MSD

Jewelry. Art. Food. Dogs. Home. Chicago.
I think Cosmos is starting to influence my jewelry making.   (at MSD Studio)

I think Cosmos is starting to influence my jewelry making. (at MSD Studio)

Studs getting ready to make their way to stores. #chicago #shoplocal #handmade #jewelry (at MSD Studio)

Studs getting ready to make their way to stores. #chicago #shoplocal #handmade #jewelry (at MSD Studio)

Well, I skipped my post last week because I’ve been sick.  And I definitely didn’t learn anything interesting this week, although I did finally finish watching Twin Peaks.  I did manage to file my taxes though.  I didn’t wait until the last minute because I was avoiding sorting through paperwork or dreading finding out how much I owed.  I waited because I’ve known exactly how much I owed since the end of last year and nothing was going to change that.  And since a few people have asked, I thought I would share some resources that might help you prepare for next year’s taxes better.  I’m definitely not an expert on this topic, but I was the bookkeeper at my previous job, so making sure I stay on top of my accounting is important to me.  
1.  I use Outright Online Bookkeeping (now called, GoDaddy Bookkeeping, but I still like calling it Outright).  All of my income and expenses get automatically imported into the database so I can keep track of my profits and estimated taxes.  There are also lots of fun reports.  I really like reports.  
Other options:
2.  Quickbooks is great, but you kind of need to know what you’re doing and it’s more expensive.  I’d like to switch to it someday.
-Other online based bookkeeping options are Wave Accounting and Freshbooks.  I’ve used both, but just prefer Outright.
3.  Before I did my taxes, I printed a Schedule C report from Outright, which amazingly matches up exactly to all of the info you need to enter when filing your taxes.  I did not sort through any paperwork ahead of time.  I’m terrible at filing, so using this system of bookkeeping is the only way that will work for me.
4.  We used Free Tax USA for filing this year, but I’ve also used Turbo Tax which I liked a lot.

5.  Here’s a great link about taxes from the Freelancers Union: https://www.freelancersunion.org/blog/2014/04/01/ultimate-tax-guide-freelancers-roundup/
So, I shared with you my basic process of keeping my accounting organized.  Feel free to share what works with you!  Or if you have any other questions, I’ll try my best to answer.  

#smallbusiness #indiebusiness #taxes #freelance #fulltimeartist #business #tips #godaddybookkeeping #outright #accounting #bookkeeping #creative

Well, I skipped my post last week because I’ve been sick.  And I definitely didn’t learn anything interesting this week, although I did finally finish watching Twin Peaks.  I did manage to file my taxes though.  I didn’t wait until the last minute because I was avoiding sorting through paperwork or dreading finding out how much I owed.  I waited because I’ve known exactly how much I owed since the end of last year and nothing was going to change that.  And since a few people have asked, I thought I would share some resources that might help you prepare for next year’s taxes better.  I’m definitely not an expert on this topic, but I was the bookkeeper at my previous job, so making sure I stay on top of my accounting is important to me.  

1.  I use Outright Online Bookkeeping (now called, GoDaddy Bookkeeping, but I still like calling it Outright).  All of my income and expenses get automatically imported into the database so I can keep track of my profits and estimated taxes.  There are also lots of fun reports.  I really like reports.  

Other options:

2.  Quickbooks is great, but you kind of need to know what you’re doing and it’s more expensive.  I’d like to switch to it someday.

-Other online based bookkeeping options are Wave Accounting and Freshbooks.  I’ve used both, but just prefer Outright.

3.  Before I did my taxes, I printed a Schedule C report from Outright, which amazingly matches up exactly to all of the info you need to enter when filing your taxes.  I did not sort through any paperwork ahead of time.  I’m terrible at filing, so using this system of bookkeeping is the only way that will work for me.

4.  We used Free Tax USA for filing this year, but I’ve also used Turbo Tax which I liked a lot.

5.  Here’s a great link about taxes from the Freelancers Union: https://www.freelancersunion.org/blog/2014/04/01/ultimate-tax-guide-freelancers-roundup/

So, I shared with you my basic process of keeping my accounting organized.  Feel free to share what works with you!  Or if you have any other questions, I’ll try my best to answer.  

#smallbusiness #indiebusiness #taxes #freelance #fulltimeartist #business #tips #godaddybookkeeping #outright #accounting #bookkeeping #creative

I stopped by @alapash earlier today and picked up one of the salt lamps that I’ve been pining over.

I stopped by @alapash earlier today and picked up one of the salt lamps that I’ve been pining over.

So excited to see @milkhandmade get featured in the Redeye today!  Love the close up shots of @attalied’s bracelet and my letter charm necklace!

So excited to see @milkhandmade get featured in the Redeye today! Love the close up shots of @attalied’s bracelet and my letter charm necklace!

Smaller version of the titanium coated quartz and half moon necklaces.  They’ll be heading out to stores next week unless you want one first.  $48 + $3 shipping.  Email me at michellestarbuckdesigns@gmail.com if you’re interested. (at MSD Studio)

Smaller version of the titanium coated quartz and half moon necklaces. They’ll be heading out to stores next week unless you want one first. $48 + $3 shipping. Email me at michellestarbuckdesigns@gmail.com if you’re interested. (at MSD Studio)

Shiny studs, fresh out of the tumbler. (at MSD Studio)

Shiny studs, fresh out of the tumbler. (at MSD Studio)

First batch of necklaces with the new titanium coated quartz points.  $56 each + $3 shipping if you want one before they leave the studio.  Email me at michellestarbuckdesigns@gmail.com or leave your email in the comments. (at MSD Studio)

First batch of necklaces with the new titanium coated quartz points. $56 each + $3 shipping if you want one before they leave the studio. Email me at michellestarbuckdesigns@gmail.com or leave your email in the comments. (at MSD Studio)

Can’t wait to get these to the studio today.

Can’t wait to get these to the studio today.

Stud earring mania in the studio today. (at MSD Studio)

Stud earring mania in the studio today. (at MSD Studio)