How do I handle my freelancer taxes? (My Freelance Life 010)

Earning money through freelancing does cost money and is taxed differently. You don’t have a full-time employer to figure out your taxes and give you a clear-shot paycheck, after all. And then you hear terms like “1099” and W-2”, which honestly can be quite hard to wrap your head around.

In this very special episode (and our longest yet) of My Freelance Life, we take a deep dive with Andy and our special guest – Nathan D Lee, a professional accountant, to give us the insights on finances, bookkeeping and tax implications for freelancers.

As always we would love to hear your thoughts!

Hit us up on Twitter @milloteam or email us at [email protected]. Also, join our Facebook Mastermind group for awesome tips from the freelance community!

This episode of My Freelance Life is brought to you by Bench

Bench removes the stress of bookkeeping by providing software and a dedicated accountant to manage your books. Try Bench completely FREE for 30 days plus save 20% on your first 6 months – visit and see if it fits your needs.

Shownotes for episode 010

Show hosts & guests:

Resources listed in this episode:

Podcast mixed and edited by:
Danny Gilman from

Music in this episode by:

Joakim Karud (

Full episode

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Millo has been serving founders & freelancers since 2009. Our team of expert contributors consists of designers, agency-builders, writers, entrepreneurs, consultants and more. Dive into our best content on our start here page.


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