freelancing budget

  • Photo of Taxes: How to Pay the IRS

    Taxes: How to Pay the IRS

    There are several ways to pay the IRS, including via check or wire transfer.

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  • Photo of What Is the Best Freelance Bank Account for Business?

    What Is the Best Freelance Bank Account for Business?

    Life as a freelancer is easy when you don’t have to worry about cashflow and budgeting. Opening separate business and personal accounts will certainly help you achieve this. To clarify, the best freelance bank account should make it easy for you to transfer money, receive payments, and minimize fees. Without these tools and features, freelancers will find it difficult to…

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  • Photo of Budgeting for Freelancers: How Can I Avoid These Common Mistakes?

    Budgeting for Freelancers: How Can I Avoid These Common Mistakes?

    Being a freelancer has plenty of financial perks. For a start, the typical freelancer salary or payment depends on how much money they need. To clarify, when they need additional funds, a freelancer could easily take on more projects, and vice-versa. However, starting your own freelance business requires you to carefully manage your finances. In short, effective budgeting for freelancers…

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  • Photo of Work From Home Tax Deductions That You Can Claim

    Work From Home Tax Deductions That You Can Claim

    At home businesses have many advantages over their brick-and-mortar counterparts. For a start, entrepreneurs save money on gas and office rent. Similarly, freelancers that operate online enjoy unique benefits in comparison to employees who commute to a physical office location. However, transportation costs and rent are on the tax deductible expenses list of traditional businesses, but not digital ones. Nonetheless,…

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  • Photo of The Best Online Budgeting Tools for Taxes

    The Best Online Budgeting Tools for Taxes

    In a previous article, we outlined the advantages of using online budgeting tools for your taxes. We also discussed how the IRS customer service team may offer free support and guidance. These different tax-preparation methods can save you plenty of money and time, while enabling you to discover new deductions and credits. Some of the most prominent apps include PocketGuard,…

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  • Photo of 10 Things to do When You Retire

    10 Things to do When You Retire

    For some people, feelings of loss, apprehension, and excitement might come with retirement. You’ve spent decades working a majority of the week and now you have tons of free time – how are you going to spend it? You might feel bewildered and wonder what you’re going to do with so much time on your hands! Once you transition into…

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  • Photo of How Freelancers Can Budget When They Have Irregular Income

    How Freelancers Can Budget When They Have Irregular Income

    If you are a freelancer, you know that your income can tend to be much like a roller coaster. One month you could be very busy and make more than your bills, then the next month you could be desperately searching for more work. That is just the way of freelancing life. It is essential, however, for freelancers to have…

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