Freelancer Tax Deduction Real Talk

Freelancer Tax Deduction
Tax season is upon us here at Almost Millions. 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 of Columbia, Tax Day 2017 is Tuesday, April 18. With...

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...

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....

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 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...

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...