Accounting
Tax Time Tip: Saving Receipts
With April 15th right around the bend, can you honestly say that you saved every receipt that you could have written off? If not, try a simple technique that works. Grab a jar, a shoebox or another container and set it on your desk or by the door. When you come home, empty your pockets,... »
Paypal Invoices
If you want to get paid quickly, use Paypal for your invoicing. It’s free, allows you to give a full breakdown of the charges, and the invoice is emailed to your client along with a big “Pay it now” type button that makes payment super easy. The only problem I have with them is... »
Copy Your Receipts
When you save your receipts for your end-of-year tax hell, it’s a very good idea to xerox them or at least write down the details elsewhere. Today’s receipts tend to fade–especially cash register tape from restaurants and your local ATM. Most freelancers get burned by this once and say “Never again!” but if you’re... »
Shhh….Tax Season Will Hear You
As a freelance writing business owner, you don’t have to worry about “tax season” so much as you need to worry about quarterly estimated taxes. Right now, you’ve got about 30 days to get your accounting in order for September’s quarterly estimated due date. The easiest way I’ve found to do my accounting is through... »
