It is no secret that I love myself a little DIY project. To me, every project is an opportunity to learn something new, take ownership of the process and feel pride in the finished product. Taking the time to be creative exercises the innovative muscles in my brain, creating a creativity snowball effect. It also gives a much needed break to the ones that deal with email correspondence and spreadsheets.
Every January I start a new file to store financial papers I collect throughout the year for business expenses. Receipts, contracts, check stubs and 1099’s. A couple of times a week, I gather these papers together from my desk, handbag and kitchen counter and stash them away for tax time. So it felt all too appropriate to do a little DIY project and customize this stylish envelope with the cheeky phrase ” I have receipts.”
My husband rolls his eyes as I collect each and every receipt throughout the year and REFUSE to part with them until after tax season.
“You and those receipts” he says. But you know what?
When the tax man comes, I’m like…
Yes. I HAVE RECEIPTS.
Just like Kim told Taylor. I have receipts.
You’ll want yours too! If you have a side business or are self employed like me, receipts are LIFE when April rolls around. Some (super type A) people diligently enter them into a spreadsheet every day or week. I don’t have it in me to be like them. But at least this way when tax season comes, I have receipts and I’m ready to go to work on my big annual DIY project, tax day.
That’s correct, I just referred to my taxes as a DIY project. I have done my own taxes every year of my adult life from back when I was a W-2 employee to these last few years being self-employed. With a little bit of help from Turbo Tax I have felt empowered to tackle that Schedule C. Ready to find credits for healthcare and childcare that I might have missed otherwise and then e-file with a couple of clicks. BOOM.
No scheduling an appointment months in advance to sit in someone’s office and pray I have everything I need. No waiting in line at the post office. Nope.
Instead, I have the flexibility to start my taxes while the kids are at school, make and eat dinner as a family and then finish and submit my returns after putting the kids to bed. After all, in this day and age we need jobs AND services that provide flexibility for modern women and modern day mothers, right?
Plus, knowledge is power. I don’t want someone to take all of my receipts and spit out a number that I owe or am owed. Thanks, but no thanks! I want the ability to understand how my spending or earning in one category affects my taxes and put that knowledge to use the next year.
In a few weeks, I’m heading to the We All Grow summit in Long Beach to engage in some authentic conversations with fellow small business owners and forward thinking brands. If you’re there and you see me, please come say hi! I’d love to meet you. AND if you tell me you have receipts I *might* just have an envelope like this to give you for your own receipts because this is a place for us to ALL grow! See you in Long Beach. #TurboTaxMeLlevaContest #WeAllGrow