All S-corp owners are required to pay themselves a reasonable salary. This is because the IRS is wise to those who try to avoid payroll taxes by taking all their gross receipts as distributions instead. People who do this run the risk of having some of their distributions recategorized as salary. All of us have experienced this crippling force—some more than others. Worry, like fear, is a mental plague that has survived the test of time.
Initial Set Up and Clean Up Services
Between running the day-to-day operations, managing employees, and keeping up with paperwork, it’s no wonder that so many small businesses fail to keep track of their finances. Pricing your goods or services is one of the things I see business owners get hung up on a TON. It stops them in their tracks before they can really even get started! Use this calculator to have a starting point for your pricing, so you can feel confident every time that your products are priced accordingly. Our partner, Conscious Accounting, offers more than just number-crunching. They take the time to understand not only your finances but also the emotional and psychological blocks that might be hindering your financial clarity.
We build out a custom plan for you and your growing business based on your unique needs and goals.
We help businesses grow by becoming your go-to advisor, providing meaningful reminders & check-ins, and offering proactive tax planning services. We’ve designed our services to support a wide range of businesses, from single-member LLCs needing basic bookkeeping to growing enterprises requiring sophisticated financial reporting. Our commitment is to partner with you, providing tailored financial solutions that genuinely fit your unique needs.
I already have an accountant I love, is this course for me?
He knew my math skills and strong desire to categorize EVERYTHING would make me a great accountant. I knew I loved working with numbers, but I also really loved helping people grow, and at the time, I didn’t believe that accounting could be used as a vehicle to help people. We work with business owners who value having a hands-on relationship with their CPA. Our clients count on us for proactive advice, planning, and strategy throughout the entire year. Our Co-CFOs offer years of experience in cash flow, capital, budgeting, and more, delivering essential financial strategies without the full-time commitment.
Expert Accounting Services for Your Business
I became a project manager for a gourmet market and was put in charge of sourcing local handmade goods to sell in our retail gift shop. I began my search at the Indie Flea and passed out my business cards to the local makers. Their creativity and courage to start a business inspired me. To combat fraud, invoice approvals are never conducted via email.
- It’s not just about managing money; it’s about finding someone you can trust with your financial wellbeing.
- For this we need to evaluate who and what is deserving of our energy.Life is a manifestation of where we invest our energy.
- All of us have experienced this crippling force—some more than others.
- In the depths of our mind lies a powerful realm—the superconscious mind.
- At Conscious Accounting, we believe in meeting you where you’re at.
Accountant, MBA.
Unlock your financial potential, allowing the energy of money to flow into your life. Working with a conscious, ethical accountant means no longer feeling in the dark about your finances. It’s not just about managing money; it’s about finding someone you can trust with your financial wellbeing. For smart, creative women excelling in their fields—whether as entrepreneurs, executives, or nurturing mothers—the topic of money and taxes can stir a mix of confusion and anxiety.
S corporations are a popular conscious accounting type of entity structure for good reason. S-corps are pass-through entities which means federal tax is paid on profits at the individual rather than the corporate level. One of the most appealing aspects of owning an S-corp is the ability to take distributions that aren’t subject to payroll tax. Payroll taxes are 15.3% and cover Social Security as well as Medicare.
In a world where high achievers are often praised for their relentless pursuit of success, the realms of personal and business finances can sometimes feel like a murky backwater. In the depths of our mind lies a powerful realm—the superconscious mind. This part of us transcends the limits of daily thinking. It’s the source of intuition, the wellspring of creativity, and the space where clarity radiates uninterrupted. The superconscious mind is accessible to everyone—it’s … Hours of on-demand content that will teach you all the ins and outs around business structure, bookkeeping, and taxes.
At Conscious Accounting, we believe managing your finances should be stress-free. We’re a remote accounting firm that guides business owners like you by matching you with a professional who has decades of experience in your specific industry. We’re passionate about helping small businesses thrive because we believe they’re the heart of our communities. Sign Up for my newsletter and receive insights, teachings and spiritual tools for living a life of purpose and joy. I encouraged the 3,000 people from the accounting industry I spoke to across both events to treat energy the same way they treated money. Throughout my 15+ year career, I have worked in both the private and public accounting sectors across various industries.
- Provides oversight for the onsite bookkeeper / admin for problem solving, advanced learning & training, and development.
- I am dedicated to helping business owners not only understand their financials but also grasp the key metrics that inform their decisions.
- You’ll then have to pay payroll taxes on whatever amount you choose for your salary.
- For smart, creative women excelling in their fields—whether as entrepreneurs, executives, or nurturing mothers—the topic of money and taxes can stir a mix of confusion and anxiety.
- I encouraged the 3,000 people from the accounting industry I spoke to across both events to treat energy the same way they treated money.
It has robbed people of their peace of mind, ransacked them of their energy, and made itself an unwanted squatter in the… Make your payment today, and you don’t even have to decide if you’re in for good! Take a full 60 days to explore the materials and experience the vibe and THEN…
I will come into your space and create a functioning administrative / accounting office and system for you to maintain. I provide most all of the supplies needed to organize your space to work with your operation and the follow up support to maintain it. Beyond my professional life, I am a lover of nature, beauty, and the art of creating something out of something else. This philosophy of transformation and appreciation for the natural world also influences my approach to business, as I believe in fostering growth and finding innovative solutions. We work with creatives, entrepreneurs, makers, movers and shakers who have great ideas and know how to hustle, but need some support with the financial side of things.
It’s meant to be a self-paced program that you can refer back to again and again. We have clients who get through all the materials in as little as a few days! But many take longer so they can implement as they go.
Define Your Relationship With Your Phone If your smartphone feels like it’s taking over your life, it’s likely because you haven’t clearly defined your relationship with it. My technology, my smartphone, is a tool for me, just like a shovel. You’ll be able to do it right the first time and be set up for success. At Conscious Accounting, we believe in meeting you where you’re at. We have developed two products that give you the experience of working with a CPA, but at your own pace.
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