3 Ways to Reduce Your Freelance Writing Taxes and Help Yourself

Taxes

by Thursday Bram One of the reasons employers can afford to offer benefits like health insurance and retirement plans to their employees is because there are tax benefits available when they do so. They’ll have to spend money either way — the question is whether they spend that money on benefits for employees or on taxes. The same is true for freelancers. Retirement While the exact tax benefits of opening and funding a retirement account depends on the type you use, some can make a big difference in the taxes you owe this year. The Traditional IRA, for instance, allows [Read more…]

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