Many freelancers and small business owners simply outsource their taxes to an accountant. But when it comes to taxes for the self-employed, a DIY approach can have exponential benefits.
Then again, perhaps I’m biased. In doing my own taxes, I’ve learned how to keep better records and how to maximize methods to reduce the amount of taxes I pay. And it’s not as hard as you might think. Whether you’re a freelancer, small business owner, or just earned a little extra income on the side this year, follow these tips to master your own taxes. (more…)