👋🏽 Hello, Future You.

The LL Letter is a seasonal, weekly newsletter about everyday finance for values-driven independent workers and business owners building healthy, happy bottom lines. Solid money hygiene is fundamental to the best version of the future financial YOU.

Below, I sharpen your CFO brain with curated finance-related bits from the web. I give a micro-class on a money to-do. And I provide some reminders so you're ahead of financial mayhem.

If this was forwarded to you, sign up ​here​. Missed class? You can peruse the archive ​here.​

📰 Finance-related on the www.

• ​1 big thing: Don't let politics break your brain in assessing the economy (AXIOS)
• ​Deducting home office expenses (JOURNAL OF ACCOUNTANCY)
• ​Shopify's 'Cost Calculator' Exposes the Price of (Probably Pointless) Meetings: 'Time Is Money' (ENTREPRENEUR)
  ​

☑️ LL Money Do.

Create an admin sheet.​
​
Easy access to all your admin information makes things breezy when you need to fill out a form or you're on the phone with customer service.
​
I keep the following within reach in one password-secured doc.

• Company Name
• EIN
• State registration number
• County/City business registration numbers
• Out-of-state business registration numbers
• Business address
• Business bank name
• Business bank routing number
• Business bank account number
• Business branch and address
• Company email address
• Date of incorporation
• Entity type
• Fiscal year
• DOB
• SSN
• Residential address
• Mailing address
• Tax filing status
• DL license number, including dates of issuance and expirati0n
• Passport number, including dates of issuance and expiration
• And anything else that will make your life easier to have in a centralized location.

​
I would also recommend, scanning corresponding docs, saving them to an admin folder or to the cloud so you can hyperlink right to the doc.

My fave tool for on-the-fly scans: Adobe Scan
​
What else would you add?

⏰ Reminders.

• Monday, September 16, 2024: 4th 2024 payment estimated federal and state taxes are due.
• Monday, September 16, 2024: Extended returns due for partnerships (including LLCs) and S-corp returns.
• Tuesday, October 15, 2024: Extended personal returns (Form 1040) and C-corp returns are due + contributions to solo 401(k) plans or simplified employee pension (SEP) plans for 2023 by self-employed if you received a filing extension.
• Tuesday, November 5, 2024: Election Day. Vote.

If you learned something and know someone who could do the same kind of learning, please do both of us a solid and forward this to them.

​

Thanks for reading / Read my disclaimer /. You are on this list because you subscribed. If the LL Letter is not your thing, unsubscribe below / Preview in browser / Surprise / Forwarded to you? Sign up here. / Archive / Issue #112, Week 30, 2024