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Your Last-Minute Freelance Tax Savings Hit List

Have you filed your freelance taxes yet? If not, it’s definitely time to gather your tax documentation, maximize deductions, and use these tips to avoid costly mistakes before the April 15 deadline. While there’s plenty of questionable tax advice out…

Freelance Businesses Must File Beneficial Ownership Information Report for the Corporate Transparency Act by Jan. 1, 2025

The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, has significant implications for freelancers and all business owners. This new regulation requires most businesses to report information about their owners to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) using a Beneficial Owners Information report (BOI). This is completely separate from any…