Paying taxes sucks. It sucks worse when someone filed the wrong forms resulting in duplicate income being reported to the IRS and you receive a letter saying you owe even more. Here is what you should do to resolve that issue.
It costs money to accept credit card payments. But the flip side of not having a merchant services account for your small business in even more costly.
You may not know it, but you may be paying your accountant for something you shouldn’t be and also it makes the freelancers you work with very angry!
Health insurance is confusing as all get-out! It’s worse when you’re self-employed. And if you’re married…Fuggedaboutit! These examples will help clarify things for you.
Freelancers can’t afford to leave tax planning for the end of the year. Even then, most of the year-end tax tips are plain bad and not worth the time it takes to read.
When you’re starting out in business, it’s ok to use a simple spreadsheet or check register to track your money. At some point you need to seriously consider moving to a more advanced platform.