Finances & Taxes for Freelancers
Learn how to manage your finances and save for taxes so you can grow your business
Should You Add Tax to Your Freelance Project Invoices?
You may need to apply sales tax to your invoices when selling products, but you can't just arbitrarily add a tax to your invoices in an attempt to pass your income tax burden onto…
How To Maximize Passive Income As A Freelancer
Passive income sources like stocks, crypto investments, rental properties, and content creation can offset the financial risks of freelancing
How Do Taxes Work When You’re a Freelancer?
When you're a freelancer, taxes become much more complicated. In this article, I'll explain everything you need to know about freelance taxes in the implest way possible.
Are You Financially Prepared to Quit Your Day Job?
Before you quit your day job and leap into full-time self-employment, make sure you have control of your savings, debts, workspace, potential clients, and your price rates.
How to Navigate Net Payment Terms on Your Freelance Projects
Many companies use a financial technique called net payment terms which are difficult for freelancers to accommodate. Here's how to handle them like a pro.
5 Common Financial Mistakes Freelancers Should Avoid
As a freelancer, it can seem easy at first to run your business without money management, but in the long-run, a lack of financial awareness or organization can spell ruin for your business.
Creating a Financial Foundation for your Freelance Career (A Step by Step Guide)
When it comes to setting up a freelance business, no matter the industry you work in, creating a financial strategy is vital to both your business’ survival and your own personal finance.
Why I Switched from 1099 to S Corp (and How It Impacted My Freelance Business)
Forming an S-Corp can offer massive tax savings, legal protection, and improved client perception for freelancers and independent contractors.
What Do You Need to Start Freelancing, Legally?
What are the minimum legal requirements to start freelancing? You don't need contracts, tax forms, or a legal business entity. Just pay your taxes!
How to Structure Your Bank Accounts for Massive Financial Success
As a freelancer, getting paid is at the top of the priority list. But what do you do with the money once you have it? It's time to structure your finances.