CPA for Freelancers

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

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Yes, Virginia, You Do Have to Pay Estimated Taxes in January

Paying taxes at the start of the new year – sounds crazy right? This is the ugly truth for freelancers, Airbnb hosts, rideshare drivers, or anyone else earning 1099 income. If you earn self-employment income, you’re expected to stroke Uncle Sam a check four times a year for quarterly estimated tax payments. Not completely sure […]

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Want to Slash Your Tax Bill? Review the Structure of Your Freelance Business

Like many freelancers, you may have started out doing business “on the side” to either supplement the income you derive from your full-time “day” job or to test the waters before making the plunge into full-time self-employment. In this situation, claiming the money that you make freelancing as additional income on your personal tax return […]

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