For creators, tax time means a slew of 1099s, mileage records, crumpled travel receipts and a stack of credit card statements. Unlike your 9-5 working, W-2 filing counterparts, freelancer taxes aren’t quite as simple. Not to worry. As you gather your tax documents this season, we have a few tips to make sure you keep more money in your pocket. We asked CPA Gabe Lumby to point out deductions that every creator should be aware of.
If you’re looking to hire an editor this year, especially for freelance work, it’s helpful to know how much money you should expect to put down. Digging around online for pay scales will return plenty of sites that give you the “rates depend on … [Continue reading]