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.
Oct 07, 2019

Updated IRS per diem rates may impact your freelance expenses

The IRS has released the 2019-2020 special per diem rates.

Sep 30, 2019

Who knew? Reward points and rebates may increase your freelance tax bill

Credit card rewards, purchase incentives and manufacturer rebates can all add to your tax bill.

Sep 09, 2019

Avoid tax season surprises! Check out the IRS’s freelancer-friendly estimated tax tool

To avoid tax surprises, make use of a new tool from the IRS for calculating your tax withholdings.

Aug 19, 2019

Good tax news for freelancers! The IRS is automatically waiving 2018 estimated tax penalties

The IRS will waive the estimated tax penalty for more than 400,000 eligible taxpayers.

Jul 29, 2019

The IRS is targeting taxpayers who deal in cryptocurrency

Whether you are using cryptocurrency personally or for your freelance business, you must report your activity and pay tax on your assets.