Schedule SE (Form 1040) is a tax form used to calculate self-employment tax liability for individuals who work for themselves, including freelancers.
As a freelancer, you are considered self-employed and are therefore required to pay self-employment tax on your net earnings from self-employment. Schedule SE is used to calculate your self-employment tax liability based on your net earnings from self-employment, which is calculated on Schedule C (Form 1040).
In recent years, the increased accessibility to AI has had a huge impact across all industries and freelancers specifically. With McKinsey research from last year suggesting...
A solopreneur is an entrepreneur who runs their business single-handedly, managing every aspect without the assistance of a co-founder or a team. This business model...
As a freelance logo designer based in Birmingham, I know firsthand how crucial it is to be easily discoverable by potential clients. One of the...
Freelance skills are more sought after today than ever before. The days when people saw freelance skills as less important than regular 9-to-5 job skills...