Identifying Tax Problems
If your business financials are a mess and you're looking to get back on track, you may be thinking of hiring a bookkeeper. A great bookkeeper can help you make better financial choices and they can save you a lot of time and cut down on stress, too. However, you don't want to hire the first bookkeeper that you see. Instead, you want to make sure that they're a great choice for your needs.
Small Business Tax Planning Tips For Freelance Writers
Running a small business comes with a variety of unique tax benefits, and many freelance writers are considered small business owners. If you write on a contract basis, use these tax planning tips to reduce your overall tax burden. Claim the Self-Employed Health Insurance Deduction As a self-employed writer, you're entitled to the health insurance tax deduction. Distinct from the health care premium tax credit, which is a credit that helps individuals and families reduce health insurance premiums, this deduction is claimed against a business' revenue.