Ep #64 Tax Tips for Online Business Owners

Elizabeth speaks with Kristine McKinley, CFP®, CPA and Founding Principle of Beacon Financial Advisors, LLC who shares her tax tips for online business owners. Kristine shares her 5 tips to get ready for taxes, when to treat your business like a business rather than a hobby and why, as well as how your profit intentions affect your taxes. 

Elizabeth then answers a listener question about when you need to have a Tax ID Number (EIN) and her Entrepreneur’s Success Tip of the Week: The Art of Connecting, Fifth in the Series The Art of Social Networking.

Click here to learn more about Kristine and get valuable tax tips for your online business . If you’d like more information on getting your own EIN visit the IRS site. 

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