Eggs? Here's Why, How, and My Journey So Far</a>ICYMI: Listen to <a href="https://podcasts.apple.com/us/podcast/46-exploring-alternative-routes-to-motherhood/id1540012837?i=1000539120313">46: Exploring Alternative Routes to Motherhood</a>ICYMI: Listen to <a href="https://podcasts.apple.com/us/podcast/45-meet-one-of-the-youngest-black-hotel-owners-in-the-game/id1540012837?i=1000538169126">45: Meet One of the Youngest Black Hotel Owners in the Game</a>ICYMI: Listen to <a href="https://podcasts.apple.com/us/podcast/44-finding-faith-and-keeping-it-as-a-millennial-woman/id1540012837?i=1000537439992">44: Finding Faith and Keeping it as a Millenial Woman</a>Go back to the beginning --- ICYMI: Listen to<a href="https://www.hothappymess.com/post/hhm-episode-1-how-to-be-happy"> Episode 1: How to Be Happy</a> Share this episode with a friend NOW + let us know your favorite part of the convo: <a href="https://www.instagram.com/zurihall/?hl=en">@ZuriHall</a> and <a href="https://www.instagram.com/hothappymess/?hl=en">@HotHappyMess</a> Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Are you craving Best Life, minus the Burnout… constantly striving for more, and quite frankly — F’n over it? Want more happiness, peace, and purpose… NOW? Well then LET’S. GO. From Emmy Award Winning TV host Zuri Hall comes ‘Hot Happy Mess’ — your new go-to podcast for mindfully ambitious Millennial women. It’s the same fun, down-to-earth vibes that Zuri’s known for during her candid red carpet interviews + celebrity sit-downs (on MTV, E! News, and now Access Hollywood)... but this show is all about the most important VIP of your life: YOU. And it’s time to own it!This podcast will help you take it all a little less seriously, and find your magic in the middle of life’s messes. No more putting off your living for tomorrow.Self-Care. Relationships. Mental Wellness. New Motherhood. Team No Kids. Career Wins (and Fails). Social Media. Real stories from real, amazing everyday women. We’re covering it all. Our North Star is ‘Happy’ and it’s not an end destination — it’s a state of being, during the entire journey of our lives. Wine (and tequila, and vodka, and whiskey… and pretty much everything else) will be spilled. The occasional f*bomb will be dropped. Laughs (and a few tears) will be shed. Messes will be made… but we’ll find our magic, in the middle of them. Together. New episodes every Monday!Follow @ZuriHall and @HotHappyMess on Instagram to keep the good vibes going.

HOT HAPPY MESS will help you find your magic, in the middle of life’s messes. Self-Care. Love. Career. It's Best Life, minus the Burnout!

Zuri Hall's Hot Happy Mess

Are you craving Best Life, minus the Burnout… constantly striving for more, and quite frankly — F’n over it? Want more happiness, peace, and purpose… NOW? Well then LET’S. GO. From Emmy Award Winning TV host Zuri Hall comes ‘Hot Happy Mess’ — your new go-to podcast for mindfully ambitious Millennial women. It’s the same fun, down-to-earth vibes that Zuri’s known for during her candid red carpet interviews + celebrity sit-downs (on MTV, E! News, and now Access Hollywood)... but this show is all about the most important VIP of your life: YOU. And it’s time to own it!This podcast will help you take it all a little less seriously, and find your magic in the middle of life’s messes. No more putting off your living for tomorrow.Self-Care. Relationships. Mental Wellness. New Motherhood. Team No Kids. Career Wins (and Fails). Social Media. Real stories from real, amazing everyday women. We’re covering it all. Our North Star is ‘Happy’ and it’s not an end destination — it’s a state of being, during the entire journey of our lives. Wine (and tequila, and vodka, and whiskey… and pretty much everything else) will be spilled. The occasional f*bomb will be dropped. Laughs (and a few tears) will be shed. Messes will be made… but we’ll find our magic, in the middle of them. Together. New episodes every Wednesday! Follow @ZuriHall and @HotHappyMess on Instagram to keep the good vibes going.

Are you craving Best Life, minus the Burnout… constantly striving for more, and quite frankly — F’n over it? Want more happiness, peace, and purpose… NOW? Well then LET’S. GO. From Emmy Award Winning TV host Zuri Hall comes ‘Hot Happy Mess’ — your new go-to podcast for mindfully ambitious Millennial women. It’s the same fun, down-to-earth vibes that Zuri’s known for during her candid red carpet interviews + celebrity sit-downs (on MTV, E! News, and now Access Hollywood)... but this show is all about the most important VIP of your life: YOU. And it’s time to own it!This podcast will help you take it all a little less seriously, and find your magic in the middle of life’s messes. No more putting off your living for tomorrow.Self-Care. Relationships. Mental Wellness. New Motherhood. Team No Kids. Career Wins (and Fails). Social Media. Real stories from real, amazing everyday women. We’re covering it all. Our North Star is ‘Happy’ and it’s not an end destination — it’s a state of being, during the entire journey of our lives. Wine (and tequila, and vodka, and whiskey… and pretty much everything else) will be spilled. The occasional f*bomb will be dropped. Laughs (and a few tears) will be shed. Messes will be made… but we’ll find our magic, in the middle of them. Together. New episodes every Wednesday! Follow @ZuriHall and @HotHappyMess on Instagram to keep the good vibes going.

49: Ready for Tax Season? Get Ready with these Tips & Tools with Keila Hill-Trawick

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/508f3954-8357-494b-be15-ae33006035f9/transcript

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