What Self-employed Contractors Need To Know About Taxes?
- October 22, 2022
- Posted by: Duffin Martin
- Category: Accounting, Bookkeeping, Consulting, Finance, Tax Planning, Tax Services
As an independent contractor, you can forget the standard 9-to-5 and set your own hours. Rather than earning an annual salary, it’s up to you to set the price of your work—and to sell it. Instead of receiving assignments from a manager, you get to choose who you work with and what type of work you do. Working as an independent contractor can provide you with great freedom when it comes to your schedule and income, but it can also make things more complicated during tax season.
This information does not replace the advice of a tax professional.