If you're a self-employed individual, paying taxes on your income is a little different than if you were employed by someone else. When you're self-employed, you're responsible for filing your own tax returns, and so you should have a better understanding of tax codes than most. For example, …
Self-employment Articles and Interviews (tag)
Maximize Your Tax Deductions: Everything You Should Know about Mileage Deductions for the Self-Employed
When you are self-employed, you can deduct your mileage expenses for driving for your business. Mileage deductions can be overlooked, but every cent matters when tax time comes! And, at a rate of 56 cents per mile for 2021, it would be a mistake not to claim it. If you use a car solely for …
Are You Self-Employed? How to Handle Your Finances Better
As a small business, you may not have an accounting team to take care of your finances for you, which puts you in charge of this massive responsibility. Because of this, you should take a look at these tips for handling finances more effectively, whether you’re a solo business owner or a …
Smart Career Choices if You Want to Be Your Own Boss
Being your own boss definitely has its perks. It allows its practitioners to set their own schedules, have more control over their income, and have more control over the kind of work they take on. No one tells them what to do, where to go, what to wear, etc. Being your own boss allows people to …
How to Survive as a Freelancer
According to a study conducted by Freelancers Union and Elance-oDesk, one of the most well-known freelance job platforms today, approximately one out of every three U.S. workers currently operates in some type of freelance capacity. This is approximately 53 million people in total, a number equal to …
Self-Employed with a Boss?
Our ideas of self-employment often involve the image of being our own boss. That we don’t work for someone else and their bottom dollar. It is true that when we are self-employed, we aren’t working to help a CEO make more money. But we still have “bosses”. Every customer and every client we take on …
