S Corporations And Double Taxation

S Corporations And Double Taxation
One of the easiest ways for self-employed entrepreneurs and freelancers to pay less in taxes is by starting a S Corporation. Although the cost of starting an S Corporation and the tax benefits vary from state to state, incorporating generally means that most full-time...

Freelancer Quarterly Estimated Taxes 101

You’re now a freelancer or working on a part-time side hustle. That’s awesome. But there’s one ugly thing to take care of: taxes. Ordinary employees in the United States get a form called a W-4. Basically, a W-4 tells companies how much money to put...

Study: Most Rideshare Drivers Never Heard Of The ‘Gig Economy’

Study: Most Rideshare Drivers Have Never Heard Of The Gig Economy
If you’re immersed in the tech world, odds are good that you’ve heard of the “gig economy”--a new world of business where independent contractors choose their own hours and the gigs they want through marketplaces like Uber, Lyft, and TaskRabbit. But there’s a problem:...

Taxes For Freelancers: Independent Contractor Edition

Taxes For Freelancers Independent Contractors
There are a lot of great things about freelancing. But doing taxes? Not so great. If you’re working as a freelancer and are an independent contractor (that is, you deposit your earnings directly to your personal bank account and don’t have a S Corporation or...

Freelancer Retirement Planning: What You Need To Know If You’re Self Employed

Saving For Retirement As A Freelancer
Whenever I speak with my fellow freelancers about money stuff, retirement comes up. All. The. Damn. Time. And do you know what’s even more surprising than that? The sheer number of freelancers and self-employed professionals who don’t have the foggiest idea of how, exactly, they...

The Best Reddit Personal Finance Tips

By Tony Webster from Portland, Oregon, United States - Change, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=39882332
Social networking site Reddit can be massive and daunting to navigate--but it has some of the best financial advice on the internet. Reddit’s /personalfinance subsite (or sub-Reddit, as they call it) is a massive forum with tons of traffic devoted to all things personal finance....

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