Posts authored by Jonathan Medows
Jonathan Medows is a NYC-based CPA who specializes in taxes for consultants across the country. His website has a resource section with how-to articles and information for freelancers.
Scaling from Solopreneur to an S-Corp?
Why Calculating Reasonable Compensation is a Critical Tax Move…
Worried About the Impact of Inflation on Your Freelance Business? Here’s What You Need to Know to Avoid Higher Tax Bills
With all of the news coverage about inflation, it is hard not to think about where the economy is going and, for those of us who are self-employed, the perceived…
Is Rental Real Estate Part of Your Freelance Income?
Many self-employed individuals and freelancers invest in rental real estate properties to supplement their income or even get their real estate license to do the same. If you’re one of them, it’s important to understand how potential losses may impact your taxes.…
Tax Deductions Are Few for Pro-Bono Freelance Work, Get in the Know
Like many freelancers who are good at what they do, you likely get approached by not-for-profit organizations (or friends who work for them) to provide pro bono services.…
Suddenly Self-Employed? Key Tips for Combining W-2 & 1099 Income
Given the focus in May on National Small Business Week, (May 1 to 7) and the end of the tax filing season, if you find yourself transitioning from regular wage-earning employment income (reported on a W-2) to self-employment (tracked by those who pay you on a 1099)…