Ep. 18: Bookkeeping & Finances with My Reseller Genie

Tax season is upon us, whether we are ready or not! Finances, tax preparation, bookkeeping, and let’s face it - anything pertaining to numbers - can cause a sense of dread or overwhelm. Whether you are just starting out and want to know how to properly track your finances, or if you are already an established small business owner, this episode is for YOU! Get your pen and paper out, because you will want to jot down notes.Our February guests Paul and Faith from  @MyResellerGenie  will hold our hands and walk us through basic bookkeeping systems so we can focus our time and what we really love - buying and selling vintage! When Faith wanted to start a small business in 2020, but felt overwhelmed, she sought the aid from her accountant husband, Paul. Together, they teamed up to provide a tool that would help her, as well as other small shop owners get set up to run successful businesses. Come along with us as we dive deep into tracking inventory and expenses, prepare for tax season, learn about the financial side of owning a small business, and more!Sign up for My Reseller Genie and get 15% off your first month using the promo code: THRIFTYWHITNEY - https://www.myresellergenie.com/?ref=zgy1odr*Disclaimer - this material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.Originally aired on Instagram Live on February 20, 2025.Follow our accounts for more vintage news, tips, and sales:-Whitney on IG at @thrifty_whitney and www.thriftywhitney.com-Nicole on IG at @vintagehavenshoppe and her Etsy shop: https://www.etsy.com/shop/vintagehavenshoppe- My Reseller Genie (Faith & Paul) on IG at  @MyResellerGenie  and their websites: https://www.myresellergenie.com/ (learn more about the software) and https://www.myresellergenie.com/blog (reseller resources and tips)Get your FREE Starter Kit for Online Vintage Sellers here, with the tips, supplies, and apps you need to jumpstart your shop - http://thriftywhitney.myflodesk.com/starterkit IRS FAQ resources for small businesses:https://www.irs.gov/faqs/small-business-self-employed-other-business https://www.irs.gov/taxtopics/tc511