Uploaded October 2023 | Updated September 2026, 1 week ago
Freelancers & Side Hustlers: Simplify Your Taxes! Download My Ultimate Guide to Side Hustle Taxes Now!
noellorenzanacpa.com/opt-in-filing-taxes-and-saving-money-ebook
Navigating the tax landscape with a side hustle can be confusing, but you've come to the right place! Welcome to part one of a three-part series designed to demystify the tax implications of your side hustle.
In this five-minute video, I'll break down where to report your income and expenses on your tax return, and provide guidance on what you can—and can't—deduct as a business expense. Don't miss out on valuable tax-saving opportunities that can make a significant impact on your bottom line.
Stay tuned for parts two and three where we'll delve even deeper into maximizing your side hustle's financial potential. Be sure to subscribe so you don't miss out on these critical insights!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/6AzQS9keLDo
youtu.be/ij7p2vXMsVM
youtu.be/DiecQ7V6G30
Thanks for watching my video on, Side Hustle Taxes: Reporting Income & Expenses, and Understanding Deductible Business Costs (Part 1)
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Side Hustle Taxes Part I: Demystify The Tax Implications of a Side Hustle
00:40 - Where to Report Side Hustle's Income And Expenses on Tax Return?
01:35 - What Can You Deduct as a Business Expense for Your Side Hustle?
03:15 - FREE Ebook: Ultimate Guide to Side Hustle Taxes
Replay Video Link: youtu.be/guvw-hz7cbo
#sidehustletips #sidehustletaxes #smallbusinesstaxes
Freelancers & Side Hustlers: Simplify Your Taxes! Download My Ultimate Guide to Side Hustle Taxes Now!
noellorenzanacpa.com/opt-in-filing-taxes-and-saving-money-ebook
Navigating the tax landscape with a side hustle can be confusing, but you've come to the right place! Welcome to part one of a three-part series designed to demystify the tax implications of your side hustle.
In this five-minute video, I'll break down where to report your income and expenses on your tax return, and provide guidance on what you can—and can't—deduct as a business expense. Don't miss out on valuable tax-saving opportunities that can make a significant impact on your bottom line.
Stay tuned for parts two and three where we'll delve even deeper into maximizing your side hustle's financial potential. Be sure to subscribe so you don't miss out on these critical insights!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/6AzQS9keLDo
youtu.be/ij7p2vXMsVM
youtu.be/DiecQ7V6G30
Thanks for watching my video on, Side Hustle Taxes: Reporting Income & Expenses, and Understanding Deductible Business Costs (Part 1)
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Side Hustle Taxes Part I: Demystify The Tax Implications of a Side Hustle
00:40 - Where to Report Side Hustle's Income And Expenses on Tax Return?
01:35 - What Can You Deduct as a Business Expense for Your Side Hustle?
03:15 - FREE Ebook: Ultimate Guide to Side Hustle Taxes
Replay Video Link: youtu.be/guvw-hz7cbo
#sidehustletips #sidehustletaxes #smallbusinesstaxes
