Latest Income tax Podcast Episodes
What is a Consumer Proposal and how can it help me with debt?
Debt Free Life - May 12, 2021 19:00 - 13 minutesMany people struggling with debt in Ontario have considered filing for personal bankruptcy but are concerned about losing their assets and the consequences that follow. In some cases, bankruptcy is the right solution, however, most debt problems can be solved with a Consumer Proposal, the #1 alt...
Can I Apply for Credit During a Consumer Proposal?
Debt Free Life - April 28, 2021 14:00 - 7 minutesOne of the most frequently asked questions we receive is, “Will my credit be affected, and will I still be able to use a credit card after I file a consumer proposal?” The short answer is yes, a consumer proposal will impact your credit rating and yes, you will still be able to acquire a credit ...
The emotional impact debt has on peoples lives
Debt Free Life - March 29, 2021 20:00 - 17 minutesIn this podcast, we sit down with Shirley Sklar a certified insolvency counsellor at David Sklar & Associates and discuss the emotional impacts living in debt can have. Being in debt is stressful, It can put a strain on you, your family, and even your job performance. The emotional effects of de...
How to overcome debt - Common mistakes people make with their finances
Debt Free Life - March 22, 2021 16:00 - 18 minutesIn this episode, we discuss the common mistakes people make when managing their finances. How to overcome feeling defeated or wanting to give up. The mistakes people make using credit. Setting boundaries with your children and common roadblocks. Creating a financial plan and sticking to it, ...
How to overcome debt - Common mistakes people make with their finances
Debt Free Life - March 22, 2021 16:00 - 18 minutesIn this episode, we discuss the common mistakes people make when managing their finances. How to overcome feeling defeated or wanting to give up. The mistakes people make using credit. Setting boundaries with your children and common roadblocks. Creating a financial plan and sticking to it, ...
Get to know David Sklar & Associates
Debt Free Life - March 15, 2021 21:00 - 17 minutesWelcome to the Debt Free Life Podcast. In this episode, we take some time to learn about David Sklar & Associates, what they do and how they can help people struggling with debt. The world of insolvency can be intimidating and confusing to a lot of people. In this episode, David Sklar takes t...
Finances For Salon Professionals
PROFIT AND BEAUTY: A Show For Salon Professionals - September 07, 2020 21:47 - 19 minutes ★★★★ - 10 ratingsJoin The Club: https://financesforsalonprofessionals.com/ Hi everyone. I am really excited to announce that my membership site for independent contractors and salon owners is finally launching in two days. I’ve been working on the site for the past six months. As I was building the si...
Cash Flow Management For The Independent Stylist
PROFIT AND BEAUTY: A Show For Salon Professionals - July 30, 2020 03:57 - 19 minutes ★★★★ - 10 ratingsClick The Link To View The Video https://youtu.be/Fnx5ye5cS4U Join My Wait List https://accountants4hairstylists.com/something-new-is-coming-soon Hello again and welcome to part three of Business financial literacy for the independent stylists. In Part one I discussed the importance of p...
I Have a Big Announcement!
Small Business Accounting Made Easy with Catherine Fairweather - June 18, 2020 12:00 - 5 minutesSo on today's mini-episode, I explain where I've been the last couple of weeks. I'm working on something to help the small business owner that I think you're really going to like and find helpful and valuable. To find out more, head over to www.catherinefairweather.com/founder.
Why Independent Stylists Need To Set Up A Bookkeeping or Accounting System
PROFIT AND BEAUTY: A Show For Salon Professionals - June 16, 2020 02:39 - 18 minutes ★★★★ - 10 ratingsClick Here To Join My Wait List Hello again and welcome to part two of Business financial literacy for the independent stylists. In Part one I discussed the importance of picking a legal business structure for your business, which included the different options available to independent st...
Episode 1 of 6- Picking The Right Legal Structure For The Independent Stylist
PROFIT AND BEAUTY: A Show For Salon Professionals - June 07, 2020 17:12 - 14 minutes ★★★★ - 10 ratingsHello everyone and welcome to my six-part series all about business financial literacy for the independent stylists Although it’s important for all business owners to be financially literate, for this series, I’ve decided to focus on the independent stylist because I want to emphasize the ...
What's The Difference Between An Independent Contractor, A Booth Renter, & An Independent Stylists?
PROFIT AND BEAUTY: A Show For Salon Professionals - June 03, 2020 02:20 - 6 minutes ★★★★ - 10 ratingsOver the last few months, several independent stylists and salon owners have asked me what the difference is between an independent stylist, a booth renter, and an independent contractor. I explain the differences in this mini cast! Click the link below to join my the wait-list https://ac...
021. How to Pick the Right Accounting Software for Your Small Business
Small Business Accounting Made Easy with Catherine Fairweather - May 28, 2020 04:00 - 17 minutesAfter 30+ years of shopping for a swimsuit, I finally found something that works. I buy the same thing every year in a different color. It’s a tankini from Lands End that features shorts and a high neck tank. It’s more like a swim outfit, but it’s comfortable and it covers what needs to be cov...
020. 5 Reasons Why Spreadsheets Make Really Bad Accounting Software
Small Business Accounting Made Easy with Catherine Fairweather - May 21, 2020 04:00 - 13 minutesDo you ever get in a super frugal mood? You decide to start mercilessly slashing unnecessary expenses from your budget. You cancel some online streaming services, switch to basic cable or cancel it entirely. Maybe you start making coffee at home, instead of buying it. If you have a business,...
019. 18 Important Bookkeeping Terms All Business Owners Need to Know
Small Business Accounting Made Easy with Catherine Fairweather - May 14, 2020 22:00 - 17 minutesMaybe you’ve tried to figure out your bookkeeping on your own and have encountered words you’ve never heard before. Not understanding the verbiage can be super frustrating and overwhelming. It sounds like it’s English, and some people seem to understand it, and you wish you could too! That’...
PPP Loan Forgiveness For Salon Owners & Independent Stylists
PROFIT AND BEAUTY: A Show For Salon Professionals - May 13, 2020 22:09 - 20 minutes ★★★★ - 10 ratingsNow that businesses are starting to receive their PPP loans, it's time to understand what is required in order for your loan to be forgiven. You want to try to avoid any unwelcome surprises when you apply for loan forgiveness.
018. 6 Reasons Why You Should Care About Your Business's Bookkeeping
Small Business Accounting Made Easy with Catherine Fairweather - May 07, 2020 04:00 - 8 minutesIf you own your own business or are planning to start your own business, you probably know that you need to do your business’s bookkeeping and keep records of all your business transactions. However, getting to do your company’s books is probably not the reason you wanted to start a business. ...
How COVID19 Exposed The Importance of Choosing And Understanding Your Business Legal Structure
PROFIT AND BEAUTY: A Show For Salon Professionals - May 03, 2020 02:28 - 4 minutes ★★★★ - 10 ratingsCOVID19 has brought to the fore-front the theme of the podcast that I have been hosting for years, and that is the importance of treating your business “like a business” and not like a hobby, regardless of whether you are a full-service salon or a booth renter behind the chair. I’ve always...
017. You Need to Know This Before You Make a Big Purchase for Your Business
Small Business Accounting Made Easy with Catherine Fairweather - April 30, 2020 04:00 - 14 minutesNot all expense is created equal. Some expense is incurred for products and services that have a finite useful life or cover a finite period: office supplies, the electric bill, employee wages. These are known as operating expenses. But purchases of equipment, furniture, fixtures, land, and b...
016. How to Hire an Accounting Pro For Your Business
Small Business Accounting Made Easy with Catherine Fairweather - April 24, 2020 01:00 - 15 minutesHave you been thinking about hiring someone to help you out with the bookkeeping and taxes part of your business? Who should you hire? Do you need a bookkeeper, a CPA, or an Enrolled Agent? What's the difference between these professional designations anyway? On today's episode, I'm going to...
The Latest PPP Loan Update For Booth Renters, Salon Owners Without Employees & Independent Contractors
PROFIT AND BEAUTY: A Show For Salon Professionals - April 20, 2020 03:09 - 25 minutes ★★★★ - 10 ratingsOn Tuesday, April 14, the Small Business Administration (SBA) issued several important clarifications to its rules regarding the Paycheck Protection Program (PPP) in respect to the following: Calculation of maximum loan amount for self-employed individuals Use of PPP loan proceeds by self...
015. The 5 Most Common Small Business Tax Mistakes
Small Business Accounting Made Easy with Catherine Fairweather - April 16, 2020 16:00 - 26 minutesIn today's episode, I want to talk to you about the five most common small business tax mistakes. So whether you're thinking about starting a new business or you've been at this awhile, I'm going to cover the five areas where people tend to get tripped up. I'm also going to share ideas and solu...
How Do I Record Losses For Booth Rent Due To The Closure From COVID19?
PROFIT AND BEAUTY: A Show For Salon Professionals - April 11, 2020 03:46 - 3 minutes ★★★★ - 10 ratingsI've been receiving several questions from salon owners asking how they can go about writing off the rent they are not receiving from their booth renters due to COVID19. Rather than answer each person individually, I decided to record a short video explaining how it works. SHOW MORE
014. The 5 Most Common Small Business Bookkeeping Mistakes
Small Business Accounting Made Easy with Catherine Fairweather - April 09, 2020 14:00 - 21 minutesIn today's episode, I want to talk to you about the five most common small business bookkeeping mistakes. So whether you're thinking about starting a new business or you've been at this awhile, I'm going to cover the five areas where people tend to get tripped up. I'm also going to share ideas...
The COVID19 CARES Act & How it Affects Beauty Industry Professionals
PROFIT AND BEAUTY: A Show For Salon Professionals - April 06, 2020 02:21 - 46 minutes ★★★★ - 10 ratingsWhat is the CARES (Coronavirus Aid Relief and Economic Security) Act? The CARES Act is the largest economic stimulus package in the history of the United States. It includes approximately two trillion dollars to help people and businesses impacted by COVID-19. Many beauty professionals are ...
013. What Every Small Business Owner Needs to Know to Pay Less in Taxes
Small Business Accounting Made Easy with Catherine Fairweather - April 02, 2020 04:00 - 18 minutesIn today's episode we're talking about income tax deductions. I promise this episode is a lot more interesting than that sentence just sounded. Income tax deductions are important to your business because without them you'd pay a lot more in income tax than you need to. Learn how income tax d...
Bonus: How to Get Help if Your Small Business is Impacted by COVID-19
Small Business Accounting Made Easy with Catherine Fairweather - March 23, 2020 04:00 - 16 minutesI’m not a healthcare professional, but I want to help in the way I know how. I recorded this episode in the hopes of providing much needed information to small businesses who need relief during this time. Know that this information is constantly changing so refer to the resources linked to for...
012. A New Way to Look at the Impact of COVID-19 on Your Business.
Small Business Accounting Made Easy with Catherine Fairweather - March 19, 2020 04:00 - 20 minutesWhat does this make possible now? When I originally planned today's episode I wanted to answer frequently asked questions about small business income tax. I still might do in the future, but I really didn't think I could create an episode this week without addressing the elephant in the room. ...
011. What You Need to Know About Your Balance Sheet
Small Business Accounting Made Easy with Catherine Fairweather - March 05, 2020 05:00 - 17 minutesHave you ever heard of the balance sheet? The balance sheet is one the three core financial statements every small business owner should know how to read. It's also the subject of today's podcast episode. I’m going to explain what it is, how to read it, and what it reveals about your business...
My 2 Cents On How To Increase Your Salons Profits
PROFIT AND BEAUTY: A Show For Salon Professionals - February 09, 2020 19:45 - 10 minutes ★★★★ - 10 ratingsAs a former hairstylist and salon owner, I had to think of creative ways to increase my bottom line. Now, as a consultant to hair professionals, I sometimes have to suggest different ideas on how to increase sales so they can become more profitable. In this podcast, I talk about how I use...
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