Two Money Saving Tips When You Work Freelance.
This post is especially important to those of us who work from home on a freelance or contract basis or have a small business that they’re running from home. The sad reality is that though we don’t have an “employer” who deducts taxes from our weekly paycheck, we must submit and pay taxes at the end of each year. There’s absolutely no exceptions as far as I know… unless you have a very creative accountant or you live in a country where there are no taxes.
In this episode of “The Work from Home Minute” I’ll show you a couple money saving tips when it comes to getting your statement of income and expenses ready for your accountant and how to avoid paying late penalties and excessive fees. I’m notorious for being tardy and usually end up paying fees and interest on what I owe to the federal government in the past, but it’s now been 3 full years that I’ve been “fee free”. Do leave me your comments below after watching the video:
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