Helpful Info

Everything You Need to Know About Freelance Tax and Accounting in One Handy Guide

New to the world of freelancing and self-employment? To help you get started as a freelancer and to answer many of your questions, the CPA for Freelancers® team has compiled the Accounting and Financial Guide for Freelancers, Self-Employed Individuals and Small Business Owners. If you are a freelancer, sole proprietor, LLC, S-Corp, C-Corp, or a home business operator, keep this guide close at hand.

Take a few minutes to read the guide before you strike out on your own—it will save you hours of time and frustration, plus you’ll learn all the “musts” that few newbies catch such as:

  • How to keep proper self-employment records
  • The taxes you must pay as a freelancer
  • Whether you should form a legal entity for your business
  • How to best manage your cash flow
  • How Obamacare taxes impact the self-employed person.

There’s also an article on overlooked tax breaks that could save you some money next Tax Day. In addition, you’ll also want to check out our blog and subscribe to our email updates to help you navigate a wide range of tax and accounting issues.