Episode 84 – How to Expedite Your Books and Breeze Through Tax Season as a Virtual Assistant Feat. Morgan de Klerk

• [2:47] A little background about Morgan de Klerk, where she’s from, and how she got started bookkeeping
• [4:40] What Morgan does as the Chief Financial Officer for Virtual Assistant Internship
• [5:56] How much money VAI was making when Morgan and I first started working together
• [6:08] Why it’s so important to track your finances as an online worker
• [7:35] What is an accountant, and what do they do?
• [7:53] What is a CPA?
• [8:50] What is a bookkeeper?
• [10:58] The #1 biggest mistake that first-time freelancers or virtual assistants make when starting out
• [13:18] The #1 misconception that many people have when starting their business
• [14:10] The differences between filing your taxes as a contractor vs. as an employee
• [15:27] What you can do NOW to prepare you from paying a massive tax bill at the end of the year 
• [16:54] The percentage of income that Morgan recommends people put away for taxes
• [20:02] Why tax refunds are nothing to celebrate
• [20:15] 1 thing that you can start doing now to get your finances in order
• [21:51] The #1 tip to start implementing right away that can save you tons of time in your online career
• [24:03] How to pay yourself regularly when you have inconsistent income each month
• [25:29] The amount of money Morgan recommends you keep saved in an emergency fund
• [25:54] Do you have to be good at math to be able to manage your finances?
• [27:27] How to change your money mindset to work in your favor
• [33:01] Common expenses that people should be tracking in their online business

In this episode, my CFO, Morgan de Klerk, is sharing everything you need to know to get ready for the upcoming tax season. We talk about what you need to get your finances in order, the types of business expenses you can write off, and SO much more!