Budget Forecasting Tool - Racer (club-level)
Are you a club-level racer that uses 1099 compensation, affiliate, contingency, donation, marketing, or sponsorship money to fund your racing endeavors? If so, this service is for you!
🐝✨
Some of these income streams are considered taxable earnings but thankfully many of your motorsport-related expenses can be tracked for deductions that reduce your tax burden. That's why budgets are so important!
They are handy tools that let us project income & expenditures over time. This data can be used to set up healthy financial workflows that support your race program & reduce unnecessary administrative frustrations so you can better focus on those race wins🥇
🐝✨
What's included:
A 20-minute kickoff call to discuss your race program
A customized calendar year forecasting tool covering expenses & income
Modifiable tools so that you can forecast different scenarios
A personalized video tutorial walking you through your custom tool
What can this budget be used for:
To strategize funding your race program
To plan out how much & when you'll need to spend money
To build confidence when making big money decisions
To estimate potential tax liabilities
What happens next:
Once purchased, you'll be contacted to schedule the kickoff call
You'll be provided with an ETA for completion (roughly 2 weeks)
Contact information will be provided for project status updates
🐝✨
If you seek on-going support & maintenance beyond the final deliverable good, actual time billed will be invoiced at $30.00 per hour (in 15-minute increments) separately. The details of these supplemental services will be discussed & engaged through a separate service agreement.
🐝✨
**This service is available for any club-level racer in the United States.
Are you a club-level racer that uses 1099 compensation, affiliate, contingency, donation, marketing, or sponsorship money to fund your racing endeavors? If so, this service is for you!
🐝✨
Some of these income streams are considered taxable earnings but thankfully many of your motorsport-related expenses can be tracked for deductions that reduce your tax burden. That's why budgets are so important!
They are handy tools that let us project income & expenditures over time. This data can be used to set up healthy financial workflows that support your race program & reduce unnecessary administrative frustrations so you can better focus on those race wins🥇
🐝✨
What's included:
A 20-minute kickoff call to discuss your race program
A customized calendar year forecasting tool covering expenses & income
Modifiable tools so that you can forecast different scenarios
A personalized video tutorial walking you through your custom tool
What can this budget be used for:
To strategize funding your race program
To plan out how much & when you'll need to spend money
To build confidence when making big money decisions
To estimate potential tax liabilities
What happens next:
Once purchased, you'll be contacted to schedule the kickoff call
You'll be provided with an ETA for completion (roughly 2 weeks)
Contact information will be provided for project status updates
🐝✨
If you seek on-going support & maintenance beyond the final deliverable good, actual time billed will be invoiced at $30.00 per hour (in 15-minute increments) separately. The details of these supplemental services will be discussed & engaged through a separate service agreement.
🐝✨
**This service is available for any club-level racer in the United States.
Are you a club-level racer that uses 1099 compensation, affiliate, contingency, donation, marketing, or sponsorship money to fund your racing endeavors? If so, this service is for you!
🐝✨
Some of these income streams are considered taxable earnings but thankfully many of your motorsport-related expenses can be tracked for deductions that reduce your tax burden. That's why budgets are so important!
They are handy tools that let us project income & expenditures over time. This data can be used to set up healthy financial workflows that support your race program & reduce unnecessary administrative frustrations so you can better focus on those race wins🥇
🐝✨
What's included:
A 20-minute kickoff call to discuss your race program
A customized calendar year forecasting tool covering expenses & income
Modifiable tools so that you can forecast different scenarios
A personalized video tutorial walking you through your custom tool
What can this budget be used for:
To strategize funding your race program
To plan out how much & when you'll need to spend money
To build confidence when making big money decisions
To estimate potential tax liabilities
What happens next:
Once purchased, you'll be contacted to schedule the kickoff call
You'll be provided with an ETA for completion (roughly 2 weeks)
Contact information will be provided for project status updates
🐝✨
If you seek on-going support & maintenance beyond the final deliverable good, actual time billed will be invoiced at $30.00 per hour (in 15-minute increments) separately. The details of these supplemental services will be discussed & engaged through a separate service agreement.
🐝✨
**This service is available for any club-level racer in the United States.