—Guest: Darbi Masters

—Topic: How to organize your taxes when you are self-employed

In this special episode of Drinks with Darbi, Bethany and Ellie talk about taxes when you are self-employed. They talk about setting up a separate tax account so you will be ready when it comes time to pay your taxes. They also talk about automating savings with an app like Digit or Albert, and they also suggest to not skip your quarterly taxes. 

Darbi joins the Money Millhouse and they discuss the difference between deductions and write-offs. They talk about keeping expenses organized and what expenses you may not know are tax deductible. They also give several tools and apps that can help when it comes to filing taxes as well as ways to keep track of write-offs. 

Bethany and Ellie finish the show discussing deductions and write-offs, but also suggest to double check your tax documents so you aren’t paying more or less than you should be. 

How to Avoid a Huge Tax Bill When You’re Self Employed by Carrie Smith Nickelson 

Saving Apps: 

Mile IQ
Quickbooks self-employed
Turbo for self-employed

Darbi Masters
Darbi Masters is a cake maker, parkour jumper, wood worker, and a friend of yours…by 6 degrees of separation. But, what she actually enjoys is whiskey, bikes, ping-pong, summertime, and hammocking. Darbi went to school for radio broadcasting and has worked as a producer for two shows in the Chicago radio market for a number of years. She’s recently branched out and started her own business editing and producing podcasts, which includes none other than, your favorite podcast, The Money Millhouse. You can find out more about Darbi and the podcasts that she produces at darbimasters.com.

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