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Tax Essentials for Makers Selling Products Online

1.6K views· 140 likes· 5:39· Apr 1, 2024

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Hate dealing with taxes and numbers for your handmade business? In this video, Mei will break down all the tax essentials makers like yourself should consider when selling your products online. Let’s delve into the following: • How to track your cash flow for your business • The common tax deductions you can claim as a handmade business owner • Some tips on how to DIY your taxes minus the hassle If you’re the type of business owner who feels frustrated come tax season, then this video is for you. Doing your taxes won’t be as dreadful as it once was. ____________ Timestamps 00:00 Introduction, why I made this video 00:26 The business side of life 01:11 Understanding self-employment 01:29 Track your cash flow 03:15 Common deductions for makers 04:00 Tips on DIY-ing your taxes ____________ Enjoyed this video? ⭐ I teach a FREE workshop that deep dives on How To Create A Profitable Handmade Business Without Keeping Up With Social Media. Sign up here: 📌 https://tinyurl.com/mrnh7bzm ____________ 🎥 WATCH RELATED VIDEOS: Is It Time to Quit? The Art of Saying Goodbye https://youtu.be/x5HeoANkyZU 5 Harsh Truths Craft Business Owners Need to Hear https://youtu.be/kgk_azqCqrM Subscribe for more videos like this: http://bit.ly/SubscribeCHC ____________ Join our FREE FACEBOOK group for getting the support you need in your handmade business. Ask the questions that keep you up at night, help each other out, celebrate good things and grow your creative business! 👉 https://www.facebook.com/groups/creativebizmarketing/ ____________ CONNECT WITH ME: 🖥 Website: http://www.creativehiveco.com/ 📷 Instagram: https://www.instagram.com/creativehiveco/ 👤 Facebook: https://www.facebook.com/creativehiveco ✉️ Business Inquiries: mei@creativehiveco.com #etsyshop #handmadebusiness #craftbusiness

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