Keep all your business finances organized in one place, so you’re tax-ready all year round with more time to do what you love.
This post is sponsored by Intuit QuickBooks in an effort to help me share #WaysToGrow, a freelance, creative, or small business.
Are you self-employed, a freelancer, a solopreneur, or have some sort of side hustle? Then you know every dollar must be reported as income, even cash. There is no withholding on your business income, making managing business financials and planning appropriately for self-employment taxes very critical.
Business ownership, like parenting, is one of the scariest things I have ever done. I wear many hats with both: head of HR, IT, and finance. As a mom and entrepreneur, I have all my burners on at the same time. From managing family to career and friendships, it’s easy to forget to keep good financial records, and it definitely can get pretty costly relying on memory. However, I would much rather not be audited by the IRS; I use Intuit QuickBooks Online Resource Center to educate myself, master my budgeting, and organize my business financials. As a result, I am able to shift my priorities to make my mom’s boss status fun.
Take control of your day-to-day
Intuit QuickBooks is the #1 accounting solution for small businesses, helping users like myself to save an average of 11 hours per month. I can manage my cash flow, send and keep track of invoices, automatically categorize expenses, and add a copy of each receipt to each expense. Best of all, when it comes to tax time, there’s no shoebox of receipts, just my profit and loss statement.
Need finance resources? The QuickBooks Resource Center has everything you need to help you understand and stay on top of your business financials, including a free self-employment tax calculator and an automatic mileage tracking feature. Have employees? Then, the paycheck calculator would be of benefit to you.
Good accounting is vital to sustaining and growing any business. As the owner of this business, the buck stops with me. This is why Intuit QuickBooks has been my accounting system tool of choice. I don’t take shortcuts; I report all income and track all expenses in one place.
Resource Center allows me to manage a vital and time-consuming aspect of my business and the space to be a mompreneur. To top it off. My CPA loves me because I make his job super easy.
For more on Intuit QuickBooks and their helpful business resources, be sure to visit their Instagram and Facebook pages.
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