Free IPS Class
  • Back to Blog

This 10 Minute Task Will Save You at Tax Time

this 10 minute task will save you at tax time with men on computers

The holidays have passed, the decorations are back in boxes (maybe…) and the excitement of the new year is still fresh in our minds.

But before you shift your focus entirely to the new year, let’s take a couple of steps to wrap up last year and, in doing so, make April 15  a much less stressful time for you.

Yeah… we’re talking about taxes. Gross, right?

Below are a couple of things you should do in Swift Galleries right now to prepare for your taxes.

Recommended Reading: Learn how The Printmaker System makes it simple to switch from Shoot-and-Burn to In-Person Sales

Export Your Sales Report

The Sales Report should give you most (if not all) of the info your CPA will need with regard to what you’ve sold with Swift Galleries.

This includes:

  • Cost of Goods Sold
  • Discounts that Were Applied
  • Shipping
  • Taxes Applied
  • Processing Fees

With these, your CPA should be able to determine your income and expenses (and COGS) for all of your wall art sales.

Recommended Reading: Photography Print Pricing for the Mathematically-Challenged

Here’s how you get your Sales Report:

From the Dashboard, click on Reports, then Sales Report (or just click here)

1

Change the Date Range to January 1, (last year) – December 31, (last year)

2

Click either the CSV of Excel Button to download.3

Print All Your Previous Year’s Invoices

If you don’t have access to the invoices that were sent via email, you’ll also want to grab those and print them all for your tax person.

Here’s how to access your past invoices in Swift Galleries:

From your Dashboard, click on Your Subscription, then View All Invoices (or click here).4

Click into the individual invoices to view and print. If you’re on a yearly subscription you’ll only see one (see below image); if you’re on a monthly subscription you’ll see around 12 invoices for the previous calendar year.

5

And that’s it!

With just 10 or so minutes worth of work, you can breathe easy that you have what you need to do your taxes when it comes to last year’s wall art sales!

Wait… You’re Not a Member?!?

You’re not a Printmaker System member? Crazy-talk!

Swift Galleries wall art design and Path to Printmaker course to switch from shoot and burn displayed on a phone laptop and tablets

It's cool... this one's on us.

Start Your Free Trial

100% free trial. No commitments. No credit card. (No, really.)

Questions about any of this? Leave a comment below!

PrevPreviousVideo Tutorial: Installing Multi-Image Wall Galleries
NextThe #1 Wall Art Sales Killer Every Photographer Needs to AvoidNext

Questions? Comments? Haikus? Leave 'em here!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Reading

How To Deal With “My Clients Only Want The Files” Once And For All…

Read More »

A Simple Strategy For Consistently Hitting Your Photography Sales Goals

Read More »

Stop Chasing Photography Clients and Do THIS Instead

Read More »
Learn The 4-Step Framework For $10,000+ Print Sales
Learn Now

© 2016-2020 Swift Galleries, LLC dba The Printmaker System

Youtube
Facebook-f
Pinterest
Spotify
Instagram
Twitter
Product-hunt

Wait! Have you entered this Month's Giveaway yet?

Enter The Giveaway ($511 Value)!