Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year
Allwork
JUNE 30, 2023
According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” ” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. The income amount varies each year.
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