The Ultimate Guide to Taxes When You’re Self-Employed
If you’re self-employed, you’re all on your own when it comes to taxes. That includes both paying taxes and how to figure out what to pay. Here’s everything you need to know.
Amended Tax Return: When and How to Do It
An amended return is redoing your taxes. You may need to amend your return if you realize you’ve made an error or if the IRS audits your tax return but their changes aren’t 100% correct either.
IRS Installment Agreement: Pay Your Taxes Over Time
An IRS installment agreement is a payment plan that allows you to pay your taxes over time. You can use an installment agreement either for your current year taxes or for tax debts from previous years.
How to Protect Your Identity in the Gig Economy
If you’re a gig worker, freelancer, or independent contractor, your identity may be at risk. You’re constantly asked to give out personal information. Sometimes, it’s to companies you barely know. Here’s what you can do to protect yourself.
Why Choose Between Retirement Savings and an Emergency Fund? A Roth IRA Lets You Do Both
The problem: You want to start saving for retirement but need to build up an emergency fund. The solution: Use a Roth IRA as an emergency fund instead of a regular bank account.
Does a Freelancer Need Professional Liability Insurance?
As a freelancer, do you know if you have liability when working with your clients? If you do have a potential liability, would it fall under professional liability insurance?
Does Your Personal Car Insurance Cover Your Gig?
Many gig economy jobs require you to use your own car. That means you usually need your own insurance as well. Find out if the car insurance policy you already have will cover you.
CP12 Notice: What Does it Mean and How Should You Respond?
The IRS sends a CP12 notice when it believes you made a mistake on your tax return but are still owed a refund. This might mean a larger refund, a smaller refund, or an amount due turning into a refund.
Do You Need a Tax Preparer, CPA, or Enrolled Agent?
Do you need a tax preparer, CPA, or enrolled agent, or can you do it on your own? Check out these guides to help you figure it out.
