A Guide to Tax Time for Small Business Owners (Ft. Wendy Barlin)

If you’re a small business owner (or anyone who pays taxes), you may have felt fear or frustration at trying to figure out all the legal and financial pieces. Maybe you’ve even stressed yourself out asking questions like: What’s the difference between tax deductions and credits? Do I need to pay my taxes quarterly? What’s the difference between revenue and profit and why does it even matter? How do I know what to deduct? In this episode, Jordan is taking all the stress away with author and CPA Wendy Barlin. Wendy brings a wealth of knowledge as she walks through how to understand taxes and answers listener questions on profit, cash flow, and deductions. Get those headphones ready and tune in to learn: What the difference is between revenue and profit Why revenue isn’t the goal (and what is) How to handle taxes to maximize profits How LLC’s and S Corps differ when it comes to taxes What the difference is between tax deductions and tax credits When to pay taxes How to determine what’s deductible  To learn more about Wendy, visit www.aboutprofit.com  And if you’re looking to achieve profitability for your business, check out the book Profit First by Mike Michalowicz. 

Om Podcasten

Pull up a seat and get ready to step into the woman you’re about to become. Join alongside National Bestselling Author, Jordan Lee Dooley, for this workshop-style podcast uniquely designed to help working women (like you!) steward your home, health, and work well – whatever your work looks like in this season. Each week, you’ll walk away with implementable steps to improve your everyday life as an ambitious woman. From cultivating a home to managing money well, women’s health to clean living, time management to goal setting, we cover it. Rooted in faith, inspired by Proverbs 31, and jam-packed with practical takeaways, each episode will inspire and equip you to pursue your dreams while prioritizing the most important things, or as J likes to say, “own your everyday.” Come invited, leave ignited.