Industries
Tax and bookkeeping for freelancers
Keep business income, expenses and estimated payments organized as your work grows.
Build a reliable starting point
Separate business banking, record income even when no tax form is issued, and keep support for expenses. A current profit-and-loss statement makes estimated payments and owner withdrawals easier to plan.
Review your tax classification
A sole proprietor or eligible single-member LLC may report business activity on Schedule C. An S election adds payroll and a separate business return. Compare the full cost and benefit using actual profit and owner duties.
Common questions to resolve
Discuss home-office use, retirement contributions, health-insurance treatment and income from clients in other states. Eligibility depends on the facts; a client’s location alone does not answer every state-tax question.
Bring to your first call
Your prior return, year-to-date income and expenses, estimated payments and the changes you expect this year.