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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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With a traditional job, all you need to file your taxes is your W-2 tax form at the end of the year, showing what you made and how much you had withheld for federal and state taxes. With freelancing, you’ll likely have multiple clients, each sending you a 1099-NEC form (previously a 1099-MISC) showing what they paid you.

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Ensuring payroll compliance in 2024: What’s new?

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That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. It went into effect for plan years beginning in 2023, and it’s only available for employees who aren’t currently enrolled in your 401(k) plan. From the implementation of SECURE 2.0

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