CPA for Freelancers

Taxes, Accounting, & Business Advice for the Self-Employed

Sign up for NewsBook an AppointmentContact

Blog

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 2020 tax years. This could be good news if you did not file your taxes for these years. If you have already paid the penalties, the IRS will also automatically […]

Read More
Cashing In on Crypto? Getting to Know HIFO! It Can Save You Significant Tax Dollars

If you are holding bitcoin in your virtual currency portfolio, you need to be aware of the HIFO (highest in, first out) tax loophole which could save you significant amounts of cash by reducing your tax burden on cryptocurrency capital gains. Here Is How HIFO Works for Bitcoin and Other Virtual Currency Investments: As you […]

Read More
Is the IRS Backlog Affecting Your Freelance Business? This Advice Can Save You Headaches and Hassles

Although it is almost the midpoint of the tax filing season for 2021 returns, the IRS is lagging seriously behind on processing 2020 returns, to the point that the delay in processing returns from prior years and issuing refunds is so dire that many freelancers and business owners have been waiting to resolve their IRS […]

Read More
The 2022 Freelancer’s Guide to Gig Economy Taxes

The gig economy is gearing up and if you have been a freelancer for any length of time, you are helping to drive it forward. Congratulations on your success! However, it is critical not to lose sight of the tax obligations that come with operating as an independent contractor or freelancer in the gig economy, […]

Read More
The 2022 Freelancer’s Guide to Gig Economy Taxes

The gig economy is gearing up and if you have been a freelancer for any length of time, you are helping to drive it forward. Congratulations on your success! However, it is critical not to lose sight of the tax obligations that come with operating as an independent contractor or freelancer in the gig economy, […]

Read More
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram