Freebird Financial

12/14/2021

Hey you little ho, ho, ho...

If you've been ignoring your biz finances, this is your sign to get it together. We've partnered up with Santa to offer you a win/win.

Win #1 - You buy the Biz Profit Bundle (only $27) and realize how incredibly easy it is to keep tabs on your biz finances. Which is a critical step for tax planning aka paying less taxes and building your wealth.

Win #2 - For all bundles purchased between now and 12/28/21, we'll donate the net proceeds to charity.

PS I hope you all are considering making a donation before year end to your fav qualified charity. Plus, if you don't itemize (meaning you take the standard deduction), you can claim a $300 ($600 MFJ) deduction for cash donations made by 12/31/21.

Drop your favorite charitable organization below!

Grab the bundle > https://www.freebirdfinancial.us/bizprofitbundle

09/01/2020

My face when I realize another tax deadline is coming.

Tax Returns with an original due date of 03/15/20 that were extended are due 09/15/20.

This includes:
✔ S-Corporations
✔ Partnerships

Tax returns with an original due date of 04/15/20, pushed to 06/15/20 then extended (woah!) are due 10/15/20.

This includes:
✔ Individuals
✔Sole Props
✔Single-Member LLCs

Reminder - An extension is for time to file, not time to pay. So if you haven't made any payments, get on it! Penalties and interest are accruing. Also, Q3 Estimates are due 09/15/20.

FYI - If your place of business or residence has been affected by the CA wildfires you may qualify for extra time to file. Check the IRS website for more information.

👉 If you're finances are still a hot mess express, then head on over to the website and snag the Biz Profit Bundle. It'll get ya organized in no time.

08/16/2020

Paying yourself back.

Did you know there's a right and a wrong way to reimburse yourself or your employees from your biz?

❌ If you do it wrong it could result in lost deductions and unnecessary taxable income. Ouch!

✅ For employees and shareholder/employees you must submit proper documentation that details your request for reimbursement for things like business mileage in a personal vehicle or business travel expenses.

❌ Any business expenses you incur as an employee that are not reimbursed are no longer deductible on your personal federal return since the Tax Cuts and Jobs Act went into effect. So make sure your employer has a plan to properly pay you back!

✅ As a corporate owner, make sure you are keeping a mileage log and submitting it regularly for reimbursement.

Want more details? Head over to the blog for a collection of tax and money saving tips.

07/15/2020

It's finally here!

Tax day, y'all.

Pay your bill.

Pay your estimates.

File an extension. (It's easy, see blog post.)

Whatever you need to do to stay on top of things and avoid unnecessary penalties and interest.

For info on how to do all of the above from the comfort of wherever you are, check out the link in bio.

Get to it!

05/16/2020

Ghosted. Stiffed. Screwed over. Played.

I've heard dozens of stories of unpaid invoices sitting in unchecked inboxes of businesses that may or may not come out the other side.

Clients are ghosting mid project leaving business owners with a half finished product and unbilled hours. Promises that payment will come as 'soon as we can' pour out like Friday night wine.

Rona is definetly the cause of many of these scenarios but this is nothing new. Now is the time to reasses your payment terms and processes.

Think about it. You hire a business coach, when do you pay? Up front 💸

Take your car to get fixed? No cash, no car 🙄

If getting paid up front makes you uncomfortable then:

• Make sure you have control of the deliverables. Ownership of assets transfers with payment.

• Have a clear services contract detailing exactly what you AND the client are handling, what's not included, date of delivery and more.

• Take a deposit. You can provide free value on your discovery call, but a signed contract and cash in hand starts the project.

While this all may sound a little sterile and cold, it's smart business that can be streamlined into a pretty CRM like honeybook or dubsado. A beautiful proposal followed up by a contract and invoice on auto pilot.

Guess what? That type of efficiency is appealing to your client. It means you've done this before, you value their time and you don't waste time on paper pushing.

You spend time delivering your amazing coaching, course or photography skills.

What business processes do you need to tidy up a little in your biz?

05/12/2020

If you are wondering if you should ever invest again (the answer is yes and maybe even RIGHT NOW) then join Alissa for her training this week. It's FREE!

Are you ready to discover financial opportunities in an economic downturn?

Whether you are curious about how to replace or increase your income, relief opportunities for small business owners, or the best places to be saving your money right now, join me to learn exactly what steps to take to set yourself up for working towards financial success during the Coronavirus.

FREE LIVE TRAINING: Thursday, May 14 at 10am PST.

Hit the link in the first comment to register!

05/07/2020

Autopay on auto pilot.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I’m a huge fan of keeping things simple.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
💳 Most of my subscriptions are on autopay.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
💰 I pay via my credit card to earn cash back.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
💸 I pay it off every month to avoid interest.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
🤦‍♀️ I recently had a charge on my card for a subscription I forgot about!
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I had paid for an annual subscription of a software I was hoping to utilize more.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
This social media scheduling software is probably worth it’s weight in gold if I actually used the paid features. Honestly, the free version works just fine.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
But I didn’t cancel it and boom, I was hit with an $84 charge to my account. Ouch!
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I noticed it ASAP and reached out to support and they credited my account. Yes!!
⠀⠀⠀⠀⠀⠀⠀⠀⠀
What’s the moral of this long winded story?
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Check your subscriptions. Go thru your books and decide:
• Need to have
• Nice to have
• Not necessary
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Now is the perfect time to dial in what your business needs to survive and thrive.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Need help getting your cash flow under control? Join us for Business Bootcamp starting on Monday May 11th!
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Take control of your biz finances and be The Badass CEO your business needs!

05/01/2020

I know taxes are low priority on the 'rona lockdown list.

So I'm offering a 4 week biz bootcamp to get your biz finances packaged in a pretty little bow and ready for tax prep.

I'll be with you every step of the way, provide a plug and play spreadsheet, Q&As, group calls and more.

PLUS, if at the end of the program you hire Freebird to file your taxes, we'll take $100 OFF your tax prep fees. Woooo!!

04/11/2020

Cash is king, y'all.

If your business has taken a hit (like most of the world) then there is likely some form of assistance available to you.

Some free-ish, some low interest, free loans of your own money, some taxable income, tax deferrals and credits plus more.

Join myself and Dave McCuaig of on Tuesday at 1pm to discuss YOUR options.

Be informed. Make smart choices.

See you in the zoom room. *link in bio*

03/16/2020

Running away is not an option. We must fight for what is ours. For what you've built.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
Owning a business is hard AF and especially scary during these unprecedented times.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
I'm going to keep it short and sweet because business returns are still due today.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
The Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Link in bio.

03/11/2020

Never did I ever...the PG edition.

Think I'd become an accountant.

Believe I would LOVE doing taxes.

Plan to own a tax and consulting firm.

Imagine I would mentor other female entrepreneurs.

Dream of hosting yoga events centered around money.

Understand how amazing my life could be if I just followed my passions.

Don't dip your toes in the water. Go for a swim.

What's one thing you want to achieve in the next 90 days?