Is Your Freelance Side Hustle a Hobby or a Business? Use This Checklist to Determine Your Tax Obligations
As the end of the year approaches, it’s key to make sure that you are keeping your records up to date in regard to all
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It’s the Final Countdown for Extended Freelance Tax Returns Don’t Miss It the October 17 Deadline!
Did you run short of time last April when the regular tax filing deadline came? Hopefully, it was a rare occurrence and you took the
Are You Facing Failure-to-File Penalties for Your Freelance Taxes? The IRS Just Announced Relief for 2019 and 2020 Penalties
The IRS just announced that it will automatically provide relief from failure-to-file penalties including a broad range of tax and information returns for 2019 and
The New Student Debt Relief and Your Taxes: What Freelancers Need to Know
There has been lots of talk about student loan forgiveness recently, especially after the past two years of Covid chaos which had a negative financial
Four Key Tax Changes for Freelancers in the New Inflation Reduction Act
The Inflation Reduction Act (IRA) was passed by the U.S. senate and signed into law this month. When this happens, there will be some notable
Traveling for Your Freelance Business? Don’t Let Tax Deduction Details Trip You Up
Business travel expenses can provide a freelancer with significant business expense deductions. However, deductible business expenses are subject to numerous rules which must be carefully
Scaling from Solopreneur to an S-Corp?
If your freelance business is on a significant growth trajectory, congratulations! All of your hard work is paying off, and you may be considering switching
Worried About the Impact of Inflation on Your Freelance Business? Here’s What You Need to Know to Avoid Higher Tax Bills
With all of the news coverage about inflation, it is hard not to think about where the economy is going and, for those of us
Is Rental Real Estate Part of Your Freelance Income?
Here’s What You Need to Know About Related Losses Many self-employed individuals and freelancers invest in rental real estate properties to supplement their income or
Tax Deductions Are Few for Pro-Bono Freelance Work, Get in the Know
Like many freelancers who are good at what they do, you likely get approached by not-for-profit organizations (or friends who work for them) to provide
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