# Newbie! What do I need to do my taxes? **URL:** \ **Category:** Beginner's Questions\ **Created:** [February 28, 2025, 2:46pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528 "2025-02-28T14:46:21Z")\ **Posts on this page:** 10\ **Page:** 1
**Author:** ![nelsonnotarytn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/nelsonnotarytn/32/33877_2.png) [@nelsonnotarytn](https://forum.notarycafe.com/u/nelsonnotarytn)\ **Post date:** [February 28, 2025, 2:46pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/1 "2025-02-28T14:46:21Z")
Hi, this will be my first year to turn in taxes based on my notary business. Do I get revenue pwk from each signing company that I contracted with? If so, do I have to request it or is it sent automatically? I’ve not gotten anything from anyone so far and I had signings with about 9 different companies last year. Thank you in advance. ---
**Author:** ![cNsa5](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/cnsa5/32/33381_2.png) [@cNsa5](https://forum.notarycafe.com/u/cNsa5)\ **Post date:** [February 28, 2025, 2:57pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/2 "2025-02-28T14:57:43Z")
@nelsonnotarytn **Welcome to the Notary Cafe forum!** 🎉 Excellent question! _ **Here are a few helpful tips:** _ - As a _ **Business Owner,** _ you’ll want to reach out to your professional tax accountant/Certified Public Accountant [CPA] for this type of query for your business to ensure that you make the _ **best decision.** _ - In addition, you’ll want to review the data available on the IRS website: > **[Instructions for Forms 1099-MISC and 1099-NEC (04/2025) | Internal Revenue...](https://www.irs.gov/instructions/i1099mec)** Specifically, the Section _ **“Specific Instructions for Form 1099-MISC”** _ that identifies if an independent contractor earns revenue of $600 (_or more_) a 1099 should be created for them. - Also, there is immediately available information found within the **Notary Cafe** database on this topic. This information is a GOLDMINE! Most members express that they find it _ **difficult/NEARLY IMPOSSIBLE to locate** _ the **Search** Function in order to access the wealth of information available within the database. To be helpful, I’ve inserted an image for you & others [_see below_] to help members locate it to unlock the wisdom & knowledge of other members on the forums. ![image](https://canada1.discourse-cdn.com/flex034/uploads/notarycafe/original/3X/f/a/faa1219d42c273b842e688ce23887380e592596c.png) I’ve performed a cursory **Search** on your behalf and the results show **50+ separate** threads (_in addition to yours_) about this particular topic. There is a plethora of data immediately available on the threads within **Notary Cafe.** ✨🌷 [http://forum.notarycafe.com/search?q=%22taxes%22](http://forum.notarycafe.com/search?q=%22taxes%22) ====== _ **Accessing the database to locate information about potential clients has saved many of us an inordinate amount of time ‘chasing’ payments for Services professionally provided to potential non-payers . . .** _ 👑 🦢 ---
**Author:** ![Arichter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/arichter/32/35077_2.png) [@Arichter](https://forum.notarycafe.com/u/Arichter)\ **Post date:** [March 1, 2025, 1:39pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/3 "2025-03-01T13:39:31Z")
1099s are not required until the amount is $600, but a few will send it for lesser amounts. Regardless, do your taxes based on YOUR records. You may deduct your fee/notarization from SE taxes only, but doing so WILL decrease future SS amounts. ---
**Author:** ![cfletcher](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/cfletcher/32/33399_2.png) [@cfletcher](https://forum.notarycafe.com/u/cfletcher)\ **Post date:** [March 2, 2025, 11:39pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/4 "2025-03-02T23:39:21Z")
cNsa5 stated “ professional tax accountant/Certified Public Accountant [CPA”, best answer for any tax concerns. Next you need a good record keeping system for tax purposes, I found out about CloseWise ([https://www.closewise.com/](https://www.closewise.com/)) and switched from notaryassist that I used for the past 10 years. Having a good management tool for administrative, taxes and record keeping is essential for our notary business. ---
**Author:** ![NobleInk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/nobleink/32/35965_2.png) [@NobleInk](https://forum.notarycafe.com/u/NobleInk)\ **Post date:** [May 23, 2025, 10:22am UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/5 "2025-05-23T10:22:20Z")
Hi Carl, Nice to meet you. Do you use the paid CloseWise service? If yes, is it their Beta + version with the Website, or are you just using the 10/mo option? I see you are in Florida, just for comparison, what rates are you using for Refi, Seller, and RON (if you don them) transactions? Thanks, Misha ---
**Author:** ![johnsonps306](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/johnsonps306/32/35090_2.png) [@johnsonps306](https://forum.notarycafe.com/u/johnsonps306)\ **Post date:** [May 23, 2025, 1:47pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/6 "2025-05-23T13:47:43Z")
I use an Excel Spreadsheet for all mileage and expenses. I save receipts in a file. I haven’t had any problems with taxes. But I save where I can, so don’t spend on the various programs available. ---
**Author:** ![NobleInk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/nobleink/32/35965_2.png) [@NobleInk](https://forum.notarycafe.com/u/NobleInk)\ **Post date:** [May 23, 2025, 2:09pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/7 "2025-05-23T14:09:59Z")
I have a little bit different situation. But managing excel is a chore. Its doable, I’ve done it for years. However, to make automations work you need deep excel knowledge and understanding of macro. I like automated invoicing, reminders, integration with mobile, team, brand building, scheduling, etc. They told me they have a Beta + for 27 per month that I can try. In response I sent a list of questions, we’ll see what kind of responses I get ---
**Author:** ![johnsonps306](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/johnsonps306/32/35090_2.png) [@johnsonps306](https://forum.notarycafe.com/u/johnsonps306)\ **Post date:** [May 23, 2025, 2:18pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/8 "2025-05-23T14:18:59Z")
I guess I’m old school. LOL. ---
**Author:** ![cfletcher](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/cfletcher/32/33399_2.png) [@cfletcher](https://forum.notarycafe.com/u/cfletcher)\ **Post date:** [May 23, 2025, 2:20pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/9 "2025-05-23T14:20:15Z")
@NobleInk I subscribed to the $27 level on the site and I think their system works great. It has tons of neat bells and whistles too. Like you know, for GNW and loan signings, the marketplace is a dogfight. My rates are set up to fit my business model, so they might not work for your business. ---
**Author:** ![NC\_Mike](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/nc_mike/32/54_2.png) [@NC\_Mike](https://forum.notarycafe.com/u/NC_Mike)\ **Post date:** [August 21, 2025, 2:20pm UTC](https://forum.notarycafe.com/t/newbie-what-do-i-need-to-do-my-taxes/50528/10 "2025-08-21T14:20:23Z")
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