Education

Year End Bookkeeping Checklist

As the end of the year fast approaches, self-employed- and small- business owners are gearing up for tax season. Heading into it we all feel a little overwhelmed, confused, and nervous about dealing with the IRS (okay, a LOT). Below is a checklist that business owners, from freelancers to contractors, home-based businesses to sole-proprietors, should [...]

Posted by: Wray Rives, December 22, 2009

Outright’s “Tax Day Preparation Checklist”

Quarter 3 of the tax year ended last Monday, August 31st, so for the next couple of weeks small business owners will be clamoring to get their tax records in order. Whether you use the services of an accountant, or like a true bootstrap entrepreneur, do your own quarterly taxes, tax time can equal stressful [...]

Posted by: Jennifer Escalona, September 9, 2009

Tax Deductions that Small Businesses Commonly Overlook

It’s June 15th – estimated taxes are due – and Audrey Shaffer of Audrey Shaffer Enterprises is going to answer all of our pressing questions about commonly overlooked tax deductions. Read this before filing. Maybe you forgot something!
1.) What are some tax deductions that small business owners/sole-proprietors/freelancers commonly overlook?
Mileage is the first one that [...]

Posted by: Jennifer Escalona, June 15, 2009

Comments: 1

Quarterly Estimated Taxes Q&A

It’s June 15th, do you know where your tax forms are? If you are self-employed, chances are they are close at hand because it’s almost quarterly estimated tax time. Scared? Don’t be. Here’s a quick Q&A on estimated quarterly taxes complete with answers with some of Outright’s favorite bloggers and money wizards.
What kind of taxes [...]

Posted by: Jennifer Escalona, June 12, 2009

Comments: 0

Estimated taxes for entrepreneurs – a refresher

Second quarter estimated taxes are due June 15.  For self employed people, this is a big deal because they don't have paychecks with taxes withheld.  We wrote a simple overview about making estimated tax payments last fall, but thought it would be worth spelling things out in a bit more detail.
When self employed people make [...]

Posted by: admin, June 2, 2009