Perfectly Profitable Stylist Podcast

This episode covers: - QuickBooks Time Saving Automations (Rules, Bank Connection to QuickBooks Online, Gusto Payroll Sync) - Beauty BookkeepingFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

This episode covers:- What consignment is - How you might be able to use consignment in your business - How consignment worksFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

This Episode Talks About:- Tax Return Extensions- Why It's Always Okay To File An Extension- Reasons Why You May Need To File An Extension- How To File An Extension OnlineFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

This episode covers:- The Silicon Valley bank failure- The ripple effect bank failures can cause in the beauty industry- How to avoid business hardships caused by bank failuresFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

We cover 10 essential questions beauty pros should ask when interviewing a new accountant all centered around:- experience- services - certifications and education- communication- work style- pricingOur Services Page Mentioned In The Podcast:https://www.cartercookcpas.com/services/#wysiwyg-block_634421a216c5cFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

In this episode we  cover:-How to hire your child tax free in your beauty business-How to use their paycheck to make your child a millionaire by retirement-The common pitfalls parents make when hiring their children and how to avoid themHere's the retirement calculator I used for the calculations I shared in this podcast episode.https://www.calculator.net/retirement-calculator.htmlFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

You're ready. You're signing up for QuickBooks. You're on the pricing page trying to figure out which option to choose. Let me help!First, don't choose QuickBooks Self-Employed. Listen to all the reasons why it causes you lots of problems. We also talk about what you should be doing instead.For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Ever been left scratching your head about how to handle your sales tax?In this episode, I cover:-Avoiding the common sales tax mistakes-Bookkeeping mistakes beauty pros make with their sales tax-What happens if you need to catch up on old returnsFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Maybe none of your hairstylist friends claim their tips. Maybe you were told by your beauty school teachers or even your accountant to not claim your cash tips.Friends, let's talk about why you need to claim your cash tips. Claiming them is helping a lot more than it is hurting.For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

You and your bestie want to open a salon together. What things should you consider before tying the knot?For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

January is the best time to get on track with your business finances. Ready to pay yourself consistently?Ready to know how much you need to save for estimated taxes?Ready to hand your tax accountant a Profit & Loss and not sweat bullets?Join me in Beauty Bookkeeping where you can learn how to do your bookkeeping so you can pay yourself consistently.For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Not sure what a 1099 is?Do you need to give a 1099? Or should you be receiving a 1099?In this episode we cover everything you need to know about who your beauty business should issue a 1099 to.Need some extra help? Download this 1099 decision tree to help you figure out if you need to issue a 1099.For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Join me to talk about when you can and can't deduct a home office. Does my couch count? Kitchen Table? Find out the easy way to take this deduction. Perfect for those who don't want to keep receipts!For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

First comes love, then comes marriage, then comes being-taxed-less-because-you're-super-smart-and-elected-to-be-taxed-as-an-S-Corp-instead-of-that-old-fogey-sole-prop-thingy-your-crusty-uncle-used-to-do.In this episode we dive into:How much it costs to own an S-CorpWhen you should make an S-Corp ElectionWhy you must pay yourself as a W-2 EmployeeFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

So, you have your business, and now you can write off your vehicles like rich people do...right??In this episode we dive into when you can and when you can't. And yes, the answer will surprise you compared to what your real estate buddy says (yeah, the one on TikTok).QuickBooks Online Mileage TrackerFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Turns out taxes aren't optional. Who knew?But seriously, paying estimated taxes is a must for all successful beauty business owners. This episode covers when estimated taxes are due, how much you should save, and maybe even a new way for you to look at estimated taxes.If you're ready to start paying your estimated taxes, but aren't sure, the first step is to know your profit. How to find out your profit? Bookkeeping.If you are DIY-ing your numbers and need some help with your bookkeeping, check out Beauty Bookkeeping, where I teach you how to calculate your profit so that you can pay yourself and save for taxes.Learn More About Beauty BookkeepingClear on your profit, but still not sure how much to save? Download this free estimated tax calculator. Estimated Tax CalculatorFor more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

How do I pay myself? How much should I save for taxes? Should my business be an LLC to save on taxes? Will I save money making an S-Corp election?Hi, I'm Michelle Cook, former beauty school graduate turned licensed CPA and I'm going to be answering all these questions and more in my new podcast, the Perfectly Profitable Stylist. For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.