Desarie Anderson, CPA, EA
PROFIT AND BEAUTY: A Show For Salon ProfessionalsEpisodes
Episodes of PROFIT AND BEAUTY
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Join The Club: https://financesforsalonprofessionals.com/Hi everyone. I am really excited to announce that my membership site for independent contractors and salon owners is finally launching in two days. I’ve been working on the site for
Click The Link To View The Video https://youtu.be/Fnx5ye5cS4UJoin My Wait List https://accountants4hairstylists.com/something-new-is-coming-soonHello again and welcome to part three of Business financial literacy for the independent stylist
Click Here To Join My Wait ListHello again and welcome to part two of Business financial literacy for the independent stylists.In Part one I discussed the importance of picking a legal business structure for your business, which included th
Hello everyone and welcome to my six-part series all about business financial literacy for the independent stylistsAlthough it’s important for all business owners to be financially literate, for this series, I’ve decided to focus on the indep
Bonus
What's The Difference Between An Independent Contractor, A Booth Renter, & An Independent Stylists?
Over the last few months, several independent stylists and salon owners have asked me what the difference is between an independent stylist, a booth renter, and an independent contractor. I explain the differences in this mini cast!Click the
Now that businesses are starting to receive their PPP loans, it's time to understand what is required in order for your loan to be forgiven. You want to try to avoid any unwelcome surprises when you apply for loan forgiveness.
COVID19 has brought to the fore-front the theme of the podcast that I have been hosting for years, and that is the importance of treating your business “like a business” and not like a hobby, regardless of whether you are a full-service salon o
On Tuesday, April 14, the Small Business Administration (SBA) issued several important clarifications to its rules regarding the Paycheck Protection Program (PPP) in respect to the following:Calculation of maximum loan amount for self-employe
I've been receiving several questions from salon owners asking how they can go about writing off the rent they are not receiving from their booth renters due to COVID19.Rather than answer each person individually, I decided to record a short
What is the CARES (Coronavirus Aid Relief and Economic Security) Act? The CARES Act is the largest economic stimulus package in the history of the United States. It includes approximately two trillion dollars to help people and businesses impac
As a former hairstylist and salon owner, I had to think of creative ways to increase my bottom line.Now, as a consultant to hair professionals, I sometimes have to suggest different ideas on how to increase sales so they can become more profi
With all the misconceptions out there regarding 1099 it is time to set the record straight. This podcast was derived from a Facebook live I did in The Sovereign Stylist FB group.I answered questions that beauty industry professionals had re
This weeks podcast talks about some of the important 2020 tax due dates.Feel free to reach out to me via email if you have any basic [email protected]://accountants4hairstylists.com/
QuickBooks Online Accounting Software For Beauty ProfessionalsThis Podcast is based on a YouTube video I created where I spoke about the general options beauty industry professionals have when picking QuickBooks online for their boo
This live webinar discussed how to calculate your own quarterly estimated tax payments. Estimated taxes are due each quarter and all self-employed individuals are required to make quarterly payments unless you fall outside of the requ
Today's podcast was a live recording. Tax day is here and I'm not ready to file my taxes nor do I know how much money to send the IRS with my extension. Let's talk about it. AND Last-Minute Tax Deduction Check List For Hair Stylis
Today I’ll be taking about three painful IRS penalties and how to avoid them. They are:a. The underpayment penaltyb. The failure to pay penaltiesc. The failure to file penaltyIf you are interested in attending my
How is self-employment tax calculated? - Most W2 employees don’t realize that their employer matches the 7.65% withheld from their paychecks. As I mentioned earlier, we are all required to pay 15.3% of our gross income into Medicare a
Here are 4 common questions I get asked at tax time:I am a business owner, how should I pay myself?As a business owner, do I need to file both a business and a personal tax return?I purchase products and supplies from vendors;
In this contest, I will be giving away my Do-it-Yourself bookkeeping package. I will set up your entire bookkeeping system using QuickBooks Self-employed.Once your system is set up, I will provide you with a two-day training to show
Profit and Beauty Podcast usually discusses business matters concerning the beauty industry. But for our last show of the year, we are taking a left turn and discussing a topic that has absolutely nothing to do with business. Join
WHAT IS BUSINESS FINANCIAL LITERACYEvery business decision you make in and for your business has a financial consequence.On this podcast, I will cover the Six Components of Business Financial Literacy.Please keep in mind that there
What is the difference between a sole proprietorship and an LLC? I answer that question on this weeks episode. There are several similarities between the two as well as a few major differences.
If you have ever wondered what you need to do or what you need to know in order to start your own hair product or cosmetic line, you should definitely listen to this week's episode where I speak with Margaret Haven of Haven Research Ce
On today’s show, I am going to discuss the new law that was handed down by the California supreme court which threatens to abolish the booth rental model and how the law may also affect salons that host traveling stylists.I think it’s
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