Informative Blog articles on the topic Financial tips for the self-employed for More Success...
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If you are in business for yourself, here are some tax tips for self-employed people you must understand. This is an important guest post that I want everyone to read – even if you’re not self-employed. The reason is that many CPAs forget or overlook these simple ideas. You have[...]
Throughout the years, legislators have written numerous lines into the tax code to soften the blow of the extra costs that self-employed persons must shoulder as the do business. However, the 2017 Tax Cuts and Jobs Act (TCJA) eliminated several self-employed tax deductions. Many of these changes are temporary and[...]
Being a successful freelancer is no easy feat. Avoid some of the common pitfalls with these top tips for a more productive and lucrative working life In the UK, about 4.5 million of us are registered as self-employed. Given how many of us work for ourselves, it’s pretty surprising how[...]
Freelancing is growing in popularity, largely in part to the amount of freedom it offers. Being self-employed, you have the flexibility to pick and choose which projects to work on, when to work, what to charge, and of course, the convenience of working from home. While working for yourself certainly[...]
Being your own boss can be great, but handling the finances can get complicated---especially come tax time! Here's a how-to guide to help you out. Being your own boss can be great. But when you’re self-employed, you also become your own human resources representative, office manager, and accountant. The finances[...]
If you’ve responded to the call of self-employment, congratulations! Self-employment is exciting, but it also comes with its fair share of financial challenges. Here’s how you can thrive financially as your own boss. 1. Master budgeting for the self-employed An important thing to know is that a budget for a[...]
Get Paid What You're Worth and Spend Less Than You Earn. It may sound simple, but many people struggle with this first rule. ... Stick to a Budget. ... Pay off Credit Card Debt. ... Contribute to a Retirement Plan. ... Have a Savings Plan. ... Invest. ... Maximize Your[...]