Managing your taxes as a first-time freelancer is a daunting task, but it does get easier! At the highest level, there are 3 key strategic moves for lightening the tax load: organization, preparation, and the right tax professional.
You heard that right: if your freelancing career is more complex than one steady side gig, we don’t recommend doing your taxes on your own. At the very least, a tax professional will likely help you lower your tax bill enough that it’s worth hiring one, but, even more importantly, a tax professional can help you avoid an audit and costly mistakes.
That being said, it’s still important to have a solid working knowledge around freelance tax practices. So jump in and get your education with our free guide for Freelancers Union members: