There’s an old saying that “time is money,” a notion most of us can appreciate. But when you’re a freelancer, you’re actually living and breathing that truth every day!
Whether your freelan...
Published 8 years ago
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When I worked freelance, I always put aside a part of every check to pay my estimated state and federal taxes, By doing so right upfront, I had that money separated from my other funds so I was covered, no matter what and avoided "sticker shock" at payment time. I put 28% aside for federal taxes and 7% for state taxes, which was a tad high but within my comfort zone.
- A very smart idea, Al. Thanks for reading, commenting, and sharing that tip with us.