How to Calculate Your Quarterly Taxes as a Freelancer
Tax season is a freelancer’s least favorite time of year.
TAX HACKS
Unemployment and Filing Taxes: How Does it Work?
Other than virtual meetings, email, and phone calls, it seems the COVID-19 pandemic has reshaped almost every other way business is being conducted. As the economy continues to bounce back from a six-month-long shakeup unlike any decline ever witnessed, many individuals have been left on the unemployment line. In the case of freelancers, the downturn ...
Three Big Tax Deductions Freelancers Shouldn't Ignore
Everybody knows by now that the deadline for filing 2019 income taxes has been moved to July 15, 2020, due to the global coronavirus pandemic turning everything upside down. That means you have a little bit of extra time to get your documents in order and go over your return with a fine-tooth comb. If ...
What is a W-9 and When Do You Need One?
Ahh, taxes. Not the most fun subject. Taxes can be complex but not as hard as you may think. And fortunately, there is a lot of help out there. As a freelancer, you may receive a W9 form from your clients. What is a W9? A W9 is a form from the Internal Revenue Service ...
AND.CO vs. PayPal: Why AND.CO Wins
For freelancers, managing your invoicing and payment is one of the biggest headaches. Since you work with multiple clients, it’s challenging to have everything in one place and keep track of things like processed payments, pending payments, and projects you haven’t invoiced. That’s where payment and invoicing platforms like PayPal enter the picture. With almost 300 ...
Doing Taxes Yourself? Choose these Top 5 Tax Platforms
There’s a variety of ways to do taxes on your own, especially online. With how fast and convenient online tax platforms are, there isn’t a better option nowadays unless you complete them by mail or in person. However, doing them by mail creates opportunities for making mistakes, whereas hiring someone to do your taxes for ...
Should You Save Your Receipts as a Freelancer?
If you’re reading this blog, you’re probably a self-employed freelancer, solopreneur, etc, and you really like making money. *raises hand 🙋♀️ Well, making money and saving it come tax time. *raises hand again 🙋♀️ But then comes the 1,000 tiny details you need to track and organize throughout the entire year… Which expenses should I ...
Important Tax Deductions for Freelance Writers
When you started your freelance business, you never thought you would have to be a Sales person, an accountant and a tax lawyer at the same time right? It is important to understand what can be deducted from our taxes, to make sure not to leave money on the table! As freelancers, our tax situation ...
Taking the Fear Out of Filing Your 2019 Tax Return
Filing your taxes doesn't have to be scary. Here are a few tips to make the process easier this year.