Taxes and Accounting For Side Hustlers | Shannon K. Weinstein, CPA, Fitnancial Solutions
Yo Quiero Dinero
Jannese Torres
4.8 • 616 Ratings
🗓️ 7 November 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
Shannon K. Weinstein is a CPA, business mentor & coach who helps entrepreneurs keep what they earn and scale their business with confidence. Her practice, Fitnancial Solutions, provides accounting, tax and coaching services to growing businesses with a focus on online services. Her goal is to disrupt the accounting profession, because accountants aren't typically thought of as much fun. Shannon aims to create an enjoyable experience for clients and help them see that their money can work for them, not the other way around. Shannon has been featured on NBC, CBS, Yahoo! Finance & Star Tribune Business.
Check out her podcast, Keep What You Earn, for lots of free business and accounting tips.
Learn more about Shannon's virtual accounting firm, Fitnancial Solutions, on Instagram, Facebook, YouTube & LinkedIn.
Get Shannon's financial toolkit for early stage entrepreneurs at fitnancialsolutions.com
For full episode show notes, click here.
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Until next time, stay empowered, stay inspired & #staypoderosa ✨
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Transcript
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| 0:00.0 | They'll say, well, I'm not really a legit business, but I make, you know, money doing this, this, this, this and this. I have like five side hustles, but I'm not like a legit business. I'm like, what do you think a legit business is? Because they're making money. And I think that we are under the assumption that a legit business must be a certain thing, whether it's having employees or making a certain amount of revenue or having |
| 0:21.2 | an office or anything. And the truth is, you're in business the moment you decide you want to be. |
| 0:26.5 | So if you say, I want to go start, for example, start a blog and you start writing the blog |
| 0:31.5 | with the intent to monetize it and you start reaching out to potential advertisers or you start |
| 0:36.6 | pushing ads towards it or something, |
| 0:39.0 | you're doing that with a business intention. |
| 0:41.3 | And that is technically when the business starts in theory. |
| 0:44.8 | And it's very subjective, but people think that the birth of the business is when the LLC is |
| 0:50.2 | formed or the corporation is formed. |
| 0:51.6 | And that's just not the case because you can be operating as a sole proprietor long before that. |
| 0:58.4 | You're listening to Yo Quiero Dinero, a personal finance podcast for the modern Latina. |
| 1:04.4 | I'm your host, Janice Torres, award-winning Latina personal finance expert. |
| 1:09.1 | I didn't always have my financial shit together, |
| 1:11.6 | but when I started looking for POC-friendly personal finance podcasts, I couldn't find any. |
| 1:16.7 | And so Yo Quiero Dino was born. On this show, I'll show you how to make |
| 1:20.3 | Dineiro, how to keep your Dinero, and most importantly, how to make it grow. Each week, |
| 1:25.5 | I'm connecting you with the most brilliant minds in the world of |
| 1:28.2 | money and business. So you can learn about investing, entrepreneurship, and building wealth. |
| 1:33.3 | The best part, I'm dishing up all this knowledge with a sassy side of sason. So if you're |
| 1:39.0 | ready to be Poderosa with your dinero, you've come to the right place. Let's dive in. |
| 1:46.1 | Hello, my gente. Welcome back to another episode of Yo Quiero Dino. You're listening to |
| 1:50.7 | episode 113, taxes and accounting for side hustlers with CPA, Shannon Kay Weinstein. She's not |
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