My Client Wants Another Revision?! (And How I Survived)
Ugh, revisions. We’ve all been there. You nail the brief—a sleek new logo, a killer website mockup, a brochure that’s chef’s kiss—and then… the client comes back with a laundry list of “minor” tweaks. “Can we just make the logo a little bigger? And maybe try a different shade of blue? Oh, and could we […]
How to Price Your Rates as a Freelancer (Even With Inflation!)
Hey freelancers! Figuring out your rates can be a bit of a hassle, especially with prices for everything—from coffee to gas—on the rise. Whether you’re new to freelancing, juggling side gigs, or working full-time, nailing your pricing strategy is essential to building a thriving career. Let’s break it down into simple steps so you can […]
What Is Adjusted Gross Income (AGI) and why should freelancers care?
If you’re a brand-new freelancer just stepping into the world of taxes, you’ve probably come across the phrase “Adjusted Gross Income” (AGI) at some point. Don’t worry if it sounds intimidating—AGI is simply a fancy term that helps the IRS figure out how much of your income is actually taxable. Think of it like peeling […]
Navigating the Bench Accounting Shutdown: What You Need to Know
The sudden shutdown of Bench Accounting during the holiday season and its quick acquisition by Employer.com have left thousands of small business owners in a challenging position. For many, this disruption couldn’t have come at a worse time, with year-end financials and tax preparations looming. Business owners are now left scrambling to secure their financial […]
Social Media Freelancers: TikTok Ban and Preparing for Change
Hey there, social media pros! Whether you’re managing clients’ accounts or building your own brand, you’ve got a lot on your plate. Today, we’re tackling a big challenge: gearing up for a possible TikTok ban in the USA. This is a critical area for anyone relying on social media, so let’s dive in and keep […]
Self-Employed? Here’s How to Handle Taxes Like a Pro
So, you’ve joined the self-employment squad—congrats! Being your own boss is awesome, but let’s talk about the not-so-fun part: taxes. Managing your self-employed taxes doesn’t have to be a headache, though. Here’s the lowdown to help you save money, stay organized, and avoid any awkward IRS letters. What’s the Deal with Self-Employment Taxes? Here’s the […]
The Freelancer’s Guide to Tax Deductions: Keep More of Your Cash
Hey there, freelancer! Tax season doesn’t have to be scary, especially when you know how to use deductions to keep more of your hard-earned money. Here’s a simple official guide to the most common expenses freelancers can claim to lower their tax bill. We’ll also clarify if everyday items like meals, cable TV subscriptions, or […]
Choosing the Best Business Structure for Freelancers
So, you’ve decided to take the plunge and start freelancing? Congrats! Before you dive into projects, let’s talk about the boring (but important) stuff: business structures. Here are the most common structures for freelancers: Business Structure Liability Protection Complexity Pros Cons Sole Proprietorship No Simplest Simple to start and manage Personal liability for debts and […]
Cash Flow Projection for Small Businesses
Freelancing comes with its own set of challenges, especially when it comes to managing money. Cash inflows and outflows can feel unpredictable, making planning difficult. Cash flow projections give you control over your finances. They help you prepare for the unexpected, make smart decisions, and ensure your business stays on solid ground. What are Cash […]
Retained Earnings for Freelancers
As a freelancer, you juggle more than just projects—you’re also in charge of running a business. Navigating fluctuating income, covering expenses, and planning for growth can feel overwhelming. That’s where retained earnings come into play. In simple terms, retained earnings are the portion of your income that stays in your business after paying expenses and […]
