Self-employment

Set Yourself Up for Success: Tracking Business Expenses

I’d be willing to bet that most small business owners don’t wake everyday excited and ready to conquer their books.  Perhaps, if you’re like most entrepreneurs, balancing your business accounts is often ignored and becomes a sensitive subject, a stressor.  And yet, tracking business expenses is an imperative part of any well-run organization. It’s crucial

Spring Clean Your Finances in 8 Simple Steps

Spring is a time of new beginnings and fresh starts. While your finances don’t start over, they do change slightly year to year. If you’re looking for a productive project to stay busy while you self-quarantine, then get rid of financial clutter and enjoy the peace of mind a clutter-free existence brings. Eight Simple Ways

Working from Home: Ten Tips on Productivity

At one point or another in our careers, we’ve all found ourselves needing to work remote. For some it’s indefinite, others temporary. However, working from home can often times be a challenge when you’re accustomed to the accessibility of resources that an office setting can provide. It’s no surprise that being “at work” offers routine, higher productivity

Freelancing and Taxes: Plan for them

Freelancing and Taxes

Freelancer is a term we see a lot these days and the tax implications are different than as an employee. An employee has the luxury of their employer withholding and paying their tax to the appropriate taxing authorities on their behalf. A freelancer does not. In its simplest form a freelancer is a sole proprietor for income tax purposes. Becoming self-employed as a freelancer comes with great flexibility of being your own boss but one should be mindful of proper record keeping requirements and timely tax payments.