Self-Employed or Freelance? You Likely Need To Pay Estimated Taxes — Here’s What You Should Know

Self-Employed or Freelance? You Likely Need To Pay Estimated Taxes

Ground Picture/Shutterstock The tax system operates on a “pay-as-you-go” basis. If your taxes aren’t being withheld from your income, the IRS expects you to pay estimated taxes four times a year, usually in January, April, June, and September. If you work full-time for an employer, your company typically withholds federal taxes from your paycheck. But […]

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A musician’s guide to sustainable freelancing

A Musician’s Guide To Sustainable Freelancing

Photo by Chris Ainsworth Careers in the music industry are often maintained through freelance and self-employed roles. Just 10% of working musicians are in salaried full-time employment , making the industry an increasingly competitive space for grassroots artists. Whether you’re only just starting out as a performing musician or supporting someone who is, it’s important […]

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Whitehall, We Have A Labor Problem. Freelancing To The Rescue?

Whitehall, We Have A Labor Problem. Freelancing To The Rescue?

Getty getty The UK has a problem. Bloomberg called it a crisis of low participation in the workforce. It’s the worst in over 20 years and author Tom Rees described it this way: According to a new Resolution Foundation report on the UK’s post-pandemic labor force participation, “An exodus of rich professionals from jobs is […]

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5 Things You Must Do When You Switch From a Full-Time Job to Freelance Work

5 Things You Must Do When You Switch From a Full-Time Job to Freelance Work

GrapeImages / Getty Images The freelance wave is here, and millions of people are getting on board. For instance, the number of freelancers in America increased from an estimated 53 million in 2014 to 59 million in 2020. People decide to freelance for many reasons: lower commuting costs, increased flexibility, work-life balance, poor local job […]

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