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:...

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...

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...

Finding Your Lyft And Uber Tax Forms

Get ready all you Uber and Lyft drivers: Tax time is almost here. Both Lyft and Uber have released their 2016 tax info, including 1099s, to their drivers. Here’s a quick and easy guide for finding your tax information, summaries, and 1099s. Finding Your Lyft And...

Self-Employment Tax Tips For April 18

Self-Employment Tax Tips
Tax season is upon us here at Almost Millions, the personal finance site for freelancers and the self-employed. This year, individuals have three extra days to file taxes--because April 15 falls on a Saturday and Monday, April 17 is a holiday in the District...

Xero TaxTouch: A Tax App Just For Freelancers

Almost Millions: Personal Finance For Freelancers, 1099ers, & The Self-Employedvideo
I've always been a big fan of Xero, the excellent web-based accounting and bookkeeping software for small businesses. Now, Xero has an iPhone and iPad app designed just for freelancers and the self-employed in order to making taxes easier. Xero TaxTouch is a new app that...