Build to Enough

Calling all creatives and makers! This episode is just for you. You likely have a lot of questions about the products you make and sell, and how that all ties into what you can claim on your taxes each year. So, in this episode, we hope to help you understand what you should be doing with the goods you make and sell plus how to track for taxes by discussing:

Show Notes

Calling all creatives and makers! This episode is just for you. You likely have a lot of questions about the products you make and sell, and how that all ties into what you can claim on your taxes each year. 

So, in this episode, we hope to help you understand what you should be doing with the goods you make and sell plus how to track for taxes by discussing:
  • The definitions of inventory and cost of goods sold.
  • Best practices for organizing and tracking inventory.
  • Why you have to wait to claim cost of goods sold as a deduction.

Need more? Our team has put together a free resource library to save you valuable time and energy in your business! 
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If you're ready to outsource your Accounting and/or Tax prep needs go to www.littlefishaccounting.com

Find us online:
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www.krht.co

Creators and Guests

Host
Keila Hill-Trawick, CPA, MBA
Helping entrepreneurs create and maintain the business they want | Building to Enough | LinkedIn Top Voice | Intuit Partner Council | Accounting Firm Owner

What is Build to Enough ?

Little Fish Accounting presents Build To Enough. The pursuit of endless growth and scaling can leave entrepreneurs feeling burned out and unfulfilled. This podcast explores how to build sustainable, purpose-driven businesses that align with your lifestyle and values, rather than defined by rapid expansion alone. On this show, we’ll reframe definitions of success, provide strategies for structuring companies around desired lifestyles, and share stories of entrepreneurs finding deeper fulfillment by focusing on “enough.” Join us as we discuss moving off the hamster wheel and building businesses with balance and meaning.