Money & Taxes

How a “marathon” mindset can help lower your freelance tax bill

Freelancers who have a “marathon” mindset tend to have the fittest and most successful businesses—and lower tax bills.


Advocacy Money & Taxes

Sara in the LA Times: We need tax reform for freelancers

Tax day is a painful moment for many Americans. And for freelancers, it’s even more painful still. Freelancers know they have to deal with tax chores that their nine-to-five,…


Money & Taxes

Why automation is essential to any freelance career

Being a freelancer comes with a laundry list of business administrative duties. While you may have gotten into freelancing to focus on delivering your best work to clients, doing daily…


Money & Taxes

Operating profit vs. working capital: Why you need to factor both into your business

If you’re planning to freelance full-time, following Jonathan Medows’ advice about “going rogue” is great. You definitely have to start with a business plan. You are, after all, starting…


Money & Taxes

The final countdown: Tax deadlines you need to know now!

Now that we’re past the midpoint of March and most NCAA fans have their brackets selected, it’s time to face the looming tax deadlines ahead of you. “The…


Money & Taxes

3 reasons why every freelancer should be using an invoice app

Most freelancers hate invoicing, but it doesn’t have to be so tedious. Here are three reasons why you should add an invoice app to your toolkit.


Money & Taxes

How your business structure affects your taxes

Companies come in several flavors: sole proprietorship, corporation, partnership and more. The type of business entity you choose will have a huge effect both on how you pay taxes and…


Money & Taxes

Updates to the 2017 Tax Code

Every year the tax code changes and for 2017, there are a number of important updates that may affect you and your freelance business. To help you get a handle…


Money & Taxes

The best accounting software for freelancers in 2017

You probably chose your career path as a freelancer in order to pursue a passion—writing or design or IT consulting. Or, you might have started freelancing because it provided…


Money & Taxes

3 ways to introduce stability into your freelance life

There are a number of things freelancing offers, but a guaranteed steady paycheck is not one of them. Neither is paid time off for vacations, health insurance benefits, retirement planning,…


Money & Taxes

Why every freelancer should have an “Oh, Sh*t!” fund

Being a freelancer can be one of the best careers out there. You get to do what you love and get paid while doing it. You’re constantly building, learning,…


Money & Taxes

7 freelance mistakes that will cost you

Making money from freelancing can mean something different to each person. Maybe your goal is to work as a freelancer on the side for extra cash while you still work…


Money & Taxes

Struggling to pay your taxes? Take these three steps now

Tax season is here and you may be stressing a little, especially if you haven’t been making regular estimated tax payments on your business profits. If this is the…


Money & Taxes

3 legal issues freelancers need to know

Have you been thinking about calling it quits on your nine-to-five job and setting yourself up as a freelancer? Having the ability to work where, when, and how you want…


Money & Taxes

Watch a replay of our retirement webinar with Honest Dollar

The folks at Honest Dollar really know what they're talking about when it comes to saving for retirement. As freelancers, prioritizing retirement saving is often difficult, but it's imperative that…


Money & Taxes

A comprehensive introduction to retirement planning as a freelancer

As one person doing all the work for multiple entities, you probably think retirement is out of the question for you. No one is going to set up and pay…


Money & Taxes

Watch out for this hidden 2017 tax increase

Perhaps you’ve heard from the older folks you know that the government is feeling generous when it comes to Social Security recipients this year—giving them a whopping 0.…


Money & Taxes

8 ways to wise up on your retirement savings as a freelancer

Honest Dollar is passionate about making saving for retirement simple and flexible for freelancers. To help you save for retirement we offer Individual Retirement Accounts (IRAs). Below are some responses…


Money & Taxes

Finland becomes first European country to trial Basic Income system

After Switzerland passed on a motion for Universal Basic Income last year, Finland has taken the lead to become the first country in Europe to pilot paying citizens an unconditional…