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Freelancer's Union
Freelancer's Union Tax & Business Articles
By Jonathan Medows, CPA
2024
- Post-Election Tax Updates: Potential Changes Which May Impact Your Freelance Business
- Major Tax Changes Coming in 2025: What Freelancers Need to Know
- Freelance Businesses Must File Beneficial Ownership Information Report for the Corporate Transparency Act by Jan. 1, 2025
- Freelancers with Unfiled Tax Returns May Pay Hefty Fines Under New IRS Back Tax Collection Initiatives
- Can Your Freelance Business Weather the Storm? Here’s Why Business Preparedness Matters!
- Freelance Tax Return on Extension? Avoid IRS Penalties by Filing by the October 15 Deadline!
- Updated Rules on Corporate Transparency Act Reporting May Impact Current and Former Freelance Businesses
- Not Just for Kids! Know How to Leverage New York State 529 Education Savings Plans for Your Freelance Business
- Beware of Scams Related to the Corporate Transparency Act and Beneficial Ownership Information for Your Freelance Business
- Your Freelance Taxes May Increase with Student Loan Forgiveness Key Facts About Freelance Taxes and Student Debt Relief
- Freelance Business Requirements Under the Corporate Transparency Act
- New Corporate Transparency Act for New York State Requires Freelance Business Owners to File Additional
- Filing Your 2023 Freelance Taxes? Take Note of These Inflation Reduction Act Adjustments to the Standard Deduction
- Did You Receive a Subsidy from a Health Insurance Exchange? Here’s How to Report It on Your Freelance Taxes
- Updated Worker Classification Rules Which May Affect Freelance Businesses
- Dealing with Cryptocurrency in Your Freelance Businesses? Quick Tips on Filing Form 8300, Report of Cash Payments Over $10,000
- Get Your Freelance Tax Information Ready Now! The IRS Announces Tax Return Filing Starts Jan 29, 2024
- Do You Owe Pandemic-Era Freelance Taxes? IRS 2020 and 2021 Penalty Relief May Reduce Your Tax Burden
- Key Tax Changes Every Freelance Business Owner Should Know for Tax Years 2023 and 2024
2023
- Decreased 1099-K Reporting Thresholds in 2024 May Increase Your Freelance Tax Obligations
- Unfiled Freelance Taxes and Foreign Accounts? The IRS OVDP and Streamlined Procedures May Offer Relief
- New Per Diem Rates Effective October 1, 2023 May Affect Your Freelance Business Travel Expenses
- How the Business Energy Investment Tax Credit (ITC) Can Benefit Freelancers
- Summer Travel 101: Tax Deductions for Your Freelance Business
- The IRS Needs to Know About Your Crypto – Here’s How to Report It on Your 2022 Freelance Tax Return
- 10 Not-to-be-Missed Deductions for Your 2022 Freelance Taxes
- Hardship Accommodation Plan for Economic Injury Disaster Loans May Help Your Freelance Business Cash Flow
- Freelancers with Crypto Income: Get Up to Speed on New IRS Guidance and Reporting Requirements for Digital Assets
- Breaking News on Payment Platform Tax Reporting: The IRS Delays $600 Reporting Threshold for 1099-Ks
2022
Use This Checklist to Make Your Freelance Tax Filings Easier. Dec 22, 2022
Reduce Your Freelance Tax Bill with These Top Year-End Deductions. Dec 6, 2022
How to Use Capital Losses to Reduce Your Freelance Tax Bill. Nov 28, 2022
Is Your Freelance Side Hustle a Hobby or a Business? Nov 14, 2022
- IRS: Hurricane Ian Victims in Florida Qualify for Tax Relief; Oct. 17 Deadline, Other Dates Extended to Feb. 15
- Worried About the Impact of Inflation on Your Freelance Business? Here’s What You Need to Know to Avoid Higher Tax Bills. July 6, 2022
- Is Rental Real Estate Part of Your Freelance Income? June 16, 2022
- Tax Deductions Are Few for Pro-Bono Freelance Work, Get in the Know. June 6, 2022
- Suddenly Self-Employed? Key Tips for Combining W-2 & 1099 Income. May 11, 2022
- Tax Day is Coming! Can’t Make the April 18 Deadline? April 11, 2022
- Crowdfunding for Your Freelance Business? Be Prepared to Report and Pay Tax on the Contributions. April 4, 2022
- Cashing In on Crypto? Getting to Know HIFO! March 31, 2022
- Freelance Businesses Claiming the Employer Retention Credit Now Face an Increase in Taxable Income. March 16, 2022
- Is the IRS Backlog Affecting Your Freelance Business? March 10, 2022
- Freelance Tax Tips, Traps, and Timelines for the 2022 Tax Year, February 21, 2022
- The freelancer’s guide to gig economy taxes. January 19, 2022
- What’s new for freelancers in tax year 2022? January 11, 2022
2021
- Owing back taxes doesn’t have to mean missing out on a refund. December 22, 2021
- Getting serious about crypto? The IRS is watching. November 19, 2021
- The Employee Retention Credit may be ending early. November 10, 2021
- A Proposed Tax Compliance Law Could Put Freelancers Under the Microscope. October 26, 2021
- A Freelance Business Owner’s Guide to Cryptocurrency. October 13, 2021
- FBAR Relief Now Available to Victims of Recent Natural Disasters Until December 31, 2021
- IRS Extends Tax Deadline for Freelancers in NYS, NJ, and PA Affected by Hurricane Ida, September 15, 2021
- New tax credit helps New York restaurant owners staff up, August 13, 2021
- A new PPP forgiveness process is here (and it’s so much easier), August 2, 2021
- Should freelancers opt in to New York’s new pass-through entity tax?, July 19, 2021
- Can freelancers get the employee retention tax credit?, July 8, 2021
- How freelance taxes work with peer-to-peer payment services, June 8, 2021
- Request PPP forgiveness before it’s too late, June 2, 2021
- I paid too much tax on my unemployment benefits. Now what?, May 18, 2021
- What to do if you can’t pay your taxes on time, May 10, 2021
- Your last-minute freelance tax deductions checklist is here, April 28, 2021
- COVID-era business meal deductions could take a bite out of your freelance taxes, April 13, 2021
- More IRS deadlines are extended to May 17, April 5, 2021
- Already Filed Your Taxes? Here’s When to File an Amended Return, March 26, 2021
- The federal tax deadline has been extended, March 19, 2021
- A window of opportunity for freelancers who need PPP funds just opened, February 24, 2021
- 9 COVID-related deductions and credits that could lower your freelance taxes, February 22, 2021
- How to claim COVID sick leave on your freelance taxes, February 10, 2021
- A new tax rule can even the playing field for up-and-down freelance income, February 2, 2021
2020
- How the new relief bill will affect your taxes, December 22, 2020
- A new Form 1099 is coming, December 14, 2020
- How PPP forgiveness will affect your taxes, December 7, 2020
- It’s always the right time to plan for your freelance retirement, November 9, 2020
- The self-employment tax wage threshold has risen. Here’s what that could mean for your 2020 tax burden., October 20, 2020
- New rules for PPP loans make forgiveness easier for freelancers, October 13, 2020
- Understanding new IRS rules about deducting meals and entertainment, October 7, 2020
- Did you file a tax extension? It’s almost time to pay., September 16, 2020
- Do you have to pay income tax on unemployment benefits?, August 24, 2020
- Moved temporarily? Here’s how it could affect your taxes., August 17, 2020
- What Saturday’s executive order could mean for freelancers, August 10, 2020
- A new PPP update could increase your loan forgiveness to 100%, June 22, 2020
- The hidden ways the CARES Act can improve your cashflow, June 8, 2020
- To get a PPP loan forgiven, you’ll need to ask, May 5, 2020
- How PPP forgiveness can turn a loan into a grant, April 20, 2020
- Everything you need to know about the federal stimulus payments, April 6, 2020
- The IRS is offering a host of new tax relief measures, March 27, 2020
- How freelancers can claim paid sick leave in a coronavirus emergency, March 23, 2020
- The tax due date has changed, March 19, 2020
- How to file your taxes if you own cryptocurrency, March 17, 2020
- What’s new this tax year?, February 25, 2020
- 4 reasons to file your freelance taxes early (and when you should wait until Tax Day), February 5, 2020
- These deductions could trim your freelance taxes by 20% or more, January 8, 2020
- New tax rules may make your retirement savings more secure, January 3, 2020
2019
- Catch these year-end freelance tax deductions before the ball drops on New Year’s Eve, December 13, 2019
- What your health insurance decision means for your taxes, November 26, 2019
- The tax gift every freelancer should give themselves before December 31, November 21, 2019
- If you dream of turning your hobby into a freelance business, know the tax reality, November 11, 2019
- Get ready to claim virtual currency on your freelance tax return, October 21, 2019
- Updated IRS per diem rates may impact your freelance expenses, October 7, 2019
- Who knew? Reward points and rebates may increase your freelance tax bill, October 3, 2019
- Avoid tax season surprises! Check out the IRS’s freelancer-friendly estimated tax tool, September 9, 2019
- Good tax news for freelancers! The IRS is automatically waiving 2018 estimated tax penalties, August 19, 2019
- The IRS is targeting taxpayers who deal in cryptocurrency, July 29, 2019
- Two ways to get a handle on your freelance travel expenses, July 23, 2019
- Freelancers, your state may still charge you for not having health insurance, July 9, 2019
- Taking on international freelance work? Learn the language of foreign taxes, June 11, 2019
- These education-related tax deductions are available for freelancers, June 3, 2019
- Selling your home? It could reduce your freelance taxes, May 29, 2019
- FSmall Business Week reminder: Check your estimated tax payments, May 9, 2019
- Thinking about buying an electric car? It may benefit your taxes, April 24, 2019
- Breaking freelance tax news: the IRS lowers safe harbor threshold, March 25, 2019
- Know these tax exemptions, deductions, and credits before you file, March 22, 2019
- Know these tax reform facts before you file, March 4, 2019
- How freelancers can maximize the 20% pass-through tax deduction, February 26, 2019
- How divorce and other legal proceedings might impact your taxes this year, February 19, 2019
- 10 freelancer deductions you won’t see this tax season, February 4, 2019
- If you sell in New York, you may have to collect and pay taxes, January 28, 2019
- Freelancers may get a late break on tax penalties, January 21, 2019
- Just in! NYC freelancers might see some reprieve from tax reform this year, January 13, 2019
- Don’t miss this key deadline for W-2s and 1099s, January 7, 2019
2018
- Make your charitable contributions work double-time this holiday season, December 26, 2018
- Take advantage of these 8 tax-saving gifts for freelancers before the year ends, December 24, 2018
- Take advantage of these 8 tax-saving gifts for freelancers before the year ends, December 18, 2018
- Mortgage interest and home equity loan deductions may impact your freelance taxes, December 11, 2018
- ‘Tis the season to wrap up more depreciation deductions for your freelance business, December 3, 2018
- How new IRS rules make saving for retirement easier than ever, November 13, 2018
- Dropping healthcare coverage? Here’s what it means for your freelance taxes
- Happy holidays–updated meal and entertainment deduction rules are here, October 22, 2018
- Open Enrollment season is here–what does that mean for your freelance taxes?, October 18, 2018
- The IRS never rings twice: How to know if an IRS contact is legit, September 24, 2018
- Save on taxes with the updated child and dependent credits, September 10, 2018
- In the red? Watch out for these new tax changes, September 5, 2018
- The game is on: Here’s what you need to know about legalized sports betting, August 10, 2018
- Sales tax 101 for freelancers who use Amazon, July 24, 2018
- Not just for kids: How changes to the “Kiddie Tax” benefit freelancers, July 11, 2018
- Tax reform and tuition distribution: What you need to know, June 29, 2018
- 3 key tax reform changes for freelancers, June 18, 2018
- New tax laws mean increased depreciation deductions for freelancers, May 23, 2018
- How a new deduction could cut your tax bill by 20%, May 7, 2018
- Must-have answers to your freelance tax FAQs, April 5, 2018
- Wining and dining your freelance clients just got more expensive, January 10, 2018
- How the Tax Cuts and Jobs Act impacts freelancers, January 4, 2018
2017
- S-Corps offer significant tax savings… But is this entity structure right for your freelance business?, December 20, 2017
- 529 plans: They’re not just for kids!, November 17, 2017
- Answers to tax questions every freelancer needs to know, October 27, 2017
- Looking for a new gig? Look for new tax deductions too, September 11, 2017
- Expanding your team? Use this checklist to prepare for expanding expenses, August 28, 2017
- How to claim your share of $12 Billion in R&D tax credits, July 20, 2017
- What the President’s tax plan could mean for your freelance business, June 23, 2017
- How a “marathon” mindset can help lower your freelance tax bill, April 20, 2017
- Struggling to pay your taxes? Take these three steps now, February 24, 2017
- Watch out for this hidden 2017 tax increase, January 24, 2017
2016
- Heads Up! Tax deadlines are changing in 2017, November 7, 2016
- Start spreading the news: NY expands tax credit for musical productions, September 7, 2016
- Estimated Taxes on autopilot or not even airborne? Take control before September 15, August 16, 2016
- How to combine business and pleasure for a tax break, July 13, 2016
- It’s summertime and the billing is NOT easy—5 tips to avoid a cash flow crunch, June 8, 2016
- Blew Off the Tax Filing Deadline? Get Back on Track with These Tips, April 26, 2016
- 6 next-level tax deductions for freelancers and the self-employed, March 15, 2016
- 7 secrets to a successful “first date” with your tax professional, February 9, 2016
- Don’t let tax Season bite you in the @**, January 11, 2016
2015
- 2016 tax break predictions, December 16, 2015
- Get the 4-1-1 on self-employment tax, September 15, 2015
- Get a 529 to save for college, save on taxes, August 27, 2015
- 7 tax-saving opportunities knocking now, July 13, 2015
- Friends with tax benefits, June 26, 2015
- Down to the wire on your taxes? Time to file an extension, April 7, 2015
- Don’t leave your money on the table – time is running out to claim 2011 tax refunds, March 26, 2015
- A simple 5-step tax strategy for moonlighting freelancers, March 18, 2015
- Tax filing season starts now! Reduce your pain with these simple tips, February 11, 2015
- 7 Tax tips for first-time freelancers, January 26, 2015
- Watch out: 11 tax changes that might affect your 2015 tax return!, January 9, 2015
2014
- Smart tax moves for the end of the year, December 17, 2014
- Sales and use tax: 7 facts freelancers need to know, November 24, 2014
- No more procrastinating: now’s the time to take care of unfiled tax returns, October 20, 2014
- Sole proprietorship? LLC? S Corp? How to pick what’s best for your business & taxes, August 7, 2014
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