Youtuber Jaime freed up hours of his time
Result: We took care of all of Jaime’s bookkeeping, payroll, quarterly taxes, and all other tax related items. Jaime got back hours of his time so he could focus his energy on creating content.
On our first call with Jaime, he mentioned that over the past week, he had spent hours on the phone with the IRS trying get clarity on how to fill out different tax forms. He was also manually tracking every expense and researching for hours about what was and wasn’t deductible.
A few weeks after signing up and us taking over, he emailed us this email:
Lifting things off your plate
For Jaime, we set up QuickBooks and imported all of this transactions for the year. We then organized his income and expenses, making sure he was getting the max deductions possible. We also made his S Corp election and set up his Gusto payroll so that he could maximize his tax savings.
Now that he was fully set up and organized, we got into a regular monthly routine of reviewing his financials with him so he constantly knew exactly where he stood financially and how much he would owe in taxes.
Beyond the meetings, Jaime would email us with various questions about deductions and taxes. He now had his own accountants in his back pocket to instantly answer any questions he had.
This all relieved an immense amount of stress and time so he could focus on his content. It also meant he was maximizing his deductions and no longer missing deadlines, which results in fines and penalties.
Outsourcing non-core parts of your business
You only have so much time in your day. As a business owner and entrepreneur, the hardest thing to learn is how to outsource non-core parts of your business so you can focus on things that are of highest importance.
Accounting, taxes, invoicing, scheduling, answering DMs, etc. are all examples of things that are important, but not your highest and best use. Imagine if you had 5 extra hours each week to hunt down brand deals and create content?
The best way to think about outsourcing is this: How much is my time worth? For instance, if you can spend 10 extra hours to bring in one extra brand deal that earns you $5,000, that means you made $500/hr. So wouldn’t it make sense to pay a virtual assistant $20/hr to free up that time? The return on investment is 2500%!
So if you are spending hours on taxes and hours on dread and anxiety, we would love to take that off your plate, schedule a call with us today!