STP 102 | How to be Always Ready: A Therapist's Guide to Business Finances and Tax Season with Danielle Hayden

03/02/2025 39 min Temporada 3
STP 102 | How to be Always Ready: A Therapist's Guide to Business Finances and Tax Season with Danielle Hayden

Listen "STP 102 | How to be Always Ready: A Therapist's Guide to Business Finances and Tax Season with Danielle Hayden"

Episode Synopsis


Always Be Prepared: Financial Tips for Small Business Success with Danielle Hayden
 
In this episode of 'Scaling Therapy Practice,' host James Marland is joined by Danielle Hayden, CPA, and co-founder of Kickstart Accounting. They discuss the critical importance of knowing your numbers as a business owner, practical tips for tax preparation, and overlooked deductions. Marland also shares a personal lesson about the necessity of having support systems in place. Danielle emphasizes, 'The minute you accept money from a customer, you become a business.' This episode is packed with valuable insights, including how to stay ready for taxes, maximizing deductions, and the benefits of having a catch-up financial review. Listen to gain confidence and peace of mind in handling your business finances.
 
00:00 The Responsibility of a Business Owner
01:10 Introduction and Personal Insights
03:25 Guest Introduction: Danielle Hayden
05:01 The Importance of Knowing Your Numbers
11:38 Staying Ready for Taxes
21:36 Taking Back Your Time: Outsourcing Bookkeeping
21:53 Understanding Scalable Pricing for Bookkeeping Services
22:18 Overcoming Barriers to Getting Help in Your Business
22:34 Misconceptions and Overlooked Tax Deductions
23:10 Maximizing Business Deductions: Real-Life Examples
25:23 Business vs. Personal Expenses: Practical Tips
26:50 Travel and Business Expenses: What You Need to Know
27:50 The Importance of Separate Business and Personal Accounts
28:15 Online Education and Skill Building: Deductible Expenses
28:38 Managing Deductions and Tax Liabilities
31:21 Overlooked Tax Write-Off Categories
32:28 Home Office Deductions and Accountable Plans
35:15 Maximizing Business Deductions: A Step-by-Step Guide
36:52 Creating Healthy, Sustainable, Profitable Businesses
37:48 Kickstart Accounting Inc.: Services and Mission
38:57 Final Thoughts and Encouragement
Links and Resources

My Clone Solution: https://myclonesolution.com/
Kickstart Accounting Inc: https://kickstartaccountinginc.com/ 
Course Creation Studio: https://www.coursecreationstudio.com/

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