Excerebus' Podcast

This week, Colleen, the founder of Excerebus CPA Firm, takes us through some of the deductions that beauty industry experts can take if they rent a booth or are self-employed.  She discusses how to calculate the % of your home you can deduct expenses for, what types of insurance are deductible, how to figure your transportation costs and different expenses related to your professional license that can be deducted.  Finally, she explains how to take the deductions for supplies, communication services, advertising and professional services.  Knowing how to report these items will help reduce your tax liability.

This week, Colleen, the founder of Excerebus CPA Firm, takes us through some of the deductions that beauty industry experts can take if they rent a booth or are self-employed.  She discusses how to calculate the % of your home you can deduct expenses for, what types of insurance are deductible, how to figure your transportation costs and different expenses related to your professional license that can be deducted.  Finally, she explains how to take the deductions for supplies, communication services, advertising and professional services.  Knowing how to report these items will help reduce your tax liability.

This week Colleen, the founder of Excerebus, CPA Firm, explains how the new tax law will impact the Beauty Industry.  She covers key components that affect deductions in the new tax law. Topics range from buying and selling a home, to what the deductions will be for State and Local Taxes (SALT). Colleen delves into how certain family members are covered for Child Tax Credits.  She also shares how to take advantage of the type of businesses owned by Beauty Industry Experts.  Colleen concludes the informative podcast with a breakdown of how the new tax brackets are going to be beneficial to saving money on taxes in the future.  

This week Colleen, the founder of Excerebus, CPA Firm, explains how having an accountant on your business team can increase your income. She breaks down a key factor in tax deductions and shares the changes that affect this deduction in the new tax law. Colleen shares thoughts on hiring certain family members, how to look at the expense of running your business from home and donating your services to the community.  Colleen also shares how to get an extra business day a month and how to increase your income by $10,000 annually with the help of a CPA.

Colleen Middleton, CPA, Founder of Excerebus, shares valuable information for students and beauty industry professionals. She understands the struggles families incur from her own background in the US Air Force and as a single mom working towards an education. Her business background includes almost a decade with a Fortune 500 Company and she holds a CPA License in FL and NC. With the goal of assisting beauty industry students and professionals achieve financial freedom, she works hard to make the complex topic of accounting in business understandable.