32 results found for Tax Liability
millo.co > tax-planning-for-freelancers-avoiding-pitfalls
Proactive Tax Planning for Freelancers: Avoiding Pitfalls and Overpaying
As a freelancer, managing your taxes can be a complex endeavor. However, proactive tax planning can significantly reduce this complexity, saving you both time and money. This article will discuss comm...
millo.co > tax-deduction-cheat-sheet
The Tax Deduction Cheat Sheet for Freelancers & Self-employed
Have you ever filed your tax return only to realize that you could’ve deducted a significant business expense? Hopefully, a tax deduction cheat sheet can ensure that you never miss out on another de...
millo.co > how-to-do-taxes-as-a-freelancer
How to Do Taxes As a Freelancer the Right Way
If you are one of the roughly 59 million gig workers in the US, it is up to you to be familiar with every aspect of running your own business. Of course that includes the skills that got you into busi...
millo.co > when-are-quarterly-taxes-due
When are Quarterly Taxes Due? + Answers to All Your Quarterly Tax Questions
With most freelancers, quarterly taxes are deeply misunderstood. While knowing answers to questions like “When are Quarterly Taxes Due?” may seem like a huge pain, the truth is quarterly t...
millo.co > self-employment-tax-calculator
Self employment tax calculator to help you estimate what you might owe
Even though most people who are self employed really love it, there are some things that they also hate about it — most notably, self employment taxes. However, learning how to use a self employment...
millo.co > 8-money-terms-rich-freelancers-understand-do-you
8 Freelance Money Terms You Must Understand to Get Rich
When it comes to business, let’s face it: most of us freelancers are kindof making it up as we go. If we went to college or university, it wasn’t to get a business degree, it was in design...
millo.co > should-i-take-a-1099-job
Should I Take a 1099 Job? + Quiz
Whether you find yourself suddenly unemployed or just considering a career change, the question “Should I take a 1099 job?” can be a tricky one. I still remember taking my eight-year side-hustle f...
millo.co > llc-for-freelancers
LLC for Freelancers: What All Solopreneurs Need to Understand
Freelancers often start out as struggling professionals. At the time, their natural habitat would include job boards and gig sites like Upwork and Fiverr. Their quest for work? Neverending. But eventu...
millo.co > sole-proprietorship-pros-and-cons
Sole Proprietorship Pros and Cons You’ll Want to Consider
As a hardworking freelancer, you may find the legal side of operating your business somewhat puzzling at times. There are plenty of freelancers who find themselves pondering sole proprietorship pros ...
millo.co > how-to-legally-start-a-freelance-business
How To Legally Start A Freelance Business In 9 Steps
Being a freelancer can be a liberating experience. It gives you the potential to work anywhere in the world, from your couch or a park bench. However, if you don’t want any trouble from the IRS, you...