Being self-employed in any country can be challenging, but navigating tax rules in a foreign system adds an extra layer of complexity. For nonresidents earning […]
Self-employment
Self-Employed and Buying a House? Here’s How to Get Approved for a Mortgage
For millions of Americans, the path to owning a home is a central part of the long-term financial journey. But when you’re self-employed, that path […]
What’s Changed About the Home Office Deduction for the Self-Employed
If you’re self-employed and work from home, the home office deduction could provide meaningful tax savings for the 2024 tax year. Understanding who qualifies and […]
Self-Employed and Thriving: Prioritize Your Finances with Confidence
Freelancing has emerged as a leading work model for those seeking independence, flexibility, and control over their professional life. From creative professionals and consultants to […]
Smart Tax Strategies Every Self-Employed Graphic Designer Should Know
Starting a freelance graphic design business is a major step forward in creative independence, but with that freedom comes a range of new responsibilities. One […]
A Guide to Managing Self-Employed Expenses Throughout the Year
Becoming your boss offers a great deal of freedom. You can set your hours, decide when to take vacations, and even work from remote locations. […]
Must-Know IRS Tax Forms for Self-Employed Individuals
Self-employment comes with a unique set of responsibilities, especially when it comes to taxes. Unlike traditional employees who receive a W-2 and have taxes withheld […]
How to Claim the Health Insurance Deduction if You’re Self-Employed
Self-employed individuals often face the challenge of securing their own health insurance, which can be costly and difficult to manage without the support of an […]
Self-Employment Taxes: 3 Must-Know Essentials
When you step into the world of freelancing, independent contracting, or starting your own business, you take on a range of new responsibilities. Among the […]
A Self-Employed Person’s Guide to Building Retirement Savings
Being self-employed brings freedom, creativity, and control, but it also comes with responsibilities that traditionally fall under the purview of a human resources department. This […]
Adjusting Your Estimated Taxes: A Self-Employed Person’s Guide
Self-employed individuals, freelancers, small business owners, and independent contractors all share a unique tax responsibility that traditional employees do not. Unlike W-2 employees who have […]
Filing Taxes with Multiple Freelance or Gig Jobs: Using Schedule C
Schedule C is the tax form used by self-employed individuals to report income and expenses related to their business activities. Whether you’re a freelancer, gig […]
Confidently File Taxes as a Self-Employed Professional
The concept of self-employment has experienced significant growth over the past decade. According to recent data from the Bureau of Labor Statistics, approximately 16.2 million […]
Step-by-Step Guide to Calculating Your Self-Employment Tax
If you’re self-employed in any capacity, whether full-time or part-time, you’re responsible for paying self-employment tax. This tax is applied to net earnings and goes […]
Understanding the 2024 Home Office Deduction Rules for the Self-Employed
Working from home continues to shape how people conduct business in 2024. For self-employed professionals, freelancers, and small business owners, understanding the home office deduction […]