5 Tips for Taxes as a Freelancer

freelance-taxes-compass

Remember: You must be logged in to mark articles complete. If you don't have an account yet, get a free one here.

While freelancing can have a large numbers of benefits and upsides, one thing that’s a big trickier to deal with as a freelancer is taxes. They aren’t deducted from your check automatically, so you have a lot of figuring up to do on your own come tax time.

Fortunately, the article below is here to help. It goes through five basic but important aspects of dealing with taxes as a freelancer one at a time, offering plenty of advice to help make taxes a less stressful time of year for your freelance business.

Most people that receive a salaried paycheck are probably less interested in taxes than the average freelancer. If you’re self-employed, taxes can get really interesting because paying Uncle Sam is something that you must plan for, not something that happens automatically. If you don’t, you run the risk of being hit in the face at tax time with a big debt. Like I was.

While I’m not an accountant, I’d like to share some of the things I’ve learned about the U.S. tax system and the real price of existing within the gig economy.

Read full article: Know these 5 basics about freelance taxes

Leave a Reply

You have to agree to the comment policy.

Your #1 source for making money with WordPress!

Get a roundup of the most valuable articles to make more money with WordPress.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Join  12,736  others learning to make more money with WordPress!

Get Credit for Learning
& Track Your Progress

Join ProfitPress FREE (limited time offer!) to improve your skills & earn more money with WordPress.

Your #1 source for making money with WordPress!

Join  12,736  others learning to make more money with WordPress!

Latest Articles

Latest Posts