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Taxes for Teacherpreneurs: How to Prepare for Tax Season as a Digital Product Seller 

Taxes for teacherpreneurs don’t have to be overwhelming! Whether you’re selling on Teachers Pay Teachers, running a membership, or creating digital products, understanding taxes is crucial to keeping more of your profits. In this episode, I’m joined by Emily Bryant from All About Accounting to break down the must-know tax tips for teacherpreneurs. From business bank accounts to deductions and LLCs, we’re covering everything you need to stay organized and stress-free this tax season!

In this episode, we’ll discuss:

1. The #1 Thing You Must Do for Easier Taxes: Why opening a separate bank account for your business is a game-changer (even if you’re just starting out).
2. LLCs, Sole Proprietorships & Business Licenses—What You Need to Know: The truth about LLCs, when to get one, and how it impacts your taxes.
3. Tax Deductions for TPT Sellers & Digital Product Creators: A breakdown of common write-offs, including software, office supplies, and even some surprising deductions you might not know about!
4. When to Hire a CPA & How to Handle DIY Taxes: When to keep things simple with TurboTax—and when it’s time to bring in a tax professional.
5. Avoiding Common Tax Mistakes: The biggest tax pitfalls digital product sellers make (and how to avoid them).

Resources Mentioned:

• Connect with Emily Bryant: All About Accounting

Connect further:

• Earn 3-4 figures per month on TPT | https://lindsaybowden.com/start
• Start or grow your TPT email list | https://lindsaybowden.com/email
• And make sure to follow me! http://instagram.com/lindsaybowden
• Watch full episodes on Youtube + Subscribe: https://www.youtube.com/@Lindsay.Bowden?sub_confirmation=1

Resources mentioned may contain affiliate links. If you purchase through these links, I may earn a small commission at no additional cost to you. I only recommend products and resources I truly love and use myself.

Taxes for teacherpreneurs don’t have to be stressful! Tune in to this episode for expert advice on keeping your finances in check and making tax season way easier. Don’t forget to follow for more business tips and strategies!