The ultimate tax guide for freelancers

irs publicationsFrom the Freelancers Union – Lindsay Van Thoen put together a guide for freelancers and self-employed workers that includes links to other source with additional information.  She writes:  

Basics

For first-timers and I-just-kind-of-fell-into-this freelancers:

How to set up your business and pay taxes

How to read your 1099 and other FAQs

7 Tax tips for first time freelancers

Sole proprietorship? LLC? S Corp? How to pick what’s best for your business & taxes

Deductions

Also known as “the only good thing about self-employment taxes,” deductions help reduce your taxable income:

The ultimate tax deductions guide

Turn business start-up costs into your tax advantage

The skinny on home office deductions

Deadlines

April 15 is no longer the only date you need to remember. Most freelancers have to pay quarterly taxes — so you have to send a check to Uncle Sam on April 15, June 15, September 15, and January 15.

Quarterly tax guide

So you’re thinking about not paying your taxes…”

 

Read the full story at The ultimate tax guide for freelancers

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