Tag: self-employed

Roth IRA vs Roth 401(k): Which Is Better for the Self-Employed?

You finally had a profitable year freelancing, your accountant mentioned you should

Johnson Stiles By Johnson Stiles

What Is a Single-Member LLC? A Plain-English Guide for the Self-Employed

You have been freelancing for a year, the income is steady, and

Erika Batsters By Erika Batsters

What Is the Qualified Business Income Deduction? A Guide for the Self-Employed

Your accountant mentioned a "20 percent deduction" you might qualify for, and

Hannah Bietz By Hannah Bietz

How Long Does It Take to Get an LLC? A Guide for the Self-Employed

A client just asked you to invoice from a business entity, the

Emily Lauderdale By Emily Lauderdale

What Is a Balance Sheet? A Plain-English Guide for the Self-Employed

A balance sheet is a financial snapshot that shows what your business

Erika Batsters By Erika Batsters

What Is a General Ledger? A Plain-English Guide for the Self-Employed

A general ledger is the master record of every financial transaction your

Hannah Bietz By Hannah Bietz

What Is a Proforma Invoice? A Plain-English Guide for Freelancers

A proforma invoice is a preliminary bill of sale that you send

Emily Lauderdale By Emily Lauderdale

What Is an Invoice Number? How to Number Invoices as a Freelancer

An invoice number is the unique reference code you assign to each

Mark Paulson By Mark Paulson

What Is Schedule SE? A Plain-English Guide for the Self-Employed

Schedule SE is the IRS form that self-employed people use to calculate

Johnson Stiles By Johnson Stiles