Hannah Cole - Sunlight Tax
Hannah Cole - Sunlight Tax
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How to Prepare Your 1099s: Bookkeeping Tips, W9s, and Legal Obligations
🎙EPISODE 133: How to Issue Your 1099s
Watch FULL Video: th-cam.com/video/ft8ywNhb1Ps/w-d-xo.html
Today, I’m going over the importance of issuing 1099 forms if you’re self-employed, including who needs to receive them, the deadlines and penalties involved if you miss it.
Tune into this episode to get an understanding of the 1099 process and to get strategies to simplify issuing 1099s, so you can stay organized and avoid any penalties.
EPISODE LINKS:
**Blank W9 for you: www.irs.gov/pub/irs-pdf/fw9.pdf
**My course on issuing 1099s: courses.sunlighttax.com/all-about-1099s
**Check out my program, Money Bootcamp: www.sunlighttax.com/moneybootcampimpact
Listen to the podcast here: www.sunlighttax.com/podcast
If you enjoyed this episode, please rate, review and share it!
---
Links:
A TAX GUIDE TAILORED TO YOUR CREATIVE FREELANCE WORK OR SMALL BUSINESS: www.sunlighttax.com/deductionsguide
Follow me for more:
Instagram: sunlighttax
Facebook: sunlighttaxforartists
www.sunlighttax.com/
--
DISCLAIMER:
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, accounting, or financial advice. Because each individual's situation is different, specific advice should be tailored to the particular circumstances. You should consult your own tax, accounting, and financial advisors before engaging in any transaction or submitting any documents to the taxing authorities. Any disclosure, copying, or distribution of this material, or the taking of any action based on it, is strictly prohibited.
#SunlightTax #TaxTalk #SunlightPodcast
มุมมอง: 7

วีดีโอ

Why You Need a w9 Before Paying Contractors
มุมมอง 10วันที่ผ่านมา
🎙EPISODE 133: How to Issue Your 1099s Watch FULL Video: th-cam.com/video/ft8ywNhb1Ps/w-d-xo.html Today, I’m going over the importance of issuing 1099 forms if you’re self-employed, including who needs to receive them, the deadlines and penalties involved if you miss it. Tune into this episode to get an understanding of the 1099 process and to get strategies to simplify issuing 1099s, so you can...
What Are The Exceptions For Filing A 1099
มุมมอง 9วันที่ผ่านมา
🎙EPISODE 133: How to Issue Your 1099s Watch FULL Video: th-cam.com/video/ft8ywNhb1Ps/w-d-xo.html Today, I’m going over the importance of issuing 1099 forms if you’re self-employed, including who needs to receive them, the deadlines and penalties involved if you miss it. Tune into this episode to get an understanding of the 1099 process and to get strategies to simplify issuing 1099s, so you can...
How to Issue Your 1099s - The Sunlight Podcast - EP 133
มุมมอง 48วันที่ผ่านมา
🎙EPISODE 133: How to Issue Your 1099s Today, I’m going over the importance of issuing 1099 forms if you’re self-employed, including who needs to receive them, the deadlines and penalties involved if you miss it. Tune into this episode to get an understanding of the 1099 process and to get strategies to simplify issuing 1099s, so you can stay organized and avoid any penalties. EPISODE LINKS: Bla...
Organize Your Tax Receipts with Easy System for Digital and Physical Filing
มุมมอง 11วันที่ผ่านมา
🎙EPISODE 132: Your January Checklist for Easier Taxes Watch FULL Video: th-cam.com/video/LCtsLedGG0Y/w-d-xo.html Today, I’m giving you a comprehensive January checklist to help organize your taxes if you’re self-employed so that you can have a head start on your taxes for 2025. Tune in to this episode to get a strong start to the tax year and put systems in place to simplify your tax preparatio...
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มุมมอง 5วันที่ผ่านมา
🎙EPISODE 132: Your January Checklist for Easier Taxes Watch FULL Video: th-cam.com/video/LCtsLedGG0Y/w-d-xo.html Today, I’m giving you a comprehensive January checklist to help organize your taxes if you’re self-employed so that you can have a head start on your taxes for 2025. Tune in to this episode to get a strong start to the tax year and put systems in place to simplify your tax preparatio...
Why You Need a Separate Business Bank Account
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Why You Need a Separate Business Bank Account
January Checklist: What To Do When Your 1099s and Tax Documents Arrive
มุมมอง 92 วันที่ผ่านมา
January Checklist: What To Do When Your 1099s and Tax Documents Arrive
Recording Your Odometer on January 1 for Business Mileage Tax Deductions
มุมมอง 52 วันที่ผ่านมา
Recording Your Odometer on January 1 for Business Mileage Tax Deductions
Your January Checklist for Easier Taxes - The Sunlight Podcast - EP 132
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Your January Checklist for Easier Taxes - The Sunlight Podcast - EP 132
IRS Direct File Program Now Permanent: Big Win For Free Tax Filing
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IRS Direct File Program Now Permanent: Big Win For Free Tax Filing
Secure 2.0 Act Super Catch Up Contributions For Retirement
มุมมอง 3214 วันที่ผ่านมา
Secure 2.0 Act Super Catch Up Contributions For Retirement
Maximize Your Tax Deductions by Tracking Your Mileage
มุมมอง 914 วันที่ผ่านมา
Maximize Your Tax Deductions by Tracking Your Mileage
2025 Tax Changes - The Sunlight Podcast - EPISODE 131
มุมมอง 10214 วันที่ผ่านมา
2025 Tax Changes - The Sunlight Podcast - EPISODE 131
Make Taxes Easier and Stash an Extra $152k in Your Savings
มุมมอง 4621 วันที่ผ่านมา
Make Taxes Easier and Stash an Extra $152k in Your Savings
Stress Stopper: Plan For Your 1099s - The Sunlight Podcast - EP130
มุมมอง 6321 วันที่ผ่านมา
Stress Stopper: Plan For Your 1099s - The Sunlight Podcast - EP130
Year-End Tax Savings Tips: Reduce Your Tax Bill with These Simple Strategies
มุมมอง 2228 วันที่ผ่านมา
Year-End Tax Savings Tips: Reduce Your Tax Bill with These Simple Strategies
How to Budget for Taxes & IRA Funding by April 15
มุมมอง 12หลายเดือนก่อน
How to Budget for Taxes & IRA Funding by April 15
Pay Yourself First: Prioritize Your IRA and Avoid Last-Minute Tax Panic
มุมมอง 8หลายเดือนก่อน
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Stress Stopper: Plan for the April 15 Double Deadline - The Sunlight Podcast - EP 129
มุมมอง 54หลายเดือนก่อน
Stress Stopper: Plan for the April 15 Double Deadline - The Sunlight Podcast - EP 129
Understanding the Tax Implications of Donating Your Creative Work to Charity
มุมมอง 7หลายเดือนก่อน
Understanding the Tax Implications of Donating Your Creative Work to Charity
Will You Get A Tax Deduction When You Donate Your Work To Charity?
มุมมอง 1หลายเดือนก่อน
Will You Get A Tax Deduction When You Donate Your Work To Charity?
How Charitable Donations Can Be Tax Deductible Advertising for Your Small Business
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How to Use Big Donation Years to Exceed Standard Deduction
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How to Use Big Donation Years to Exceed Standard Deduction
Understanding Itemized Deductions: Charitable Contributions, Medical Expenses & More
มุมมอง 10หลายเดือนก่อน
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File Your Beneficial Ownership Information Report (BOIR)
มุมมอง 1.8Kหลายเดือนก่อน
File Your Beneficial Ownership Information Report (BOIR)
Year End Savings: Charitable Deductions - The Sunlight Podcast - EP 128
มุมมอง 69หลายเดือนก่อน
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Do I Still Need To File My Beneficial Ownership Information Report (BOIR)?
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How to Lower Your Taxes This Year: Smart Year-End Purchases & Prepayment Strategies
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ความคิดเห็น

  • @monkeydog8681
    @monkeydog8681 4 วันที่ผ่านมา

    Everyone know 90% of unreported income, and unrealized tax are money owed by Billionaires. Government prints out 4 trillion USD. 87% goes to the top 1%. HEY!!!

  • @sunlighttax
    @sunlighttax 11 วันที่ผ่านมา

    You can use the code “SUNLIGHT” to get a $50 discount. Register here: kestrelfieldstudio.com/taxes-for-artists?fbclid=PAZXh0bgNhZW0CMTEAAaYnEtb7NRJx6JU53deRPBz13gqU1aZG0S1UkHLtwPD1ZJv92NB4pxeHVgQ_aem_8gxBG2d2FzLhQeIcBOIlig

  • @sunlighttax
    @sunlighttax 12 วันที่ผ่านมา

    🎙EPISODE 132: Your January Checklist for Easier Taxes Watch FULL Video: th-cam.com/video/LCtsLedGG0Y/w-d-xo.html

  • @sunlighttax
    @sunlighttax 12 วันที่ผ่านมา

    🎙EPISODE 132: Your January Checklist for Easier Taxes Watch FULL Video: th-cam.com/video/LCtsLedGG0Y/w-d-xo.html

  • @sunlighttax
    @sunlighttax 12 วันที่ผ่านมา

    🎙EPISODE 132: Your January Checklist for Easier Taxes Watch FULL Video: th-cam.com/video/LCtsLedGG0Y/w-d-xo.html

  • @sunlighttax
    @sunlighttax 13 วันที่ผ่านมา

    🔔 Subscribe now and get relevant tax and financial education, so you can bring your unique vision to the world: www.youtube.com/@sunlighttax

  • @sunlighttax
    @sunlighttax 13 วันที่ผ่านมา

    🔔 Subscribe now and get relevant tax and financial education, so you can bring your unique vision to the world: www.youtube.com/@sunlighttax

  • @sunlighttax
    @sunlighttax 13 วันที่ผ่านมา

    🔔 Subscribe now and get relevant tax and financial education, so you can bring your unique vision to the world: www.youtube.com/@sunlighttax

  • @diannequattrocci8125
    @diannequattrocci8125 13 วันที่ผ่านมา

    Thank you 😊

    • @sunlighttax
      @sunlighttax 13 วันที่ผ่านมา

      My pleasure.

  • @BTC_DNA
    @BTC_DNA 13 วันที่ผ่านมา

    Defense spending is discretionary / non-mandatory. There is no law which mandates the amount that must be spent on defense expenditures.

  • @nafees2091
    @nafees2091 14 วันที่ผ่านมา

    Hello, how are you? I am a regular viewer of your TH-cam channel. I came here to say that- "I always learn something new from your channel-so valuable!" Good Luck to You❤

  • @ShuvoChowdhuryOvi
    @ShuvoChowdhuryOvi 15 วันที่ผ่านมา

    This is great news for taxpayers! The IRS Direct File Program becoming permanent is a big step forward for making tax filing easier and more accessible. It’s exciting to see a free option like this that simplifies the process and helps people save money. Looking forward to hearing more about how this will roll out nationwide! 🚀

    • @sunlighttax
      @sunlighttax 14 วันที่ผ่านมา

      Yes, and I agree that it’s a really wonderful thing. My next great hope is for them to expand the program to include people who have a schedule C.

    • @ShuvoChowdhuryOvi
      @ShuvoChowdhuryOvi 14 วันที่ผ่านมา

      @@sunlighttax I recently visited your TH-cam channel. However, I noticed that your videos are not ranking well due to some issues. Your video quality and thumbnails are very nice, But your videos are not getting more views & subscribers Because your Content title and Description are not SEO-friendly and do not have enough Rank tags. The videos are not SEO-optimized according to the rules of the TH-cam algorithm. If you SEO your videos Properly, then the Channel Progress will be very Fast, and Subscribers and Views will Increase. Here are the issues I found with your channel: 1. Video SEO has not been properly done. 2. Videos are not being released on time. 3. The video titles are not optimized. 4. Keyword research has not been done effectively. Solving these issues will help your TH-cam channel perform better.

  • @sunlighttax
    @sunlighttax 16 วันที่ผ่านมา

    🎙EPISODE 131: 2025 Tax Changes Watch FULL Video: th-cam.com/video/5Bh0P1iv2Mo/w-d-xo.html

  • @sunlighttax
    @sunlighttax 16 วันที่ผ่านมา

    🎙EPISODE 131: 2025 Tax Changes Watch FULL Video: th-cam.com/video/5Bh0P1iv2Mo/w-d-xo.html

    • @ShuvoChowdhuryOvi
      @ShuvoChowdhuryOvi 15 วันที่ผ่านมา

      This is great news for taxpayers! The IRS Direct File Program becoming permanent is a big step forward for making tax filing easier and more accessible. It’s exciting to see a free option like this that simplifies the process and helps people save money. Looking forward to hearing more about how this will roll out nationwide! 🚀

  • @sunlighttax
    @sunlighttax 16 วันที่ผ่านมา

    🎙EPISODE 131: 2025 Tax Changes Watch FULL Video: th-cam.com/video/5Bh0P1iv2Mo/w-d-xo.html

  • @texastanjore
    @texastanjore 20 วันที่ผ่านมา

    H&R Block has raised the price of their Basic program from $15 to $45. Which other low cost tax prep programs do you recommend?

    • @paigedentice6943
      @paigedentice6943 19 วันที่ผ่านมา

      Freetaxusa

    • @sunlighttax
      @sunlighttax 19 วันที่ผ่านมา

      You might want to check out the newly expanded IRS Free File program. They doubled the eligible states this year. Be careful to note that your situation is eligible- many times people with a Schedule C (self-employed income) are excluded. You can also try a local Volunteer Income Tax Assistance (VITA) program for free help. Again, check the eligibility requirements to make sure that schedule C income is allowed. VITA programs are run through local non-profits in your area. The larger the nonprofit running the Via program for more capacity they generally have for things like that. I hope that helps!

  • @sunlighttax
    @sunlighttax 20 วันที่ผ่านมา

    🎙EPISODE 131: 2025 Tax Changes Watch FULL Video: th-cam.com/video/5Bh0P1iv2Mo/w-d-xo.html

  • @rdstudios-production
    @rdstudios-production 25 วันที่ผ่านมา

    Any shortcuts for not filling them out manually? I have about 15-20 to do for last year and was hoping to find a simple solution with blank 1099s could be printed and formatted. Also does sending the copy to the IRS help to "prove" to the IRS that these independant contractors have been paid and validate my expenses avoiding a potential audit? I know your answer is not "legally binding....and this is of education...entertainment purposes only....yada..." Thanks Hannah...love your vids!

    • @sunlighttax
      @sunlighttax 24 วันที่ผ่านมา

      Hi there, There are some great services out there that will automate much of this process. You should also know that it’s a mandatory legal thing that a copy of your 1099 must also be sent to the IRS. This is not optional. A service I really like is called Track 1099. Their fees are pretty low and they will automate everything that it’s possible to automate about the process. Hope that helps.

    • @rdstudios-production
      @rdstudios-production 24 วันที่ผ่านมา

      @@sunlighttaxsuper helpful

  • @sunlighttax
    @sunlighttax 25 วันที่ผ่านมา

    💰Make Taxes Easier and Stash an Extra $152k in Your Savings 🗓Thursday, January 9th at 12PM EST Register here: go.sunlighttax.com/free

  • @carolewisemusic
    @carolewisemusic 26 วันที่ผ่านมา

    So grateful for all you provide Hannah. So grateful you are well 🫶🏽☮️

    • @sunlighttax
      @sunlighttax 25 วันที่ผ่านมา

      My pleasure. Happy New Year!

  • @ElijahPaint-x1z
    @ElijahPaint-x1z 27 วันที่ผ่านมา

    You're a life saver with this!

    • @sunlighttax
      @sunlighttax 25 วันที่ผ่านมา

      Glad I was helpful. Happy New Year!

  • @victoriaawkward6846
    @victoriaawkward6846 27 วันที่ผ่านมา

    Thank you for making this!

    • @sunlighttax
      @sunlighttax 25 วันที่ผ่านมา

      My pleasure. Happy New Year!

  • @coreyagraphy
    @coreyagraphy หลายเดือนก่อน

    Actually it’s voluntary

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 129: Stress Stopper: Plan for the 4/15 Double Deadline Watch FULL Video: th-cam.com/video/F07kBslguo8/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    GET THE FREE MINI COURSE: www.sunlighttax.com/llc The injunction has been lifted and the filing is mandatory again.

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    GET THE FREE MINI COURSE: www.sunlighttax.com/llc The injunction has been lifted and the filing is mandatory again.

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 127: Year-End Savings: Business Expenses Watch FULL Video: th-cam.com/video/2OkbC12ci2o/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 128: Year End Savings: Charitable Deductions Watch FULL Video: th-cam.com/video/XyNxuG_I_fU/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    GET THE FREE MINI COURSE: www.sunlighttax.com/llc The injunction has been lifted and the filing is mandatory again.

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    GET THE FREE MINI COURSE: www.sunlighttax.com/llc The injunction has been lifted and the filing is mandatory again.

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🔔 Subscribe now and get relevant tax and financial education, so you can bring your unique vision to the world: th-cam.com/channels/fBU4e2kjX_FEUkEzqbEuRw.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    GET THE FREE MINI COURSE: www.sunlighttax.com/llc The injunction has been lifted and the filing is mandatory again.

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 129: Stress Stopper: Plan for the 4/15 Double Deadline Watch FULL Video: th-cam.com/video/F07kBslguo8/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 129: Stress Stopper: Plan for the 4/15 Double Deadline Watch FULL Video: th-cam.com/video/F07kBslguo8/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 129: Stress Stopper: Plan for the 4/15 Double Deadline Watch FULL Video: th-cam.com/video/F07kBslguo8/w-d-xo.html

  • @sunlighttax
    @sunlighttax หลายเดือนก่อน

    🎙EPISODE 129: Stress Stopper: Plan for the 4/15 Double Deadline Watch FULL Video: th-cam.com/video/F07kBslguo8/w-d-xo.html

  • @moniquehines4272
    @moniquehines4272 หลายเดือนก่อน

    I Thought this was stopped per a court order

    • @sunlighttax
      @sunlighttax หลายเดือนก่อน

      I recommend filing your BOI Report. While there is a temporary injunction due to a Texas court ruling, other federal courts have ruled it constitutional. Filing is the safest way to ensure you will not incur $500 a day penalties if the Texas injunction is overturned.

  • @Ptina78
    @Ptina78 หลายเดือนก่อน

    Actually there is a case out of Texas that the Feds have said it is now NOT required and the deadline is stayed for now. So don’t stress everyone for the end of year rush. Not everyone wants the feds in their business if they don’t have to.

    • @sunlighttax
      @sunlighttax หลายเดือนก่อน

      I still recommend most people file your BOI Report. While there is a temporary injunction due to a Texas court ruling, and you’re correct that it is optional while the injunction applies, other federal courts have ruled it constitutional. Filing is the safest way to ensure you will not incur $500 a day penalties if the Texas injunction is overturned. But you can also set up a Google news alert to stay on top of the court news.