If you’ve responded to the call of self-employment, congratulations! Self-employment is exciting, but it also comes with its fair share of financial challenges. Here’s how you can thrive financially as your own boss.
Tags: Self-Employment Taxes
Being your own boss is great. It also means your taxes can be more complex. This self employment tax guide walks you through the self employment tax basics of what to expect. We’ll also spotlight some valuable deductions that could lower your tax bill.
Taking the standard deduction is one of the simplest ways to lower your tax burden. Can the self-employed take the standard deduction? Read on to learn more about the standard deduction, who is eligible to claim it and if it’s worth it for freelancers and small business owners.