Ep 422 – Handling Taxes in Your Massage Business: “Business or Pressure” with Allissa Haines | Associated Bodywork & Massage Professionals

03/08/2024

Image of documents and text on pink colored paper.

Understanding how small business taxes are filed and what information to gather in preparation is crucial for a smooth tax season. Allissa talks through the steps to help you be your tax preparer’s favorite client.

Author links:

Website: www.deepbreathdigital.com/community

Instagram: https://www.instagram.com/deepbreathcommunity/

Resources:

Tax Time: A Guide to Completing the Schedule C: https://www.score.org/resource/blog-post/tax-time-a-guide-completing-schedule-c

Can I Deduct That? 2021: 100 Things You Can (and maybe can't) Take As Business Deductions: https://bookshop.org/p/books/can-i-deduct-that-2021-100-things-you-can-and-maybe-can-t-take-as-business-deductions-kelly-bowers/16358089?ean=9798714588143

ABMP Financial Literacy Series- Let's Talk About Tax, Baby!: https://www.abmp.com/money/article/lets-talk-about-tax-baby

Ep 323 – Optimize your Tax and Financial Lives with Kenesha Coleman: https://www.abmp.com/podcasts/ep-323-optimize-your-tax-and-financial-lives-kenesha-coleman

Author Images:

Author Bio:

Allissa Haines is a practicing massage therapist and business owner and columnist for Massage & Bodywork magazine. You can find her building a community of massage therapists at deepbreathdigital.com/community.

Sponsors:

HobaCare Jojoba is a premium quality, 100% pure jojoba oil that is highly beneficial for massage therapists. As a single-ingredient product, it aligns perfectly with holistic practices, providing an all-natural, chemical-free massage medium option. Jojoba oil closely resembles human sebum, which allows it to absorb easily and deeply into the skin, delivering a non-greasy, moisturizing experience that doesn't clog pores or cause allergic reactions. This unique property makes it an excellent medium for massage, enhancing tactile contact without leaving an oily residue. HobaCare Jojoba is also shelf stable and will not stain natural fiber sheets. By choosing HobaCare Jojoba, massage therapists can enhance their practice, offering clients a superior, skin-friendly experience that promotes both skin health and overall well-being.

Website: www.hobacare.com

Facebook: https://www.facebook.com/jojobacompany

Instagram: https://www.instagram.com/jojobacompany

Ohio Adopts Interstate Massage Compact

06/28/2024

The Ohio legislature adopted Senate Bill 56 on June 21, becoming the second state to enact the Interstate Massage Compact. Massage therapists will soon be able to obtain a multistate license that will reduce holdups and delays that often occur when moving to a different state.

US Department of Education 150% Rule Update

06/24/2024

A federal judge has granted a preliminary injunction that halts the enforcement of the US Department of Education’s new Bare Minimum Rule, also known as the “100% rule,” until the court takes further action. This is the first step in what could be a lengthy battle to ultimately delay enforcement of the rule, providing schools more time to adjust their programmatic standards, or overturn the rule altogether. Find out more and what your school needs to do to prepare.

Colorado Bill Requires Local Background Checks

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Governor Jared Polis signed into law House Bill 24-1371, requiring local government (counties, cities, or municipalities) to conduct periodic criminal background checks for massage establishment operators, owners, and employees.