Tom Smery

Tom Smery is a certified CPA for over a decade. In his free time, he writes articles to pass on his expert knowledge on taxes and accounting. Thomas has a wide range of deep knowledge on 1099 taxes, and finance topics. You can find him fishing when he is not preparing taxes for his clients or writing about accounting.

Taxes

If you are a business coach or business owner, this guide will go over if coaching fees are tax deductible. We'll go over what you could and could not deduct from your tax bill as well.

Finding work

Review these 5 types of life coaching questions to ask each of your new clients. It'll give you some clarity on what they need and who they are so you can better help them.

Finding work

If you need a life coach questionnaire to use for onboarding new clients, Bonsai can hook you up. We'll breakdown a list of questions you should ask new clients to onboard them and understand their goals.

Financial Management

Read this PPP loan forgiveness guide to get your debt written off in 2024. We'll go through all the requirements to qualify for this deduction and what you can do to better track your deductions.

Financial Management

If you are opening up an LLC, you'll need to create a designated business bank account for your operation. In this article, we'll show you 8 reasons why it is a perfect idea to have a separate bank account for your LLC.

Business structure

A sole proprietorship or a single member LLC? What are the differences? Well, in this article, we'll review the pros and cons of each so you know what the best decision is for your business.

Financial Management

If you are a freelancer wondering when you should set up a business bank account, read this. We'll talk about why a business account is important for your business and why you should create one.

Taxes

If you are a business owner or independent contractor, keeping your receipts for taxes is a must. You'll need to know which receipts to store, how long to keep them and the best way to stay organized during tax time.

Taxes

If you are self-employed worker in California, you'll need to pay quarterly taxes. In this guide

Taxes

If you are looking for tax deductions you qualify for as a landscaper, you are in the right spot. Read here about all the write-offs you can claim to save money on your taxes.

Business structure

What are the requirements to make an LLC? Well, in this article, the team at Bonsai will break everything you need to know in order to start an LLC. From the requirements to the business name to the articles of incorporation.

Financial Management

There are many reasons why you should reconcile your bank statements. From fraud protection to avoiding jumbled books from human error, we'll break down all the reasons why you should consistently reconcile our bank accounts.

Taxes

In this post, learn how to separate business and personal taxes, why it's important, and the steps to take.

Financial Management

Try Bonsai's free self-employment ledger template to track/organize your income and expenses. Our free template will help you stay organized and we'll let you in on an automatic way to track all of your self-employment earnings.

Client Management

Review the 5 most common types of contracts for construction work here. We'll go over each one and show you a way to quickly customize a legally reviewed agreement and get your business deal off the ground.

Start a business

Why should you pursue a career in architecture? The team at Bonsai will break down all the reasons why you should become an architect and give you tools to start your freelance career.

Start a business

If you are a graphic designer looking to start your own business, listen up. In this article, we'll show you all the things you need to do in order to get started and all the pitfalls to avoid. Our guide will put you on the right foot to taking off.

Finding work

If you are looking for new coaching clients, read this guide on tactics (that only take 15 minutes a day!) to try. We'll go over these small tasks that can reap a big reward by bringing in new clients.

Financial Management

If you are a self-employed individual, you'll need to prove your income to take out loans to determine your qualifications to make payments over time. In this article, we'll go over all the IRS-approved methods to prove your income to banks.

Financial Management

What is a virtual debit card? Are they the future? In this article, we'll break down exactly what a business bank account is and all the little perks you can get by using an online account. Plus, we'll introduce you to the best virtual debit card on the market.

Taxes

If you are a freelancer in California, then pay close attention to this tax guide. It'll walk you through everything you'll need to know about properly filing your independent contractor taxes.

Taxes

If you are a high income earner, pay close attention to these tax saving strategies so you can lower your tax bill and how much you'll owe Uncle Sam. We'll review everything from donations to investments.

Time tracking

If you are an architect looking for a time tracking software to record your hours worked on a project, try Bonsai. Bonsai's fuss-free software allows for easy time tracking and more.

Taxes

If you are a Lyft 1099 driver, you'll need to know how to file your taxes at the end of the year. When you do it right, you can save a ton of money. If you do it wrong, you can pay fines and penalties. Read our guide to stay on top of your taxes.