What Can I Write Off?
Hey there!
February has come and gone, and I don’t even know how — given that January seemed to last F-O-R-E-V-E-R. But alas, here were are in the final month of Q1.
If you’ve been following along here or on Instagram, you may have heard I bought a house in January and got all moved in in February. It wasn’t the most straight forward move, as the house I’d been renting had a mold problem, so I decided to part with most of the textiles and furniture that couldn’t be cleaned.
And with that, I cleaned each piece of furniture I did decide to keep, top to bottom before I let it enter my new home. I felt like a crazy person… and… I’m still exhausted from it all. But the new house is starting to feel like home, aside from not having a couch yet because… #decisions.
Now that the personal update is out of the way… keep reading for the good stuff!
📆 Upcoming Deadlines
- March 17 - Form 1065 (Partnerships) & 1120S (S-Corps) or (extensions) due
- March 31 - 1099 MISC Due
- April 15 - Individual for 1040 & 1120 (C-Corp) tax returns (or extensions) due
BOIR Update:
On February 27, 2025, FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports until a new interim BOI reporting final rule becomes effective, and the new relevant due dates in the interim final rule have passed.
FinCEN stated that it intends to issue an interim final rule no later than March 21, 2025, which will extend the BOI reporting deadlines.
FinCEN’s announcement is available here.
đź—‚ Requests
đź›’ Please let us know if you are changing your Point of Sales / shopping carts / how you get money from customers so we know best how to handle the transactions and can integrate the appropriate systems to ensure a smooth process.
We love being looped in when you’re making money moves in your business, whether it’s hiring a new contractor/team member, upgrading a system, launching new product lines, or changing how you send or receive money. We’re here to help, so don’t hesitate to shoot us an email.
🧾 Please make sure you’re sending receipts & any statements you owe us into Hubdoc no later than the 3rd of the following month. If you need your Hubdoc email address/login info, hit reply & we’ll send it to you again!
This also eliminates the need to pester you for more information and allows us to wrap up your financials more quickly.
Not to mention, gives you audit-proof books!
🚀 Are you launching anything new or changing prices on a current course? Please let us know!
🎤 Hear Me Speak
Self StartHER Podcast - A podcast for those looking to transition out of their 9-5 to start their own business - this one airs later this month, so make sure to subscribe so you don’t miss it!
The Courage Coalition - A podcast empowering listeners to embrace courage in all aspects of life - this on also airs later this month, so make sure to subscribe!
The Podcast Moms Conference Podcast - better yet, come see me in person at the event! There are still tickets - I’ll be sponsoring - something new for me!
đź’µ Money Tip
đź’° Are You Missing Out on Business Write-Offs?
If you’re running an online business, you might be leaving money on the table by not taking all the deductions you’re entitled to. From software subscriptions to advertising costs, knowing what you can write off can make a big difference come tax time. Don’t overpay the IRS—learn what expenses qualify and how to track them properly.
🔍 Read the full breakdown here → On the Profit Conscious CEO Blog

đź’ˇ Client Spotlight
This month I’m highlighting my very first course creator client, String & Story. Right now until March 8, Free Motion Quilting & Ruler Quilting Academies are open for enrollment.
Here I am with none other than the genius behind these courses, HollyAnne, at QuiltCon last month!

đź’™ Share With A Friend
Have friends who need bookkeeping? We have 1 available space for monthly or cleanup clients starting in March.
Our favorite clients are referrals from clients like you!
That’s all for now! And as always, thank you for letting us be a part of your journey.
Serena + The Of Course Team
760.440.5102
P.S. We’re accepting sponsors for our podcast. If you’d like to get your services/product in front of a very engaged community of bookkeepers & accountants (or know of someone who should), click here for info.
OCF Client Newsletter
Monthly announcements, financial deadlines, and money tips for our clients!
Responses