TLR Coaching Monthly Newsletter
Need more time to file your taxes? Guess what! You can file an extension. If you find yourself unable to complete your 2015 federal tax return by the April deadline (April 18 in 2016 for filng 2015 taxes), you’ll first need to file an extension with the IRS to avoid any late-filing or late payment penalties. Filing an extension will allow you to push your deadline back six months to October 17, 2016.
It’s important to keep in mind an extension only pushes back the due date for the filing of your tax documents. It does not give you extra time to pay on any taxes you may owe. If you believe you will owe money this year, you’ll need to estimate the amount after filing for an extension and make a payment by the April deadline.
7 Tips to Manage Receipts
Well it’s tax day and you can’t file your taxes because your business receipts are all over the place. As an accountant I see this happing all to often. This seems to be one of the most difficult task an entrepreneur has to do. So here are some tips to help you get started now!
- Keep all receipts.
- Make notes on receipts about their business purpose.
- Scan receipts and keep them at least six years.
- Take a picture with your smartphone.
- Keep a daily business journal.
- Don't rely on credit-card statements and canceled checks.
- Stay away from cash.
As we continue this new journey of lifestyle resolutions here are some money quotes.
They say that love is more important than money, but have you ever tried to pay your bills with a hug?
"Early to bed, early to rise, keeps you healthy, wealthy and wise." - Benjamin Franklin
"The art is not in making money, but in keeping it." – Proverb
I know you’re super-busy, so I’m going to get right to the point…
If your car were to break down or someone close to you were to land in the hospital, would you be able to pay for it without going into debt?
If you’re like 68% of Americans, the answer is NO.
Fortunately, you can start making plans today to make sure that you’re covered, no matter what happens. All it takes is a little know-how, and a good, honest look at your relationship to money. And I’m here to help you.
You’re invited to take my coaching class.
Money Wellness! – Having a Healthy Perspective on Earning, Saving and Spending Your Money
Taking this inspirational coaching class, you’ll learn…
- How to reduce your debt & lower your financial stress RIGHT AWAY…
- Where your money comes from and where it’s going…
- How to stop “Retail Therapy” from derailing your dreams…
- The biggest threat to your financial health & well being…
- 3 Simple Steps you can make to guarantee financial freedom…
- How to EASILY live within your means & stop overspending…
- And much, much more…
You will not only discover how to prepare yourself in the case of an emergency, you’ll also learn how to set yourself up for financial success in any arena, and build the life you truly want, starting from exactly where you sit right now.
When you know where you stand, financially, you can make powerful choices about where you want to be. Let us help you get started on your path to financial freedom.
Simply CLICK HERE for this insightful, class…
Money Wellness! – Three Simple Steps To A Healthier Financial Future
As your coach I have two questions to ask:
- What is stopping you from taking the class?
- Can you take a step of faith towards a healthier financial lifestyle?
Now have a wonderful financial free month.
Your Life Coach, Accountant, Real Estate Investor, MBA
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