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

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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.

Note: When you're done here, try the tactic that helped Rob book out his freelancing for 6-12 months in just 30 days. It's called SolidGigs and we really think you're going to love it. Trade some of your worst clients for the best companies in the world. Learn more.

As always we would love to hear your thoughts!

Hit us up on Twitter @milloteam or email us at shows@millo.co. 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 trybench.com and see if it fits your needs.

Shownotes for episode 010

Show hosts & guests:

Resources listed in this episode:

Psst... Looking for more passive income as a freelancer? Learn from 4 solopreneurs who built their own passive income streams from scratch. Enter your email below and we'll send you a link to our free guide. Or preview it here.

Podcast mixed and edited by:
Danny Gilman from https://echopodmedia.com

Music in this episode by:

Joakim Karud (http://youtube.com/joakimkarud)

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