Next Level Virtual Assistant Conversations

Ep. 19 Do I Need A 1099? The Virtual Assistant Contractor's Quick Guide To Income Reporting In 2024

12 min · 12. mar. 2024
episode Ep. 19 Do I Need A 1099? The Virtual Assistant Contractor's Quick Guide To Income Reporting In 2024 cover

Beskrivelse

In this quick episode we’ll go through the updated tax strategies we’ve learned surrounding income reporting as a contractor. If tax convos aren’t your thing, this is the episode for you because we’ll keep it clean and simple with informative links here in the show notes to help you quickly and easily understand if you’re required to complete a 1099 with your clients as a contractor. Episode Transcript [https://www.dropbox.com/scl/fi/wln06gdv1hxzlq0l9939c/Transcript-Ep.-19-Do-I-Need-A-1099_-The-Virtual-Assistant_Contractor-s-Quick-Guide-To-Income-Reporting-In-2024.docx?rlkey=c9flh2idbuihnmq2xawpyinpk&dl=0] Resources mentioned: * Investopedia - 10 Things About 1099s - https://www.investopedia.com/financial-edge/0110/10-things-you-should-know-about-1099s.aspx#:~:text=The%201099%20form%20is%20used,income%20during%20the%20tax%20year. [https://www.investopedia.com/financial-edge/0110/10-things-you-should-know-about-1099s.aspx#:~:text=The%201099%20form%20is%20used,income%20during%20the%20tax%20year.] * IRS.gov - What is Taxable and Nontaxable Income? - https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income [https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income] * Turbotax - What Is an IRS 1099 Form? - https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe [https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe] Ep. 9 - Make Tax Season Super Simple with This Monthly Process * Apple Podcast: https://podcasts.apple.com/us/podcast/next-level-virtual-assistant-conversations/id1714461908?i=1000639059498 [https://podcasts.apple.com/us/podcast/next-level-virtual-assistant-conversations/id1714461908?i=1000639059498] * Spotify: https://open.spotify.com/episode/76iSVv6VJ9Vv7QfNODijWa?si=d-vDGHitTauVq5c37vwqjg [https://open.spotify.com/episode/76iSVv6VJ9Vv7QfNODijWa?si=d-vDGHitTauVq5c37vwqjg] Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

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episode Ep. 20 "How do I stop being so impatient?" A Chat on Intentionally Growing Patience cover

Ep. 20 "How do I stop being so impatient?" A Chat on Intentionally Growing Patience

“When I was a kid I learned that if you pray for patience you’ll be delivered lessons to help you learn it. Mama didn’t raise no fool. So I skipped that and at 40 I still haven’t learned this lesson. But I’ve been working on it lately and here’s what’s been coming up.” - Lorelei Join us as we chat candidly on all things patience, frustration, and navigating it with grace and gratitude. We’ll chat bout patience in business, relationships, parenting, and more! Did this inspire something in you? Head over to IG HERE [https://www.instagram.com/yourvalab/] to share your thoughts! Episode Transcript [https://www.dropbox.com/scl/fi/n3bceig91rcdo2nznvtdu/Transcript-Ep.-20-How-do-I-stop-being-so-impatient__-A-Chat-on-Intentionally-Gowing-Patience.docx?rlkey=lzuuchr20hzjk0xaz9saa1u36&dl=0] Resources mentioned in the show: * The Child Whisperer: https://www.amazon.com/dp/0984402136/ref=cm_sw_r_as_gl_api_gl_i_TRR4SA83ETB8GJ0T54XQ?linkCode=ml2&tag=yourvalab-20 [https://www.amazon.com/dp/0984402136/ref=cm_sw_r_as_gl_api_gl_i_TRR4SA83ETB8GJ0T54XQ?linkCode=ml2&tag=yourvalab-20] * 5 Love Languages Book: https://amzn.to/3T410no [https://amzn.to/3T410no] * Learn about Human Design: https://www.myhumandesign.com [https://www.myhumandesign.com/] As an Amazon Associate, we earn from qualifying purchases. Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

19. mar. 202436 min
episode Ep. 19 Do I Need A 1099? The Virtual Assistant Contractor's Quick Guide To Income Reporting In 2024 cover

Ep. 19 Do I Need A 1099? The Virtual Assistant Contractor's Quick Guide To Income Reporting In 2024

In this quick episode we’ll go through the updated tax strategies we’ve learned surrounding income reporting as a contractor. If tax convos aren’t your thing, this is the episode for you because we’ll keep it clean and simple with informative links here in the show notes to help you quickly and easily understand if you’re required to complete a 1099 with your clients as a contractor. Episode Transcript [https://www.dropbox.com/scl/fi/wln06gdv1hxzlq0l9939c/Transcript-Ep.-19-Do-I-Need-A-1099_-The-Virtual-Assistant_Contractor-s-Quick-Guide-To-Income-Reporting-In-2024.docx?rlkey=c9flh2idbuihnmq2xawpyinpk&dl=0] Resources mentioned: * Investopedia - 10 Things About 1099s - https://www.investopedia.com/financial-edge/0110/10-things-you-should-know-about-1099s.aspx#:~:text=The%201099%20form%20is%20used,income%20during%20the%20tax%20year. [https://www.investopedia.com/financial-edge/0110/10-things-you-should-know-about-1099s.aspx#:~:text=The%201099%20form%20is%20used,income%20during%20the%20tax%20year.] * IRS.gov - What is Taxable and Nontaxable Income? - https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income [https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income] * Turbotax - What Is an IRS 1099 Form? - https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe [https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe] Ep. 9 - Make Tax Season Super Simple with This Monthly Process * Apple Podcast: https://podcasts.apple.com/us/podcast/next-level-virtual-assistant-conversations/id1714461908?i=1000639059498 [https://podcasts.apple.com/us/podcast/next-level-virtual-assistant-conversations/id1714461908?i=1000639059498] * Spotify: https://open.spotify.com/episode/76iSVv6VJ9Vv7QfNODijWa?si=d-vDGHitTauVq5c37vwqjg [https://open.spotify.com/episode/76iSVv6VJ9Vv7QfNODijWa?si=d-vDGHitTauVq5c37vwqjg] Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

12. mar. 202412 min
episode Ep. 18 Creating Trust & Comfort in the Entrepreneur.VA Working Relationship Pt 2- The Virtual Assistant Perspective cover

Ep. 18 Creating Trust & Comfort in the Entrepreneur.VA Working Relationship Pt 2- The Virtual Assistant Perspective

Join us as we chat about building trust and comfort in your working relationship with clients. We give our top tips for how to make new or existing business relationships feel like a safe space for both sides. Resources mentioned in the show: Next Level VA [https://yourvalab.thrivecart.com/the-next-level-va/] Project Management tools: Trello [https://trello.com/], Asana [https://asana.com/], Slack [https://slack.com/], Monday [https://monday.com/], Airtable [https://www.airtable.com/] Our favorite invoicing platforms: PayPal [https://www.paypal.com/], Waveapps.com [http://waveapps.com/] Join the conversation in our free Facebook community HERE [https://www.facebook.com/groups/yvalcommunity]. Episode Transcript [https://www.dropbox.com/scl/fi/06cmsels3e65suuauy9kv/Transcript-Ep.-18-Creating-Trust-Comfort-in-the-Entrepreneur_VA-Working-Relationship-Pt-2_-The-Virtual-Assistant-Perspective.docx?rlkey=2yprgrfmygi7axqym2859rlgi&dl=0] Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

5. mar. 202419 min
episode Ep. 17 Creating Trust & Comfort in the Entrepreneur.VA Working Relationship Pt 1- The Entrepreneur Perspective cover

Ep. 17 Creating Trust & Comfort in the Entrepreneur.VA Working Relationship Pt 1- The Entrepreneur Perspective

Join us as we chat about building trust and comfort in your working relationship with your Virtual Assistant. We give our top tips for how to make new or existing business relationships feel like a safe space for both sides. Resources mentioned in the show: VA Matchmaking [https://yourvalab.thrivecart.com/va-matchmaking-service/] DM us on Instagram HERE [https://www.instagram.com/yourvalab/] Episode Transcript [https://www.dropbox.com/scl/fi/jxe9tvm23es4otbsyg57h/Transcript-Ep.-16-Creating-Trust-Comfort-in-the-Entrepreneur_VA-Working-Relationship-Pt-1_-The-Entrepreneur-Perspective.docx?rlkey=ox7713ojt073xvkdlk6cnrgh6&dl=0] Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

27. feb. 202418 min
episode Ep. 16 Google and Yahoo Email Marketing Requirement Changes Q1 2024 - Before You Send Your Next Email - Listen to This cover

Ep. 16 Google and Yahoo Email Marketing Requirement Changes Q1 2024 - Before You Send Your Next Email - Listen to This

With the changes to Google and Yahoo’s email marketing regulations in Q1 of 2024, we thought we would go through the steps and share how to implement the changes for you and/or your clients. Having a custom domain is the best way to ensure your emails are being delivered to the inboxes of your community. So let’s dive in! How do you know if this info relates to you: You use an email marketing platform such as Flodesk, ActiveCampaign, MailChimp, Convertkit, etcetera to communicate with your audience AND are at risk of sending 5,000+ emails in any given 24hour period. -Think you don’t? Growing your business, and even with a small list if a few emails go out, it’s easy to meet this threshold. WHEN: They are non-specific. They are saying February but full changes across all accounts should be in early April. Our suggestion is to act now HOW: 4 things you need: 1. Email Marketing Platform * Flodesk [https://flodesk.com/c/D2P712] * ActiveCampaign [https://www.activecampaign.com/] * Mailchimp [https://mailchimp.com/] * ConvertKit [https://convertkit.com/] 2. Custom Domain (you don’t need to have a website to have a domain) * GoDaddy [https://www.godaddy.com/] * NameCheap [https://www.namecheap.com/] * Bluehost [https://www.bluehost.com/] 3. Custom Domain Email * Gsuite [https://workspace.google.com/lp/business/?utm_source=google&utm_medium=cpc&utm_campaign=na-US-all-en-dr-bkws-all-all-trial-e-dr-1707446&utm_content=text-ad-none-any-DEV_c-CRE_658969970601-ADGP_Hybrid%20%7C%20BKWS%20-%20EXA%20%7C%20Txt-G%20Suite-Core-KWID_43700076441559552-kwd-7564271891&utm_term=KW_g%20suite-ST_g%20suite&gad_source=1&gclid=Cj0KCQiAoKeuBhCoARIsAB4WxtcKWzGOd_7Yg5EOd6CSYJ-hN7Mqcqo_7YlQ91_OAgUXHU_NCyJ6v_YaAvZfEALw_wcB&gclsrc=aw.ds] * Through your domain provider * Outlook/microsoft 365 4. A place for your audience to unsubscribe with one click (most providers have this built in) + bonus if you give them a way to manage preferences If you need more: Untilize these platforms for even more info * Facebook groups for your email marketing platform * YouTube * Your email marketing website FAQ * Podcasts (heyyyy you’re here!) It’s so much easier that you realize! Resources Mentioned: * Email Marketing providers: We love Flodesk [https://flodesk.com/c/D2P712], but ActiveCampaign [https://www.activecampaign.com/], Mailchimp [https://mailchimp.com/], and ConvertKit [https://convertkit.com/] are also great. * Domain providers: GoDaddy [https://www.godaddy.com/], NameCheap [https://www.namecheap.com/], or BlueHost [https://www.bluehost.com/] (All three of these have great customer service) * Additionally, to get a GSuite [https://workspace.google.com/lp/business/?utm_source=google&utm_medium=cpc&utm_campaign=na-US-all-en-dr-bkws-all-all-trial-e-dr-1707446&utm_content=text-ad-none-any-DEV_c-CRE_658969970601-ADGP_Hybrid%20%7C%20BKWS%20-%20EXA%20%7C%20Txt-G%20Suite-Core-KWID_43700076441559552-kwd-7564271891&utm_term=KW_g%20suite-ST_g%20suite&gad_source=1&gclid=Cj0KCQiAoKeuBhCoARIsAB4WxtcKWzGOd_7Yg5EOd6CSYJ-hN7Mqcqo_7YlQ91_OAgUXHU_NCyJ6v_YaAvZfEALw_wcB&gclsrc=aw.ds] account where your email can come from your domain * Lastly, we found THIS YouTube Video [https://www.youtube.com/watch?v=ERrAW6YIiZk&t=244s] where he gives kind of a bandaid option if you or your client doesn’t want to do a domain yet. However, it seems like that’s just a temporary fix and a domain will be needed over time. Learn more about the Next Level VA program [http://www.yourvalab.com/] Get connected with one of our VAs, email us at yourvalab@gmail.com Join the conversation in the Next Level VA Community group on Facebook HERE [https://www.facebook.com/groups/yvalcommunity]! We'd love to hear what you think! Please leave us a review to let us know what landed for you!

20. feb. 202427 min