Today on the podcast, I’m going over the key differences between 1099 freelance income and W-2 employee income when filing taxes and how you can simplify your taxes as a self-employed individual.
Join me in this episode to learn how to file your taxes correctly to avoid penalties and keep your finances simple.
Also mentioned in today’s episode:
The main differences between 1099 and W2 income when it comes to taxes 2:30
The importance of bookkeeping when you’re self-employed 5:45
The importance of keeping records and being prepared for IRS inquiries 14:53
If you enjoyed this episode, please rate, review and share it!
Links:
sunlighttax.com/deductions
The Child Care Tax Credit
Taxes Should Be Part of Civic Education: a Story of Hope
10 Minute Tax Fix: Do a Paycheck Checkup
Oops! How to Fix a Tax Mistake
What is a schedule? Capital Gains, Self-Employment Tax and Itemized Deductions
What I do With My Money
How to Have it All
Why I'm Patriotic (Proof of Real Progress)
The One Thing You Must Do in Your Business
Medical Expense Deductions: When it's Worth Tracking & How
The Business Advantages of Creatives
BTS: How I Structure My Day for Better Focus
BTS: Creative Career Advice from Architect John Cole (aka My Dad)
Tips for Your First Hire
S Corp Mistakes That will Cost You Thousands
Tips to Ensure You Pay Yourself
Re-Framing Finances for Creatives
What Counts As Taxable Income?
3 Tips for Easier Taxes
Bonus: Making your Estimated Quarterly Tax Payment
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Money Mondays