Friday Finds #201

Getting Taxes Organized

Friday Finds January Blog Post

Welcome to the first Friday Finds of 2021!

I’ve been trying to think of ways to keep this series fresh in the new year. As one who has definitely been feeling information overload these past 9 months more than ever, I want to make sure that what you’re getting here is useful and succinct without feeling like too much.

Here’s what I’m going to experiment with:

Things will continue as normal, but I’m going to try and focus each weekly post a little more.

Rather than 8-12 random items, I’m going to try and have the majority of them focused on one topic and sprinkle in a few randoms – such as recommended products and recipes as usual.

While this is the main idea I’m shooting for, let’s be real – it probably won’t be cut and dry that way every time. It’s just a new way for me to think about what I’m sharing with you.

We’re going to kick off the year with a little fun… TAXES.

OK, maybe not so fun, but we have to think about it sooner or later so we might as well just get it over with.  🙂

 

1

Get Organized: Bills, Expenses, and Receipts (Piano Pantry)

A peek into how I keep our day-to-day financial paperwork and transactions up-to-date and tidy.

 

2

Take Advantage of the “Qualified Income Business Deduction” for Piano Teachers (Compose Create)

This is one you definitely don’t want to miss out on. In short, you may qualify for 20% of your net income to be un-taxed.*

 

3

My Top 6 “Buy It Again” Office Products from Amazon (Piano Pantry)

In this list are some of the products I use on a daily basis throughout the year to keep myself organized so when tax time does hit, I’m not scrambling.

 

4

Forum Q&A | Studio Business Structure: Sole Proprietorship, LLC, Corporation…? (Color in My Piano)

 

5

Food you won’t regret (because it’s that good):

Cheesy Baked Eggs (The Girl Who Age Everything)

Italian Sausage and Zucchini Soup (Taste of Home)

Sausage Gravy (Ree Drummond)

 

 

6

Lowering Taxes with Business Expenses (Music Studio Startup)

 

7

The Fir-Tree by Hans Christian Andersen (Becoming Minimalist)

A sweet short story.

 

8

Seven Tax Deductions for Music Teachers (Sara’s Music Studio)

 

9

Ten Tax-Saving Tips for Private Music Teachers (MakingMusicFun.net)

 

10

I’ve been totally getting into Instagram Stories (finally!) and would love to see you there! Follow me on Instagram.

 

 

*Disclaimer: Any statements in this post should not be considered legal or tax advice. Please consult with a tax professional about your specific situation.

 

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