I had a catastrophic accounting mistake that happened early on in my freelance career by assuming that any CPA could manage my taxes. What happened was the CPA who was more experienced with brick and mortar businesses, made mistakes that it took me years and hundreds of dollars to fix with the help of another CPA. That was essentially money and time thrown down the toilet and I was very bitter about it for a long time. However, I’ve chosen to use that bitterness to help teach you an experience.

Experience and Knowledge Really Matter with Accountants

If you have an online business, you need to find an accountant who is highly versed in online business taxes. There are many deductions to which you are entitled but if you don’t have the right accountant, you won’t be able to figure these out and you’ll likely make mistakes.

If the IRS thinks that you made mistakes you could be facing additional payments and penalties. In addition, it’s nearly impossible to resolve things with the IRS related to your business on your own so you’ll have to go and hire someone again.

This means finding another CPA after you’ve had a bad experience with your first accountant. One of my first years in business, I found out that the 1099s being submitted to the IRS were being triple counted. That means that Elance was invoicing me because they were keeping track of my earnings, the client was invoicing me and that money that I then transferred to PayPal was being counted a third time in PayPal as separate income.

It took months for me to try to sort this out on my own and with my original accountant until I came across a recommendation for an accountant team for home based business professionals. All that time, penalties were racking up. Talk about a nightmare.

Peace with Great Accountants for Your Online Biz

These people know what they are doing and they have already saved me thousands of dollars by finding deductions that my original accountants never identified in the first place. They also took over the management of the triple income counting issue immediately to improve the clarity and the documentation provided to the IRS.

I cannot recommend highly enough that you need to find someone who understands the unique situation you are in as a home-based business owner. You will have deductions and expenses that are outside the norm for a brick and mortar business and you need someone who understands all of the ways that he or she can help you. It is not just about filing your taxes on a regular basis when it comes to finding a professional who can assist you with your home-based business. It’s about what happens if the IRS audits you or gets in touch with you about a problem on your taxes too. You want somebody knowledgeable and professional stepping in to assist and help you with the situation.
Your financial house needs to be in order for your own sake and for the sake of the IRS. Make sure you’ve got someone knowledgeable helping you.

Happy Monday! As you settle down for the start to a fresh week (perhaps with an extra cup of coffee), let’s reflect on how we spend our weekday lunch breaks. Obviously, every company structure varies from the next and each office setting is different—but overall, can we agree there are some consistencies?

Like Consistency #1: We need to give ourselves a lunch break.

Did you know only 1 in 5 Americans take advantage of their standard one-hour lunch breaks?

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Have you ever had to question what “friendship” means to you? Are you tired of not really knowing who your real friends are? Do you want to know how to build strong, beautiful friendships that will last for years to come? If you’ve answered “yes” to any of these questions, then you’re in the right place!

I think we all at some point or another go through friendship transitions, which I will get into shortly.

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Let’s be honest- we’re not always telling the truth about how productive we are. Admit it- you probably spend ten hours or more per week watching TV, right? Probably another five with email?

Yikes. It’s embarrassing just to think about. That’s why I started tracking myself- I was way underestimating the time I spent on non-productive tasks.

If you’re a business owner or just a busy person in general, it’s important to understand that there are many different tools that you can use to keep yourself on top of all your responsibilities.

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I’ve never been someone who particularly enjoys exercising in and of itself. Sure, I’ve found activities that I’ve enjoyed that just so happen to also provide exercise (I’ve always loved dancing, for instance), but I’m definitely not some sort of fitness guru by any means! My journey with fitness has been a struggle, particularly in the last year or so. I’ve struggled to stay consistent with anything I was doing, which resulted in not getting desirable results.

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Yes, I’m talking to you who has 3+ credit cards with more than last month’s gas on them.  I’m talking to you with a credit score that makes you cringe. I’m talking to you about a subject we hate talking about… but is so necessary to discuss and—what’s more—take immediate action for the betterment of your future.

I feel like I need to give the full disclosure that I’m not a financial consultant (for those of you who know me,

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Ever find that between emails and that written to-do list that you’re not exactly sure what you’re supposed to be working on?

Yep, me too, until I found a central place to keep it all.

Literally- all.

My podcast. My blogs. Things my VAs are working on. Email newsletters. Graphic design work. It’s all in one beautiful (and free!) place. So allow me to blow your mind today and be prepared to rip that paper to-do list up once and for all.

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If you are like any entrepreneur  (or maybe I’m specifically speaking for myself, that I’m sometimes way too disorganized) then you could potentially benefit from an online business manager.

Once you reach a point in your business where you have solid profits and are growing your revenue, it is important to consider what you can take off your plate. Initially, you may begin to outsource things to a virtual assistant or someone who handles particular tasks for you such as graphic design or social media.

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Now before you all start saying I’m a crazy person, let’s just take a minute. Hear me out! Obviously we all know that periods have a lot of unfortunate parts to them. Believe me, I would know! I’m the girl who’s cramps are sometimes so painful that they make me nauseous. And they were even worse when I was a teenager before I began birth control pills. That being said, I really do think that periods sometimes get a bad rep despite all of the good things they provide our bodies with!

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Happy Friday! As we head into the weekend, let’s talk about something we all have to do and we can all probably be a little better at: smart grocery shopping. This is such a broad topic and there are so many avenues to explore, so don’t worry, we’ll continue exploring how to save money on your groceries! Today, we’re starting with the basics.

Last year, my boyfriend and I would eat so well for the week after pay day,

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