If you’re freelancing, you’ve probably wondered whether setting up an LLC (Limited Liability Company) is worth it — especially when tax season rolls around. Should you stay a sole proprietor or take the leap into forming a business entity? The short answer: you don’t need an LLC to pay taxes as a freelancer, but there … Read more
If you’ve ever wondered “are freelancers self-employed“, you’re not alone. It’s one of the most common tax questions people ask once they start working for themselves. The short answer? Yes — freelancers are self-employed. But there’s more to it than that. Being self-employed means you’re not on anyone’s payroll, no taxes are withheld from your … Read more
What happens if i miss a quarterly tax payment If you’ve ever looked at the IRS calendar and realized you missed a quarterly tax deadline — take a breath. You’re definitely not the first freelancer to do it. Between managing clients, invoices, and your own marketing, remembering to send money to the IRS every few … Read more
How to Pay Estimated Taxes Without Stress Let’s be honest — few things make freelancers more nervous than the words “quarterly estimated taxes.” You start earning independently, and suddenly the IRS expects four separate payments a year instead of one neat April filing. It can feel overwhelming — but it doesn’t have to be. In … Read more
Freelancers vs Self-Employed If you’ve ever wondered whether you’re considered a freelancer or self-employed, you’re not alone. The IRS doesn’t always make it easy, and tax time can quickly turn from mildly confusing to utterly overwhelming. Let’s clear things up. In this guide, we’ll walk you through the essential tax differences between freelancers and self-employed … Read more