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.
Nov 16, 2020

It's now easier to access relief for freelancers who owe the IRS

The IRS is making things easier for those who have outstanding tax debt weighing them down.

Nov 09, 2020

It's always the right time to plan for your freelance retirement

The latest info on retirement savings accounts, how much you can contribute, and how to choose the one that's right for you.

Oct 20, 2020

The self-employment tax wage threshold has risen. Here's what that could mean for your 2020 tax burden.

A increase to the SSA's wage threshold means self-employment taxes for high-earning freelancers could go up. Should you consider forming an S-corp?

Oct 13, 2020

New rules for PPP loans make forgiveness easier for freelancers

A simplified form makes PPP forgiveness streamlined for loans of $50,000 or less.

Oct 07, 2020

Understanding new IRS rules about deducting meals and entertainment

The new guidelines freelancers need to know for deducting meals, entertainment, and other business expenses.