If you are a freelancer in the United States you will eventually receive a 1099 form. The 1099 series of…
Taxes are the single biggest financial shock new freelancers face. When you are an employee your employer withholds federal income…
As a freelancer, you are responsible for not just accumulating retirement savings but also managing withdrawals tax-efficiently in retirement. The…
Health Savings Accounts are one of the most powerful financial tools available to freelancers. They offer triple tax benefits: tax-deductible…
Investing as a freelancer is different from investing as a salaried employee. Your income is inconsistent, you have no employer…
Tax deductions reduce your taxable income. Tax credits reduce your tax bill dollar for dollar. A $1,000 deduction saves you…
Freelancers do not have employer-sponsored 401(k) plans, but that does not mean we cannot save aggressively for retirement. In fact,…
If you are new to freelancing, estimated taxes are probably the most confusing part of your financial life. When do…
The IRS classifies gig work as either a business or a hobby. Learn the 9-factor test and why the difference can cost you thousands in tax deductions.
Every line of Schedule C explained for freelancers. Report income, maximize deductions, and avoid common mistakes on the most important tax form for gig workers.