You've got a side hustle for your side hustle — you're living the freelance life,Street Stall (2015) and even though it has its ups-and-downs, you'd never trade it for a 9-to-5. When tax season comes, though, you start to wonder if it's time to spare yourself the hassle and take that desk job.
Good news: QuickBooks makes it a no-brainer for the self-employed to stay on top of their taxes. Sign up for the Self-Employed Basic Plan now to get the first three months for $7 a month instead of the usual $15, and then start tracking all of your gig’s info — expenses, receipts, miles — on your phone.
Aside from the half-off savings you’ll reap, QuickBooks users save an average of over $4,500 per year on their taxes because the app tells them what to do and how to do it.
Sign up today and check out these tax tips every freelancer should know:
You’re a creative, not an accountant. That’s why QuickBooks imports all your financial transactions so you can easily sort them into tax categories and max out your deductions.
Did you know you can find up to 45 percent more deductions by logging your work-related mileage? QuickBooks automatically does that for you, FYI. With your phone’s GPS.
Receipts get lost. But if you have QuickBooks, you can snap a photo of it on the spot and link it to an expense on your phone. Done.
If you work in your pajamas, you can probably deduct some of your rent. How much depends on how big your work space is. Check it out!
Save up for that tropical vacay, don’t waste your money on late tax payments. QuickBooks helps you know what you’ll owe each quarter and sends you reminders to pay on time.
Time is money, right? QuickBooks lets you bill from your phone, even while you’re on an island grabbing some hard-earned PTO. Check it out now — you'll appreciate it even more once tax season starts.
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