With the changes made by the Tax Cuts and Jobs Act not well understood by many Americans, taxes can be confusing enough for employees. Being a freelancer or independent contractor adds another layer of complication. For example, did you know there are three additional types of retirement accounts available to self-employed individuals that are not accessible to employees? Max out … Read More
Flower Mound Business Advice: Freelancer Tax Tips
Now that tax season is in full swing, many workers will no doubt be scrambling to get their returns done. That also includes the self-employed. While filing taxes as a salaried employee often means copying down a number from a W-2 and calling it a day, there’s often a whole set of complication tacked on to the process for self-employed individuals. … Read More