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The 6-Figure Freelancer Podcast | Freelancing | Entrepreneurship | Clients | Finances | Motivation | Personal Development | Mindset

Aug 22, 2019

Today I talk with Kate Jones of Kate Waldo and Co. She’s the organizational queen. Kate is a professional organizer for influencers, and she gives them the tools they need to streamline and organize the behind-the-scenes of their businesses so they can focus on what they love.

In this episode, we talk about one of the things that used to stress me out the most in my business: finances and taxes. It can be an uncomfortable topic, but we’re going to show you today how you can change that.

Kate is passionate about this topic because part of her own business is to help bloggers organize every aspect of their operation, which includes optimizing their finances and taxes.

Necessary disclaimer: neither of us are CPAs and we’re simply giving our advice on how we handle tax season. Regardless, this episode contains a lot of good advice that can help you feel less stressed about taxes and finances.

“I think the most important thing to keep in mind is that what you do is valuable and it is not a strength of everyone else. It’s your job to bring it to the world to help other people do something that they wouldn’t otherwise be able to do.”

In this episode Kate talks about:

  • Basic tips around organizing your finances.
  • How to get a handle on your money and how often you should be checking in on it.
  • The top mistakes Kate sees entrepreneurs making when it comes to taxes.

Main Takeaways

  • Make sure you have separate business and personal accounts. You’ll be thankful when tax season rolls around. Likewise, stay on top of your book keeping to make things run smoothly!
  • You should have a reliable timetable around checking your finances. Start with a check in every week, and a deep-dive every month. If you’re hiring out this service, you can have reports sent to you on a regular basis, but “not checking” is not an option.
  • Ignorance is bliss, except when it comes to taxes. Make sure you take it seriously. Put money aside and track the items you can write off. You don’t want to get to tax time and find out you owe thousands of dollars, or can’t prove your write offs.


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