Comments on: End of Year Tips for Consultants http://soloprpro.com/end-of-year-tips-for-consultants/ Resources on how to become and remain a successful freelance PR consultant Wed, 16 May 2012 11:09:00 +0000 hourly 1 http://wordpress.org/?v= By: David Benjamin http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-108 David Benjamin Mon, 15 Dec 2008 16:29:07 +0000 http://soloprpro.com/?p=179#comment-108 The biggest take away from this helpful post is leaving logos off of presents or giveaways. The purpose isn't to subconsiously have your client, customer, or business partners think about you selling something. We do that enough throughout the year, make this one special and from the heart. Thanks for sharing. The biggest take away from this helpful post is leaving logos off of presents or giveaways. The purpose isn’t to subconsiously have your client, customer, or business partners think about you selling something. We do that enough throughout the year, make this one special and from the heart. Thanks for sharing.

]]> By: Kellye Crane http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-96 Kellye Crane Wed, 10 Dec 2008 22:05:59 +0000 http://soloprpro.com/?p=179#comment-96 Hi Kami: I agree — every bit helps wherever you can get it! I just wanted to offer some additional guidance about where to place the deduction on your tax forms, since I was confused about that issue myself when I started out. I always appreciate a sanity check! Hi Kami: I agree — every bit helps wherever you can get it! I just wanted to offer some additional guidance about where to place the deduction on your tax forms, since I was confused about that issue myself when I started out. I always appreciate a sanity check!

]]> By: Kami Huyse http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-94 Kami Huyse Wed, 10 Dec 2008 21:41:00 +0000 http://soloprpro.com/?p=179#comment-94 Kelley; If you are a sole proprietor your personal taxes impact your business taxes anyway (except for those levied at the state level) at least insofar as income is concerned. So, the charitable contributions still help. <abbr><em>Kami Huyse’s last blog post..<a href="http://feeds.feedburner.com/~r/CommunicationOvertones/~3/479985709/you-fired-hr-should-consider-pr.html" rel="nofollow">You're Fired: HR Should Consider the PR Consequences of How Layoffs are Handled</a></em></abbr> Kelley; If you are a sole proprietor your personal taxes impact your business taxes anyway (except for those levied at the state level) at least insofar as income is concerned. So, the charitable contributions still help.

Kami Huyse’s last blog post..You’re Fired: HR Should Consider the PR Consequences of How Layoffs are Handled

]]> By: Karen Strong http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-93 Karen Strong Wed, 10 Dec 2008 18:00:49 +0000 http://soloprpro.com/?p=179#comment-93 Hi Kellye! Great blog filled with fantastic advice, of course. Congrats on launching it! Hi Kellye! Great blog filled with fantastic advice, of course. Congrats on launching it!

]]> By: Kellye Crane http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-92 Kellye Crane Wed, 10 Dec 2008 15:37:37 +0000 http://soloprpro.com/?p=179#comment-92 @ethnicomm No need to apologize! It's still a great tip for folks to take into account in their year-end planning. :-) Thanks again for adding to the list. @ethnicomm No need to apologize! It’s still a great tip for folks to take into account in their year-end planning. :-) Thanks again for adding to the list.

]]> By: ethnicomm http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-91 ethnicomm Tue, 09 Dec 2008 23:52:35 +0000 http://soloprpro.com/?p=179#comment-91 @Kellye - my apologies and I'm not an accountant either. This is a Canadian perspective but you are right about the charitable donations - if the biz is NOT incorporated, then it comes off of personal income here. @Kellye – my apologies and I’m not an accountant either. This is a Canadian perspective but you are right about the charitable donations – if the biz is NOT incorporated, then it comes off of personal income here.

]]> By: Kellye Crane http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-90 Kellye Crane Tue, 09 Dec 2008 18:54:23 +0000 http://soloprpro.com/?p=179#comment-90 @Bobbi Jo: Welcome, and glad you found this useful! @ethnicomm: Thanks for these great ideas to get ahead of the curve for tax time. One note about charities: I'm not an accountant, but based on advice I've received, charitable contributions are typically deducted from your "personal taxes." That is (depending on how your business is organized), the deduction is taken on your Schedule A (rather than the business' Schedule C). Regardless, this is a great reminder to get those contributions in by the end of the year! @Bobbi Jo: Welcome, and glad you found this useful!

@ethnicomm: Thanks for these great ideas to get ahead of the curve for tax time. One note about charities: I’m not an accountant, but based on advice I’ve received, charitable contributions are typically deducted from your “personal taxes.” That is (depending on how your business is organized), the deduction is taken on your Schedule A (rather than the business’ Schedule C). Regardless, this is a great reminder to get those contributions in by the end of the year!

]]> By: ethnicomm http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-89 ethnicomm Tue, 09 Dec 2008 14:55:50 +0000 http://soloprpro.com/?p=179#comment-89 Kellye - great tips! Some others that I found useful: - gather up your expenses/receipts and make sure it's all in order and you haven't neglected to expense something that you should have - if you're working out of your house, collect the utility bills, phone etc and put that in order so it's easier for your accountant to process - take the time to review your hit list/closing ratio and make a weekly or monthly plan NOW on what you will do to hit your budget next year - don't neglect the charities...contribute and deduct now for maximum tax benefit this year-end Kellye – great tips!

Some others that I found useful:
- gather up your expenses/receipts and make sure it’s all in order and you haven’t neglected to expense something that you should have
- if you’re working out of your house, collect the utility bills, phone etc and put that in order so it’s easier for your accountant to process
- take the time to review your hit list/closing ratio and make a weekly or monthly plan NOW on what you will do to hit your budget next year
- don’t neglect the charities…contribute and deduct now for maximum tax benefit this year-end

]]> By: Bobbi Jo Woods http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-88 Bobbi Jo Woods Tue, 09 Dec 2008 03:32:21 +0000 http://soloprpro.com/?p=179#comment-88 Hi Kellye Someone passsed this link to me via Twitter and I'm glad I found it! Great tips for anyone in business, no matter what industry. I will bookmark this site and come back for more :) -Bobbi Jo <abbr><em>Bobbi Jo Woods’s last blog post..<a href="http://microwebblogs.com/bwoodsdesign/2008/12/08/you-oughtta-know-inbound-marketing/" rel="nofollow">“You Oughtta Know” Inbound Marketing</a></em></abbr> Hi Kellye

Someone passsed this link to me via Twitter and I’m glad I found it! Great tips for anyone in business, no matter what industry.

I will bookmark this site and come back for more :)

-Bobbi Jo

Bobbi Jo Woods’s last blog post..“You Oughtta Know” Inbound Marketing

]]> By: Kellye Crane http://soloprpro.com/end-of-year-tips-for-consultants/comment-page-1/#comment-87 Kellye Crane Mon, 08 Dec 2008 23:39:12 +0000 http://soloprpro.com/?p=179#comment-87 Hi Daria: Thanks for sharing your experiences with the customized e-card method! I can see how this would generate some immediate conversation with the recipient, which is a great benefit. Hi Daria: Thanks for sharing your experiences with the customized e-card method! I can see how this would generate some immediate conversation with the recipient, which is a great benefit.

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