Quit to Freelance? The Tax Nightmare No One Tells You About

Freelance Taxes

Core shift: Taxes stop being automatic, You must withhold for yourself or the first big invoice can turn into a shock bill. Big cost: Self-employment tax means you cover the full payroll-tax side, Not just income tax like a W-2 paycheck. Timing trap: Quarterly estimated payments may apply, Put deadlines on a calendar so you … Read more