In this episode of the Empowered CPA podcast, I delve into the intricacies of budgeting, emphasizing that many people struggle with it, including myself. I discuss the importance of personalizing budgets, understanding income sources, tracking expenses, and setting realistic financial goals. I also highlight the need for flexibility in budgeting and the emotional aspects that can arise during the process. The episode provides practical tips for creating and maintaining a budget that aligns with individual and family goals, ensuring a balanced approach to financial planning.

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Spreadsheets Crafter™

In this episode of the Empowered CPA podcast, I discuss the importance of budgeting as the new year approaches. I emphasize the emotional challenges of budgeting and the need for realistic expectations. The conversation is structured into four main chapters, focusing on setting realistic goals, identifying personal financial goals, building flexibility into budgets, and the importance of celebrating small wins throughout the budgeting process. I encourage you to be kind to yourself as you embark on your budgeting journey and to seek accountability and support from others.

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Spreadsheets Crafter™

Caleb Hammer Home Page - Caleb Hammer

In this episode of the Empowered CPA podcast, I introduce a five-day gratitude challenge focused on financial health. Each day, I encourage listeners to reflect on different aspects of their financial journey, from appreciating foundational experiences to recognizing income sources, learning from past mistakes, acknowledging supportive individuals, and visualizing future financial goals. I emphasize the importance of gratitude in navigating financial challenges and personal growth.

In this episode of the Empowered CPA podcast, I discuss what you need to know about Beneficial Ownership Information (BOI) reporting. As mandated by the Corporate Transparency Act, this new requirement affects many business entities, particularly LLCs, and aims to combat illicit activities such as money laundering and tax fraud. I describe the filing process, necessary documentation, and the significant penalties for noncompliance, emphasizing the importance of being prepared and proactive in meeting these new regulations.

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BOI E-FILING

In this episode of the I discuss essential year-end tax planning strategies for both W-2 employees and entrepreneurs. I emphasize the importance of proactive tax management, understanding tax liabilities, and utilizing available tax credits. I talk about the significance of keeping accurate bookkeeping and consulting with tax professionals to navigate potential changes in tax legislation. The conversation aims to equip listeners with the knowledge and tools needed to approach tax season with confidence and clarity. There are additional resources available at TheEmpoweredCPA.com to help clarify the process of estimated tax payments and properly filling out 1099's.

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In this episode of the Empowered CPA podcast, I officially announce the launch of 'ChitChat', an online community designed specifically for women to discuss financial matters in a safe and supportive environment. The community aims to provide a space for women to share their financial highs and lows without fear of judgment, fostering connections and support among members. I describe the structure of the community, including various sections for different topics, weekly meetups, and challenges to encourage engagement and growth. I also emphasize the importance of community in achieving financial goals and invites listeners to join and provide feedback on this new initiative.

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Use the code CHITCHAT50 to get 50% off your first three months

In this episode of the Empowered CPA podcast, I talk with Sarah Sims, who shares her journey of personal transformation and the importance of self-care in managing stress. Sarah discusses her corporate role in leading workplace culture and her passion for helping individuals and teams thrive by operating in their gifts. The conversation explores the challenges of stress, the process of self-discovery, establishing boundaries, and the significance of effective communication within teams. Sarah emphasizes the need for leaders to understand their own gifts and those of their team members to foster a positive work environment.

Take the FREE self-care quiz at https://sarahsims.co/

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In this episode of the Empowered CPA, I reflect on my college days as a D1 athlete and the profound impact my coach had on my life. I share my journey back to my university for my coach's Hall of Fame induction, highlighting the memories, emotions, and lessons learned along the way. The conversation emphasizes the importance of legacy, self-reflection, and the impact we have on others, encouraging listeners to consider their own legacies and the ways they can positively influence those around them.

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