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.
Dec 22, 2022

Use This Checklist to Make Your Freelance Tax Filings Easier

Use This Checklist to Make Your Freelance Tax Filings Easier…

Dec 21, 2022

Hardship Accommodation Plan for Economic Injury Disaster Loans May Help Your Freelance Business Cash Flow

If your freelance business received an Economic Injury Disaster Loan (EIDL) during the COVID pandemic, it will soon be time to start paying it back, given that The U.S. Small Business Administration’s (SBA) extended 30-month deferment period is coming to a close.…

Dec 6, 2022

Reduce Your Freelance Tax Bill with These Top Year-End Deductions

With inflation in mind, here are the top ten freelance business expense deductions to consider claiming on your 2022 tax return…

Nov 28, 2022

How to Use Capital Losses to Reduce Your Freelance Tax Bill

As the year closes, consider this information as you assess your tax situation and your overall investment strategy with a tax and financial planning professional.…

Nov 14, 2022

Is Your Freelance Side Hustle a Hobby or a Business?

As a freelancer, it is important to determine if your hobby is actually a business because the IRS will require you to pay taxes on the income derived from it.…