127. Tax Talk

Podcast

Apr 14

On this week's episode of Hashtag Managed, we are talking all things taxes in celebration of tax season officially being over! This episode will help you get prepared for next tax season or help you get started if you are just forming your social media management business. Here's what's on our weekly reading, eating, playing, obessing over, and treating ourselves to list:

Weekly R.E.P.O.R.T.'s

Maddie -

R - The Savvy Edit's April Book Club read: Here One Moment by Liane Moriarty
E - Stuffed dates
P - Pulse on Netflix
O - Lake & Salt 11 11 Azure perfume
R - Allocating 30% of your client payments for taxes
T - facial
Jess -
R - The High 5 Habit
E - protein pancakes
P - With love, Meghan
O - journaling + asking chatgpt for journal prompts based off what it knows about me already
R - Implement the "Let them theory" in your life
T - homemade blizzards

After the R.E.P.O.R.T.s, we dive into our weekly watercooler and then our first special segment: Is It a Write-Off? Here, we discuss what are and aren't common write-offs for SMMs that you should be looking out for in your business.

In Part Two, we are myth-busting all the FAQs SMMs have around taxes. We are discussing:

Why taxes feel overwhelming and how to shift your mindset around it
The biggest mistakes we made early on (and how we fixed them)
When to hire a pro (hint: sooner than you think)
Bookkeeping tips: what to track, what to save, and how we do it (mention tools like QuickBooks, Wave, Notion, spreadsheets, etc.)
Quarterly taxes: when, why, and how to prep
Business structure basics (LLC vs. Sole Prop vs. S Corp, high level)

Listen now to talk tax with us!

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