You are legally obligated to report your income!
If you're a freelancer, you definitely want to keep track of your expenses. Here's why.
Knowing what is considered a legit business expense is very important for everyone who is self-employed. Make sure you understand the basics.
Keeping track of your expenses can be a chore, but this expense tracker will make your life a little bit easier.
You’ve heard people talk about collecting receipts. Or maybe you even have some receipts, but then there are some you don’t have. What are the consequences? Why do freelancers need these little pieces of paper?
Figuring out if you have a home office is an important question for freelancers, artists, and others who regularly work from home. But it’s not always easy to understand what qualifies. Find out more below.
If you have a home office used exclusively and regularly for your freelance business, it often represents a pretty big business expense which can help a lot when it comes to your taxes.
If you use your vehicle for business, you definitely want to track your mileage and other costs associated with business. It will help bring down your tax bill.
Per diems are your friends!
If you bought some big equipment for your business, like a new phone, computer, or camera (or all three and more), there are a few different ways we can handle that expense on your taxes.