Tax Tips for Freelancers: How to Maximize Deductions

Tax tips for freelancers

Freelancers face unique challenges when filing taxes. Unlike traditional employees, they must manage their own tax obligations. This can feel overwhelming, especially when navigating self-employment tax and IRS regulations. Freelancers must file Schedule C to report business income and expenses. They also receive Form 1099-NEC from clients who pay them for services. These forms are … Read more