Filing your BOI Report with FINCEN - a New Requirement for LLCs/PLLCs starting in 2024

Hi there,

This is a new federal requirement - in 2024 - for anyone who has an LLC / PLLC.

Good news! It’s actually simple and quick and free.
It just looks kinda scary. (And some people in social media try to make it look scarier than it is to get your attention, and try to get money out of you.)

Short Story

You just have to log in, and provide the government with information about your LLC/PLLC and the people who own it. That’s it!

Some Details

The requirement includes filing a BOI Report. This stands for Beneficial Ownership Information. You might also see the acronym BOIR, where the R stands for Report.

If you registered your LLC/PLLC before January 1, 2024 … then you have all year to get it done! For you, it’s due by January 1, 2025

If you registered your LLC/PLLC this year, in 2024 … then you need to complete the BOIR within 90 days of registering your LLC/PLLC.

More of the Story

…Some people use LLCs to cover up criminal activity. So a branch called the Federal Crimes Enforcement Network (FINCEN) is tasked with getting info on all the LLCs/PLLCs and their owners, to verify legal activity. And look for the criminal activity.

Filing your BOIR

Get prepped:
It’s easy … you’ll just need:

  • The EIN for your business (or social security number if you don’t use an EIN)

  • A photo of your Driver’s License or Passport

The process takes 10-20 minutes. (More if you like to read, and re-read instructions!)

Links:

ProTips

  • Question 16 looks a little confusing at first. They’re basically asking if your LLC/PLLC existed before January 1, 2024. If yes, they refer to it as an “Existing reporting company”. If you click Yes to this, you can skip a whole section.

  • There are little “Need help?” prompts throughout, with more information.

  • At the end, they’ll offer you a PDF of the report to download. I recommend taking that step so you can review what you did, and for peace of mind!

  • And/or record somewhere that you finished your BOIR. Later this year, there will probably be lots of scary looking ads out there … and your system might get activated. Then, when you remember that you did this, you can feel calm and victorious.


Wishing you a quick and successful filing.
Considering getting a little reward for yourself for dealing with this pesky chore!


♡ Jenny


Do you work with people outside of Seattle? / In other states?

rough draft form

Short Answer

Yes! I work with people outside of Seattle, in any state.

Longer Answer

Depending on what you need, I can usually help with most or all of your business/tax support needs.

In my wheelhouse anywhere:
Understanding and doing IRS taxes, your money systems, how to set up a new business, figuring out prices, raising rates, ideal schedule and more. Being a great boss to yourself, so that it’s sustainable to be self-employed.

Outside of my wheelhouse:
The city and state requirements where you live. This affects both getting your business legally set-up, and for ongoing local tax + business chores. However, I can research that alongside you, and usually get pretty clear very quickly … and then can help you create a custom checklist for you to keep it all straight. Prices/expectations in your area. Filing taxes with S-Corps. Dealing with payroll.

Please feel free to reach out with your specific needs, and I can let you know if I might be a match for you.

:) Jenny

Filing WA State Taxes / Just the Basics!

Hello there,
The post below gives the most stripped-down basics for filing WA state taxes. If you’d like to read more detailed posts, and see some screenshots, click on these links: for Service Providers and Retail / Combo.

Also, I want to share this GOOD NEWS right upfront. Once you know what you’re doing, this business chore only takes 5 - 20 minutes. It will take way longer to learn about it, than to actually do them….

:) Jenny Girl Friday

Due for you IF: 
You have a WA state Business License

Estimated Time: 
5 - 10 minutes - Filing
0.5 - 2 hours - Prepping

How: 
Online with MYDOR

Due Dates:
Businesses are assigned annually, quarterly, or monthly

Annual Due Date
• April 15

Quarterly Due Dates
• Apr 30
• Jul 31
• Oct 31
• Jan 31

The Tax Form is called: 
Combined Excise Tax Return

What everybody will need: 

__ MyDOR / SAW - Log-in and Password
__ Gross Sales Total - per time period

Annual Filers
• From January 1 - December 31

Quarterly Filers
• Q1 - January 1 - March 31
• Q2 - April 1 - June 30
• Q3 - July 1 - September 30
• Q4 - October 1 - October 31

Some of you: 
__ Subtotals of Gross Sales by Category

And, if you Retail, you may need:

__ Retail Sales Subtotal
__ Retail Sales out-of-state
__ Retail Sales where Tax is collected by a "Facilitator"
__ Sales Tax Paid at the Source


Types of Tax:  

  • B&O (Business & Occupation Tax)

  • Sales Tax

  • Use Tax

Note:  These are all types of “Excise” tax. That is why the form is called “Combined Excise Tax Return” because it’s asking about all three - and some others - in one, combined form.

B&O Tax: small businesses will receive a tax credit. So, if you gross under about $55K, you will not have to pay any tax. As your income goes up above that number, the tax credit will get smaller, then disappear

Sales Tax: applies to selling products or retail services

Use Tax: applies if your business purchased items/tools outside of WA state

Thriving Plan for the Year Ahead

Rough Draft

Thriving takes cultivation!
And time!
And you are so worth it.

Ever feel like you're back in a hamster wheel with work? This is very common, as we try to please all our clients, families, friends...we can get stuck in a rut, so, so easily. It turns out, that loving your job, having things in balance, earning enough ... in other words, thriving, has to be cultivated. One strategy, is to set up an annual Thriving Plan.

Here's a tool for you to try out. (You might recognize it, it's revised from an earlier tool.)

Taking even 20-30 minutes to fill this out can make all the difference!

Start with the easiest boxes on the outside. Continue to fill them in to see what your priorities are for the year. Add any vacations, trips, retreats. Lastly, create your weekly schedule(s) and monthly routines - as a way to fit in all of your priorities. 

Not sure what to write? Or trying to get it “perfect”. …Just guess! You can always change it later. There is great power in starting. And often, our gut-initial-instincts are what we really need/want.

First, I’ll share my example to give you an idea. Then, there are 4 different templates to choose from.

My Example

My biz year goes from Sep - Aug

Click on the image or the Option # to download.

Option 2

Year going from January - December
With 2 different weekly schedules - a and b

Option 1

Year going from January - December
With one type of weekly schedule

Option 4

Year going from September - August
With 2 type of weekly schedules

Option 3

Year going from September - August
With 1 type of weekly schedule

Wishing you some time in your schedule … to do this important work! I hope it feels fun and magical.

♡ Jenny

P.S. Want a little company or guidance with this? I’d love to help! I offer One-Time consults - and the goal is that they are game-changers. We can fill out your plan, talk through any roadblocks, highlight new desires, and whatever else you need to feel great about your job and life. Oh, and starting this year, you can bring a friend to the consult, and I can meet with both of you for the same price.

How do I know if I file ANNUALLY or QUARTERLY with WA state?

Quick Answers

Your filing schedule is assigned to you, after you register for a business license. Here are ways to find out your schedule.

  • Look for a letter you received from the Washington State Department of Revenue (DOR) - after you registered for your business license. It will tell you your schedule.

  • Call the DOR to ask them. They’re usually very friendly. It helps to have your UBI on hand, if you know where that is. (UBI is your WA state business number.) 360-705-6705

  • Log into your DOR account, navigate to Manage Returns, and see what it says there. If you’re on the Annual schedule, it will say that. If you’re quarterly or monthly, I believe it just shows the date that it’s due. So you can easily infer the schedule.

Some context and FAQs

Like all states, WA relies on taxes to fund programs. It collects all of these taxes through the Department of Revenue. There are two main categories. One, you’re already familiar with - sales tax. If your business provides any retail products or services, you’ll be required to collect and submit these taxes. The 2nd category is taxing businesses in a few different ways. The most common of these is Business and Occupation tax. These dollars help the state support and monitor businesses, to be safer for consumers, etc.

The state needs to collect its taxes on a regular basis. So, your filing schedule - annually, quarterly, monthly - is based on your projected taxes. If you’re going to earn a lot, and collect sales tax, then you’ll likely be put on a quarterly or monthly schedule.

If you earn less and/or are service only (no sales tax), then you’ll be put on an Annual schedule.

This is all based on your Gross Sales (all the money you collect from customers/clients … before business expenses). And, if you collect sales tax or not.

I heard that I have to send in Estimated Quarterly Tax Payments? Is this the same or different?

This is a super common question. This different. When you have a business, you must report to all levels of government: city, county, state, and the IRS. It's easy and reasonable to get them mixed up!

"Estimated quarterly tax payments" are part of paying your federal taxes to the IRS. These are estimated based off the profit your business is likely to make. They are due four times a year: Jan 15, Apr 15, Jun 15, Sep 15. Click here to read more.

If the state says that you must report quarterly, that is for state taxes, which include: B&O, sales tax, use tax. These are calculated from your actual sales. 

I was assigned Quarterly payments. Ugh. Why is that? Can I change it?

Basically, the state wants to collect tax money on a regular basis. If you have a Retail business (meaning you'll be collecting sales tax) and/or if it looks like your income will be high, they will assign you to making reports quarterly. 

♥ Please don't worry too much though! Once you know how to make reports to the state, it only takes a few minutes!

If you want to change it to reporting annually, in the past, the only way was to call the state in January. If your income is low enough, they'll make the change. That number is: 360-705-6705. It's possible that there are new rules, so you might try calling soon if you want to check.

You talk about Making Reports, Paying Taxes, Submitting Taxes, are these all the same thing?

Great question. They're slightly different. I like to think about things at the most basic level first. Once you have a business, you are required to Make Reports to the state. Sometimes, if you're very small, and/or do service work, then you won't owe any money. Yay! BUT, you still have to make the reports so the state knows this. This is step one of the process.

Paying taxes are when your business is actually being taxed. That's the B&O tax, and Use Tax. This is based off a percentage of your Gross Sales, and any purchases out of state. The money comes out of your pocket.

Submitting taxes is different. This is Sales Tax that you've collected from your buyers. It is tax based on their purchase. It comes from their pocket. You're simply the carrier of that money.

How can I get more info + help with this?

Lots of ways! 

♥ Get help from the state DOR. They offer workshops, online tutorials, and even consulting! Click here to see more info at DOR.wa.gov. 

♥ If you currently work with an accountant or bookkeeper, check with them.

♥ Get 1-on-1 help with Yours Truly. Sign up for a One-Time consult. We can work 1-on-1, or you can bring a friend to split the fee.

♥ Join me for Book$ Club! A monthly event, where self-employed folks gather to work on bookkeeping and biz chores - just like this one. In a Happy Hour setting. I provide 1-on-1 help, as time allows. And/or, you can ask other folks in the group. Like study hall, but more fun! Click to … Read More … or to Register

The Fall Refresh

A huge part of being a Great Boss, is to find ways to make your life easier and to feel good. This might look like:

  • making sure you have the right tools for your job

  • trying new little routines that bring more ease

  • cutting things out of your job description

  • infusing a little fun or joy

The Fall is a natural time to check in, and do a little Refresh. The idea here is that it’s a quick little adjustment - that moves something stale out, and something fresh in.

This can take as little as 5 minutes, more if you like. And it can make a huge difference.

Check out the worksheet below. And/or consider these questions for a moment. Then, pick 1 or both actions to commit to. Please, go with your gut!

One year, I committed to taking a lunch break every day. It felt like an underwhelming choice … but, it turned out to be very eye-opening, and a bit of a game-changer. At first, I could only manage 5-10 minutes, because of the ways I’d scheduled my days. Also, my body just wasn’t used to it! But over time, I realized how much I’d been in the habit of just pushing through the whole work day, in one big slog. And even though my stomach was fine, my brain was very taxed. I slowly expanded my lunch break, and this has made a huge difference.

For your Fall Refresh, you might check out the worksheet below. (Sorry, it’s a little faded.) Or, simply think on these questions, then choose 1 thing to add or change.

♡ How can I make my work (and life) a little easier for myself?
♡ What can I adjust to feel better, or more nourished?

For extra credit, tell people about this action - as often as you can. It’s great to be a Great Boss and to be seen doing it! (And who knows, you might inspire someone else to follow suit.)

Cheers, Jenny

Estimated Quarterly Payments (EQ$) to the IRS / Just the Basics

The WHY behind EQ$

The IRS is a Pay-as-You-Go tax system. We're required to send in 4 estimated payments throughout the year ... then, it's True Up time when we actually file our taxes. If we overpaid, we'll get a refund. If we underpaid, we'll owe more. 

Good news!

  • Once you know what you’re doing … it only takes about 5 minutes!

  • It can feel really satisfying, like you’re a BOSS of your business.

  • It makes Filing Taxes in April a lot nicer.

A Few Quick Facts about Sending in EQ$

  • When you send in an EQ$, there is no report attached. (We are NOT filing.) If sending by check, there’s just a small voucher. If online, just a few fields to fill out to verify your identity.

  • You can send payments online, or via snail mail. Click here to read more.

  • IMPORTANT - if sending payments online, see note below.

  • It's fine to use your SSN with these payments. (Even if you have an EIN.)

  • The Due Dates are not even!  (Weird, right?)

DUE Dates

April 15
June 15
September 15
January 15

Note - When these dates fall on the weekend or holiday, they will shift to the following business day.

To Send in or Not Send In….

  • If total tax for the year (related to your biz profit) is $2000 or less, then the IRS says that we do NOT need to send in payments.

  • If total tax for the year (related to your biz profit) is $2000 or more ... we're required to send in payments.

  • If we send in partial payments, or none at all, we might have to pay a penalty. Usually these are a few hundred dollars or less.

How Much to Send

The IRS offers a complex way to calculate your EQ$. I offer simpler alternatives. Three different methods to choose from. Click here for the NEW worksheet with instructions.

IMPORTANT NOTE / If Paying Online

IF you pay online, and use a 3rd party, be sure to choose "Personal Taxes"
Why? Because your business does NOT pay taxes, you pay personal taxes on the income you earned through your business....

 

Well those are all the basics on EQ$. It might feel intimidating at first … but it really gets easier over time!

Finding Your IRS Numbers - Notes and FAQs

This is a brand new post … I’ll keep adding to it throughout March 2023


Some General Notes

  1. The IRS taxes you on profit.

  2. To formula to finding this is: GROSS SALES - Biz EXPENSES = PROFIT

  3. To show this work, the IRS asks us to fill out a Schedule C, a type of “Profit or Loss Form”.

  4. The Schedule C is only 2 pages, and not that hard!

  5. In reality, we don’t fill out the form … if we file ourselves, we’ll enter the numbers into software or a website (like TurboTax, FreeTax, H&R Block).
    OR, we’ll give our numbers to our tax preparer.

  6. The Schedule C gets added to your personal IRS taxes. You don’t have to do a separate tax return. (Isn’t that great?)

  7. Did you know … your business doesn’t pay any IRS taxes? You are paying personal taxes … on the money you earned from your business.

  8. When you are self-employed, you’ll be paying 2 types of tax. Income tax (what you’ve been paying your whole life) and Self-Employment tax.

  9. Business deductions, write-offs, business expenses - all mean the same thing.

What can I write-off? / What can I claim? / What is a business expense or deduction?

Almost everything you spend on your business - can be a deduction. It’s just a matter of what amount, and what category. The IRS uses the phrase, “ordinary and necessary”.

Quote from the IRS:

“To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your industry. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.”

What about something that is part for business, party for personal … like my cell phone, or my laptop?

These are referred to as Shared Use items. The basic strategy is to calculate - or decide - on what percentage is for business, and claim that amount. The default is 50/50, though you can split them other ways as well.

So, if you buy a new computer for $1800, and claim 50% for business, you would claim $900 as a business expense.

Let’s say your phone bill is split between your business, personal, and 2 other people. You could say that 25% is for business. Then take 25% of the total phone bill for the year as a deduction.

Does it matter what category I put things in?

Sorta no, sorta yes.
As long as you claim things only one time, you’re generally fine. The category doesn’t change the taxable amount. And if you’re paying the right amount of tax, you’re good.

Putting things in the reasonable categories does help though! Part of the risk factor for getting audited - is - do these expenses line up for this type of work.

What if I don’t see a category that fits?

You can either pick the closest category, that might make sense.
OR, make an “Other” category, and give it a label.

For example, I have checking account fees, for $84 a year. I could maybe put it into the “Office” category, though it’d be a stretch. So instead, I put it into “Other - Bank Fees”.

How do I handle mileage?

answer coming soon

What about a home office deduction?

Sometimes you can take a deduction for your Home Office. Additionally, you can deduct furniture and items used in your office. (Note, very often, the home office deduction doesn’t add up to that much. The simplified method generally yields a savings of $100 - $300 when all said and done.)

 A – Home Office Deduction.

First, check to see if you meet the criteria:

  • Used exclusively for business – meaning no other activities take place there

  • Used on a regular basis

  • For the purpose of making a profit

  • Principle place of business

If yes, there are two methods:

Simplified Method: Calculate the square footage of your home office. Add this number when filing (with software or accountant.) Generally, you’ll get $5 per square foot as a deduction.

Actual Expenses Method: This is complex, and beyond my scope. The basic idea is that you calculate the percentage of your home that is your office. Say it’s 8%. Then, you add up all home expenses – mortgage/rent, utilities, insurance, etc. – then take 8% of those costs. I think.

 B - Furniture and items

All or most things you buy for your office can be deducted – like chairs, rug, couch, artwork.

What do I do with the 1099 forms I received? What’s a 1099-NEC? And 1099-K?

1099 forms are a family of forms that track - whenever we get paid. There are different suffixes, here are some examples:

  • 1099-INT … interest you earned from a bank or investment

  • 1099-DIV … dividends you earned

  • 1099-NEC … income from “Non-employee compensation”

  • 1099-MISC … income from “Miscellaneous source”.

These are the forms you get PAYERS, and are straightforward to work with.

  • 1099-NEC (non-employee compensation)

  • 1099-MISC (miscellaneous)

These might come from businesses that hired you, programs you’ve contracted with, insurance companies, people you supervise. You’ll need to input all the data from these forms into the tax software, or give to your accountant. These count as part of tallying up your gross sales.

You may also get 1099-Ks, these come from payment PROCESSORS:

You might get these from Square, Stripe, Venmo, PayPal, etc. These are a little trickier, as the amount reflected in the 1099-K may overlap with other income. Be sure to get guidance on how to enter these when filing.

What if I didn’t receive a 1099 form?

Short answer: You still report the income, whether or not you received the form.

Longer answer: Ask the person/business if they sent one. Or look up on online. If they submitted one to the IRS, it can be a problem if you don’t report it. If they did NOT submit one, you’re in the clear. It’s the responsibility of the Payer to complete the form….

Accountants + Tax Help for Therapists

Hey there,

Here’s a list of Accountants and Financial folks especially collected for therapists. Most of these names come from Bethany Bylsma of the famed + super fun Therapy Godmothers. Friends of mine, offering all types of support for therapists setting up, or running, a private practice.

Also, hey, would you like to learn more about IRS taxes - either to file yourself. Or, to help you work with an accountant in a more empowered way? Check out Taxes + Snaxes, with Yours Truly as a Guest Presenter. Online or in-person workshops (in Seattle).

:) Jenny

Heard
Offering wholistic services - with accounting and bookkeeping combined
joinheard.com/pricing

MaClean Wealth
Retirement and Income Planning
macleanwealthplanning.com/team

TLDR
Extra support for new therapists
tldraccounting.com/accounting-for-therapists/

Nth Degree CPAS
Taxes and help with cash flow 
nthdegreecpas.com/

+
Wise Mind Financial
Money Coaching, by a trained therapist
wisemindfinancial.com

How to do a Retreat / Worksheets V.2

ROUGH DRAFT

I'm a huge fan of retreats!
Especially in the summer.

Yes, it's true ... it can feel super difficult to find the time, space, and money. And yes, it's true, it can feel indulgent. And bring up weird/uncomfortable feelings. (I feel guilty. Am I allowed to do this? Why am I so tired? Why am I sad, when this is supposed to be fun?)

Also, retreats pay off - both for you, to feel better. And for your business.
Also, you are worth it. 

You are the talent, you need support.
You are the leader of your business, you need space for inspiration and setting the next direction.
You are the manager of your talent, you need strategies to stay in alignment with your vision.

We spend most of our time during the year meeting other people's needs. 
This is the time of year to tune into your needs.
And then, to adjust the business to make it a more ideal job for you AND to offer more value for your clients/customers.

I believe it's essential to both you as a person, and the success of your business!
(Also, you can write-off the cost / it's a business deduction.)

♥
Interested in setting one up for yourself?
Check out these worksheets below. They are all in BETA form.
 

Read this one first - How to Do a Personal/Professional Retreat


Then program Options:
Taking Stock
Rest / Fill the Reserves
Intuition
Inspiration
New Skill
Focused Work
Debrief/Reflect on a specific experience or chapter.

Ways to Say NO ... Including MAYBE (Probably No).

This blog post will grow!

For now, here are some great ways to say NO … including MAYBE (Probably No).

Basic No-s

No thank you, I’m going to pass on this.
Thank you for inquiring … I’m going to pass.
Hmmm… I think I need to pass on this.

Oh bummer, I’m actually phasing out that service … so I have to say no.
I’m not currently set up / prepared / ready for that type of project, so need to say no.

No thanks.
Thanks, but no thanks.
I’ve got to say no for now, but thanks for asking.
I’d rather not, but thanks for asking. 
I appreciate you asking. I need to say No at this time.

Oh shoot, that’s a hard no.
Oh sorry, that won’t work for me.
I need to RSVP no for this event.

I wish there were 2 of me, in that case I would say yes!

I need to bow out this time.
Sorry, no. Nat at this time.

I’m otherwise engaged, sorry!
Ooh, it’s not likely I can make that work. I’ll let you know if anything changes.
I’m sorry, I’m all booked up that week/month.
I’m booked up until the end of the year.
Oh shoot, I’m already committed that ___[evening/week/etc.]____.
I’d love to, but my plate is totally full right now!
I’m honored that you asked! Currently, I’m at capacity, so have to say no. If I had a clone, I would totally do it.

What you need is beyond my wheelhouse / my scope / my expertise…sorry, I need to say no.
Sounds tempting, but I need to pass.
If you asked me __ month/years ago … I would have said yes! But now, I’m doing something different, and have to say no.
Thank you for asking. I’m not able to take this project on right now.

I wish I could make this work right now, but need to pass.
Oh man, it’s just not possible for me to take that on right now.

 

Helpful No-s

My business has changed, and I no longer offer that service. Here’s a referral … or All the best with your search.

What you need is beyond my wheelhouse / my scope / my expertise…and I want you to get what you need and deserve. So, I need to say no.

Sorry no, I can’t do that. But here’s what I can do….

 Ask Me Later

Oh wow, that’s a cool opportunity. At this time, I need to say no / pass. Please ask me again in the future!

Maybe someday I can say yes. For now, I need to say no.
I need to say no for now, maybe another time?

I’m at capacity, and currently not booking any future work. Feel free to check back with me in __ months.

I need to bow out this round.
Thank you for thinking of me, I need to pass this round.

Oh bummer, I’m just not able to fit that in currently. Feel free to check back with me later.
Can I take a rain check?

 

Maybe (Probably No)

Hmm. Let me think on that, and I’ll get back to you.

I’ll check my calendar later – when I get home / during my office hour – and will get back to you by _____.

If you don’t hear back by this date, then I’m a no.

Hmm, I’m guessing that I’m booked already. So I’ll say no for now, and if something changes, I’ll let you know!

♥

Do you know any great Accountants or Bookkeepers?

This is a great question. Also, it is the #1 question I receive through email … so I decided to keep a full answer here for you - that I can update regularly.

Short answer - yes! I know some amazing folks.
Longer answer - they are often booked! So I’ve keeping a list of both people I know, and names I’ve heard of.

(I’m always on the lookout for more awesome people in the Financial world, so if you find any, please let me know.)

Additionally, here are some general tips:

  • If none of these work out, ask all your friends and family … and get a list of names.

  • Try to meet at least 3 - for some type of initial consult. You will learn a little bit each time, and you’ll get a sense of the various communication styles. And what you like and don’t like.

  • Keep in mind - this is an equal power situation. You are the client, you’re an expert on your biz and your personality and work style. They are the expert of filing taxes and numbers. Be sure it feels good to talk with them and work with them.

  • If you want someone who will teach you things, ask them specifically if they like explaining how taxes and bookkeeping work.

  • For Accountants, be sure to ask if they file city and state taxes too! Many accountants do not.

Note: If you’re a Therapist - please see this list, specially collected for you.

/ / / / /


Patty Kelley, CPA and Katherine Griswold, MBA
portumbooks.com
Taking new clients, focus on small business. Offering full bookkeeping services, preparing documents for taxes, consulting, Quickbooks advising, and more!

Luke and Amy Weissgarber
ltwcpa.com/
Based in Bothell, just moved up from Texas. Recommended by trusted CPA, actively looking for clients.

Valerie Moseley, CPA
valeriemoseleycpa.com
Available for consults: self-employed, S-corps, interesting tax situations, etc.
Limited openings for perfect-fit clients

Jocelyn Muhl, CPA
northseattleaccountant.com
Accounting services include time for questions
Available for consults, and perfect-fit clients

Lindsey Gaughn, CPA
gaughanlindsey@gmail.com
Available for consults, bookkeeping and accounting services
Email to get in touch

Hipster Money / Alexandra Perwin, CPA
hipstermoney.com
Usually booked … sometimes available for consults, new clients who are perfect-fit

Clear Sky Money Matters / Emily Zillig
emilyzillig.com
Bookkeeping, money coaching

Sadie Frederick / Bookkeeper
sadieaccounts.com
Specializing in small Seattle nonprofit clients (also a long-time client of mine)

Something Different Accounting
https://www.sdacct.com
Loved their ad and vibe on Facebook

Courtney McNeff
freetracaccounting.com/our-team/
Recommended on Facebook, by self-employed friend. Sr. Accountant and Owner of Freetrac Services, LLC.

Justin Bourn, CPA
wzbcpa.com/team/justin-a-bourn/
A client said he’s friendly and easy to work with. Now the co-owner of this company. I hope to meet him some time.

Heather Lowrey
Wisemindfinancial.com
Money coach and bookkeeper. Has worked a ton with therapists, also is a therapist. I met her briefly, very friendly. She might have people to recommend.

♥

Good luck with your search! … and please do let me know if you find any great people to add to this list.
Jenny Girl Friday

Weekly Staff Support / Check-in Meeting (For being happier at work)

Here’s my latest tool and practice for being happier at work: Weekly Staff Support Check-in Meetings.

In a nutshell
The idea is to look at the week ahead, and to ask myself, What support do I need to get everything done, and feel great?

Context and Guiding Ideas
It’s easy to move through the days and weeks, working constantly, to complete all of the things on our to-do list. Showing up for clients, finishing projects, handle business chores, etc. We are often driven by due dates. And many of us do whatever it takes to fulfill those commitments. We use the tools of: fit-stuff-in, dig-deep, work-until-it’s-done.

That’s cool, and gets results. …though, after a while, it can be very wearing on the mind, body, and spirit.

Here’s what we forget - how to give ourselves support to get through these big lists of work. Support can range from: getting tools we need, creating more time and space, gatekeeping small things out, taking things off the calendar, fuel or nourishment, ideal working conditions, encouragement, company … the list goes on. It’s whatever you need to get things done (and not be depleted).

Enter the Weekly Staff Support Check-in Meeting

You invite your two selves, the Boss You and the Talent You, hence the “meeting” part.

Talent You can write out all of the things on your plate. And then shares (with the Boss You): here’s how I’m feeling, here’s what I need, here’s what I wish. Then, the Boss You can make some decisions and provide support. After all Boss You wants to keep the Talent in the business!

Here’s how to use it

1 - Write some notes in the calendar section. Perhaps put in critical meetings, periods for working, breaks.

2 - Fill in the 2nd row - looking at tasks on your mind or list. Perhaps assign some to the calendar above.

3 - Make some observations. What do you notice - thoughts, feelings?

4 - Drill down - What’s a theme? What energy is needed? What support do I need? Perhaps add - how you want to feel at the end of the week?

5 - With all of that in mind, define some specific staff support. And then, make plans to give it to yourself.

The Quickie Version

At the beginning of your work week ……. let your eyes glaze over your calendar and to-do list.
Then, ask, “What’s one thing I can do or give myself to move through the week, get things done, and feel great?”

Channel the idea that you want to be the best boss in the world.

Give it a whirl, and let me know what you think!

: ) Jenny Girl Friday

Sidekick Services / Paid Newsletter FAQs

How many newsletters will I get?

12 - 20 each year.

One, at the beginning of each month, with the important due dates, helpful links, and tools. Sometimes, you may receive an extra newsletter, if it pertains to a timely + specific topic. For instance, opportunities - like the PPP Loan, or if there are important changes with tax + licensing rules or procedures.

What will be included, specifically?

  • Reminders for Due Dates - for taxes, license renewal, and LLC / PLLC renewal.

  • Links to how-to articles, walkthroughs, or information.

  • Handy tools + worksheets to make biz chores easier.
    And

  • Planned for 2022: more tools for tending your Money Garden and being Happy at Work.

  • Topics cover:

IRS Taxes - Filing and Prep
Sending in Estimated Quarterly Payments to the IRS
WA State Taxes
King County Taxes
Seattle Taxes
+
Renewing PLLC / LLC
Renewing Seattle License
+ More

What does the newsletter cost?

There is a monthly fee for the newsletter. You can choose what you’d like to pay, based on your situation and how you feel. Suggested prices:
$15 - I’m new to business / on a strict budget
$20 - I want to pay the Suggested amount
$25 - I’m thriving and want to send some love back your way
$26+ (custom amount) - You have saved my life! I want to show a huge gratitude!

How many months is something due?

5 - 9 months, depending on your situation.
If you file Annually with WA State, you’ll have things due 5 - 7 months out of the year.
If you file Quarterly with WA State, you’ll have things due 7 - 9 months out of the year.

Why am I paying you monthly, if some months there is nothing due?

Three Reasons:
1 ) It’s helpful to know when nothing is due, so you can have peace of mind.
2 ) Some months you’ll be receiving a LOT of content and forms. Others are very light. Your monthly fee reflects the average value.
3) Providing regular payments, helps me to be building materials for you year-round.

Also, the months in between are a great time to rest from biz chores, to refine systems, or to work on being Happier in your job. Sometimes I will provide tools or articles related to this other work.

Is there a bonus for signing up?

Currently … there is no bonus for signing up.
If I develop one in the future, I’ll send it to all the subscribers first!

What if I no longer wish to receive Sidekick Services, but want to know about classes, workshops and other services?

I have a new Announcement List. It’s free to join. I will share about any new workshops, classes, books, and openings available for Friendly Tax/License Consults. (FYI - These announcements will go out first to Sidekick Services.)

Do I need to join the Announcement list as well?

The simple answer - No.
Why? If you are on Sidekick Services, you’ll receive all Announcements. And, you’ll receive them first! The Announcement List is a great option if you decide to leave Sidekick Services.

Is this useful if I live outside of Seattle?

Many readers have shared … that Yes! It’s still helpful if you live outside of Seattle.

For two reasons:
1 ) You get supported for IRS tax prep and filing, relevant to anyone working in the U.S.
2 ) The reminders about local taxes (city, county, state) often prompt readers to get in touch with their own local agencies to find out what is due.

Will it be different, now that we’re paying for it?

At first, not really. Eventually……….Yes!
With your support, I’m planning to up-level both the Sidekick Services and the Business Apothecary. But, it will take some time + money.

  • Hopefully, you will someday see:

  • New design of the newsletter

  • Additional and redesigned tax + money tools

  • Updated how-tos and walkthroughs

  • A web re-design for the Apothecary
    + More!

Why did you switch to a Paid Newsletter … when you said earlier that you wanted to keep it free?

I really, really wanted to keep it free, modeling after NPR or Wikipedia. Over time, I learned that it wasn’t sustainable. I had a few donors (thank you!), which was encouraging and so helpful. Also, it was only just enough to cover tech costs and provide a tiny bonus.

Over time, I realized the following foundational ideas:

  • To fully develop the newsletter and tools, and to really serve you all abundantly, I need 1 - 3 days a month for writing and design.

  • NPR and Wikipedia have regular fundraising campaigns. I didn’t want to start inundating you with those kinds of messages! I’m a fan of only sending need-to-know stuff to you and your inboxes.

  • The value of what I’m providing is designed to save you $500 - $1500 a year or more + intangibles like less stress, more peace, empowerment. And this is worth charging for.

  • Anyone desiring to thrive in self-employment can afford this monthly fee.

  • This model will be like Spotify, Hulu, G-Suite. It’s something you want or need, and it costs money.

Is this a Business Deduction for IRS taxes?

Yes! I would suggest putting this under “Supplies”.

What is Memberful?

It is the company that will process your payments, and keep the subscriber list updated. Whenever you’re changing your payment information, updating a credit card, or canceling, it will be through Memberful.

What if I want to cancel?

You can cancel any time, through Memberful. If you’re not sure how, please email me at jennygirlfriday@gmail.com, and I can do it for you. (Please allow 5 - 10 days, if you cancel through me.)

What if I want to change my monthly amount?

Stay tuned … I will find an answer and report back. And/or email me at jennygirlfriday@gmail.com, and I’ll see how to do this for you. (Please allow 5 - 10 days, if you are requesting a change through me.)

This service has been a game-changer for me. What can I do to show appreciation?

Thank you so much! I’m thrilled to hear it! All of the following are welcome: sending me a note in email, leaving a little Love in the Tip Jar, increasing your monthly fee, and/or encouraging friends to sign up. Thank you again! It’s my goal to help you THRIVE and it’s such a joy to know when things are working for you!

PPP Loan - Info + FAQs 2021

**This is an On-Going Blog Post - and will be updated as new information is discovered.**

Apply for a PPP Loan!
... as soon as you can.
Ideally this week.

Because it is 100% forgivable,
if you do a little paperwork.
The value is 2.5 x your average monthly profit.
The program was designed with you in mind

♥

Read on for FAQs ... and please let me know if you get one! ...or what happens.

Check out this Info Sheet > > >

Includes a chart for keeping track of your Paycheck Schedule. Recommend printing back-to-back if possible. Click on either image to get the 2 page PDF.

The Basics

PPP = Paycheck Protection Program
It is part of the federal relief efforts, through the Small Business Administration.

Although we technically don't have Payroll (as a sole proprietor or single-member LLC) ... we're still invited to apply! We are still allowed to get help. For us, it's considered "owner recompensation".

> > The first step is to get in touch with your bank or credit union.

> New application deadline: May 31, 2021

> You will apply for the Funds through them.

> You'll receive the Funds.

> Then, later, you'll apply for the "Forgiveness" with the bank's help.

> When asked how many employees are in your business, some banks will instruct you to say 0 and others will ask you to say 1. Check with them! (Technically, you're the owner, not an employee. But some banks need a number 1 in there for the formula.)

> The only form you should need ... is your 1040 Tax Return from 2019 ... with your Schedule C - this will show what your business profit was. (Which equals your "payroll".) If you see request for other forms, ask the bank!

FAQs

Who can apply?
Anyone who owns a business, including self-employed folks. Even though sole proprietors and single-member LLCs don't technically have a "payroll", we are still allowed. The rules have been extended so that our profit = payroll.

What is the basic overview?
You apply through your bank ... who goes to the SBA to get the funds. Once the funds arrive, the bank may ask for more documents from you. Use the money to "pay yourself". Then, follow your bank's instructions for the Forgiveness Application. Once you pass that process, you do not have to pay it back.

What paperwork is required?
Usually, an online application through your bank. Then, submitting your 1040 Tax Form from 2019. It's possible some banks will take a Profit and Loss Statement from 2020. Then, the Forgiveness Application - I don't know what is on there, but I've read that it is simplified this round.

I tried before, but didn't get it ... is it worth it this time?
This time, more money has been allocated ... it is way more likely that you can secure the funds this time.

I work seasonally, is there anything I can do to boost my loan amount? (The formulas don’t reflect what was truly lost.)
Yes! Some banks have special steps for seasonal workers. Ask someone at your bank or credit union about this. One reader was able to apply as a seasonal work and received about $7000 instead of $4000 (with the classic application).

I have an EIDL loan ... is that an issue?
Yes and no. As far as I understand it - If you used EIDL loan to pay yourself a regular paycheck, then this will count against how much money you can get from the PPP ... but you can still get the PPP! You can use the PPP funds to pay off your EIDL loan (which is not forgiven). Also, if you used your EIDL loan for other things - like rent or business bills - you can get the full PPP loan for your "payroll". Again, ask your bank!

Hmm ... I feel like other businesses need it more than me ... wouldn't I be taking money away from them?
We all need support. If you get the PPP funds, and pay yourself, you can ensure that you'll remain a stable and secure part of our economic system and community. Plus, you can use your personal funds to support the small businesses you wish to support! And/or donate to causes you care about.

My business has been steady, so maybe I don't need it. Do you have thoughts around that?
Yes! Many people I know (including Yours Truly) have been able to continually work ... but it's been exhausting, and some of us are starting to hit a wall. If we hit a wall, then our businesses come to a total standstill - without sick pay or disability insurance. The PPP funds can allow you to throttle back a bit, if you've been working steadily. Also, keep in mind, the spirit of this is to "protect" your payroll. Who knows what will happen in the next 6 - 12 months. I, for one, could use some security moving forward.

I got the first round of PPP ... can I apply again?
Yes, you can apply again ... with some extra paperwork. You'll need to demonstrate a 25% drop in income ... for a particular month. For example, if you can show you made $4000 in February of 2019 ... then, only $3000 in Feb of 2020, that would suffice. Again, ask your bank!

I heard about the Special Window to apply, where women or minority-owned business are getting additional funds … What if I already received the PPP loan, can I get these additional funds?
Sorry, at this time, there is no retroactive pay available. Keep asking at your bank, in case this changes.

Do I have to space out the paychecks to myself? Or, can I take the money all at once?
It's possible you can take it all at once. I've been seeing the term Owner Compensation Replacement - referring to this idea. Ask you bank or credit union if this applies to you.

What is the best way to handle the funds, to get the forgiveness?
Put all of the loan funds into a separate Savings or Checking account. Open a new one if you need to. Then, choose a schedule to "Pay" yourself - by transferring your "paycheck" to a personal account. OR, write yourself a check. It's very important that the "paycheck" goes into your personal account. What we're trying to avoid, is using the PPP monies for other costs. Use the chart above to keep track.

What am I allowed to spend the money on?
You must use 60-100% of the PPP money for "payroll" costs. There are a few other approved things - benefits, rent, utilities, operational. Ask your bank.

Am I allowed to use it to pay taxes?
If you are a sole prop or single member LLC ... technically, you, as a person pay taxes (not your business). So, after you give yourself a Paycheck (into your personal account), you can send in IRS estimated taxes from those monies. Having said that, you may NOT use them for city or state taxes - those are taxes your business pays.

I work by myself, I thought Self-Employed people didn't get Paychecks or have Payroll.
You are absolutely correct! Technically, we have profit or an owner draw. Having said that, the PPP Loan is including us, and equating our "profit" with our "payroll".

What happens if it’s not forgiven?
It stays a loan with a 1% interest rate. I think you may also defer payments, but am not totally sure about that yet.

What if I’m too worried about not getting forgiven … so it makes me not want to apply, because that would be way to stressful?
Suggestion, get the loan, go through the steps of paying yourself AND save all in Personal Savings. Apply for Forgivess asap, if you get it, cool! Keep the money. If you don’t get forgiveness, then you can pay it back. It would have been a hassle, I get it …but know this, they want us to have the money to stay employed and to stimulate the economy. So, they’re trying to make it as easy as possible for us.

Want to talk to a real person about this?
Scott Kim is at Verity Credit Union ... and helped one of my clients, Dr. Annie Roepke, a resiliency expert, go through the process. He shared that he's willing to be a resource to NON-Verity Members. I'll be reaching out to him this week.
What?! Amazing!


♥ Scott Kim,
Community Branch Manager at Beacon Hill
scott.kim@veritycu.com
206.641-2864

Bottom Line

This program was created with you in mind!
It is here to support small businesses through the rocky waters of the pandemic, and post-pandemic world.

Get help! Help is available!

For a few hours of paperwork and research, you can receive 2.5x $$ what you earn in a month ... to keep for Free.
Please do let me know if works for you! I'd love to hear how many readers do this. All the best and luck to you!

Good luck to you,

Jenny Girl Friday

P.S. I work for tips! If you this article helped you in any way, please consider leaving a tip in the TIP JAR. Thanks! :)

Covid-19 Relief Info + FAQs

This is an evolving page.
If you have new information, please email me at jennygirlfriday@gmail.com.

Paycheck Protection Program (PPP)

The Basics


• This was refunded (a 2nd time)… Friday, April 24, 2020.

• Apply through your bank.

• It's a loan funded by the SBA (Small Business Administration)  ... if you use it for payroll, then in most cases, you will not have to pay it back.

• If your bank is no longer taking applications, consider trying a different bank.

• Learn more on your banks website, here are a few links:
Umpqua Bank
BECU
Wells Fargo
Verity Credit Union
Chase

Can I receive both a PPP loan and Unemployment?At this time, you can get one or the other. This might change though.

What is involved with applying? 
This depends on your bank. I've heard reports that it's fairly straightforward.

Unemployment

• Self-employed people are allowed to apply! (This is a first.)

• WA state admits that the first round of application forms do not match our current situation, so just do your best.

• Learn more here: ESDWAGOV Unemployment for Self-Employed People and Independent Contractors.

• There is a lot of help on the WA page. They have checklists, guides and videos.

• Tip: If applying online, be sure to SAVE a lot. Sometimes people get timed out and kicked off the system...


What is PUA?

Pandemic Unemployment Assistance. Created by the CARES act. Read more on the WA state site. This broadens the support the government can offer … for example, unemployment pay for self-employed folks.

How do I calculate my quarterly earnings?

For the process for figuring out your earnings, it’s basically this:

Your Gross Sales (Total payments by customers)
minus
Business Expenses

= Profit …………Your profit = your income

Options for figuring out your profit:

To do the quickest job of this…always use one business account for all your deposits and expenses.When it’s time to figure out your quarterly earnings, do the following:

A - Log into online banking
B - Set a Search for Deposits within the date range.
C - Add all of these up to get your Gross Sales
D - Now, Search for all “debits” within the date range.
E - Add up all these for your total business expenses.
F - Calculate your Earnings.

If you don’t have one account for all deposits and business expenses, it’s no problem. Just look in all the places you got paid. Add them all up. Look for any receipts or bank/credit card statements where you spent money on the business. Add them up. Then take Gross Sales - Total Business Expenses = Profit.

Covid-19 Relief Checks

• Relief Checks are set to be mailed out within the next few weeks. Direct Deposits are starting now.

• If you filed in 2018, or 2019, there is no form to fill out, there is nothing special to do. (If you're a non-filer of taxes, click here.)

• To check on your payment, go to the IRS.gov site and choose the button, "Get My Payment".  You can also update your Direct Deposit info here.

• The amount is $1200 per individual, $500 per child ... if your adjusted gross income was under $75,000 per individual, or $150,000 per married couple. (The check will be less if you earned over those thresholds.)

• The IRS will either use your 2019 or 2018 taxes to determine this amount. Whichever is the most recent return.

• To read the latest, go to the IRS Coronavirus page.

Changed Deadlines

Changed Deadlines
• Apr 15 moved to June 15 Many of you  Make Annual Report to WA DOR 
Click for Service Providers, Retail/Combo

• Apr 15 moved to Jul 15 Everybody  File Annual Taxes with the IRS 
Click for different help: How to Prep, How to Calculate the Numbers, Options for Filing

• Apr 15 moved to Jul 15  Many of you  Send Estimated Quarterly Tax Payment to IRS 
Click here to read about EQ$ • Click here to read about how to submit EQ$

• Apr 30 moved to June 30 Some of you  Make Quarterly Report to WA DOR 
Click for Service Providers, Retail/Combo

King County Taxes - FAQs

What does the County tax us on?  How much are the taxes?

The county taxes us on property:
1 - real estate (land and buildings)
2 - "personal property" (equipment)

If your business owns any land or buildings, please contact them directly.
For "personal property", totaling OVER $7500, we pay about 1% in taxes. (We owe nothing if the value is under $7500.)

Do I have to report to King County?

Technically speaking, ALL businesses must register with King County and make a report every year.  Realistically speaking, many micro and small businesses do not know about the County, and are not registered, and it has not been a problem (so far). One similar situation is the Speed Limit. Many people drive over the speed limit, but never get a ticket—especially if you're over by only 2-5 mph. I cannot give any advice about what to do, but want to give you some context so you can make your own decision!

What counts as "personal property"?

"Personal property" is a funny term. It sounds like the opposite of business!  But it IS the term for equipment and supplies that you use to do business. Like: desk, shelves, computer, printer, art equipment, and even office supplies. Think of it like this: it's property that we can pick up and carry, on our person.

How do I register with the county?

Someday, I'll have a blog post on this...for now.......)
There is a form to fill out, either on paper or as an interactive PDF.
To find it~
1 
Go to the eListing page
2 
Look on the LEFT side Navigation
3 
Click the "Report New Business" button
4 
It will download a Word document
5 
It asks you to list "Owned Business Assets" ~ these are all the physical things your business owns (furniture, tools, computer) that do NOT get consumed.
6 
Notice, right underneath the the "Owned Business Assets" subtitle, there's a small box where you need to list "Supplies Monthly Cost". This is for things like paper and ink, things you use up.
7 
Send in form—either through email or snail mail.

Call the County with any questions!  206-296-5126

What happens after I register?

The county will add you to their system, and will most likely send you an email. Then, the following calendar year, you report any additional equipment the business has acquired, and/or any increases in supplies.

IF the total exceeds $7500, the business will be taxed about about 1%.
IF there's NO CHANGE, then we're still required to send in a report saying so.

How do I make a report to King County?

Go the eListing on the King County page.

If you need help, you can reach the County by phone or email. Don't be shy, it's their job!  Here's a quote from the website:  

"DID YOU KNOW?The assessor's staff is available to assist you in any way we can. If you have question or concerns, please feel free to call us at 206-296-5126."

43 Ways to Work On Your Business - When you have Unexpected Free Time

ROUGH DRAFT - inspired by the Coronavirus.

Have some unexpected Free Time? Want to get something done on your business, but not sure what to do? No problem! Read on to see a Master List of ways to work on your business, plus some strategies below.

Why do I need a list you ask? Because…once you sit down to ponder the free time, and what to do, it’s easy to draw a blank or get distracted. Next challenge, once you do start thinking, it can be overwhelming. “I need to update my website, order business cards, work on bookkeeping…which one do I do?”. This brings up one of our biggest enemies, Decision Fatigue,…we don’t know which to choose, so we go back to Facebook, email, or wondering around aimlessly. All of those are fine, except when we’re trying to make progress on something.

Free time is your opportunity to work on things that are Important but not critical. These important tasks are the keys to making your future life easier.

Below is a big list. First, here are my suggestions for working with it.

Jar

Print out the PDF version of the list. Cut out the options. Throw away the ones you don’t like. Put the ones you like in a jar. When you have free time, pull out a slip of paper. If it sounds helpful, doable in the moment, get to work. Don’t like it? Pull out another. Keep repeating until you do.

Top Ten List

Pick ten of these tasks. Put on a list. Each time you have some unexpected time, look at the list. Pick the easiest one.

Two-DO List

Look at the list. Pick two tasks. Write somewhere visible. On post-its on computer, on calendar, on your fridge. Whenever you’ve got time, work on one of them. When you have time again, work on the other. Repeat.

Roll some Dice

Use an online dice roller. Or, find 3 - 5 dice. Roll one die to determine how may dice to roll. Now, roll the dice, pick the item on the list with that number. Do that task. Don’t like it? Go again. Still don’t like it? Look over the list and pick one.

Current Master List - A work in progress.

1 - Review your website. 
Just read everything first. Go back through, make a few changes as you go. If needed, make a list of future updates and changes.

2 - Update pictures.
Upload new ones, or make appointment in the future with photographer.

3 - Get a head start on taxes.
If you’re not sure what to do, read this post: How to Prep for IRS Taxes

4 - Do some business analysis. 
Look at each quarter / year. Figure out profits for each, types of clients and work offered. Make some predictions for the future. Record any changes to make.

5 - Mini Retreat – Big Picture View
For options, read this post: How to do a Mini Retreat - Business or Personal

6 - Time planning – weekly schedule, monthly, year.
Print out worksheets or make your own. (Click for Weekly Flow, Year -at-a-Glance.) Start with a clean slate. Add in required activities. Look for things to cut. Add in top priority activities.

7 - Update LinkedIn profile.

8 - Review all digital presence.
Make adjustments if needed.

9 - Get ahead on newsletter, Insta posting, other social media.

10 - Digital clutter clear out. 
Look through computer files. Delete old items. Adjust folders as you go. Archive old files.

11 - Paper work and files.
Go through paperwork. Look through everything to pull out old documents to recycle/shred. 

12 - Bookshelves.
Pull all the books down, dust. Look through them. Give away old books. Perhaps stack in a new way.

13 - Bulletin board / vision board.
Make a new one, or re-do current ones and start a new one.

14 - Visual Reminders
Make posters for the office or fridge – with whatever you need to be reminded of – routines, goals, plans, schedule.

15 - Self-care plan review.
What are you currently doing for self-care? What do you wish to add? Anything to cut? What’s your budget? Make adjustments and add activities into your schedule.

16 - 3 Ideal Clients
Check out this post - Three Ideal Clients - Book Excerpt

17 - Review policies.
Adjust or add. 

18 - Update Terms / Contract. 

19 - Look at prices and adjust. 
Perhaps add new fees, e.g. travel, late fee, reschedule, rush work.

20 - Development new offering or class.

21 - Brainstorm new marketing materials.

22 - Create Pinterest board.
For inspiration/ communication with designer, or to draw from yourself.

23 - Research people to hire / network with.

24 - Organize photos and imagery for marketing.
Update labels, perhaps put in one folder.

25 - Collect a copy of all your materials and put in one place.
For example, all ads or brochures, business cards – put in a notebook. Or all of your handouts, print and put in a folder / notebook.

26 - Take inventory of supplies.
Reorganize supplies. Label.

27 - Make a bingo card of goals. - See below.
Pick 5 categories. Write in the spaces under the BINGO. Under each, fill in tasks or accomplishments. Give yourself rewards when you get a line or blackout. I used this for marketing my book after it was written. It’s still on my fridge!

28 - Get all tax + legal info in one place.
Online and in print form.

29 - Research swag you might want to make.

30 - Research boutiques, galleries.

31 - Research events in the area for small business / community / your field.
Make a calendar of when they happen.

32 - Research events you might want to sponsor.

33 - Research charities / causes to give money or time to.

34 - Reach out to old friends and contacts just to say hi.
Only if this feels legit and you want to, with no direct business agenda.

35 - Follow up with people you’ve talked about collaborating with.

36 - Create a class or workshop to offer for profit, or as a volunteer.

37 - Do a numbers review, by month.
Check out these worksheets: Service Providers, No Sales Tax; Services Providers, with Sales Tax; Product Makers (Retail/Combo).

38 - Make a list of Household Bills
This can be useful when making your own Salary goals. Click here for a worksheet.

39 - Give yourself a Reward.
Because you deserve it. Click to see a menu.

40 - Find some books to read, related to your work.
Consider going to the bookstore to be able to browse in person.

41 - Research a vacation or work trip.
Put it on your calendar.

42 - Do some math to give yourself a raise!
Update on website and materials.

43 - Send an email or thank you card to a role model or someone who inspired you.

Okay, that’s the big list. You don’t need to do all these things! It’s just a menu. Use one of the strategies above to make your own plan. Either the Jar, Top Ten, Two-DO list, or Roll the Dice.

♥

Please, let us know how it goes! Share any stories or suggestions in the comments below.

Cheers,

Jenny

Click on the image to get a downloadable pdf.

Here’s the Bingo Card I made after publishing my book. It helped me stay on track and celebrate successes!

gFBingoCardBOOK.png