For the majority of the year, freelance work can be a rewarding part-time or even full-time gig. A convenient schedule with flexible hours and extra income are a big plus.
However, when tax season rolls around, things can get stressful and downright scary if you haven’t prepared properly. Freelance taxes don’t have to be stressful. The goal is to know what is expected of you and plan ahead. Here’s what you need to know if you’re filing this year as a freelancer.