See The Outside Of My Home & Help Me Pick, Claw Foot Tub or Shower?

Hello Lovelies! Here’s episode three of the Endlessly Elated Hits the Burbs series. In this episode, you’ll see some of the progress that has been underway at our house + the outside of our home, where works begins next week! Lots and lots to do!

The last couple of months have been insane, but Al and I are so grateful to be able to choose every little thing that goes into our home. From full on design to what doorknobs we want, there has been plenty decision-making happening. I call it true adulting! Ha-ha! Read More

I Finally Get To Host Easter Brunch! Sharing My Tablescape!

Easter Brunch TableThis year I’ll be taking over the Easter festivities (from my mom—queen of hosting and refusing to let anyone else do it. Love you mom!) and hosting my very own Easter brunch. Bring on the celebratory cocktails! Read More

Sharing Three Tax Refund Tips! What Will You Do With Yours?

Hello Lovelies! After all of your feedback on my last TurboTax post, I started thinking, “Should I share more of my business dos and don’t with you?” I spent the better half of my career in Finance and learned some invaluable lessons that I’m certainly applying as I navigate through my entrepreneurship journey. As tax season comes to a close and we begin to think about our tax refund, the question becomes, what will you do it with yours?

Side bar: If you haven’t already filed, I will be gifting my last Turbo Tax Live gift card on Instagram so keep a close watch. This is the perfect opportunity to get those taxes filed and save some cash!

So, with that said I thought I’d first share some statistics on how people spend their tax refund and then provide some tips on some good options that will have you winning in the long run! Girl boss in full gear! According to TurboTax’s statistics, people do the following with their tax refund:

o 30% put it into savings
o 26% pay off their debt
o 15% put it towards living expenses
o 11% buy clothing or do home improvements
o 8% go on vacation
o 10% do other things

So, although I’d love to get that Chanel bag I’ve had my eye on or take Al on a fancy vacation, for me, my tax refund becomes the perfect opportunity to put more money in my pocket. Here are three tips that are perfect in optimizing your finances:

Tip #1: Pay off high interest rate debt. Doing so is guaranteed money in your pocket equal to the interest rate that you would have paid the lender. High interest rate debt is no joke and having it linger over your head can be daunting. Paying this off will not only allow you to put money in your pocket but will also provide better cash flow on an ongoing basis.

Tip #2: Don’t think about it twice and put it into an investment account. With the average S&P 500 annualized rate of return at around 10%, there is no reason to not put those dollars away and get that compounded interest year over year. Sit back and watch your money grow. In case, you are thinking savings account instead, refer to tip #3.

Tip #3: Save it. I know it’s not what you want to hear but who doesn’t need a little extra cushion. Saving it will give you piece of mind and not stressing over money is definitely a huge win in my book! Although savings accounts don’t pay out as much interest as investment accounts (hence tip #2), they are less risky and are perfectly viable options. I have found these tips to be super helpful, but truthfully if you want to splurge a little have at it. Life is short, but at the very least take a portion of your tax refund and do something that will pay off MORE than the cute shoes you (and I) adore! Until next time.

Hugs,

Kathleen

This is a sponsored conversation written by me on behalf of Intuit. The opinions and text are all mine.

#ConTurboTaxTuPuedes #ad

The Fem Think Tank Affaire is coming! A Huge Announcement And You’re Included!

Fem Think Tank EventHello Lovelies!

It’s that time again – I’m officially planning the next Fem Think Tank affaire and I couldn’t be more excited!

For those of you that don’t know what the Fem Think Tank is, then let me quickly explain. In late 2017, I announced that Endlessly Elated’s core mission would be to empower ALL women. With this, came the Fem Think Tank, an event held once a year (at least for now) where women of all ages, places and backgrounds gather for an afternoon/evening of inspiration! As the saying goes, “United we stand, divided we fall!” or as I like to say it, “Girl power is real! “ Read More

endlessly elated hits the burbs: our kitchen renovation!

Hello Lovelies!

My second episode of Endlessly Elated Hits The Burbs is finally here! Today, we’re talking all things kitchen renovation. Between the demo (only to discover that we had no kitchen framing) and the design let’s just say we’ve had our hands full. With all that said, although stressful at times it’s also been extremely rewarding. Al and I feel so grateful that we are making this house into our home and we are able to embark on this journey of home owning (which is so nerve wrecking) together. Watch on for the second episode and as we tackle the kitchen reno!

Also, if there is anything that you want to see as part of this series, sound off on the comments below. I would love to get your feedback! Super exciting!

 

Until next time.

 

Hugs,
Kathleen

Take a Seat at My Table: I Surprised My Husband!

Hello Lovelies! I’m finally launching my “Take A Seat At My Table” series! A series where I celebrate everyday life and the people in it. From family and friends to YOU (yes, you!). Read More

Four Business Deductions That Will Have Your Tax Bill Shrinking AWAY!

Turbo Tax Four business deductionsHello Lovelies!

As I mentioned a few weeks ago (see here), I’ve partnered up with TurboTax to further my mission of empowering ALL women. Whether you aspire to be an entrepreneur or are already on the entrepreneurship path, the road to finances can often be quite overwhelming. It is statistically proven that  women who are involved and in control of their finances tend to be more successful than those who are not.

So honestly, I couldn’t be more thankful to TurboTax who has provided their support in allowing me to enable more women to pursue their passions and tell fear to stick it where the sun don’t shine!

Now let’s get down to business! With tax season in full swing and given all the questions I constantly receive on managing my  business, I thought it would be beneficial to talk about four business deductions that will have your tax bill shrinking, just how we like it!

  1. Business Trips! Given that in the month of Feb/March I’m doing two business trips I thought it was only appropriate to tell you that you can deduct 100% of your business travel. Yes, 100%! Whether it’s transportation, lodging or meal expenses these can all be considered tax deductibles. So, get those receipts and make sure you claim them!
  2. Your Home office! You qualify as long as you (AND ONLY YOU) exclusively have a space (consider a room) that you regularly use for your business. Basically, as long as no personal activities happen in your home office and no one uses it, you should be able to make it a tax deductible.
  3. Ahh, the good ole’ car! Traveling to see clients? Getting in your car to get to a work meeting? Then, know that you can claim mileage, tolls and parking. My advice—get an E-Z pass just for your work related functions. This will sum up all toll expenditures. Then of course, don’t neglect to keep parking receipts and ensure to calculate your mileage!
  4. Retirement Plans! First and foremost, as entrepreneurs we are not an exception. We must plan for our retirement just like the corporate folks do via their 401Ks. Having a SEP (Self Employee Pension) allows you to lower your taxable income, making your contribution tax deductible. A win, win if you ask me!

I hope these four business deductions help you embark on your tax journey for the maximum return amount! Oh, and not to worry, if these don’t directly apply to you, one of the great things about TurboTax is that they will ask a series of questions to better understand your personal situation and find the deductions that are most relevant to you but if that weren’t enough TurboTax also provides the option to sit live with a CPA as a further resource. A complete win, win!

If there is anything you want me to cover as a next topic, sound off on the comments below.

Until next time,

Hugs,

Kathleen

Disclaimer:  This information is based on current tax laws applicable to 2017 taxes.

This is a sponsored conversation written by me on behalf of Intuit. The opinions and text are all mine.

 

My TurboTax Partnership Lands You A CHANCE To Win Free Filing!

turbotax mobile
Hello Lovelies!

I am so so excited to announce my partnership with TurboTax!

As you all know, in late 2017 I launched my digital course “Becoming An Influencer” where I taught the importance of treating our blogs/YouTube channels like real businesses. I spent eight weeks discussing our rates, our P&Ls/ROIs (I still stand by my word; if you don’t know what these acronyms stand for, we must talk!) and ensuring our bottom lines were in the green! Not to mention, empowering all of us to take full control of our finances. After all, we are girl bosses! So, when TurboTax reached out it felt like the most logical next step. Of course, sorting out our finances means making sure our taxes are done properly! It’s an obvious no brainer.

Now, let me be honest. I’ve had an accountant (whom I love!) for many years. I had also never tried TurboTax and in true transparency was a bit apprehensive. So, I asked all my questions.

My call went a little something like this:

Me: “Sounds great, but my situation is a bit more complex. See, I’m married, had a full-time job, a business and so on. I can’t do this on my own. “

Andy (whom I can’t thank enough for his patience): First of all, yes you can! You can start by creating an account on TurboTax.com or downloading the app on your phone for free and go through the simple steps. It works like an interview; you just answer simple questions about your life and TurboTax does the rest. It can’t get easier than that!!
Plus, you don’t pay until you are ready to file. If that weren’t enough reasons, now you can have access to the new TurboTax Live, where you are able to talk to a bilingual CPA or Enrolled Agent on your computer screen and they will walk you through the process, answer all of your tax questions from the comfort of your living room, and review your return before you file if you want.

I paraphrased Andy but you get the gist.

Me: “Wait, I basically get an accountant that will help me through the process and I’m able to do it from my home (In PJs with a glass of wine in hand! —I didn’t say that part but I sure thought about it. Ha-Ha).”

Andy: Yup!

So, then I did just that. I download the app on my phone, played with it numerous times (It’s actually super easy!) and (sorry, Dan! —that’s my accountant) I think this…I don’t need to trek to an office, still get to talk to a CPA and maximize my return definitely makes it worthwhile!

I’m telling you, if you haven’t already used it, you must try it. And I’m going to give you the perfect reason to do so!

Over the course of this campaign, I’ll be giving away four gift cards so that you get a chance at winning a free filing! Yup, your 2017 taxes are on TurboTax!

So, get ready because on Feb 5th, I’ll be posting on Instagram the first chance to win! I can’t wait and in the meantime, definitely download the app. I’m telling you it’s sooooo easy!

Until next time.

Hugs,

Kathleen

This is a sponsored conversation written by me on behalf of Intuit. The opinions and text are all mine. #ad ##ConTurboTaxPuedes

Endlessly Elated Hits The Burbs: Our Empty House Tour!

Hi Lovelies! It’s finally here and I couldn’t be more excited! Today, I’m sharing my first episode from my new series Endlessly Elated Hits The Burbs!

I’ll be taking you through our house and showing you the before look because over the next coming weeks, we will begin demolition and the complete renovation of our home.

Can’t wait to share this journey and I hope you follow along.

Also, because so many of you have reached out stating that you too are in the process of renovating your house, I want to see your progress. So, use the hashtag #EEseemyreno so I can take a look!

Can’t wait to see what you all have in store.

Until next time.

Hugs,

Kathleen

P.S. Don’t forget to subscribe to my YouTube channel to follow along all the fun!

Endless Eats: Gringo’s- A Mexican Taqueria With A Twist!

Hello lovelies! Welcome to another episode of Endless Eats! Today, I’m sharing my visit to Gringo’s, a Mexican taqueria with a hipster twist. This Jersey City hotspot features cocktails on tap (yup, on tap!) and a list of tacos that will have you saying they are finger licking good. If that weren’t enough Instagram selfies are a must because sombreros and maracas are available for use. So, grab your props and snap away! Read More

get elated!