A Freelancer’s Year-End Tax Checklist
The deliberate moves worth making before December 31 — from adjusting estimated payments to timing income, expenses, and retirement contributions.
The deliberate moves worth making before December 31 — from adjusting estimated payments to timing income, expenses, and retirement contributions.
A plain-language breakdown of what self-employment tax is, how it’s calculated, and how it fits alongside quarterly estimated payments.
A clear breakdown of who qualifies for the home office deduction, the two ways to calculate it, and the mistakes that most often cause problems.
How tax withholding, self-employment tax, and deductions differ between 1099 freelance income and traditional W-2 employment.
A practical checklist of tax deductions freelancers and self-employed workers commonly overlook, from home office and health insurance to mileage and retirement contributions.
If you work for yourself, no one is withholding taxes from your income the way an employer would. The IRS still expects to be paid throughout the year, which is why freelancers, gig workers, and other self-employed people generally have to make quarterly estimated tax payments. Here’s how the system actually works and how to … Read more